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Bitcoin Price Must Hit $213,000 To Become Viable USD Replacement: UBS - Business - Nairaland

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Bitcoin Price Must Hit $213,000 To Become Viable USD Replacement: UBS by DrBoss11: 12:47pm On Aug 05, 2018
Bitcoin price has been one of the major topic that has been deliberated in the financial sector of the world which has seen many prediction from expect about the bitcoin compare to then United State dollar.

According to the a new report from a well reputable swiss investment bank which estimate that the price of bitcoin must hit $213,000 to replace the estimated $3.63 trillion worth of USD in circulation, commonly referred to as the M1 or “narrow money” supply.

since they are only 21 million bitcoin which can be ever mined thus with the current supply of bitcoin in circulation it has been estimated that the price of bitcoin must hit $213,000 to replace the estimated $3.63 trillion worth of USD in circulation.

Many expert have predict the price of bitcoin to hit a significance amount in two years time . Some expert has even predicts the price of bitcoin to reach an all time high of 1 million dolllars which many person sees as over hyping then digital asset.

The swiss investment bank has reported that it is very possible for the digital currency which has seen global recognition in the past few years has every possibility of becoming the a global currency.

Many crypto investors has been positive in the future of the digital asset. According to the swiss bank (UBS) the supply of bitcoin must hit $213,000 to replace the total money supply of the United state dollar.

The swiss bank also has said that the bitcoin network need to be improve to handle millions of transaction per mins because considering other financial processors like visa, master card they are far above the current amount of transactions the bitcoin network could sustain in term transaction speed and other factors.

UBS has stated that the unstability of bitcoin will consider it has a major flaws in its usage to process huge transaction per seconds.

https://thecoinmap.com/bitcoin-price-must-hit-an-all-time-high-of-213000-to-replace-the-total-amount-usd/

Re: Bitcoin Price Must Hit $213,000 To Become Viable USD Replacement: UBS by Bobbybabs(m): 2:35pm On Aug 05, 2018
DrBoss11:
Bitcoin price has been one of the major topic that has been deliberated in the financial sector of the world which has seen many prediction from expect about the bitcoin compare to then United State dollar.

According to the a new report from a well reputable swiss investment bank which estimate that the price of bitcoin must hit $213,000 to replace the estimated $3.63 trillion worth of USD in circulation, commonly referred to as the M1 or “narrow money” supply.

since they are only 21 million bitcoin which can be ever mined thus with the current supply of bitcoin in circulation it has been estimated that the price of bitcoin must hit $213,000 to replace the estimated $3.63 trillion worth of USD in circulation.

Many expert have predict the price of bitcoin to hit a significance amount in two years time . Some expert has even predicts the price of bitcoin to reach an all time high of 1 million dolllars which many person sees as over hyping then digital asset.

The swiss investment bank has reported that it is very possible for the digital currency which has seen global recognition in the past few years has every possibility of becoming the a global currency.

Many crypto investors has been positive in the future of the digital asset. According to the swiss bank (UBS) the supply of bitcoin must hit $213,000 to replace the total money supply of the United state dollar.

The swiss bank also has said that the bitcoin network need to be improve to handle millions of transaction per mins because considering other financial processors like visa, master card they are far above the current amount of transactions the bitcoin network could sustain in term transaction speed and other factors.

UBS has stated that the unstability of bitcoin will consider it has a major flaws in its usage to process huge transaction per seconds.

https://thecoinmap.com/bitcoin-price-must-hit-an-all-time-high-of-213000-to-replace-the-total-amount-usd/


Real-time market price of Bitcoin in Naira. Convert Bitcoin to Naira.

https://www.coinnaira.com.ng/coin/BTC
Re: Bitcoin Price Must Hit $213,000 To Become Viable USD Replacement: UBS by DrBoss11: 4:50pm On Aug 05, 2018
Bobbybabs:


Real-time market price of Bitcoin in Naira. Convert Bitcoin to Naira.

https://www.coinnaira.com.ng/coin/BTC

Its very cool
Re: Bitcoin Price Must Hit $213,000 To Become Viable USD Replacement: UBS by Bobbybabs(m): 9:02pm On Aug 05, 2018
DrBoss11:


Its very cool

Thanks man. Help spread the word. wink

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