Bitcoin Trend / Is BITCOIN on way to $1 million !

Thank You For Your Support and For Honoring Me With Your Up Vote...

I read a lot of posts over the net and I heard some argument from Expert Predict:

" BITCOIN on its way to $1 million..!! " in the next 10 years.

What You Think ?

My Point Of View;

--> It's unlikely that Bitcoin's market cap will exceed $21 trillion.

--> For bitcoin to be worth $1m in 10 years would mean that it has to rise an average of more than $250 per day for next 10years. In the last month it has risen at an average of about $33 per day.

--> Nobody can really give you a meaningful answer to this question.
It could be nothing.
It could be a fortune.
My guess is that it'll be somewhere in between.
The real question, in my opinion, is should you invest in Bitcoin?

--> The price of bitcoin in 10 years is nearly impossible to predict but the future will be driver as I see it :

_ Halving every four years (the last one happened in July ‘16) will reduce supply coming through two more times within 10 years.

_ Bitcoin (BTC) represents the digital gold standard - a safe haven when economic challenges are around - eg with Brexit it rose 15%, when DT got in it rose by 4.5% - with general economic uncertainty its role as a safe haven will become increasingly important. This will continue.

_ BTC represents the reserve currency of the cryptocurrency space - to get into the new ICO's (Initial Coin Offferings - the IPO's for cryptocurrencies) you typically need BTC to buy in. New crytpocurrencies will rise exponentially - some will be absolute rubbish - some will be amazing. BTC will be used to buy them.

_ With China playing an ever increasing role in the world economy, 80% are mined there and c 75% traded there - these will drive increased usage and awareness. China currently has currency restrictions and monies are being shipped out of the country through bitcoin.

_ Cryptocurrencies will become mainstream including BTC - although BTC will be a very minor cryptocurrency from a retail perspective - there will be a major retail coins created and used.

Anyway as I am Bitcoin investor, I hope the magic happens!!!
But, I think we will see somewhere between $12,500 - $15,000 per bitcoin.

Every comment, every up vote, every bit of support is really appreciated.
Thanks For Reading,
@lordoftruth
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