Seems like we have finally gone through a stressful marriage divorce and can now finally breathe in peace, what we are referring to is the ending of the so called "bitcoin Civil War" that we have actively witnessed for the better part of this year and even the previous one... Unfortunately, the agreement did not come without our forefather blockchain being split in two, which resulted in alternative coin, known as Bitcoin Cash or BCH, emerging but since the newly created "market cap" flooded right back into bitcoin while having price surge to the all-times high, then this turned out to be not that bad after all.
Post-Fork Bitcoin Price Surge & Future Predictions By Industry Specialists
In hindsight, it is rather easy to say how most of the bitcoin price fluctuations were affected by nothing else but our human fear, cannot hold it against anyone for not wanting to lose their bottom while gambling with the digital currencies but industries specialists think that we have an even better road ahead of us. Kumar Gaurav, who is the founder of Auxesis Group, thinks that bitcoin has had sufficient time to mature enough and drive in institutional money which is one of the reasons why it will keep appreciating in value even more as the time goes by. Alright despite that from reading our title one might think that bitcoin is going to hit $10,000 by the end of this year then in reality, Mr. Gaurav thinks it will happen in the next three years time and his main point towards this idea is how by relatively small percentage of population using blockchain technology it has already driven prices to little fortunes, so as the prices go higher and media keep giving it more coverage then, even more, money is going to drive into the digital currencies.
Anonymous & Decentralized
Since the beginning of days, it has been said that the two main reasons why anyone would use blockchain currencies are because of them being anonymous and decentralized, meaning that no one owns the blockchain and could never tamper with it. Many struggling regions see more trust in the digital currencies than their own national money and therefore try to beat the natural fluctuation by acquiring fuel for using the blockchain. We will strap ourselves down and prepare for taking off to the moon but who knows, perhaps we will fly pass it and end up at Mars instead!