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October 19, 2017, 04:51:57 PM |
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as the bitcoin is a controlled supply and the demand is expanding every year, thus the price of bitcoin is driven by supply and demand it is expected that the bitcoin inflation is happen every year and estimated 4.0% increase year to year and the bitcoin users growth is exponential, so a 10k USD hit is possible in year 2018 as many countries are starting to embrace and legalize bitcoin transactions, if more countries will follow Japan's pattern on how they adopt bitcoin, then bitcoin in the future is phenomenal. That's why many large banking and financial industries are discouraging their investors and to stay away from bitcoin because they know bitcoin was big threat to them.
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