Will BTC reach $50,000 this year? And how about Steem?

in blockchain •  7 years ago  (edited)

The following factors might help BTC double of last year peak value to reach $500,000 this year:

1. Economy environment

US anti-globe economy directory will increase the requirement of dollar replacement for globe currency, BTC is born for it.

2. War threaten in Middle East area

The war threaten will attract funds flow to safe-haven assets. Crypto currencies is becoming a good safe-haven assets similar to gold. BTC is still the first option for most of the funds.

3.  More and more blockchain applications are using in the real world

Such as Steemit, more and more great blockchain applications are using in our life, which will encourage people to adopt crypto currencies in the blockchain applications or in the trade activities.

For the digital currency, which one we should hold? Choose the one already has widely adoption in real world, like Steem, which I am confident to reach $15 this year. If you are not sure, BTC always the other option you can keep. 

Risk reminding: The analysis is based on my personal opinion,    no responsibility for any lost of investment. If you have different opinion, welcome post in the reply. If you agree, appreciate your upvoting.

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To the question in your title, my Magic 8-Ball says:

It is certain

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

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