But go by its recent boom — and a forecast by Snapchat's first investor, Jeremy Liew, that it will hit $ 500,000 by 2030 — and nabbing
even a fraction of a bitcoin starts to look a lot more enticing.
Even fractions of a Bitcoin have a value higher than many traditional currencies.
If vendors would retain
even a fraction of their Bitcoin receipts, it would more than pay for the currency's transaction fees, in time.
Not exact matches
«
Even with the recent increase [litecoin] still has a
fraction of the market cap
of bitcoin,» Glikberg said.
If
Bitcoin grew to fulfil
even a
fraction of that, its a large addressable market.
If
even the tiniest
fraction of those funds were to enter
Bitcoin, its value would be inconceivable.
Also, other factors like «fee» «security» «anonymity» join in too when you're looking for the ultimate, best place to buy
Bitcoins so
even a lower percentile
of that
fraction is worth buying
Bitcoins from.
That means that
even if you have a lot
of money to burn, you'll probably be buying a
fraction of a
Bitcoin — for example, paying $ 500 for 0.06
Bitcoin.
But,
even then, trading volumes OTC markets in China only account for tens
of millions
of dollars worth
of Bitcoin trades on a weekly basis, which is a small
fraction of global
Bitcoin trading volume in contrast to leading exchanges such as Bithumb which process hundreds
of millions
of dollars in trades on a daily basis.