First of all - all data that is going to be used IS REAL - price, current money supply is extrapolated from https://coinmarketcap.com/ and you can double check it.
Good, I can see the main scenarios coming...
1st SCENARIO - BITCOIN adoption doesn't stop
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If BITCOIN keeps growing with the same speed as used to do since 2009
1 bitcoin value by 2020 will be 100 000 $
yes, one hundred dollars. Ethereum will naturally follow this price movement since it's linked to BTC exchange.
it could also be possible that bitcoin value will go to 500 000 by 2020 - because of adoption of use for everyday but limited supply to 21 millions units maximum.
If it's hard to believe - but it's all based on DATA and STATISTICS that I am going to disclose for you.. for FREE.
- So let's start considering some numbers...
1 ETH is 0.10 BTC
if 1 BTC is 100 000$ - 0.10 BTC will be 10000$ -> most probable but not exclude others...
if 1 BTC is 500 000$ - 0.10 BTC will be 50000$
if 1 BTC is 1 000 000$ - 0.10 BTC will be 100 000$ -> keep reading to see why this can happen and why we are not so far.
it's hard to see ETH by 2020 value less than ten thousands dollars per coin for many reasons - the main is that it's linked to BITCOIN and their network is actually faster than BITCOIN itself.
The current usage data monitor....
Bitcoin supply is limited to 21 millions - while Global Market Value is thousands of thousands of Billions.
Even if BITCOIN is technologically safe and advanced - Only 10% of population knows about bitcoin - and less than 1% of citizens have some digital coins.
I want you to think about it - look below at the NUMBER of CURRENT BITCOIN ACCOUNTS -
https://blockchain.info/charts/n-unique-addresses
Did you checked - I tell you
it's 614 126
THERE ARE LESS than 1 MILLION PEOPLE currently holding some bitcoin!!
but BITCOIN value is more than $2000 right now !!
What will be the value of bitcoin if 10 million people start to use it for everyday shops ??
..You can easily check this
Imagine what will happen when 1 billion people will make use of bitcoin... remember that right now less than 1 million people is actually holding some bitcoin...
You can easily solve this equation yourself!! Bitcoin value will skyrocket to millions of dollars/single unit.
2nd SCENARIO - ETHEREUM stronger than BITCOIN
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WHY STRONGER
+better security
+faster speed
+lower transaction fee
+more transparent eco system
+easier to mine for normal people with no specific equipment
+more stable
SMART CONTRACTS based on ETH blockchain
MORE RELATED projects - SEE TIME COIN - based on ETH block-chain
If ETH will be stronger than BITCOIN it could mean that the coin to touch 100 000+ USD per unit.. well you got it... will be ETHEREUM.
Paypal director says that
BITCOIN value will touch 1 millions dollars per unit in 2030
can you afford to be outside and look ?
are you sure you will not regret if price will be 1 million ?
MY ADVICE
First of wall - look yourself to market and try to understand what's happening. Then - invest for long term 3 years or more and do not look to price until 3 years is passed and do not sell. If you can afford to invest 2000 USD for long term period - just Invest 50% in ETH and 50% in BTC - you will regret if you keep the MONEY on your bank account.
BUY NOW EVEN if 0.1 BTC - IT'S NOT TOO LATE - IT's JUST THE MOMENT.
Best
I am afraid you haven't factored a scenario where the alternative coins take a dent into BTC and ETH. Consider projects such as EOS which will aim to tackle the challenges in the network currently.
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Even if other tokens put a dent in bitcoin and ETH, these are the mother ships. They are all built on one or the other of these technology structures. Lets think about it, most if not all other tokens require you to use either BTC or ETH to participate in their ICO sales and going forward. Your argument, is weak my friend
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What about other coins?
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Will follow BITCOIN probably. What coins are you interested in
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All the coins, which one may have a bright future?
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Burstcoin and Monero
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I think the other coins will be just be no 2.
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Thanks for sharing your thoughts. Very interesting insight! Upvoted.
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I like the numbers. And its possible. Lets hold onto our investments. And of course, those who can do ICOs safely will be way much richer before the world wakes up to them
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