Why investing in Bitcoin is still a very good idea?
Let examine this phenomenon more closely
If you keep your Bitcoin percent of the market in 2021 will be worth 10,000 US dollars
CEO believes that if the entire market capitalization crypto currency will increase tenfold over the next four years, the Bitcoin price should rise above the level of 10 thousand US dollars
According to Voorhees the crypto currency global market, which is currently worth over 30 billion US dollars, should reach a value of 300 billion US dollars by the year 2021.
In response to the question, which cryptocurrency is most commonly used for something other than speculation, of course Voorhees Bitcoin exchanges. He argues that it is the only cryptocurrency, which "was used to transfer hundreds of millions of dollars around the world, serving as an alternative to expensive, slow and censored banking network."
Voorhees sees the future optimistically
According CoinMarketCap, the market capitalization of all cryptocurrency at 24.05 was about 41 billion dollars. Domination Bitcoin is second to none in this group, because it accounts for over 66% of this value. Given current estimates, by the end of 2021 the market should operate Bitcoin 19,031,250 pieces. If you maintain a level of market dominance, 66% of the projected 300 billion US dollars global crypto currency ecosystem gives us the Bitcoin market worth 198 billion US dollars. In such a situation, one coin would be worth 10.403 US dollars.
During the World Economic Forum estimated that the "critical point", during which 10 percent of global GDP will be invested on platforms Blockchain, should take place about 2,027 years. When the current value of the global market capitalization of 20 billion US dollars, the WEF estimates that funds deposited in Blockchain represent 0.025% of global GDP.
spybit