Value of bitcoin in 2020
Wences Casares is an Argentinian technology entrepreneur living in the US. The tech giant bought his first Bitcoins in His math works like this: First, he assumes that Bitcoin can logically replace all of the gold bullion currently held by private investors—in other words, the gold bars that people keep in a safe-deposit box or bury in their backyard, simply as a way to park their money in something more dependable than paper. Pfeffer has even higher hopes for Bitcoin — that it could eventually be to central banks what traditional foreign reserve currencies are today.
John McAfee is the founder of McAfee Associates which launched first commercial antivirus software in the late s. McAfee recently made waves in the cryptocurrency world after claiming that each unit of Bitcoin would be worth half a million dollars by He did not stop there. There is no way of knowing whether McAfee did this to get attention or if he actually means it.
Only time will tell. Jeremy Liew is a partner at Lightspeed Venture Partners, famed as the first investor in the social media app Snapchat. The estimate was made on May 4, It is gold equivalent…there are about 20 mln Bitcoin available today. When transactions are verified on a Blockchain, banks become obsolete.
Roger Ver is an early investor in Bitcoin and its related startups. By early , Ver had begun investing in Bitcoin, now with a portfolio including startups like Bitinstant, Ripple, Blockchain, Bitpay, and Kraken. Kay Van-Petersen is an analyst at Saxo Bank, a Danish investment bank which specializes in online trading and investment.
Lee and Fundstrat used an average of the percentage gained in price after each dip to arrive at the figure. Of course some Problems of bitcoin are tied to the huge demand and usage, however newer coins have learned from bitcoins mistakes You have completed some achievement on Steemit and have been rewarded with new badge s:. Award for the number of upvotes. Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here. If you no longer want to receive notifications, reply to this comment with the word STOP. May I get your expert opinion on the bitcoin and steem price that is happening today.
For me and my readers. Hope to see you in our conversation. Curious about your thoughts on the Price predictions feature of https: Yes, you are absolutely right. No one can stop Bitcoin. Also Ethereum has a bright future because of its technology. Lot of apps launched and coming on Ethereum network like Golem, Akasha, Kik, prism etc.
Many countries tried to stop the use of BTC but still its price has increased and increasing day by day because people wants to use and using BTC and no one can stop them. So, hold your coins for a long term period. No need to panic when the price fluctuates.