When will bitcoin reach 60000

2. The prediction of Qube exchange is as follows: in addition to its own infrastructure (wallet, trading center, mine pool, mining machine and mine), the current application of bitcoin has only one payment, and the application field of payment is very small. If the currency price rises sharply, the service charge also rises sharply, so it can be expected that the payment application will shrink. Only when bitcoin is accepted as reserve currency can its application be carried out on a large scale. At present, mainstream governments and mainstream banks are strongly resisting bitcoin, which may not exist. Bitcoin has a long way to go from a speculative tool to a world currency. First of all, it has to become a mainstream currency in a country or region (such as Zimbabwe, which gave up its own currency), and then graally blossoms in more countries, and then enters a big country before it can become a reserve currency. The process is measured in 10 years. Or because of special reasons, a global currency crisis broke out and bitcoin took advantage of it, which made it even harder to predict the time. When the commodity prices are low and China's economy stalls, it will inevitably lead to the restructuring of the world economic structure. In the process of restructuring, there will be huge transnational capital flows, and the countries with money outflow will find ways to prevent the outflow of money, which provides a stage for bitcoin. China's economy has stalled in 2016, but the banknote printing machine has not stopped, and it is likely to intensify. Over the past decade, China has been a global investment center. Once the economy stalls, capital naturally has to seek opportunities elsewhere, which constitutes the pressure of money outflow. We should start to strictly control the outflow of foreign exchange reserves. Bitcoin, as a medium of free exchange of foreign exchange, will naturally be used by more people. If there is no accident, bitcoin will exceed RMB 100000 by the end of 2019. Qube exchange is a specialized platform for data analysis and quantification. I hope it can help you.