💯 First 10k, then 100k? What's Next for Bitcoin

What's going on: Bitcoin seems unstoppable at the moment. And while there could be a correction any time, it's quite interesting what some of the most profilic Bitcoin-investors have to say.

First one is Mike Novogratz, billionaire and ex-fund manager, who some of you may know for some of his really good interview-segments. He sees Bitcoin at 10,000 US-Dollar at the end of 2017. He told Bloomberg yesterday: "I think we'll hit a new high soon ... we'll end the year at $10,000 in bitcoin." Novogratz also sees a bright future for Ethereum. He thinks that "there are a lot of positive things happening in the ethereum ecosystem", and that the it will end the year at a price of 500 US-Dollar (remember that 1 ETH was worth about 3 US-Dollar at the start of 2017).

Max Keiser, who hosts the show Keiser Report on Russia Today, goes a step into the future and believes that Bitcoin will ultimately reach a price of 100,000 US-Dollar: “Bitcoin will dominate and lead crypto going forward. Hundreds of obituaries have been written about Bitcoin and none of them have come true and none will. Fact is, Bitcoin is a gift from God to help humanity sort out the mess it has made with its money.” He also thinks that Bitcoin should focus on what it is doing best: being digital gold. And while he does that, he takes a strong point in favor of Dash: “Dash is emerging as the crypto payment rail while Bitcoin asserts itself as Gold 2.0. I suggest those frustrated by the Bitcoin scaling debate to embrace Dash for payments and leave Bitcoin Core alone to continue working on Gold 2.0.”

Why should I care: I normally don't write about price predictions, because they are in most cases pure speculation. But in this case it's a little different, because Novogratz and Keiser are among the loudest voices in terms of cryptocurrency investments. Maybe not for geeks, who know which subreddits or Twitter-accounts to follow (and of course which newsletter to subscribe), but for a broader range of people, who watch and read old-school financial news on Bloomberg or Russia Today. In my opinion 10,000 for Bitcoin at the end of the year seems absolutely legit, beyond that we will have to see.

Source: bloomberg.com, coindesk.com, cointelegraph.com
GIF: giphy.com

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