Hello Dear Steemian,
Lot of new Investors are ready to invest in Crypto currency because of increasing demand and decreasing supply. People have now accepted that the next generation will be the crypto currency generation and we must accept it.
As the beginning of the year 20107 The crypto currency user are being increased lot and most of them are youth. Because the youth of today believe in digital era and the digital money and Bitcoin is fulfilling their needs as the secure and reasonable digital money.
Out Of total Supply of 21 million
already 1.72 Million are Mined and on hand of investors and only 0.40 Million are yet to be mined
Which will take long way to go.
People are now able to think the demand of Bitcoin in coming future and the price prediction of it !
CNBC reported that Wall Street's Tom Lee has slashed his year-end bitcoin price target by about 20 percent, from $25,000 to $20,000.That means he is still very much bullish on the rise of Bitcoin Pride despite so many negativity are being spread to violate the price.
Similarly, Jon Ostler, UK CEO at finder.com remains cautiously optimistic over the year ahead.
He said: “Although the European Parliament’s positive research on cryptocurrencies has given bitcoin’s value a boost, the end-of-year prediction for bitcoin remains half of what it was in January.
“At $15,372, our panellists aren’t expecting bitcoin to see the same rally it had at the end of last year.
Co-founder Of Microdoft Bill gates also very positive for Bitcoin:
In an interview in 2014 He stated that
"Bitcoin is Better than Money"
He also reported that "Bitcoin is exciting because it shows how cheap it can be," the self-made billionaire told Bloomberg in 2014. "Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient."
Here I can give more people who operate the worlds financial are Bullish about Bitcoin and other genuine crypto currency.They all are positive but some are cautiously positive because of volatility in the prices
BY THE WAY IF YOU ARE SERIOUS ABOUT YOUR FUTURE THEN IT IS ADVISABLE TO HOARD BITCOIN AND IT WILL MAKE YOU ONE OF THE RICHEST PERSON SOON.