Analyst who predicted bitcoin's rise now sees it hitting $300,000-$400,000
According to independent research analyst Ronnie Mouse, according to six figures, for $ 20,000, its warm journey will continue.
"Bitcoin has already suggested it to 500 percent in early July, and I'm looking for more than 500 percent more steps from here", Maus, founder of Standpoint Research, said a self-described "a group of operations" based in Miami.
In the summer, Moos noticed a $ 5,000 price on Bitcoin for 2018. At the time, digital currency was trading at just $ 2,600. Since then, it has been surged to $ 18,168 as of Monday, according to the price Coinbase track.
"The last game of Bitcoin is that it will hit $ 300,000 to $ 400,000 from my opinion, and it will be the most valuable currency in the world," Moas CNBC's "Rundown." Said
"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."
Analyst's comment came when CME, the world's largest futures exchange, has launched its own Bitcoin Futures Agreement. Earlier this month, the COO did the same job.
His aggressive bullish call - a $ 380,000 acquisition of today's price - based on the idea that only 21 million Bitcoins could never exist. The demand for digital currency will naturally increase its price, he said.
"I do not know how much gold is on the ground, but I know how much Bitcoin is, and in two years 300 million people in the world will try to get some millions of bits." The supply and demand balance of the price decrease. "
Not everyone agrees
Moas believes that he calls a conservative call on his value, but others disagree
Vasu Menon, Vice President, Well Management, located in Singapore-based Bank OCBC, said, "We think it is risky."
"I do not see a strong driver in this bitcane," he said.
But Mous said that the team is just starting.
"I look at Bitcoin the same way I look at Amazon," he said. "The way to play Amazon, in the last 15 years, was to buy, hold, and add to the dive, so in the same way I think people will have to play Bitcoin."