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jimmybob

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jimmybob

Re: expediter13 post# 2623

Wednesday, 11/27/2013 4:49:50 PM

Wednesday, November 27, 2013 4:49:50 PM

Post# of 59495
So i think thats the issue with Bitcoin.. I had my doubts as well but the more i look at it the more i realize the scenarios here... There are two options:

1. Its is adopted as a global currency, retailers(brick&mortal and retail) start accepting it... and it becomes as common place as a credit card, cash, paypal...ect

2. It fails and folks fail to adopt it.

Option 1 is the endgame, the bitcoin is worth nothing... ZERO


Option 2 is full adoption, bitcoin is worth $30K+ at least, most likely 100k...


I will continue to add a few as part of a speculative position hoping for option 2, but aware that option 1 is possible as well...

GLTU!

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