Bitcoin could rise to $ 100,000 despite a "spoofy trader"

After its split, the crypt diet has risen to an all-time high of more than 3,400 US dollars at the beginning of the week. Even if an unknown manipulator is just spreading horror: A value of $ 100,000 could soon be possible, an expert says.

Record high instead of downfall: In the previous week, Bitcoin were split into a classic and a "Bitcoin Cash" variant. The background was a bit of bit-owned by Bitcoin owners and Miner, as the protocol behind Bitcoin is to be further developed. The horror reports of one end of the digital currency did not meet - on the contrary.

Classic bitcoin climb daily new record values. After the currency at the beginning of the week had cracked the mark of 3,400 US dollar, it noted on Tuesday more clearly about it and showed no weaknesses. The end of the direction of the market is obvious to the market. In addition, many participants see new indications of an increase in value.

Moor's law - the rule of thumb of digitalization
Dennis Porto, Bitcoin investor and Harvard scientist said in an interview with the magazine "Business Insider" that the Bitcoin price could also reach a price threshold of 100,000 dollars per unit when the development of the moor The law.

The law is one of the "golden rules" in the IT world and a fist form for rapid developments within the "Digital Revolution". The principle, formulated by Intel co-founder Gordon Moore in 1965, shortens the fact that approximately every 18 to 24 months doubles the performance of processors.

Until now, Bitcoin has overcrowded the law. Ever since, the value has doubled every eight months, according to Porto. Moor's law refers to the number of transistors in a circuit, but can be applied to any digital technology, the magazine cites the expert. The doubling trend could continue until Bitcoin reached the mass application. A value of $ 100,000 would be reached by February 2021 at the latest.

The reindeer
There is no guarantee for a further exponential development. With the dangers and uncertainties owners of digital currencies have to deal constantly. At the moment, an unknown manipulator spreads fear and fright in the community. On the Krypto-Börse Bitfinex is reported by a trader, who manipulates the prices at Bitcoin and other cryptic diseases.

The participant has extremely high dollar and bitcoin stocks. He shakes the markets through massive buying and selling orders, which he clears before they are exercised. Participants who use this technique to get the nickname "spoofy." Spoofing is forbidden to conventional exchanges