One of the first Bitcoin developers, Gavin Andresen, believes that Satoshi Nakamoto could have misjudged the prospects for creating a cryptocurrency.
Andresen first heard about Bitcoin in 2010. He immediately became interested in the idea and soon became the leading curator of the development. In 2013, he "handed over authority" to Vladimir van der Laan, creator of Bitcoin-QT (Bitcoin Core).
Last year, transactions in total amount of $ 2.5 trillion made on the Bitcoin blockchain, and the average transaction size was about $ 23,000.
According to BitInfoCharts, the average transaction size on the Bitcoin blockchain was 2.75 BTC ($ 23,000), and the average transaction cost (made up of mining costs and commissions) was 0.029 BTC or $ 250.
51,511 BTC worth almost $ 450 million was sent on January 20, 2020 for a commission of less than $ 0.25.
The transaction was included in block 613 644. At the time of block mining, the price of Bitcoin was $ 8680.51, so the transfer amount was equivalent to $ 447 million.
Craig Wright said he had access to 1.1 million Satoshi Nakamoto Bitcoins, which at the current rate is about $ 9.3 billion. After that, the Bitcoin SV altcoin rate has grown by almost 100%.
According to Blockstream CEO Adam Back, the Bitcoin exchange rate this year can easily reach $ 100,000.
Back stressed that the price of Bitcoin has repeatedly crossed the $ 10,000 mark, and just a few years ago it seemed impossible that the first cryptocurrency would reach $ 1,000. In addition, dollar inflation contributes to the growth of the Bitcoin exchange rate.
For the first time since 2013, the United States has lost leadership in the volume of transactions in Bitcoins. In 2019, transactions with the first cryptocurrency in the amount of $ 8.58 billion were made in Singapore, and only $ 7.46 billion in the United States.
At the same time, according to Crystal Blockchain, an analytical website, Singapore became the leader in accepting transfers in the first cryptocurrency, and in the withdrawal of Bitcoins, the island state of Seychelles, where the BitMEX cryptocurrency derivatives exchange is registered, took first place. Bitcoin worth $ 10.07 billion was sent from there.
Cryptocurrency enthusiast John McAfee, known for his eccentricity, said that he would not eat his intimate body, despite the fact that the Bitcoin exchange rate had not reached $ 1 million by 2020.
Back in mid-2017, McAfee said that if by the beginning of 2020 the rate of the first cryptocurrency does not rise to $ 500,000, then he would cut and eat his genitals. After a while, against the background of a bullish spurt in Bitcoin, he increased the rate to $ 1 million. Later, McAfee repeatedly confirmed the forecast, but now he refused his words, saying on the social network Twitter that he was only attracting attention.
Coinbase Co-founder and CEO Brian Armstrong published a post in which he predicted the development of the cryptocurrency industry for the next ten years.
According to Armstrong, in the 2020s, there will be a peak in the development of confidential cryptocurrencies - privacy functions will be included in the blockchains, and the number of holders of anonymous cryptocurrencies will increase to 1 billion. Note that today this number is about 50 million people.
According to well-known cryptocurrency enthusiast and founder of Galaxy Digital Michael Novogratz, in 2020 the first cryptocurrency will reach at least $ 12,000.
Novogratz said on Twitter that by the end of next year, Bitcoin will cost at least $ 12,000. In addition, he believes that US President Donald Trump will lose the next presidential election - he will not have more than 10 million votes to stay for a second term.
UN Secretary General António Guterres is confident that his organization should use blockchain technology.
Guterres had previously spoken about the prospects for distributed registry technology. In July last year, he said that a "high-level digital collaboration group" had been created that directly interacts with blockchain technology. In September of the same year, he talked about lowering the level of trust in state institutions, highlighting distributed registry technology as one of the solutions to this problem.
Coinshares Strategy Director Meltem Demirors believes that halving the Bitcoin miners award in May 2020 will not have any impact on its price.
In her opinion, Bitcoin is suitable for the upcoming event in unique conditions. During the previous two halves, there was no such developed derivatives market as there is now. Most companies that want to profit from changing the price of the first cryptocurrency will use derivatives rather than the underlying asset.
According to logarithmic analysis by analyst Benjamin Cowen, by 2023, the capitalization of the cryptocurrency market could exceed $ 11 trillion.
Cowen collected weekly data on the price movements of Bitcoin and other cryptocurrencies, and tried to identify a trend based on price correlations. He said that in the future, another "cryptocurrency bubble" awaits the industry, and the growth of the total market capitalization can reach up to 150 times.
Yesterday, analysts and traders said that the rate of the first cryptocurrency would drop to $ 5,500, but on December 18, Bitcoin pushed off support for $ 6,400 and soared to $ 7,400.
Although many believe that it is too early to draw conclusions, there is a possibility of continued growth. One of these signs is a bullish candle on the chart, usually indicating a change in trend, and also confirming the presence of discrepancies between the RSI and MACD indicators.
The famous American economist and trader Nassim Taleb remains optimistic about cryptocurrencies and believes that Bitcoin "wins" in comparison with state currencies.
Taleb said that citizens of some countries, such as Lebanon, "lost faith" in state banking systems, so no one should ignore cryptocurrencies, as well as the history of Bitcoin and blockchain.
According to the president of Fidelity Digital Assets (FDAS), Tom Jessop, the cryptocurrency industry is only developing, so the closure of some companies and funds is natural.
Jessop expressed his opinion in the podcast The Scoop, commenting on a recent study by Crypto Fund Research, according to which a significant number of cryptocurrency investment funds closed this year. The president of FDAS believes that this situation resembles the development of the Internet startup market.
According to Dan Morehead, CEO of Pantera Capital, an investment company, Bitcoin has every chance of transforming up to 50 industries.
Morehead emphasized that in the near future, Bitcoin and blockchain will be able to change such traditional tools as voting systems, international money transfer systems, electronic money transfers, identification systems and so on.
On Saturday, the Bitcoin exchange rate fell by $ 150 and is now at $ 7,150. Analysts believe that the first cryptocurrency needs to cross the $ 7,300 mark to continue to grow.
According to the Bollinger indicator - a price prediction model based on a 20-day moving average - volatility should return to cryptocurrency markets soon.
Cryptocurrency enthusiast and researcher from America Alex Thorn discovered that the number of active addresses with a non-zero BTC balance was 28.39 million, and this is a new record.
The previous record was set back in January 2018. According to Thorn, this indicator is well suited to determine the total number of users of the first cryptocurrency. Although here you need to understand some subtleties.
