Bitcoin to hit $10,000 in 6-12 month?

in #cryptocurrency7 years ago (edited)

Michael Novogratz talked about his enitial investement in ethereum where he turned $500,000 into $250,000,000 and is now starting a $500,000,000 hedge fund investing into blockchain space.

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He thinks Bitcoin will hit $10,000 in 6-12 month, thats a 2X increase and he has some interesting reasons for why he thinks that.

He talks about how bitcoin could be a bubble but a bubble that will fundamentaly change the way we live.

Back in the 1990's the internet was a bubble but it fundamentaly changed the way we live and interact with each other. Google, Amazon, AirB&B, Uber, Facebook to name a few are some big companies that came into excistence because of the internet. Imagine how different life could have been without it. Well blockchain has the potential to change the world in ways we can not even yet imagine.

Anyway i will link to the article and his interview here - https://www.cnbc.com/2017/10/10/bitcoin-heading-over-10000-in-six-to-10-months-former-fortress-hedge-fund-manager-says.html

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