to have bitcoin price predictions for 2020 or a 10 to 20-year outlook. The co-founder of the cryptocurrency exchange Gemini, stated that bitcoin could be worth 40 times its current value. Mr Draper said in 2014 that Bitcoin could reach 10,000 in just three years, something that happened in 2017, exactly on the date he predicted. Bitcoin could definitely see 50,000 in 2018. Bitcoins are units of the digital currency itself, while Bitcoin is the entire network and system. I predict next year it could hit the 50,000 to 100,000 mark. And its his opinion that the next major target for the bitcoin price to hit is 100,000, echoing Max Keisers aforementioned prediction.
Finally, Caution against risking your life savings Crypto investments are new and super-risky. There is no charge to receive bitcoins. But if that insane price materializes, McAfee will end up looking like even more of a madman genius than he already. The last month of 2018 has started and BTC is still on its downtrend. The DLT (Distributed ledger Technology) is the main deal that is more likely to transform our lives. These past issues could potentially fuel additional demand for an alternative currency system like Bitcoin, Ethereum, or Litecoin. As trust in global banks and financial institutions has dwindled, the move toward a cashless global economy system could pick up steam. Fri, 2,61,331, thu, 2,59,837, wed, 2,60,324, bitcoin price in India for last 10 days given in Indian rupees. This is a special number, because if bitcoin reaches this price level, its market capitalization will be equal to golds market valuation. McAfee was projecting 500,000 BTC in 2020 just a few weeks ago, but he modified his claim to be even more bold as bitcoin s market surge has been moving faster than he anticipated.