RE: Altcoin News - Ripple Soars, Cardano Rises, $50,000 Bitcoin in 2018, China Crypto Ban Lift

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Altcoin News - Ripple Soars, Cardano Rises, $50,000 Bitcoin in 2018, China Crypto Ban Lift

in cryptocurrency •  7 years ago 

Bitcoin will hit $50 k in 2018. The reasons - adoption and financialization. Bitcoin is currently doubling its number of users each year. Goldman will open a trading desk in 2018. Many predict a bitcoin ETF will start trading in 2018 now that many futures markets are available. Bitcoin is the new gold for millennials, who see value in digital goods. In South Korea - estimates are that 30% of the population own crypto. In the USA, 2% own crypto. What happens to the bitcoin price when 30% of the US population own crypto?

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