Bitcoin history On October 31,2008 Satoshi Nakamoto published a white paper detailing a payment protocol that would be independent of any government institutions or bank and he name it Bitcoin. The world first crypto currency. A peer to peer electronic payment systems. Satoshi said “ I had to write all the code before I could convince my self that I could solve every problem then I wrote the paper “ 3 January 2019 Bitcoin first block was mined. There was many issues earlier was till 2011 and all problems was solved by Satoshi Nakamoto but in same year Satoshi got vanished or disappear.

United states has raised 9 times rate hikes in 3 years and this it is highest level a decade. Consumer debts is more higher specially credit card home loans and other loans.

Bitcoin is going to challenge the federal systems all over the world in coming time. Only 30% of wealth is in Fiat currencies and large portion of wealth is in equities.

Bitcoin Search Volume over the time(image source coin dance)

There is next 500 days nearly to next bitcoin halving after that every block will generate 12.5 BTC. No matter what happening with bitcoin, people’s and bitcoin ecosystem will continue to grow.

Top 5 Largest Bitcoin Crashes in History

June to November 2011: bitcoin crashed nearly -93%

August 2012: Bitcoin crashed nearly 55%

April 2013: – Bitcoin crashed nearly 74%

December 2013 – January 2015: – 84.6%

December 2017 – unknown: -81.8%

For more details check the below bitcoin crashed history

Image source Reddit

Bitcoin Need to Improve in Micro Payment

Bitcoin lightening network has been implemented but still this payment system is not has been accepted widely. Experts believe Lightening Network adoption will come slowly like Bitcoin adoption will grow in future. To secure the Bitcoin network recently Blockstream launched Bitcoin satellite.

Image source blockstream

Bitcoin Future Price Predictions

Thomas Lee, prominent Bitcoin investors and co-founder of a research company called Fundstrat Global had predicted on record that Bitcoin will reach $25,000 in 2018 and will hit $1,25,000 by

By 2022 Max Kiser price prediction of $28,000 and his long-term bet is that Bitcoin will reach $100,000.

John McAfee has claimed on record that Bitcoin will reach $1000,000 which he changed from $ 500,000 last year.

Jameson Lopp is also one of the cyberpunks who predicted that Bitcoin might reach $250,000 by 2020

Tim Draper, an American venture capitalist, and founder of Draper University recently predicted that Bitcoin will reach $250,000 by 2022.

Winklevoss twins Bitcoin should hit $320,000 in the future.

Bobby Lee Bitcoin will surpass the $1 million-dollar-mark.

BlockOneDaily research team has study about Bitcoin future price prediction and announcing it will reach $100000 by End of 2020 or Jan 2021. Our research is based on Bitcoin volume and global acceptance ratio.

Note: We are independent writer, We are not financial advisers. Invest on your own risk