So far, many Bitcoin analysts have been trying to present their realistic forecast for Bitcoin over the next few years.
Rony Monas is Bitcoin analyst and presents his forecast for Bitcoin. The analyst sees $ 15,000 to $ 20,000 by the end of 2020.
After activating the SegWit protocol and early testing of the Lighting Network. Fortune's market capitalization is close to $ 80 billion. At present, Bitcoin market capitalization is about 50% of the entire Crypto market.
Daily Bitcoin daily transactions are on the rise. According to CoinMarketCap, Dayton's daily volume of trade is about 400,000 BTC per day. Around 1700 Bitcoin Coins are created daily. In 2020. the number of Bitcoin Coins that will be created each day will decrease to approximately 800 coins. In 2024. there will be only 432 new Bitcoin coins produced each day. In 2034. almost 99% of all coins that have ever existed will be mined. People will then spend the next 100 years trying to get the other 1.6%
At some point, people will probably realize that almost all the Bitcoin Coins that have ever existed have already been harvested. When this happens, there will probably be a serious "fear of lack" and prices will have to rise.
image source - Instagram
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your picture got my attention ;) Nice read, thanks for your post !!
I am @minnowhelp and try to curate manually undervalued posts for each category I post a top list. For the category bitcoin I choosed your post for upvote and resteem ! Congrats :)
Thank you @minnowhelp
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Will see, only thing we know is that for sure, it will grow to a price that we can only imagine now as we imagined this price this year...
I remember the time when i have 40 bitcoins and sell it for 100$ haha
my friend's father sold them 100 for 10$ it was 10:1 ratio and the next week 1:10 BTC/USD and he got crazy by the way heard some interesting things about it in future, he was in some software bussiness and got them like free for promotion/gift at the beginning of everything (the price was from 0.001$-0.1$) and now you will laugh, he tought that was ''bubble'' price and from now then he only hears bubble 20$...200$...2000$... but the facts are that price will scale! @crypto-rev did you get 100$ for each or all of them?
And i can tell you that it will hit 15-20 000$ next year we don't need to wait more that a year for that, who knows. maybe it will hit 50 000$ next year woudn't suprisse me at all. i am all in bitcoin until the last is mined!
For any case i will hold 2-3 :D
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Interesting point.... I'm thinking that unless their currency creation plan changes in the next five years or so that fact might mean the death of the crypto-giant, maybe something the creators designed it for was to plant the seed, the idea(which grew and expanded more than anyone could have predicted), and let the inventive ingenuity of the online world create a more perfect successor
Interesting point indeed.
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