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Sunday, July 9, 2017

Stock Analyst Predicts Bitcoin Price to Reach $50,000 in 10 Years: Bloomberg

Stock Analyst Predicts Bitcoin Price to Reach $50,000 in 10 Years: Bloomberg

Seasoned stock picker Ronnie Moas, who has made more than 900 stock recommendations in the past 13 years, said that Bitcoin price will increase by twofold up to $5,000 in 2018, and will hit a staggering $25,000-50,000 in the next ten years.


As discussed in his one-man show at Standpoint Research, Moas, however, claimed that his forecast is for informational purposes only, Bloomberg reports.


Moas’ prediction is one of the testaments of the growing popularity of digital currencies in investment world.


In fact, equity investors who have had no previous involvements in cryptocurrencies are now beginning to evaluate and bet on such cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, as well as other Blockchain assets.


Full story at http://bit.ly/2u5WdZv


Source: CoinTelegraph


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