How much will 1 Bitcoin be worth in 5 years?




My Reply: Given the fact that Bitcoin needs wide spread adoption, the minimum value of Bitcoin in five years time will be at $100, 000.00 in the least. These are my reasons:
1.       The last bull run nearly push the price of Bitcoin to $20, 000.00
2.      The fact that more people will learn more about Bitcoin most especially the millennial generation.
3.      The traditional institution by then would have invested in it pumping the price to the moon.
4.      Solutions to scalability problem.
5.      The lost in value and trust in state owned currency i.e. National Currency

These are what I could think of right now that will drive the price up. It could worth more than that.
Want to gift your love ones customized watch for this holiday? Visit our website to order yours.

Comments

Popular posts from this blog

Three Reasons why Bitcoin is Programmed to Pump

Four Events that will trigger the next Global Financial Crises

When the Game is Rigged, you don't have to Play by the Rules