Personal forecast of bitcoin for 4 years

in #personal7 years ago

I learned about bitkoin recently - in 2015. I wanted to know more what it is. And only a year later decided to buy myself a bit of bitcoin.


Every day, this currency becomes more popular. And perhaps someday bitcoin will become a world currency replacing all existing money. Real money depreciates and gold and crypto-currencies will replace them. The total capitalization of the Crypto-currency will equal global GDP, and the basis for this will be bitcoin.


Bitcoin has an inexhaustible potential, and its quantity is limited. I would like to present my own bitcoine forecast for the coming years. I base my forecast on the following:


  1. Bitcoin - digital gold, which now is more expensive than the present;
  2. The number of bitcoins to be mined is about 5,000,000;
  3. In 2020, there will be another reduction in the number of bitcoins miners mined;
  4. More countries will come to adopt crypto-currency.


In 2017, bitcoin has grown 4 times already. I suppose that by the end of the year the price of crypto currency can reach 7000 dollars.


Many may be frightened by such growth, but 2018 will end with the cost of bitcoin being 20,000-25,000 dollars. That is, every month the currency will increase by 1000-2000 dollars.


The graph shows that in 2019 the next increase in price will occur 4 times.

![bitcoin-gr.jpg]()


The next years the price will fluctuate within the same limits - increasing 4-5 times from the one that was at the end of the previous year.

So the price of 100,000 dollars or a million we all will see very soon. This day may come much earlier than known financial analysts say about it.

All this is only my own assumption, since 5,000,000 bitcoins can be obtained in 2-3 years. The remainder of the bitcoins will be so small that nothing will be decided. Reduction of produced bitcoins in half in 2020 and 2024 will only contribute to a sharp increase in bitcoin growth.


There is nothing surprising in growth, because no one is surprised by a 10-fold increase in the etherium. Therefore, the growth of bitcoin is quite predictable, and settlements between countries in crypto-currencies and acceptance of payments from ordinary people will push growth towards a constant increase. In 10-20 years, no one will be surprised if the cost of bitcoin is 100 million or even a billion.

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Many thanks Steemit

Nice article !!!

Thank you !

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