At the end of July, Independent stock market research analyst "Ronnie Moas" published his cryptocurrency report. Predicted the increase to $5,000 at the end of 2017. Since then, he has revised his predictions and declared new numbers, $11,000 and $14,000.
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But what is the basis of this prediction? Moas says there may only be "21 million bitcoins" in the world. So, a rising demand will push its price forward. As more and more people try to get their hands on this digital currency, the imbalance between supply and demand will cause a bigger increase. He predicts that in two years approximately "300 million people will buy bitcoins".
"Bitcoin is often compared to gold. But we do not know how much gold is in the ground. This makes Bitcoin much more valuable, According to Moas".
"Moas compared Bitcoin with the Amazon shares. Which people bought 15 years ago. Also, kept them. "This is exactly the way I think people should play with the bitcoins," added Moas".
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