Steady growth in transactions processed by the Bitcoin network, and why you should consider Emerita Capital

 

 In its 8 years of existence, Bitcoin has polarized analysts, investors, and scholars. Consensus on Bitcoin's merit has not been reached, and observers usually engage in two opposed extremes of opinions that either deplore it or aggrandize it. Although its utility as a means of exchange is controversial, from a purely quantitative point of view the evidence suggests continued growth in transaction volume through the Bitcoin network, continued growth in interest from new markets, and continued growth in entrepreneurial attention. We describe the current state of the Bitcoin economy, the  ETF approval , and the potential implications for investors. 

  The probability of a Bitcoin and ETF being approved  was misevaluated as a "very low chance" event by major investment and research firms. 

 As such, there is an attractive return/risk ratio for investors who took positions in the OTC market before March 2017.

With target price of $3,678 for Bitcoin