Oh God... another person who knows nothing about Bitcoin. There are an unlimited number of you misinformed people. Why should we listen to you? Maybe you could do some research, and come back with some good arguments. Then we can have a discussion. But after doing your research, you might actually learn how Bitcoin is so revolutionary and thank us for helping you get in early. So lets start with how many coins didn't have any ICO... initial coin offering. And you tell me the significance of someone having to mine every single coin. Since you say there are an unlimited number of knockoffs, it should be easy to find a handful with this characteristic.
Nobody wants to see these ponzi schemes die more than i do. But... Trump is (almost) personally buying hundreds of millions of Ether, meanwhile the short interest is ballooning into record highs. The boomers shorting on CME are fucking retarded. Tether doesn't even have to print any Tethers. They just push Bitcoins into ETH.
but don't you think it takes a long time for BTC to hit 100k mark won't it takes atleast half of it to reach $200k.
We'll see how things go this year, I do not think it will take years for bitcoin to hit $200k For example, the first time bitcoin officially traded at an "exchange" was for less than 1 cent, but let's round it up to 1 cent per bitcoin in 2009 It took 8 years for bitcoin to reach $1,000/btc It took 5 months for bitcoin to double to $2,000/btc It took 2 months for bitcoin to double to $4000/btc it took 3 months for bitcoin to double to $8,000/btc It took 9 years for bitcoin to reach $10,000/btc from 1 cent It took 9 years and 3 weeks for bitcoin to reach $20,000 from 1 cent It took 12.5 years for bitcoin to reach $50,000/btc from 1 cent It took 15 years for bitcoin to double again and reach $100,000/btc from 1 cent But today, you are saying it will take half of 15 years or 7.5 years for bitcoin to double again to $200,000/btc from 1 cent?