AskLeo - What Will You Do When BTC Reaches $150,000?
$30,000 is getting closer and closer and what a number that is when you think that BTC was around $1,000 four years ago. It has gone through a boom and bust cycle since then and we're in a magnificent bull market once again.
How high will it peak is still an enigma, but the forecasts are ranging from $100,000 to $400,000 for the end of the bull market. It's somehow clear that it will be worth over $100,000 at the end of the bull market and some are even starting to plan their profit spending.
One example is Billionaire Chamath Palihapitiya,engineer and the founder and CEO of Social Capital."When the largest cryptocurrency hits $150,000, the billionaire is ready to take over the Hamptons, a cluster of beach villages and towns for wealthy New Yorkers."
It's what he shared with his followers on his tweeter account lately, according to u.today. He's also the man that told on national TV a few years ago that he doesn't allow his children to use facebook. Clever guy I'd say.
He will actually need around $1.223 billion to do that, buy the Hamptons, but who knows how much BTC he owns if he's jumping into such claims so that might be possible. Now the musing of this post is what are you going to do when BTC gets to $150,000?
I know I won't do anything because I don't own BTC. I'm all in into alts, mainly shitcoins I'd say, but if BTC will reach a $150,000 dollar valuation, my alts will for sure do extremely well and probably I will buy myself an apartment with that money.
Thanks for attention, Adrian
Posted Using LeoFinance Beta
