Five years ago, a single Bitcoin was only worth 200 dollars. Now this is about $ 7,000. This is in spite of the current economic turbulence is an amazing increase and shows the rapid development of the popular crypto-currency in the last few years.
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A Bitcoin for about $200
Finally, it pays to remind yourself through the wild bull and bear markets since 2015 because, as far as Satoshi’s Vision (which came true). On Twitter, the full-time Trader and Analyst Michael Van de Poppe has pointed to the following fact.
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So he wanted to allude to the fact that in the next 5 years, the same thing will happen: of Course, all of the perspective depends almost. One of his Followers pointed quickly to the fact that Bitcoin is two and a half years was worth $ 19,000. He is still waiting for his losses, since he joined at the wrong time.
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To know how cheap Bitcoin in the year 2015, is little more than a funny (or annoying) fact. But if you would have bought in a year for $1,000 Bitcoin, you would now have a Bitcoin assets of around $35.000.
How much Bitcoin will be in the next 5 years?
No one has a crystal ball. Many traders and Bitcoin supporters give their Best to make predictions for the future development. The most popular model is the Stock-to-Flow model that assumed that the Bitcoin exchange rate might have to halve in may 2020 with a fair value of between $50,000 and $100,000.
How PlanB is also often in his Posts, it does not mean that Bitcoin could rise to $50,000 or more. His model assumed that the rate will gradually approach to these high rate levels, as it was in the past, when the last Bitcoin Halvings of the case. In his latest Tweet, he notes that 1 to 2 years will increase after the Bitcoin Halving of the rate to 10x. That would be today, a Bitcoin price of $70.000!
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Of course, this may be the most unimaginable, but we must not forget one:
No one would have believed in 2011 that Bitcoin could reach a level of $1,000 and no one really held it for possible, that BTC in 2017 crack almost the $20,000 mark. With the current economic turmoil and the rampant printing of Fiat money, no longer such an exorbitant price levels-so-unrealistic, since more and more people look for Alternatives.
Already, data show that more and more people are interested in Bitcoin, and after “googling”, as you can buy in just a few steps Bitcoins.
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