Bitcoin will boooooooom to $5000 by the end of this year.
bitcoin·@hatemmkh·
0.000 HBDBitcoin will boooooooom to $5000 by the end of this year.
<html> <p></p> <p>The day I started using <strong>BTC </strong>as a cryptocurrency, I remember that the price of bitcoin was $277 exactly.</p> <p>that wasn't so long time ago. maybe 1 year or a little more. that day i heard some expectations that btc price will reach $600 during about 1 year. but suddenly bitcoin had a boooooooooom to more than $1000 btc.</p> <h2><strong>do you think why?? </strong></h2> <p><strong>T</strong>he most important factor of btc price determinants is deman and supply. what happened is that many new users started using btc so the demand of btc has increased in a sharp way. and as a consequence, the price of btc has a sharp increase too.</p> <p>the demand kept increasing daily and the price also kept increasing.</p> <p><strong>This year, </strong>thousands of new cryptocurrency users started using btc and the demand will have a sharp increase again and also the price as a consequence. and not only me but many of the whales in bitcoin investment expects that the price will reach $5000 by the end of 2017 or maybe sooner.</p> <h1>what will happen if bitcoin price reaches $5000??</h1> <p>There are 1800 new btc are created daily and the current average price is $2800, so the bitcoin network is paying $5,040,000 daily.</p> <p>If the price reaches $5000, the bitcoin network will be paying daily $9,000,000.</p> <p>I hope you all enjoyed and got benefit from the article.</p> <p>Don't forget to share your opinion in the comments.</p> <p>Vote, Follow, Comment, Resteem</p> <p><br></p> </html>