That will be a huge #milestone for BTC, and itll lead to more price stability, higher global liquidity, and even faster adoption worldwide. Today, I need to provide a warning about the risks of the price appreciating too quickly. Of course, Bitcoins value can only go up from there, which is where he came up with the 700,000 figure. It nature is decentralized thats why no one can track your transactions. While Gates declined to attach a dollar value or timeline to his prediction, the implication is that sooner or later the Bitcoin market will implode. Singh has been a cryptocurrency portfolio manager for the past six years.
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For what its worth, McAfee also predicts that number 2 cryptocurrency Ethereum will experience a similar explosion in value, reaching 500,000 in the same time frame. Will bitcoin reach 1000,000 or 25,000 or 28,000 this year (2018). 4051.77, recent changes for the last periods: Period 2 Days 3 Days 1 Week 2 Weeks 1 Month, chng,.184.108.40.206.0, ex-Rate, bitcoin Converter, bitcoin Price Prediction For Tomorrow, Week And Month. Bitcoin price prediction on Monday, April, 15: minimum price 3726, maximum 4286 and at the end of the day price 4006 dollars a coin. After cresting a high of more than 19,000 in December 2017, Bitcoins price tumbled down to around 4000 as of today. John Pfeffer 700,000 Bitcoin is the first viable candidate to replace gold the world has ever seen.