During an interview I conducted with blockchain expert @StephenKendal, Stephen broke down his firm belief that Bitcoin will hit 1 million dollars and onwards based on both the mathematical fundamentals as well as the mass adoption we are currently seeing. Bitcoin's value is based around the same framework as gold's value is based. Scarcity, demand, application. There is not a lot of gold or silver on this planet, so it's scarce, but it's also in demand and sees a lot of use. Bitcoin will only have 21 million coins ever, ending in the year 2140. At the 7 year daily average rate of growth, Bitcoin should hit $250,000 USD by the year 2020 easily. So considering the vast climb over the past year alone, the notion of it hitting a million is incredibly simple. Stephen Kendal breaks down what he attributes to the recent rally of Bitcoin, the mass adoption phase we're seeing, the misunderstanding of many pundits applying the fundamentals of the derivatives market incorrectly to Bitcoin and of course the phenomenon that is Bitcoin Cash. The PURPOSE OF THIS CONTENT is to GIVE YOU IDEAS ABOUT BITCOIN not only to copyright the INFOGRAPHICS and CHARTS. They give me permission to reposed/content their INFOGRAPHICS and CHARTS by linking their website. You can check it here. https://steemit.com/bitcoin/@joshsigurdson/will-bitcoin-hit-1-million-dollars-the-answer-might-surprise-you Pls support to this channel guys do a comment and repost. For more bitcoin history. Thank so much guys. Hope you like it.. Have a nice day all. And God bless.

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