Bitcoin can go up to 1 M$ ...OMG...

I am great fan of new technologies and surely in love with tokenization and cryptos. I wanted to write about this sheer predictions on the valuation of Bitcoin or Lite coin ..etc.

Let me remind you how any new technology or technology company will be valued, X company is working on solving this problem or X company is working on changing some Y industry or most importantly the business value it is going to create . If you apply these basic fundamentals to current crypto world most of the cryptos valuation do not match up that includes bitcoin itself.

http://www.riksbank.se/Documents/Rapporter/E-krona/2017/rapport_ekrona_170920_eng.pdf

Whole Finance World Gets Tokenized/Cryptoed:

Sweden has been looking into issuing e-cron to replace their national currency to be crypto and more countries will experiment with idea. Current monetary transaction speed will get better and better in same way email did to snail mail. Most of the tech companies with considerable user base will turn into FINTECH companies aswell and offer wallet apps to users and provides current banking features with their mobile wallet apps. We seen this already tried by Facebook, Apple pay, Venmo ..etc but there is still other side where Banks do not have same technical, able infrastructure to provide same level of speed. There will be ton of new laws , rules and red tape to safeguard common man's hard earned money/crypto currency. All credit cards, Coin(coin.com)..etc will support cryptos .

Most of cryptos.Bitcoins lose valuation in coming age

Block chain or Cryptos are based on very old technology and it gets more easier to create block chain platform. Someday it will be as easy as creating your own website or file server and in next few years. we see millions of coins popping up and it will be common trend to have a coin for every little thing or transaction and eventually will not be used for value store but value transfer only, unless they were issue in lieu of equity share(ICO with legal share in business). Currently there are some companies like Apple, Microsoft..etc released frameworks to make your own Block chain infrastructure(wallet, Node, Choice of encryption algorithms,IOS and Android apps...etc) with little coding need. So in near future we should be able to have a crypto coin for ever individual if you like and that might match same features of Bitcoin,Litecoin..etc

Why crypto coins value/price is increasing on daily basis:

Well, Prediction of course and our greed for quick buck. Some early investors in Bitcoin thought of trading platform on only Crypto currency and they did very good job in creating eco system or a kind of Ponzi scheme where One coin breeds another and another...so on and whole transaction will have to be pegged to Bitcoin or Ethereum. One caveat here is it creates whole ton of paper money and really can not value underlying asset as cashing out in great sums can lead to severe corrections in valuation.

Who will benefit most:

I believe lot of new services, products will come to light. Future amazon, Google can born but at the same time banks like Wells Fargo, Bank of America will prevail swell by using these new technologies.