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Author Topic: Wedbush Securities Predicting 10% of online payments and 20% of global remittanc  (Read 595 times)
EXPATINVESTOR (OP)
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July 10, 2015, 11:59:36 PM
 #1

Also mentioned was $400 in 12 months,

After the Ground Swell of investors and start ups these past months $400 to be a very conservative number


http://www.coindesk.com/wedbush-report-projects-400-bitcoin-price-by-2016/

here is the real meat...

The report notably foresees the percentage of bitcoins being held for speculation decline at a 2% rate annually over the next decade, falling from an estimated 24% today to 4% in 2025.

At that time, Wedbush expects bitcoin to account for 10% of the $5.9tn online payments market, 20% of the $744bn remittance market and 20% of the $924bn microtransactions market.
mskryxz
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July 11, 2015, 12:24:51 AM
 #2

0.02% chance of becoming worth 1 million per coin.

Not that great odds but still much much better than the chances of winning the lottery right? haha
Amph
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July 11, 2015, 08:05:40 AM
 #3

400? 400 is a joke, we can aim for that now, i think they missed a zero, they forget that price do not rise linearly

only because we are raising slowly now it does not mean that it will keep increasing at this rate, what i've learned is that there aren't real steady growth, they might start as that, but at some point there will be a gigantic pump or dump
600watt
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July 11, 2015, 08:38:25 AM
 #4

0.02% chance of becoming worth 1 million per coin.

Not that great odds but still much much better than the chances of winning the lottery right? haha

exactly my thought. actually great odds.

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