At the beginning of this week, a world famous investor and a bit coin trader, Tone Vays (Torn Bay) said that the short-term price fluctuation of bit coins, the prohibition of Chinese bit coin transactions, the future of bit coins Announced analysis results on the prediction.
According to Mr. Tornbay's announcement, "Bayes analysis" predicts that the price of bit coins will exceed 100,000 dollars by the end of 2018 and market capitalization will reach several trillion dollars by the end of 2018.
Financial analysts and researchers such as Max Keizer (Max Keizer), presenter of the RT Keizers Report,
If the bit coin innovates in the banking system in the future, its market capitalization will exceed 1 trillion dollars.
He said.
In the medium term, as the number of institutional investors and individual investors begin to start a bit coin trade, the number of users, development, transaction volume, market capitalization further increases, and in the long term the bit coin price is 10 It will reach 10 thousand dollars.
Goldman Sachs, can not ignore the virtual currency
Even corporations such as Goldman Sachs and Fidelity Investments, which have investment banks with huge assets, are positive about the price rise of bit coins.
Abigail Johnson, CEO of Fidelity Investments, said:
"We believe in the potential of the virtual currency and are one of the few companies offering a few major financial services that feel the possibility of virtual currency."
Mr. Johnson also revealed that he is piloting a bit coin project, including providing virtual currency mining and bit coin investment platform to customers.
Last month, Fidelity partnered with Coinbase, a leading virtual currency exchange giant, to allow Fidelity customers to access bit coin wallet directly from Fidelity's investment platform.
Goldman Sachs analysts also emphasized that virtual currency markets can not be ignored, not only for individual investors but also for institutional investors.
Sheba Jafari, chief engineer at Goldman Sachs,
We are analyzing the price trends of bit coins in the medium term, and by the end of 2017 bit coins have exceeded 4,800 dollars.
Coinbase, Gemini Offers Virtual Currency Trading Platform
Coinbase and Gemini, the largest exchanges in the U.S. market and bit coin service providers, have already begun to develop trading platforms for large institutional investors. Also, for individual investors, we have created a secure platform.
Gemini has signed a management partnership with CBOE (Chicago Board Options Exchange), the largest option exchange in the United States, and provides services to investors.
Gemini's CEO, Tyler Winklevoss (Tyler Winkleboss)
'Virtual currency transactions are always concerned with security, compliance, and regulations of the country to be more regulated.With cooperation with the CBOE team so that retailers and institutional investors can dispel them so that they can enter the virtual currency transaction I want to dispel it.'
In a few days, Coinbase CEO Brian Armstrong (Brian Armstrong) raised $ 100 million and invested virtual investment platforms to individual investors and institutional investors in the United States and abroad provide.
In this way, the number of individual investors and institutional investors who are interested in bit coins has increased, and bit coins are spreading globally, so it is over 100,000 dollars in the long term I wonder if it will come.
Contents and discussion so far
The prediction that bit coin will exceed 10 million yen in 2018 came out.
The prediction of 10 million yen in 2021 was out earlier, but it is surprising that it will be in the next year.
Recent remarks such as JP Morgan's president "Bitcoin is a fraud" and remarks such as economic adviser of the world's leading insurance company Allianz "Bitcoin's reasonable price is one-third the current" became a factor to lower the bit coin price It was.
Certainly, the current bit coin has been priced considering its future potential, which may be far from the actual value. Actually, I have never seen anyone buying a bit coin for some purchase.
In other words, the bit coin price will crash if it is determined that the bit coin does not have the promising future potential.
However, if the spread of bit coin progresses, will not it exceed 10 million yen as expected? Bit coin scalability problem and the problem of vested interests of existing financial system such as bit coin spread widely, but we are progressing step by step.
The expects virtual currencies to spread all over the world sooner or later.