[2016-09-27] Bitcoin Adoption Growing & Fundamentals Improving; Raising Price Projection

[LiteCoinGuy]

Bitcoin Adoption Growing & Fundamentals Improving; Raising Price Projection

Protocol improvements induce compelling optionality:
Looking ahead, there areseveral forthcoming improvements to the Bitcoin protocol that we believe couldsignificantly 1) benefit scaling, 2) accelerate the pace of development and innovation,and 3) augment Bitcoin’s functionality and use cases. Taken together, we believethese developments could serve to significantly increase the utility of (and demandfor) Bitcoin. Therefore, we think the outlook is very bright.

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