Post
Topic
Board Economics
Re: Bitcoin will have a price of $50000
by
BitcoinCommodor
on 17/04/2018, 13:56:18 UTC
What are the reasons?  If we think and reflect the bitcoin's past we could see the usual patterns that makes the price increased. So if there is anything reason that would make it pump maybe some occasions or a huge adoption of it that could increase the demand that affects the pruce positively.
The market value of any of the crypto coin is entirely dependent on the demand of that crypto coin in the international market as this is the deciding factor which plays a major role in deciding the market value of any of the coin. We can expect this much market value of bitcoin but that will take lot of time as still not enough people knows about bitcoin.