If you know exactly how much money will be invested into bitcoin (net of sales) by existing and new users, you can work out the future price. The answers is in this equation: money/650’000.
The latter figure (650’000) corresponds to the newly mined supply over the next 12 months.
As far as the figure for “money” is concerned, you can take last year’s new money, or October’s new money times 12, or you can you compound compounding based on any previous period, - of one month, three months, one year.
Whatever of the above methodologies you use, you will like the result. This methodology only works if you assume that existing bitcoin holders are indifferent to price changes, and are neither buyers or sellers, or that buying and selling by existing holders cancels itself out.
Hi sweetheart, Well, first of all I wish your baby full of propos and fruitful life with with and his daddy and hope you will see his first steps walking and sayig Mama and baba... lovely kid
bitcoin is the same as your kid, still so young, it will fail some times in the first steps but it will at end stands up and go on his lifr, we, do believe in crypto currenises but id it true that bitcoin will be always the king, ahh, for many persons it might be, but look around you, each day there is on ICO or one new fork for another bitcoin copy...
the difficulty means it will be harder to mine and more rare, ut is it going to reach USD 10000 /
no i do not think so, why
look to oil, 110 then boom to 29 then now 50, look to fiat pairs, all now under estimated..... this is our human style and nature ... we push up the things then suddenly................boom to the ground
i hope that you will enjoy your kid first stpes and first words and Pranks... too
bye bye and see you in next post
samer
red-rose
I did not understand it very well, but the most important thing is that the one who owns bitcoin, will not want to sell it, the mining every day is more complicated, and that makes the bicoin rise in price. the most precious coin that everyone wants. With such a large capital market, it is very difficult to lower the price.
Greetings friend, what we want is to see the Bitcoin continue to rise. The baby every day smarter and bigger. Blessings
Hi baby ^^ What you think on bitcoin?
