(͡:B ͜ʖ ͡:B) Bitcoin market cap hits $100 billion (͡:B ͜ʖ ͡:B)
Bitcoin market cap just hit 100 of these:
In early 2013 when bitcoin hit $10, I made what was called an "insane" prediction that it would eventually hit $10,000. When bitcoin hit $1000 at the end of 2013, I revised my prediction to $100,000.
I once again revise my prediction to $1,000,000 for one bitcoin. At this level, bitcoin would have a market cap of $16 trillion. Due to the network effect and its decentralized, viral, exponential nature, it should hit $1,000,000 by 2022. The chart shown below is a log plot of the price of bitcoin since 2012. Bitcoin had a 5000-fold gain its first 3 years, then another 1000-fold gain its next 5 years. It only needs a 166-fold gain from $6000 to reach $1,000,000.
I made this slide for the annual wealth convention in Geneva, Switzerland. I am honored to be giving a keynote on blockchain on November 16: https://tsfc.ch/event/geneva-wealth-tech-forum-2017/. In attendance will be CEOs of fintech companies and banks such as Saxo, Vontobel, and IG. I am very pleased that major institutions are finally embracing this technology.
Image credits: http://www.experienceproject.com/stories/Am-Drawn-To-The-New-Dollar-Designs/1211990
About Dr. Chris Kacher
- Appearances on major television, radio, and print programs https://www.virtueofselfishinvesting.com/news
- Bestselling author of "How We Made 18,000% in the Stock Market"
- Co-founder of Creative Group Trading Inc., a pro bono cryptocurrency platform with proceeds going to various cutting edge technologies aimed at space exploration, environmental protection & remediation, and AI/VR enhanced education
- Co-founder of http://www.virtueofselfishinvesting.com
- Helped to discover element 110 on the Periodic Table of Elements as well as confirm the discovery of element 106 which his team named Seaborgium after his UC Berkeley Ph.D. thesis advisor Professor Glenn Seaborg
- His music has charted on the iTunes music charts twice
- http://en.wikipedia.org/wiki/Chris_Kacher
This post was resteemed by @steemitrobot!
Good Luck!
The @steemitrobot users are a small but growing community.
Check out the other resteemed posts in steemitrobot's feed.
Some of them are truly great. Please upvote this comment for helping me grow.
@originalworks
The @OriginalWorks bot has determined this post by @selfishinvesting to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
This is very informative. Happy to see bitcoins/crypto currencies value increasing. What bitcoins should gain is not the price,but it should be able to interact with humans.As of now I can see its interacting only with machines.
@cryptohustlin has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
Congratulations @selfishinvesting! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @selfishinvesting! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor 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