Stock Analyst Predicts Bitcoin Price to Reach $50,000 in 10 Years: Bloomberg
"Seasoned stock picker Ronnie Moas, who has made more than 900 stock recommendations in the past 13 years, said that Bitcoin price will increase by twofold up to $5,000 in 2018, and will hit a staggering $25,000-50,000 in the next ten years.
As discussed in his one-man show at Standpoint Research, Moas, however, claimed that his forecast is for informational purposes only, Bloomberg reports."
Continue reading: https://cointelegraph.com/news/stock-analyst-predicts-bitcoin-price-to-reach-50000-in-10-years-bloomberg
UPVOTE & RESTEEM
I think that's a realistic, if optimistic, estimate. We HAVE seen bitcoin shoot up similarly before, and it's certainly possible for it to happen again, but I think we have to worry about the future of Bitcoin a bit with recent developments and the limitations of the currency.
We just have to wait and see.
Let's see what happens August 1st.
I agree with you.
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