Friday, 2 June 2017

Bitcoins in the future

Bitcoin began its history in 2009. The first purchase made by bitcoins was a pizza, for which 10,000 units were paid. By the end of 2015 it was known that there were 12,500 bitcoins in circulation, but this number has increased from that date to today. The protocol under which the currency was created is open to all types of users and was programmed to create only 21 million units. It cannot be faked, and there will only be that specific number of bitcoins.

An analyst who by the end of 2016 correctly predicted that bitcoin prices would exceed $ 2,000 this year has now predicted that the price of this digital currency could reach more than $ 100,000 in 10 years.

As CCN reported in early December 2016, in a report by Saxo Bank, a Danish investment and trading institution, made a series of forecasts on monetary reserves and banks around the world. In that report, analyst Kay Van-Petersen also called bitcoin to drill or reach more than $ 2,000 under a possible Trump administration. On May 21, the bitcoin price reached $ 2,000 and then hit a record high of over $ 2,750.

Now Van-Petersen, who describes himself as a skeptic of the central banks and a "rookie Bitcoin", sees more bullish gains for bitcoin over the next decade. While the analyst's prediction is undoubtedly bullish, it represents a 4500% increase in current bitcoin prices. A week ago, Casares, an early technology entrepreneur who is now the chief executive of bitcoin wallet Xapo, has forecast that Bitcoin will reach a Million dollars over the next 5 to 10 years.

In summary, for investors who want to protect their savings and for families who want to invest their funds and monetary resources is a great opportunity, the important thing to take into account is to start the adventure of understanding Blockchain, in order to make the best decision, you should never do something you do not want. The conditions are given, this is the golden opportunity that people have been waiting for so long and they are building a future.

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