Bitcoin - worth 100.000 USD in 10 years
What is Bitcoin?
A form of electronic money that is decentralized on the basis of a computer network. It combines features of cash with those of international electronic transfers. From the computers of all participants, which run a free "Open Source" software, the network is formed. Settlements are detected using cryptographic keys, so that money is spent only once. That is, transactions of money units are recorded in a public database and are provided with digital signatures.
Bitcoin: 2027 already worth 100,000 US dollars?
Bitcoin has recently increased strongly. But this is only the beginning. An analyst expects Bitcoin to be worth 100,000 USD in ten years.
Saxo bank analyst Kay Van-Petersen had already predicted the recent Bitcoin all-time high of $ 2,000. However, this forecast is likely to be far more likely than the analyst's current prediction: Van-Petersen expects Bitcoin to be worth at least $ 100,000 in ten years, as CNBC reports.
In his calculation, the analyst assumes that cryptic treatments such as bitcoin, ether or Litecoin will account for 10% of the daily volume of foreign currencies in ten years. That would be about 500 billion US dollars. According to Van-Petersen, the share of Bitcoin in the crypt ferry is 35 percent.
Bitcoin: 175 billion US dollar trading volume
The daily traded volume would then have a value of 175 billion US dollars, the market capitalization amounted to the calculations after 1.75 trillion US dollar. Currently, the latter is currently about 37.8 billion US dollars according to the industry web site Coindesk. Then about 17 million Bitcoins will be on the market. A bitcoin would be worth at least $ 100,000 in 2027.
Van-Petersen also assumes that the market for cryptos will be reduced to two or three important players, one of which is Bitcoin.