Max Keiser: BTC to $100,000
Ever-the Bitcoin bull, Max Keiser has declared that he thinks Bitcoin’s top will be $100,000. According to Russia Today, the network on which Keiser has a regular slot on global economics, Keiser stated in an interview that the world’s leading digital currency is a “gift from God to help humanity”.
The cryptocurrency advocate went on to elaborate his predictions for the alt-coin market. For him, those currently at the top would likely remain whilst many would disappear:
“Ninety percent of trading is in the top 20 coins, and that will continue. Coins will come and go. The composition of the top 20 will change less frequently. It’s similar to the thousands of stocks that trade on the NYSE and NASDAQ. Over the years, many disappear, new ones are listed. The difference being that with crypto, things move 100 times faster.”
It took a few years for Google, Facebook and Amazon to start up after the world wide web was invented, so we could still see new coins get into the top 20 and maybe overtake what we have now. Bitcoin should remain dominant because its the one most people buy to get into cryptocurrency, and should stay that way, but I wouldn't be surprised to see many changes in the current top 20.
I do hope that it will reach its high mark before the end of 2017. I invest bitcoin from my savings and I expect a large profit from staking. This is a good information for us newbie here in steemit. Happy Thanksgiving Day.