Bitcoin trading | One Coin Will Reach $1,200,000 ( Here Is How )

in #bitcoin5 years ago (edited)

Bitcoin Investment could be one in a life time opportunity. Current Bitcoin adaption rate is less than one present, here is how we can determine that. There are about 7.6 billion people on this planet, it would be nice if all of them would be bitcoin users, but since it's not possible for multiple reasons, we will have to focus on specific target group. Eliminating certain age groups and people without access to internet connection, so we have reached to our target group. There are about 2m-20m bitcoin users and our target group is 2.4B people, this is how we estimated current bitcoin adoption ratio.To calculate future bitcoin adoption, lets assume that bitcoin price is a 1-1 function of a bitcoin adaption growth, if bitcoin adoption will reach up to 10%, then bitcoin price should be within interval of $120,000 and $1,200,000 respectively. By utilizing previous user growth and bitcoin price we can estimate approximate number of years until bitcoin will reach 10% adoption.

Credit goes to YouTube channel
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