BITCOIN WILL HIT $400,000

in #cryptocurrency7 years ago (edited)

Analyst who predicted bitcoin's rise now sees it hitting $300,000-$400,000.

Bitcoin is already up 500 percent since I recommended it in the beginning of July, and I'm looking for another 500 percent move from here," said Moas, the founder of Standpoint Research, a self-described "one-man operation" based in Miami.”

https://www.cnbc.com/video/2017/12/17/an-amazon-strategy-for-bitcoin.html

“The end-game on bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world,” the independent research analyst said, as quoted by CNBC. According to the researcher, the bitcoin rally is boosted by the idea that only 21 million digital tokens can ever exist with rising demand for it naturally driving the price.

“I don’t know how much gold there is in the ground, but I know how much bitcoin there is, and in two years there will be 300 million people in the world trying to get their hands on a few million bitcoin,” Moas said.

Sources: https://www.cnbc.com/2017/12/17/bitcoin-price-ronnie-moas-sees-cryptocurrency-at-300000-400000.html

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