JUST FOR FUN: Bitcoin to $1 million in 90 days
The bet between billionaire Balaji and VATman Medlock on Twitter is going viral.
Balaji is betting that due to hyperinflation Bitcoin will be worth $1 million dollars in 90 days.
I thought it interesting to see what that would look like on the logarithmic.
Seems totally farfetched... or is it? :D
Heres the bet below:
@jdcmedlock
I'll bet anyone $1 million dollars that the US does not enter hyperinflation
BalajiS
I will take that bet.
You buy 1 BTC.
I will send
1M USD.
This is ~40:1 odds as 1 BTC is worth ~26k.
The term is 90 days.
Balaji is betting that due to hyperinflation Bitcoin will be worth $1 million dollars in 90 days.
I thought it interesting to see what that would look like on the logarithmic.
Seems totally farfetched... or is it? :D
Heres the bet below:
@jdcmedlock
I'll bet anyone $1 million dollars that the US does not enter hyperinflation
BalajiS
I will take that bet.
You buy 1 BTC.
I will send
1M USD.This is ~40:1 odds as 1 BTC is worth ~26k.
The term is 90 days.
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