The first investor Jeremy liew and Peter Smith, CEO of blockchain snapchat until 2030, the price of bitcoin they claimed that it would be 500 thousand dollars. Binary Business Insider in their interview, they explained the factors of extraordinary claims.
As the awareness increases, the value of bitcoin would
According to the idea which has been put forward by Peter Smith and Jeremy liew money transfers will be the reason for this huge increase. The statistics issued by the World Bank, for example, a binary, and nearly doubled in the last 15 years of money transfers to foreign countries per cent of GDP 0,75% comprise said. As the awareness increases, bitcoin-based money transfer rate also will increase exponentially.
The US, the UK and also another factor is political uncertainty in developing countries as they show it. As geopolitical risk increases, and the bitcoin will increase both visibility and credibility, they argue. Bitcoin to ease of Transport, and the continuation of strong market performance they're hoping that will also increase the interest of consumers and investors.
Another factor is that mobile transactions grow day by day. As smartphone usage increases, non-cash transactions will be from 30 to about 15 percent in the next ten years. The total number of smart phone users is expected to reach 1 billion by 2020.
GMSA, which is a global organisation representing mobile operators, predicts that 90 percent of new users will be from developing countries. Based on this information, Peter Smith, and Jeremy Liew, everyone would be found to a bank in their pocket, and hope that will happen with smart devices with half of all bitcoin operations that are performed.
Liew and the arguments for Smith are as follows:
At the end of 2017, the value of 1 bitcoin is $ 10,000 above the level.
The user bitcoin network will grow to 61 times by the year 2030.
By 2030, 5 percent of the world's population use bitcoin and 1 bitcoin will be 500 thousand dollars.
From 2013 to 2017, from 6.5 million the amount of bitcoin use had reached the level of 120 thousand users. By the same logic, will emerge by 2030, 400 million users.
Bitcoin will be around 25 thousand dollars of value per user on average. Users share an average of 17,4 billion dollar Sunday and now has 6.5 million the amount of bitcoin owned by per person is around $ 2.550.
The amount of Crypto currency in use by 2030 will be 20 million
Let's hope we hit 500k one day :D
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I hope bitcoin hits $500K. However, I think litecoin and ether and others will also go up like crazy
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