Bitcoin to reach $1,000,000 by 2023 experts predict. Bitcoin which is the grandmaster of all cryptocurrency is gradually turning bluish this year 2019.
Bitcoin recently touched $4000 for the first time in over a month of trading below that. Bitcoin is gaining another grand and acceptability by many billionaires and general public. Even Tim Draper, a famous billionaire and bitcoin enthusiastic recently stated that in two years, bitcoin would be everywhere and fiat currencies would be obsolete.
He further said by 2021, people will buy their coffee with bitcoin instead of paper currency. Giant Elon Musk the founder of Tesla and SpaceX also got bitcoin a big name when comment that bitcoin is very brilliant and would soon be used in place of paper currency. Even NASDAQ, the second largest stock exchange in the world has restated commitment in launching bitcoin future in the first half of 2019. Its going to start on a good note as the digital assets platforms, Baskkt will be introduced in the later part of the year, Baskkt has already accumulated $182.5 million with support by up to 12 partners including; pantera capital, Boston consulting group, Galaxy Digital and others. Digital Galaxy Boss and Winklevos Brothers recently stated in the Ask Me Anything AMA that bitcoin will likely be the winner in the long run.
Also Bitfury and South Korean R and D firm have announced launching of bitcoin mining in Paraguay.
Bitcoin Price Prediction for 2019 and Next Five Years.
Bitcoin being the grandmaster has a volatile nature and for that, we should keep eye on what experts who have being the heart and mind of cryptocurrency.
#1. John McAffe bitcoin price prediction: John McAffee the founder of McAffe software and bitcoin enthusiasts predicted that bitcoin would hit $1,000,000 by 2020 following hus prediction last year of $7,000 which greatly surpassed.
#2. Ronnie Moas bitcoin prediction; Ronnie Moas a bitcoin analyst predicted that BTC would be sold at $28,000 this year. He strongly believe that the demand for bitcoin will As the supply decrease. He somewhat said that bitcoin adaptation rate would greatly increase the demand and the supply which is limited, would cause bitcoin to be sold at $28,000.
#3. Fran Strajnar bitcoin price prediction: Fran Strajnar bitcoin enthusiasts came up with a very fantastic prediction that bitcoin will increase to $200,000 by January 2020. He believe that the rate of adoption is directly proportional to the price increase.
#4. Bobby Lee bitcoin price prediction: Bobby Lee, CEO of China’s first exchange BTCC said, before that, it would take 2billion years for BTC to reach $1,000,000. He totally changed his prediction. Now Booby Lee cofounder of BTCC(HONG KONG BASED BITCOIN EXCHANGE) and brother to Charlie Lee the creator of litcoin, predicted that bitcoin would first experience bear market for some time long in 2019, but would skyrocket to the moon from late 2020 and could possibly reach $333,000 in 2021 and then fall down to $41,000 in 2023. He further state that the market capital might $7 trillion, that might surpass the market cap of gold.
#5. Zhao Dong bitcoin price prediction: Zhao Dong one of the biggest bitcoin OTC trader in China, recently predicted that bitcoin might reach $50, 000 by 2021. He advised that, now is the best time to invest in bitcoin as investors will likely make 100-200 %+ profit in the next five years.
Leave a comment below, bitcoin is really a cool smart way to make money.