#1 BITCOININFO
Ronnie Moas Predicts Bitcoin Will Hit $ 20,000 In Three Years. Standpoint Research founder and analyst Ronnie Moas has projected that Bitcoin will reach a value of $ 15,000 - $ 20,000 by the end of 2020. Cryptocurrency continues, tempting several times with $ 4,500. This makes a Bitcoin worth about three ounces of gold. Moas projections for the cryptocurrency market According to Moas, the total market capitalization of all virtual currencies will jump from today $ 150 billion to $ 2 #trillion in the next 10 years. He also compared the outstanding performance of the digital currency market with "dot-com boom" in the 1990s. "I no longer have an interest in #Bitcoin #being in #record #high than #Amazon or #Google investors are worried when the share price # generates hundreds of shares of #percent and reaches $ 100 and $ 200 a few years back.Today, it is above $ 900. #question is not where we are - where are we going? I do not think we are in a bubble. "Previous predictions from Moas including Bitcoin reach $ 5,000 in the next few months and Ethereum doubled this year . Some negative views about the cryptography market Despite the phenomenal performance of the digital currency market, not all are convinced of its long-term viability. One skeptic is investor Peter Schiff, who previously predicted the 2008 mortgage crisis. According to Schiff, Bitcoin and other virtual currencies are in bubbles and are simply Ponzi schemes that are driven by "just plain greed." Based on these comments, it is unclear whether Schiff knows the definition of "Ponzi scheme."