1 BTC = as high as $196,165

According to Michael Brown, a research analyst with LendEdu, bitcoin’s price could go as high as $196,165 per coin. He came to that conclusion after conducting a survey. But there are several caveats to that figure. For starters, the survey was limited to just 564 people. It is also predicated on massive adoption numbers of the digital currency by Millennials to the point where it replaces national currencies in certain countries

How long that will it take? Perhaps, a generation. “Jumping from the current price of $7,837.06 to something even remotely close to $196,165 would have to involve a generational transfer of economic power, meaning young consumers would need time to build their wealth and establish their presence in the U.S. economy to bring Bitcoin into the mainstream, much more so than it already is.”

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