How many Bitcoin are lost forever? 4 Million ? What does this mean for the Bitcoin price?

According to a recent article in Fortune magazine, new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one.   Those numbers imply 17% to 23% of existing bitcoins are lost. The Chainalysis findings are significant because it is not speculative but they rely on a detailed empirical analysis of the blockchain, where all bitcoin transactions are recorded.   The inforgraphic shows a summary of the Bitcoin lost…

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Could Bitcoin hit $100 000 in the Next Bull Run? – Top Analyst thinks so…

In a June 24  interview on Fox Business, ThinkMarkets chief market analyst Naeem Aslam predicts a Bitcoin price that could reach $100,000. Aslam had previously predicted on June 17 that BTC would hit $10,000 in “a couple of weeks,” citing institutional adoption as a major catalyst. He was proven right as Bitcoin hit his mark on 22 June 2019.   According to Aslam, the major price points to look out for now are $20,000 and $50,000. He argues that by hitting $20,000, discussion will move from conservative estimates exceeding the…

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Bitcoin Market Outlook: Will the May 2019 Bitcoin price increase continue?

It looks to us like Bitcoin has turned a bit of a corner and sentiment might be more positive for the rest of the year.       Factors that we see that might create some upside momentum: Geo-Political Risk   There are a lot of potential conflict points in the world at the moment and all of these have the potential to put a fire under the Bitcoin price.   We have the USA / China trade war: The ongoing trade tensions are creating uncertainty in markets and it…

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Bitcoin Market Cap Surpasses $100 billion and Nearing $6,000 as market matures

As Bitcoin’s market cap has broken the $100 billion mark for the first time in almost 6 months and the price is nearing  $6,000, experts in the industry weigh in with their predictions   Vaibhav Kadikar, Founder & CEO, CloseCross, a decentralised prediction market platform, said, It’s going to be a hot summer. BTC eclipsing the $100 billion market cap, for the first time since November last year, is a fantastic indicator of the adoption of cryptocurrencies and a sure sign of great things to come. While momentum trading drives…

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BITCOIN PRICE OVER $5000 – Crypto Executives Respond to Crypto Market Surge

Following the crypto market surge to multi-month highs over the past 48 hours, a number of crypto executives have provided their insights on what could be behind the rally and the implications on the market. Coinmarketcap also showed more than $78 billion had been traded in the cryptocurrency space over the last 24 hours, with Bitcoin notably crossing the $5,000 hurdle. Vaibhav Kadikar, Founder & CEO, CloseCross, a decentralized prediction market platform, said, “We have just about heard every possible angle on why we have this rally in Bitcoin prices,…

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BITCOIN PRICE PREDICTION – Insider secret could see Bitcoin at $15k – $20k shortly!

Everyone is waiting for Bitcoin to gain momentum.  Bitcoin has crossed over and back below $4000 during the last few days … and now Tom Lee from Fundstrat has shared a critical secret that could send Bitcoin past current levels and beyond.  Are we close to the next Bitcoin Bull Market?   Bitcoin is severely undervalued.  Watch the video below to hear the secret.  Add your opinion in the comments below:-               Please leave your questions and comments below:

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BITCOIN PRICE PREDICTION VIDEO – Why John McAfee’s $1 million Bitcoin Price Prediction is completely REALISTIC

John McAfee, entrepreneur and cybersecurity entrepreneur, continues to stand by his $1 million Bitcoin (BTC) price prediction by 2020.   McAfee is optimistic about his prediction – take a look at the McAfee Dick Line here     In an interview with Cointelegraph, he said:- It’s very simple, I’m a mathematician. As you run the numbers, the number of people using Bitcoin and the number of transactions, it’s escalating tremendously. That’s the true value… The true value is going to eventually be based upon usage and if you track the usage curve,…

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BITCOIN NEWS TODAY – Is Worldwide adoption of Bitcoin imminent – Venezuela Government adopts Bitcoin and Litecoin – VIDEO

Is Worldwide adoption of Bitcoin imminent – Venezuela Government adopts Bitcoin and Litecoin Venezuela has been struggling with price inflation of over 1,000,00%, hyperinflation of enormous magnitude.  Government based Petro cryptocurrency was launched in 2018 which is linked to oil.   Since the introduction, the government has been pushing for its citizens to adopt the Petro and now to further cryptocurrency adoption, Venezuela is offering the citizens a platform to make efficient Bitcoin and Litecoin payments in the country.   The new cryptocurrency remittance service platform called Patria, will allow people of…

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BITCOIN PRICE PREDICTION – Is Bitcoin going to $333,000 – Fact or Fantacy?

Bobby Lee is calling for Bitcoin to reach $333,000 by the end of 2021.  Who is Bobby Lee?  Bobby Lee is Co-founder of  BTCChina and YourBTCC; Creator of BTCCmobi; Board Member Bitcoin Foundation.  According to his twitter account, he is a “Defender of Bitcoin & REAL Blockchain and Fighting for the Freedom Of Money!”  Do you believe Bobby’s prediction will become true?             Please leave your questions and comments below:

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