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Why Analysts Say Bitcoin's Projected Value and Growth is Still Expected to be Astronomical

science and technology

PALM BEACH, Fla., March 8, 2021 /PRNewswire/ -- Bitcoin was the first cryptocurrency to ever be created, sparking the birth of an entire industry and thousands upon thousands of altcoins to be created in its image. Not only is Bitcoin the first of its kind, but it has been designed to disrupt and replace paper-based fiat currencies to become the global digital currency used by the entire population, regardless of what country or region they live in. Because Bitcoin is so powerful and has so much potential, Bitcoin's projected value and estimated growth could be astronomical. An article by a trading company said that " Speculation from crypto analysts and industry experts suggests that Bitcoin's long term value could reach over $100,000 to as much as one million dollars per BTC in the future by 2025… Considering all of the massive price projections and forecasts from industry experts that suggest Bitcoin will someday replace all currencies across the globe, it's easy to see what so many are bullish on Bitcoin, and why Bitcoin price predictions can reach such high numbers, ranging from thousands to even over $1 million dollars per BTC. The revolutionary technology has sparked an entire industry aimed at disrupting traditional finance, and cryptocurrencies are already well on their way to widespread adoption and regular use by the mainstream public." Active companies with recent developments in the Tech Industry include: Riot Blockchain, Inc. (NASDAQ: RIOT), Hello Pal International Inc. (OTCQB: HLLPF) (CSE: HP), Canaan Inc. (NASDAQ: CAN), Marathon Patent Group, Inc. (NASDAQ: MARA), HIVE Blockchain Technologies Ltd. (OTCQX: HVBTF) (TSX-V: HIVE).
CNET     Mar 08, 2021