Max Keiser Sees Bitcoin Reaching $100,000
Well-known Bitcoin bull and TV host of Keiser Report, Max Keiser has recently reaffirmed his belief that it is perfectly possible for Bitcoin to reach $100,000 adding that he will be holding on to his BTC until this value is surpassed.
He quipped that when Bitcoin captures a piece of the gold market the worth of Bitcoin will reach astronomical highs that will overshadow all previous all-time-highs of Bitcoins that came before it.
Keiser states that one of Bitcoin’s advantages over traditional fiat money is precisely that there is a fixed and immutable amount of tokens.
He adds that no entity can generate an excess of circulating BTC that could cause a drop in prices as result of inflation.
However he emphasized that investors need not decide to leave one asset in favor for another as owning Gold and Bitcoin concurrently is absolutely possible and important to diversify risk.