Bitcoin will rise 100% next year. If we don’t invest now, we will be old.

Bitcoin will rise 100% next year. If we don’t invest now, we will be old.

This was the best year for the financial industry, but also the worst year. The Federal Reserve led the way in raising interest rates throughout the year, and at the end of the year, emerging market currencies were cut in half; the domestic stock market soared to the sky, but unfortunately ended up at the bottom of the sea; oil prices collapsed across the board, with the frequency of decline comparable to that of menstruation. The financial world once again echoed the slogan "One World, One Dream".

This year, Governor Zhou and Chairman Ye occupied the vast majority of financial headlines. The People's Bank of China cut interest rates five times this year, and the RMB depreciated. The 811 exchange rate reform caused the RMB to depreciate by 2% against the US dollar overnight. The Federal Reserve led by Chairman Ye finally went against the global easing trend and led the interest rate hike after wrangling and shirking responsibility and running out of excuses. The differentiated monetary policy not only led to the continuous depreciation of the RMB , but also caused the Argentine Peso to plummet by 41% in an instant, and the Azerbaijani Manat exchange rate plummeted by 49.52%. At this moment, mankind finally remembered the fear that was once dominated by them. Is the money in their hands still money?

In another market, new investors are looking forward to the arrival of big events. In 2015, when the market was still competing over who was more "bearish", Bitcoin had already emerged as a dark horse, rising from $200 at the beginning of the year, breaking through the $300 and $400 mark, enjoying the loneliness of crazy growth. In addition, in 2016, Bitcoin will usher in another reduction in production, and the output will be reduced to half of the current level! This will directly lead to a surge in Bitcoin prices. Bitcoin itself has no issuing bank. Therefore, a set of output mechanism, namely "mining", was set up. The mine will produce 50 BTC per hour on the Internet, but this output value has now dropped to 25 BTC, which is due to Bitcoin's own ability to suppress inflation. Bitcoin will have a production reduction every 4 years, the most recent one was in 2013, which was also the year when the market value of Bitcoin reached a historical peak of 1 Bitcoin to 1,100 US dollars.

As an emerging currency in the Internet era, Bitcoin is popular among investors for its decentralization and lack of bank supervision. Due to its fixed investment amount (21 million), many investors regard it as the first choice for wealth preservation. From the initial entry into the market of a few cents to the current more than 400 US dollars, its appreciation rate is as high as 1,000 times! After experiencing many financial tsunamis and storms, whether you can ride on the Bitcoin Ark may be the last chance for investors to become famous!

Daniel Masters, co-founder of GlobalAdvisors, predicts that the price of Bitcoin will break the record high of $1,100 set in 2013 in 2016, and reach $4,400 by the end of 2017. Meanwhile, Li Qiyuan, CEO of BTCC, the world's longest-running Bitcoin exchange, believes that the price of Bitcoin still has room to rise, and is expected to reach as high as $3,500 next summer. Are you tempted by this?


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