Predictions experts say Bitcoin will be translucent 10,000 $ even some call 100,000 $ per btc!
According to my assumption it would be difficult to reach hrg that high, because eventually the world community will realize that:
Cryptocurrency is not just one course that is BTC with total supply 21Juta BTC
It turns out there are so many Cryptocurrency and still create new crypto2 with a very large supply, even hundreds of millions for each cryptocurrency.
The current bumping price is due to a whale player who speculates to play a price with extraordinary funds.
The problem of pending transaction is no perfect solution.
Eventually the price falls and will find the fair price at equilibrium point of supply and demand just like real currency or commodity products.
Here the enduring cryptocurrency is the most accepted and used globally. Is BTC the smallest supply or ETH or is Ripple likely to be used by the banking world?
Little analysis or can also be said my assumption.
Monggo if anyone wants to comment or have other analysis.
The discussion is quite interesting gan, considering Bitcoin this year has increased significantly from a few years earlier.
One of the reasons why Bitcoin exists, is that in the future, humans need an economic security system that is very secure, secure, self-regulating, and even valuable. The first time Bitcoin is present, it can be said to be quite revolutionary, and even not far after that, appears (sub) cryptocurrency similar (but different "caste") with Bitcoin (eg Litecoin, Dogecoin, Ethereum, Ripple, etc.).
Does Bitcoin (and perhaps other cryptocurrency currencies) control the world economy? Between yes it is not.
IYA because this currency is almost not based on anything (in terms of data storage, regional boundaries / usage, etc.).
NOT because this currency is very difficult to accept thoroughly. Do not forget also with the original currency that applies in every country, it is not possible if Bitcoin will empowering thoroughly the world economy.
Furthermore, we are talking about the future development of Bitcoin.
Bright? Yes. Because, Bitcoin is the solution to some of the current deficiencies in physical and non-physical currencies.
Will it break the $ 100,000 (or maybe half of the previous estimate) per 1 Bitcoin rate? Can be said quite dubious. Given the amount of other cryptocurrency currencies that are almost nga much different degrees with Bitcoin, despite the many differences in fluctuations / increases or decreases in each currency cryptocurrency. If Bitcoin continues to spread / made with a large scale, it is not impossible if the price will go down significantly.
