Can bitcoin hit 1 million dollars? Bitcoin price Prediction
In theory yes. Lets look at this reasonably.
There will be a maximum of 21 million bitcoins
assuming that all are mined by 2140.
80 percent of all bitcoins that will ever be in existence are already mined.
Around 18 million coins now.
The price is mostly determined by supply and demand.
Right now the supply and demand is pretty much even.
next halving is in 2020 where the supply will halve again.
If demand shoots up by that time then the price will increase dramatically again.
Lets assume it would go 10 fold to 60,000 like we know from many previous spikes.
so 2020 it might reach 60k
so 2021 it might reach 500k
so 2022 it might reach 5 million
now we come to perceived market cap value.
we know that bitcoin now is mostly traded and not used for commerce.
Once companies start to stash it for asset and trading purposes and ecommerce
then there will be real demand.
$1 million dollar per BTC is $18 trillion in value right now
$18-21 trillion is only doable if it becomes the defacto standard for any kind of monetary transaction.
But since there are so many other coins which fix the problem of fiat money and work perfectly well
i think this number $21 trillion will be divided amongst several coins.
so lets assume 10 coins take all a certain slice of the pie.
I assume $100,000 to $200,000 for Bitcoin is reasonable anywhere in the next 5-10 years.
Kin Cryptocurrency Projects & Exchanges
here i will list every project related to KIN Cryptocurrency. Public & in Development:
Websites: Kinexplorer.com – blockchain explorer to see whats currently happening on KIN blockchain
Apps: KINIT – Survey based app on Android & IOS to earn KIN Perfect365 – beauty app allowing you to spend and earn KIN
fatbtc.com – chinese exchange Mercatox – Buy KIN Ethereum token Bancor – exchange cryptocurrencies for KIN HitBTC – trade cryptocurrencies coss.io
KIN Projects In Development:
Beseech – location-based forum for suggestions, referrals, information, micro-tasks, and classified ads
Find – a diverse community of open-minded travelers looking to discover new friends
KinQuest – social platform by Spaced that will help travelers meet and socialize with other travelers in their local area
GoChallengeMe.club – social platform that will incentivize people to achieve their goals through competition and accountability
Kinetik – incentive-based mechanism to help users achieve their goals
Pause For – app that will reward students for staying off their phones while they focus on studying
Remood – first virtual reality (VR) mind machine app that uses scientific brainwave research and color and tone psychology to help users relax
Step & Spend – new app that will use Kin to incentivize users to improve their health
Steps – healthy active lifestyle by rewarding users for meeting their daily walking goals
Visit – brings together physicians, healthcare providers and technology, redefining health and wellness in today’s digital age
WiCrypt – enables users to get rewarded for sharing their mobile data
Reveald – mobile dating app that reveals a user’s personality traits while simultaneously revealing photos to throttle the rapid judgement that most modern dating apps promote
Matchmaker – Matchmaker is a new crowdsourced, gamified matchmaking app
Klicktion – gamified platform where anyone can earn and spend Kin by reading and writing interactive fiction stories
Blastchat – a social messaging app that allows users to blast direct messages to their most important friends, customers, and fans
end me email if you know more:
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Cryptocurrency trading bank SwissQuote opening Zürich Switzerland in october
The bank SwissQuote
will fully enable Bitcoin Buying and Selling in Switzerland this
year supporting all kinds of business affiliation and transactions based on Bitcoin
SwissQuote also works with Bitcoin Cash, Ether, Litecoin und Ripple
Marc Bürki, CEO Swissquote ”
Trading Bitcoin through our platform and our Bitcoin certificate is a great success and has exceeded our expectations. Therefore, we are expanding our offerings and helping investors to diversify their investments in cryptocurrencies as they know them from securities.
Virtual currencies have become very popular in a short time, much faster than generally expected. By trading on our platform, we make investing in cryptocurrency easier, safer, and accessible to everyone.”
the first american car dealership in the world to accept Bitcoin as a form of payment is
post oak motor cars
“Hospitality mogul, Tilman Fertitta, is proud to announce his luxury automobile retailer Post Oak Motor Cars is the first Rolls-Royce, Bentley and Bugatti dealership in America to accept bitcoin and bitcoin cash for payments.”
it says in their official blog.
they use bitpay as their payment processor
““We’ve noticed people prefer to make larger purchases with bitcoin since it is a simple way to make payments,” said Sonny Singh, Chief Commercial Officer of BitPay
this is a join mutual press release and i think its a bit of a publicity stunt for both companies…
but its fine 🙂 anything that helps the crypto community at large 🙂
KIN cryptocurrency is in its infancy stages.
The large difference between KIN and other cryptocurrencies
is that its mostly consumer centric.
Its simplicity to use for the consumer is incomparable to other cryptocurrencies.
I run https://www.hepays.com
a dating website which accepts Bitcoin and so many people have problems
with Bitcoin because it just seems to complicated and is too slow
You will soon be able to implement KIN anywhere within a few minutes.
Should you have any questions about it i will be glad to answer them