Bitcoin predicts prices in ten years
ten years from now, the price of bitcoin is unknown On December 17, 2017, bitcoin reached an all-time high of $19850. On June 22, 2019, the price of bitcoin broke through the $10000 mark. Bitcoin prices fluctuated around 10200, rising nearly 7% in 24 hours
On June 26, the price of bitcoin broke through US $12000, a 17 month high since January last year. In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the yeartherefore, the future price trend of bitcoin is uncontrollable
4, low transaction costs:
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution
Ten years ago, when bitcoin was first born, it cost a few cents. Today, 10 years later, it costs 18800 dollars. If we buy a bitcoin of 1 million yuan now, then bitcoin will still exist in another ten years, and the 1 million yuan will either rise 100 times or return to zero. These are two extreme results
in other words, if bitcoin is accepted by the international mainstream society for quite a long time in the future, its speculation and rising logic, including value storage, will be affected. Therefore, either bitcoin's value will return to zero completely, or its stable price will continue to rise. Obviously, the rising multiple will not be as crazy as in the previous decade< br />