Bitcoin : The Digital Future
We all know what bitcoin is and how important it’ll be in our coming future, bitcoin could ‘easily’ reach $40,000 by the end of 2018, bitcoin can multiply more than four times in roughly the next 13 months. There’s a big wave of money coming, not just here but all around the world.
Demand from Asia has contributed to bitcoin’s gains Japanese yen trading in bitcoin dominates trading volume at about 62 percent, U.S. dollar-bitcoin trading accounts for about 21 percent, and trading in South Korean won accounts for about 9 percent. Since bitcoin supply is limited to 21 million coins companies cannot produce more bitcoin in order to meet demands, the road to $40,000 will not be without twists and turns 50% corrections could happen on the way. Bitcoin was trading at $16,949 per coin the last second i completed this overview. Bitcoin started the year just under $1,000 and you can see it has already crossed more than 10 times within a year so, one can easily imagine the growth within next year and $40,000 per coin doesn’t look beyond the reach.