As per the stock research analyst,value of a Bitcoin will hit $300,000 – $400,000 very soon.Currently the value of a bitcoin is near to touch $20,000.And it’s expected to grow up by 2000% of it’s current value.
Ronnie Moas,An independent stock research analyst claimed bitcoin will the value $20,000 per token in 2018.Not only this,He told CNBC “The end-game on bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world,”.
Currently Bitcoin is being compared with Gold.But if you compare it with gold,i think Bitcoin is more precious.In 2017 we’ve seen tremendous growth in the bitcoin network.Till 2017 many people had no idea about idea,but now Bitcoin is a trending topic in the world.
Interesting thing is that still there’re many unknown facts about Bitcoin.Satoshi Nakamoto,the founder of bitcoin is still unknown.It’s to be believed that satoshi nakamoto is among the top 50 billionaires in the world by owning around 1 millions bitcoin.
Ronnie Moas has further compared Bitcoin to Amazon stocks that people bought 15 years ago and held them. “That’s exactly the way I think people should be playing bitcoin,” Moas added.
As per Ronnie Moas,there are only 21 million bitcoins in the world.17 Millions are already in circulation.And the remaining will be circulated in near future.As it’s limited in numbers,rising demand will push it’s price forward.He also predicts that by 2020 more than 300 millions people will buy bitcoins.
What do you think about bitcoin and the future of cryptocurrencies.Let us know in the comments below.