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Vanessa Wesley
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Vanessa Wesley   My Press Releases

Bitcoin Target Price March 2017 One Hundred Thousand or One Million Dollars

Published on 3/15/2017
For additional information  Click Here

The dollar has reached  a all time low.  Last year the price of one bitcoin was  eight hundred and ninety dollars and today the price of one bitoin is up to one thousand two hundred and forty dollars.  The  Feds will up the interest rate to stimulate the economy but where is your million dollars and what is it worth today in real money. 

1 Bitcoin equals

1255.00 US Dollar

Bitcoin image

How do you value Bitcoin?

With these attributes, all that is required for a form of currency to hold value is trust and adoption. In the case of Bitcoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, bitcoin's value comes only and directly from people willing to accept them as payment.  The price of bitcoin is over 12 hundred dollars but check ebay you have to pay double that to get one.  If you can find one.

Juniper Research, a respected research firm, predicts that bitcoin transactions will triple in 2017, reaching $92 billion dollars. Juniper notes several factors that should encourage the increased adoption of bitcoin in 2016 and through 2017, including the fragility of the Chinese economy, the Brexit vote and on-going issues in Europe, including high unemployment and bad public finances, and numerous other issues.

As national governments continue to struggle and the global economy is exposed to high risks, it’s likely that an increasing number of people will look to bitcoin and other alternative currencies/investments. Bitcoin has taken on the mantle of a “safe haven” investment, due to the fact that it is free from government interference, and that supply is limited. Governments can increase money supply at pretty much any whim, thereby decreasing the individual value currency units. Bitcoin’s supply, on the other hand, is already set and cannot be changed.  nstacoin, gladiacoin, bitcoin price, why bitcoin, bitcoin wallet, best bitcoin wallet, bitcoin beat the price of gold,  https://www.gladiacoin.com/instacoin

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