Why I think bitcoin will go to $ 100,000 horizon 2018,2020!
The marketcap of BITCOIN today is $160 billion dollars , which is far less than the $6,000 billion dollars gold marketcap.
APPLE's marketcap is over $800 billion dollars .
Global GDP is estimated at $76,000 billion dollars .
To arrive at $100,000 , it is therefore a coefficient x10 , that is to say a marketcap around 1.600 billion dollars for BITCOIN !
People are less and less interested in the stock market, the preferred investment of the French today becomes real estate investment for rental use AIRBNB less and less profitable in the face of soaring market prices.
2018 will be the year of crypto currencies, especially BITCOIN .
The whole world is waking up today with a bitcoin at around $9,600 and the hysteria will be able to start.
BITCOIN is not yet in my opinion entered a bullar phase for the reasons I just explained above, namely the amount of its marketcap of only, if I may say, $160 billion dollars.
With the crises the world is going through, with more and more bank charges, the growing lack of confidence in the banks and the financial system, people are going to turn massively into BITCOIN's investment to protect their woolen stockings.
For information the French collection of the CAISSE D'EPARGNE is 1.500 billion euros , so imagine the world savings which could for a part to refer in BITCOIN .
Tomorrow the children will no longer play marbles or pokemons in the playground but will exchange crypto-currencies associated with " cryptogam " and become " cryptogamers ".
All it takes is a catalyst like AMAZON, PAYPAL, or FACEBOOK that would add BITCOIN to their business models for global adoption.
BITCOIN at $100,000 , a utopia for the pessimistic people!
I share this design and think about it!
For December 11, the CME GROUP, the largest futures market in the world, announced the launch of futures contracts on digital currency. JP MORGAN has already announced that it wants to sell BITCOIN futures to its clients.
There are already financial products backed by BITCOIN like the GBTC .
source:
https://grayscale.co/bitcoin-investment-trust/
Banks will surely compete in seduction to sell us derivatives based on BITCOIN or crypto currencies and make the " securitization of BITCOIN " (1% bitcoin and 99% shitcoins) called for example the " bitcoin plus tracker " .
Finally, the next BITCOIN halving, which will take place on June 12, 2020 , the mined block reward reduction, will reduce from 12.5 to 6.25 BTC, which will have the effect, in principle, of doubling the price of BITCOIN to this date, as it could have been during the last halving of June 2016.
The bubble will come but not before 2019 or 2020!
Article written by a cryptoManiac!
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