BITCOIN in 2018
The rate of the first crypto currency can reach $ 100,000 as early as 2018, predicts the macro strategist from Saxo Bank Kay Van-Petersen.
In his opinion, the market has not yet fully felt the effect of the launch of bitcoin futures. According to Van-Petersen, bitcoin can be traded at $ 50,000- $ 100,000 already in 2018, although earlier he predicted that bitcoin would reach $ 100,000 only within the next 10 years. According to the analyst Saxo Bank, over time, interest in the new derivative will show more financial organizations, but this will not happen immediately. He also added that the growth rate of Ethereum could outstrip bitcoin.
Bitcoin was derived from the idea of transparency and it indeed making people's life convenient. However, Ethereum is advance in terms of technology along with ideology of bitcoins. I have no doubt that Ethereum will soon overstep bitcoins.