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Hi everyone
Today I complete some research work about what people think about bitcoin price and what is facts and figures says.
The output of research is one bitcoin worth 500k yep 500k usd I know it's hard to believe that's why I gona write both positive and negative points.
4000$
Most people in shock wen thy find out btc break 4000usd price, majority off them don't evev know about bitcoin but after that news thy want invest in bitcoin and we know some of them going to understand the cryptocurrency, after price go $4000 1 million new people know about bitcoin.
More Marchant Accepting
In Japan more than 260,000 store accepting bitcoin and more than 100,000 new online Marchant accept it.
In bitcoin price more effective method is supply and demand so if more Marchant accepting its mean more people keep bitcoin and wen more in keep meaning demand increase automatically and wast market also sport of stability of any currency.
What if government gonna ban bitcoin
Now days news China ban cto so after that every thing is possible but question is that how, well if they do its not possible to stop people to use like drags even after ban more people queries about bitcoin and use it.
In tha end I think BTC break 500k within 2020 what you think about that and this article please inform me in comments
BTC to the MOON !
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This post received a 1% upvote from @randowhale thanks to @spacehd! For more information, click here!
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I think I'm gonna be reach sooner or later with btc.
500K seems a little high
probably around the 100 K
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But if more people use bitcoin I think it's possible because now just few % of total papolation use it and I personally known people who start using bitcoin or any other cryptocurrency.
Thank you for your feedback.
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Good points in this post. Good to see I'm not the only one that is thinking about this. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago I found this amazing platform: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. Check for example: https://www.coincheckup.com/coins/Bitcoin#analysis To check Bitcoin Research report.
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