$6.28 Million USD Betting On Bitcoin Price

in #bitcoin6 years ago

Hello Steemians, 🙏

An unidentified crypto investor of Australia bets millions of dollars on Bitcoin price. He is betting that the price of Bitcoin will exceed the share price of the Berkshire Hathaway by 2023.
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According to CEO of William Hill, Tom Waterhouse. A punter made $8.5 Million AUD on belief that the Bitcoin will be worth more than the price of Berkshire Hathaway Class A shares which currently trading at more than US $280000.
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At current rates, The bet of US $6.28 Million with possible winning of US $890 Million. The market price of a Class A share of Brekshire Hathaway is over US $288000. So, that bitcoin will have to go up more than 40 times of current price by 2023.
The truth is that there are several investors very sure about the long term price of the Bitcoin.

I hope..! After reading this news you feel happy that how much trust we have on our Bitcoin - The King of Cryptocurrency.

Thank You,
@pintubodala

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I hope that punter wins !

yes sir.. thank you for upvote.

Let see what will happen.

Justify the content and I invite you to join my trail to get our votes @jlalvarez

Thank you... @jlalvarez following you..

Betting is harmful for bitcoin

Betting on bitcoin price is harmful for your hard earn money not harmful for bitcoin..

helpful information thank you

Let's she what happened.

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thanks for tbis nice article