Future of the bitcoin priceadmin | June 5, 2019 | 0 | Finance
It is not a simple task. It is of little use to analyze the current and historical price if it is not to observe a trend throughout its history. Although Bitcoin uses technology superior to that used by governments and banks, nobody knows what may happen in the future. We do not know how technology will evolve, energy consumption, 3 out of 4 bitcoins that will exist are already in the market. Here you can see a real graph of how they have been issued and how many bitcoins are in circulation.
Bit coins that will exist are already in the market
And of those 3, estimates indicate that 3 out of 4 bit coins are being used as savings, as a store of value. If you also know that many have been blocked forever due to loss of private keys, the result of real bit coins that can be used on a daily basis is even more limited.
While some predict a failure of Bit coin, others just the opposite. Among them Rickard Falkvinge, leader and founder of the Pirate Party, which argues that between 2020 and 2025 could be priced between 100,000 and 1,000,000 Euros or more optimistic scenarios that place it at a value of 47 Million Euros per Bit coin in the next decades.
They also provide stability in their price after the growth stage.
The detractors of bitcoin casino defend that it is something that could disappear at any moment. But how do you magically disappear something that millions of people have and each month new users arrive exponentially? An open, transparent system, with some of the best minds on the planet working on it, many for pleasure, how do you stop that
Bit coin, when analyzed with the time you see that it seems to be much stronger, just and powerful for the user even than the fiduciary money of a country.
Recall that a bit coin is divisible, and has 100 million satoshis (its smallest unit), being able to reach a future where 1 Satoshi be equated with 1 euro cent and be worth the million Euros previously mentioned, but beware! Bit coin works by consensus, and that number of decimals could be increased if it becomes necessary and most nodes agree.
Freebitco.in also offers a much more complete gaming segment. The site talks in detail about the famous sporting events that take place around the world and offers various betting options. All these options are there to offer additional betting markets. There is also a comment option that allows users to comment to any live tournament.