In a recent survey, Bitcoin’s vast price increase capability was revealed. The surveyor Gallup has been told how some people in the U.S. have invested their money on bitcoin.
The survey also shows that the price of Bitcoin (BTC) is likely to increase if it goes mainstream and attracts millions of investors. Forbes said that 2,000 people were surveyed and it was found that only 2 percent of the investors currently own bitcoin and only one percent want to buy in future.
Gallup wrote, “Bitcoin is rising after crashing at the beginning of this year, some people saying that its bubble is going to burst again and others argue that its value will only increase as much as much the traders have essentially adopted it.”
He said, “For now, most investors are on the shore, they don’t know anything about bitcoin, some are already invested in it, and some are a plan to jump in soon.” “looking for the future, however, currently many young investors who say they are worried, currencies can be converted into investors after more mainstream.”
BitMax co-founder Arthur Hayes told that despite the recent cryptos fall, he will be enthusiastic because the cost of bitcoin will be around $ 50,000 by the end of this year.