Understanding Bitcoin’s Surge And Its Use Around The World | CNBC

Good day! Grandpa here.

Wow! Check out this fantastic news clip about Bitcoin.

“The price for one Bitcoin could hit $1,000,000 by the end of 2020”.

The price for one Bitcoin has been climbing aggressively and showing no signs of slowing down. This is a very exciting time to be investing in Bitcoin and cryptocurrencies. Many people feel that because Bitcoin has already eclipsed $10,000 for a single Bitcoin that it is to late. I do not feel that is the case. If you buy just $100 of Bitcoin right now the chances are it will be worth $120 in just a few days and possibly worth $10,000 in just a few years. Nobody knows for sure but do some research and see for yourself what all the experts are saying. Watch the video below for insight.

There are only 21 million Bitcoins that will ever exist.

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James Altucher, Formula Capital managing director, and Spencer Bogart, Blockchain Capital managing director, break down what drives the bitcoin demand, its use and projected earnings.