Why 1 bitcoin can it be worth 100,000 euros in 1 year?

in #bitcoin6 years ago

This is an article that deserves your attention and you will have to hang on.
Reading a sentence like this may seem aberrant to you, but be aware that it is totally possible.
To understand this, we have to go back in time to see what this currency has already accomplished.screen shot 2017-11-28 at 115958.png

The last bubble of this currency is the most famous and it is she who helped to make it popular with the general public.
It is obvious that the more the price of bitcoin increases, the more it will be difficult to see it multiply by X times its value.

However, a new (smaller) bubble appeared at the end of 2016 and the price of bitcoin rose by more than 45% in just two weeks.When Satoshi Nakamoto created this currency, he could not imagine that it could make parity with the dollar.

This moment was thus historic. Starting from scratch and reaching $ 1 with a virtual, decentralized, free and without third party intervention currency was a miracle but this miracle has indeed arrived.

Today, it is besides a new party which settles down, millibitcoin with the dollar 1mBTC = 1 $.

Today, in 2017, the bitcoin is worth $ 1100 dollars or 1000 € euros. It has reached a level that prevents it from disappearing and with a global capitalization of $ 17 billion, it is even less likely.

Bitcoin is intended to be the father of electronic currencies and will remain so. It is often compared to gold, which is the reference for precious metals, and I think it is a proudly deserved comparison from all over the world in order to be recognized in the eyes of the world.

Attention, "recognized" and "accepted" are two different things. Many recognize bitcoin as a reference electronic money but very few people have really adopted it.

This is partly because of all the pejorative criticisms that can be heard about it.
Bitcoin is the currency of terrorists, criminals, money launderers, etc. Its strong price variation, both upwards and downwards, is also one of the major obstacles to its acceptance.

Indeed, it has no boundaries which means that if the number of users of bitcoin increases internationally, its course would appreciate all the more and this is exactly what is happening.

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Sure will get there, the transaction fee will be $$1000

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