HomeЛюди и блогиRelated VideosMore From: ChampagneCrypto

3 Reasons Why Bitcoin Will Reach $500,000

175 ratings | 24056 views
3 Reasons Why Bitcoin will reach $500,000 by 2030 In a recent article on BusinessInsider.com Jeremy Lieu the first investor in Snapchat predicts Bitcoin will reach $500,000 by 2030. Here are three reasons why: 3. International Electronic Money Transfers Data from the World bank shows Remittance transfers, or electronic money transfers to foreign countries, have almost doubled over the past 15 years and while we can't always depend on the past to determine future behavior we certainly have no evidence suggesting the market will behave otherwise. 2. Global Uncertainty Jeremy believes geo political uncertainty will increase the value of Bitcoin. "We believe Bitcoin awareness, high liquidity, ease of transport and continued market outperformance as geopolitical risks mount, will make Bitcoin a strong contender for investment at a consumer and investor level," he's says. 1. Mobile Penetration The article explains there's only a 63% global smartphone penetration and that the total number of smartphone users is expected to soar by 1 billion by 2020. Bitcoin's user network grew from 120,000 users in 2013 to 6.5 million users in 2017. More users could account to more transactions. By 2030 Bitcoin supply will be about 20 million, only increasing the demand. Mr. Lieu believes this is all reasonoble and Bitcoin will reach $500,000 by 2030. Let's hope he's correct. Link to article http://www.businessinsider.com/bitcoin-price-could-be-500000-by-2030-first-snapchat-investor-says-2017-3
Html code for embedding videos on your blog
Text Comments (31)
Orhan Celiloglu (8 months ago)
Manias, Panics and Crashes - Please read this book. Its describing economic events with incrases and crashes. BTC will be the same. The crash phase is close. Read academic people articles. not only youtubers. You will understand why btc cant be 1M. They are describing with facts and numbers. BTC is a digital money. not something like block chain or ioata. the only purpose of this is using as money. You cant use a money with this volatility. You cant send money from somewhere to another if its changing this much within seconds. Its opposite to all purpose of creation. Now people are in panic phase and increasing the price with "foma". This will pass and btc will crash eventually..
matthe ai (1 year ago)
is this still valid
future big think is not bitcoin 2018 ripple up iota up ada up Erthereum up neo up tron up lisk up
Comic Vision (1 year ago)
Bitcoin will not even reach $1million, coz it won't be used for transactions...as simple as that...
Great Britain (1 year ago)
2022 more like it
Joe Lego (1 year ago)
Try 2020
Logan Becker (1 year ago)
Bitcoin going to $50,000?? Turn your dollars into Bitcoin and get $10 of Bitcoin for free! Here’s a guide I wrote and how to avoid fees: https://medium.com/@lrbecke2/the-beginners-guide-to-buying-bitcoin-cryptocurrency-16cce85e76ee Thank you all for your positive feedback and support! I hope you find it helpful.
paul the deceiver (1 year ago)
I like number 1
C R (1 year ago)
Voxels (VOX) Such a cool project check it out! Research this one fast! https://bittrex.com/Market/Index?MarketName=BTC-VOX
#Bitcoin future (1 year ago)
sounds good, lets wait and see..
Alex Martinez (1 year ago)
Every year, millions of plants are slaughtered by Vegans. Help end the violence. Donate your bitcoins now, any amount helps. 1JsaYG26BQfYfYkxhzpCyxocvUZzSgKuKa
Chip yard (1 year ago)
These $500k and $1m predictions are hype created by those who will benefit the most because of the bitcoin they already hold. I don't mind if it does reach that but I would be looking for the $25k figure proposed by one economist as a reasonable value if bitcoin achieves global acceptance. As an aside, bitcoin is already struggling under the current user TX volume, so its ascendancy is not assured even amongst crypto's.
Jordi l (1 year ago)
It will reach that price in 2020, i domt know how some people can think that i will be going up so slow
Sergio Süna (1 year ago)
John Cabot (1 year ago)
Iota is the new bitcoin.
HeartFilledHatred (1 year ago)
Let's hope McAfee is correct:D
Wajdi Echi (1 year ago)
what is ur top 7 cryptocurrencies for long term invest (2 or 3 years) bro ?
ArabMagazine (1 year ago)
Wajdi Echi etherium, litecoin, iota
gamefink (1 year ago)
bitcoin supply is capped at 19mil. and the fees are to high so good luck with half a mill in 15 years. anything is possible i guess
Mephistoss (1 year ago)
gamefink it's capped at 21m. Fees are only because the current bitcoin software wasn't ready for such a large amount of new users. Once the developers come up with a solution to the Bitcoin scaling problem the fees will become minimal
dide quen (1 year ago)
if you live in north korea and have 500 bitcoins, what can you do? well you can probably exchange for a kilo of meat
K Mathew (1 year ago)
probably buy 1-2 nukes off kim dong ding
Unbox Army (1 year ago)
or maybe for the whole north korea
anothaview (1 year ago)
"Bitcoin makes everyone smart right and master future thinkers predicking the future". Bogus hype in the black markets.
John Webb (1 year ago)
cela serait assez plaisant ma foi..
Eduardo Queiroz (1 year ago)
Great video. Thank you! I have 20 bitcoins and intend to keep them until it is worth at least $500,000. There is an ICO which can really change the financial world right now: https://vivaco.in/ At first I was skeptical but once I read the white paper and read some very interesting articles from the promoters I am convinced that it is the best opportunity right now and that it has the potential to change many lives for the better. Disclosure: I am NOT rewarded in any way for this testimony.
Piyush.varun Varun (1 year ago)
Sir plz send me 1 Bitcoin I have heart problems. Plz donate me. My Bitcoin address is " 3BNNvTvTC3adR6SrrYdUa8E6vBYavYf1yF Plz sir send me on my given address.
rob andone (1 year ago)
Stop lying and stop trying to sell stakes in your crappy ICO.
Long Legged Mac Daddy (1 year ago)
Wow 20! I wish I got in early!
yassine ayachi (1 year ago)
Eduardo Queiroz give me one hahah jk
Daniel Tebus (1 year ago)
Eduardo Queiroz 20 btc ? hold IT for 2025 you going to be a millionaire
Alan Oliveira (1 year ago)
Cool video!

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.