Bitcoins full potential- still a good investment?

in #bitcoin • 7 years ago

Bitcoin is the first digital currency that is conquering the world. In 2013, the price of Bitcoin grew from less than $ 50 to more than $ 1,100 - a gain of as much as 2000%.

Bitcoin in 2014 fell to $ 200 but since then the crypto currency has matured. The term "what does not kill you, makes you stronger" is an increasingly important part for Bitcoin.

The potential for Bitcoin is huge when you consider that:

  • The number of Bitcoins is limited. An increasing in demand can only go along with a rising rate.
  • Bitcoin now perform more operations than PayPal.
  • PayPal is worth $ 50 billion Bitcoin and only $ 17 billion.
  • The gold market is 10 times larger than the Bitcoin market.
  • When Bitcoin market would be a competitor of the gold market, the price should rise to at least $ 500,000.

Donate:
BTC: 17ud2248M1XteazsquHBns3juMDMQzHbo7
ETH: 0x1409396B1bb6ECD1854f77cCac9323713ab49dB6

Bitcoin

#beyondbitcoin #blockchain #investment
7 years ago in #bitcoin by
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