Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC

in #bitcoin7 years ago

Tom Lee, Head Research of Fundstrat Global Advisors and Former Managing Director of JP Morgan Chase, said in his recent interview with CNBC’s Fast Money program that the value of Bitcoin is likely to be heading $25,000 in five years.

Source: CoinTelegraph

Here is part of the interview:

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may be someday

We've seen many speculation which says bitcoin price will rise a lot in 5-10 years with optimism. I think it's too good to be true, but i hope it will be true.

Also, is it coincidence that he's Former Managing Director of JP Morgan Chase ?

The actual price of bitcoin has been higher than many speculations in recent months. I think it's not far-fetched that it rises to 5 times current ATH.

Bitcoin will receive a lot of attacks next year.
The easy time is over. Price will grow much more slowly than before.
But Global CryptoCurrency market will grow faster.

I wonder if bitcoin will be a controversial media topic in the upcoming months. Going up and down as hell with every famous/influential person who approves it or is against it. Long term, it's a steady up for sure though.

nice and interesting photos ..
good post

some others predict 100k or 200k within 5 to 10 years... and McAfee offered to eat his dick, live on tv, if it fails oO

Yup, he seems to be pretty confident about the 500k price.

this is great content for steemit ghasemkiani!

Hopefull, Will be true

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