cnbcs. Follow us on, telegram or subscribe to our newsletter here. This is a more bullish price target than the prediction from Ronnie Moas. Yet, regardless of this critics of the digital currency remain. Twitter and Square co-founder Jack Dorsey has also talked up bitcoins potential as the the next big unlock this week.
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Presa Altcoins (Monede Alternative) Skandinavisk Türkçe (Turkish) Bitcoin Haberleri Pazar Alan Madencilik Ekonomi Servisler Fonlar Proje Gelitirme Alternatif Kripto-Paralar Madencilik (Alternatif Kripto-Paralar) Duyurular (Alternatif Kripto-Paralar) Konu D Yeni Balayanlar Yardm Bulumalar Other languages/locations. So much so, that the combined crypto market is now worth a record 309.9 billion, making it more valuable than Visa, at 254 billion, and the Bank of America, at 277.3 billion. The analyst and founder of Standpoint Research believes that bitcoin will see a price of 14,000 in 2018, after revising it from his initial 11,000 figure. He said: Bitcoin could be at 40,000 at the end of 2018. Forbes counted 15 new hedge funds poised to launch this year. Interestingly, Hong Kong-based cryptocurrency exchange Gatecoins marketing chief, thinks that despite the booming increase in bitcoins value, it remains undervalued.
Whereas, Mitchell Goldberg, head of ClientFirst Strategy, said to clients that he remains cautious of it, believing that it is similar to the dot com bubble, adding that weve entered the final and stupidest part of the bull market. Despite this, though, interest in the market is increasing at a rapid rate. Its acting as a disaster hedge, much like gold, as global geopolitical tensions are ratcheting. Ethereum, which I think just touched 500 or is getting close, could be triple where it is as well. Its currently trading for over 4,100 a coin, having broken the 4,000 mark in the early hours of Aug. Bitcoins skyrocketing price is showing no signs of slowing. Speaking in a televised interview with Bloomberg, Thomas Glucksmann, said: If you look at the long-term potential of the technology in the next 10, 20, 30 years, 10,000 is cheap in my opinion.
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