Reported 2 days ago
Bitcoin's price has surged over the past year, and currently sits around $92,000, prompting discussion on whether it's a good time to invest while the price remains under $100,000. Historically, Bitcoin has experienced significant volatility but has consistently rebounded from declines. Its scarcity, with a capped supply of 21 million coins, mirrors the value proposition of gold but offers superior properties like transportability and divisibility. Analysts suggest that long-term potential could see Bitcoin's value rise to match gold's market capitalization, potentially reaching prices of $900,000 in the future, making current prices appear attractive for investors.
Source: YAHOO