Cryptocurrency adoption keeps growing all over the world. Long-term investors may use charts to try to identify areas f support and resistance. As such, youll commonly find him on Twitter making new price predictions based on the, bitcoin booms momentum. Now, we cant count our eggs before theyve hatched. About that, he is convinced that the cryptocurrency is the future and that the virtual currency market will gain its place among fiat currencies. In a November 30th interview on Fox Business, Novogratz unabashedly declared that. The Winklevoss twins emphasized that they will not sell their bitcoins even if the price surpasses 380,000 dollars.
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Tim Draper The cryptocurrency expert and venture capitalist, Tim Draper, has also given its opinion about the future price of Bitcoin. He commented during an interview with Bloomberg. In order to explain why bitcoin could grow up to 40 times, he compared the cryptocurrency market capitalization with the market cap of gold. At this point, all we need is to divide 50 trillion by the number of bitcoins in existence. The blockchain technology is proving to be a very secure way to facilitate payments, and the decentralized nature of the network can also make t more secure.
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