Bitcoin to hit $20,000 by December 2018 according to Mike Novogratz

in #cryptocurrency • 7 years ago (edited)

Mike Novogratz, the former macro hedge fund manager at Fortress Investment Group who has joined the mad dash for crypto-currencies, predicts the value of a bitcoin will soar to $20,000 by the end of 2018, fueled in part by his believe mainstream institutional investors are about six to eight months from adopting the volatile crypto-currency.

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Posted on SydesJokes Blog

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7 years ago in #cryptocurrency by
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     7 years ago 
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     7 years ago 
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     7 years ago (edited)

    "The days where anyone could make money mining Bitcoin with a desktop computer or GPU cards are unfortunately long gone. The total computing (or “hashing”) power of the network has risen exponentially since the introduction of application-specific integrated circuits (ASICs), or machines designed specifically to solve Bitcoin’s mining proof-of-work algorithm and nothing else."

    Isn't that the case now?

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       7 years ago 

      20K might be a bit too much but yeah you never know:)

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       7 years ago 

      omg it's seems mind blowing great ... that will be great then 😄

      [-]
       7 years ago (edited)

      Isn't that expectations too high?

      Any way anything could happen bitcoin made it from less than a dollar to it current rate

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       7 years ago 

      SydesJokes Colin Sydes tweeted @ 21 Nov 2017 - 11:24 UTC

      #Bitcoin to hit $20,000 by December 2018 according to Mike Novogratz csyd.es/1/820 #Cryptocurrency… twitter.com/i/web/status/9…

      Disclaimer: I am just a bot trying to be helpful.
      [-]
       7 years ago 

      mind bobling just feels like tinnnn sound to my head
      @sydesjokes nice share

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       7 years ago 

      $20,000. Thats too much. I doubt it eill get to that amount but $10,000 is quite possible. But anything could happen so.

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         7 years ago 

        If I had a bitcoin for every prediction that bitcoin was dying... So I have no doubt it will keep climbing.

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           7 years ago 

          Ha ha, tend to agree @berolena it has not stopped climbing, takes a stumbles catches it's 'breath' and goes on again. Thanks for another awesome post @sydesjokes

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             7 years ago 

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