With all the fiat currency being printed (QE infinity) these are truly unprecedented times. Watch SouthPark's "Margaritaville" episode - Original air date: March 25, 2009 - It's spot on, and history is repeating itself again in 2020. In theory should be no ceiling to scarce SOV assets like bitcoin and gold.
As a long term holder, of course I believe in future of Bitcoin. And getting the likes of JP Morgan involved with Coinbase & Gemini paints a bright future (among many other positive news and developments in crypto space). In May 2025 the block reward of mining will be 3.125 Bitcoin per block, as the next halving will happen around Feb 2024 in 4 years from now. I estimate Bitcoin to be worth around 270% of today's value between approximately $26.000 to $27.000.
Would like to see this topic evolve as 5 years ago lots of people believed the answer was $0.00 - I have been involved in Bitcoin since 2013 I believe the binary outcome success rate of 1 would have been about 1-3% in 2013, 3-5% in 2015, and currently we are looking at 10-12% success rate. And I don't mind taking a risk by investing into the future. Truth is we do need a decentralized / border-less financial system.
Anyone who deals with above average volume on International transfers will know the answer (affiliate payouts/payroll). Or frequent travelers understanding the legitimate problem of not being able to carry more then $10K passing a border without being a suspect. Looking forward to see the opinion in 2020 by the same people who thought Bitcoin was worthless and valued it $0.00 (in their 2015 predictions).
Disclosure: I have bullish sentiment and buy Bitcoin on daily basis (up or down, don't look at the price). My affiliate payouts where possible go to through Bitcoin as well. And yes, I could be wrong. But if I'm wrong, I'd be the first one to admit it. I would hold my Bitcoin to $0.00 going down with the ship and call it a day. Where most bears seem to advocate Bitcoin has no value ($0.00) since beginning of time, not willing to admit being wrong as Bitcoin continues to expand it's horizon OR research and self educate further past the most likely limited information they have on the subject.
Either way that's my humble prediction. Looking forward to see how this topic develops! PS: Not an attack any bears. Cheers