Kraken CEO Makes Interesting Prediction

One BTC Will Be Worth A Lamborghini By Year-End And A Bugatti In 2022, Kraken CEO Makes Interesting Prediction

By Brenda Ngari – March 31, 2021

Bitcoin has been on an incredible uptrend and bulls have come out in plenty to predict the future price of the world’s largest and oldest cryptocurrency. But surprise, surprise, Jesse Powell, CEO of cryptocurrency exchange Kraken strongly believes dollar-based BTC price forecasts are flawed due to fact that fiat money is prone to substantive inflation. Powell suggests that luxury marques like Lamborghinis and Bugattis are more accurate measures of bitcoin’s price in the future.

Kraken CEO Gives Flashy BTC Targets

During an interview with Bloomberg, Powell was asked where he sees the price of bitcoin by the end of this year to which he noted: “I think I said bitcoin is going to infinity and that’s kind of hard to comprehend because I’m measuring it in terms of dollars.”

A better measure, according to the Kraken CEO, is measuring the value of the asset based on premier luxury machines. One bitcoin is currently equivalent to Tesla Model 3. He posits that BTC investors will be able to purchase a Lambo by the end of the year. As for the end of next year, one bitcoin will be worth a Bugatti.

Powell indicated that it’s difficult to measure the value of bitcoin against the U.S. dollar due to its inflationary nature.

“To me and to the crypto community, I think those kinds of assets are easier to measure Bitcoin against because you never know where the dollar is going to be. There could be 10 times as many U.S. dollars out there a year from now, so it’s really hard to measure Bitcoin against the dollar.”

What Of Other Cryptocurrencies?

Responding to a question about the future of other alternatives to bitcoin, Powell mentioned Ethereum and Polkadot as the top cryptos gaining a lot of interest from investors. 

For Ethereum, he opines that there’s currently a process to move coins to the new proof-of-stake Ethereum blockchain which involves burning the old blockchain coins, essentially squeezing the ether supply. Powell also noted the non-fungible token (NFT) buzz that is boosting the use of the Ethereum blockchain. He predicts “north of 2,000 dollars a coin” for ETH by the end 2021.

Powell describes Polkadot as the “next Ethereum” owing to its advantage of lower fees.

“There are a lot of other coins that are being launched on top of this network, and I think you’ll see a lot of things that were on Ethereum be ported over to Polkadot for like lower transaction fees.”

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brenda Ngari and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Visit MarketHive to learn more: http://markethive.com/jeffreysloe

Solar Power Credit Can Get You A Slab Of Beer On Blockchain

Solar Power Credit Can Get You A Slab Of Beer On Blockchain

By RTTNews Staff Writer | Published: 3/31/2021 10:59 AM ET

Australia's Victoria Bitter has launched a Solar Exchange, which will enable beer lovers to swap their excess solar energy credit for slabs of Victoria Bitter beer. The offer will run through four quarters until 31 March 2022, during which a maximum of 30 slabs can be claimed.

Victoria Bitter has partnered energy retailer Diamond Energy and blockchain-powered energy trading company Power Ledger to develop the Solar Exchange.

The Solar Exchange program allows participants to exchange credit on their power bill, obtained from generating excess solar at home, for Victoria Bitter beer. Every $30 worth of credit can be exchanged for a slab of beer, which is then delivered straight to your door.

Power Ledger's blockchain-powered software will help the user to receive the excess energy data and the user can begin tracking their beer exchanges.

Victoria Bitter is one of the best selling beers in Australia produced by Carlton & United Breweries, a subsidiary of Asahi. A slab is an Australian slang for a carton of 24 beers.

Last year, the company began brewing Victoria Bitter beer under the Australian sun by brewing it with 100% offset solar energy. This program is a way to thank those who have made the effort to go solar.

Beer lovers can quickly sign-up quickly at www.vbsolarexchange.com.au to participate in the program as there are currently only 500 spots available. In order to participate in the program, consumers need to switch to Diamond Energy as their energy retailer. The program is available to residential householders only.

This program is part of Asahi's ambitious sustainability agenda, which includes the commitment to be powered by 100% renewable electricity by 2025. Victoria Bitter will receive the solar credits it obtains under the exchange from Diamond Energy and re-invest them back into the program or towards the business' broader sustainability goals.

In 2018, the company adopted renewable energy as the way forward with the signing of a 12-year Power Purchase Agreement for 74,000 MWh per year of renewable energy from the giant solar farm outside Mildura.

For comments and feedback contact: editorial@rttnews.com

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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

Article reposted on Markethive by Jeffrey Sloe

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BlackRock is trading Bitcoin futures

BlackRock is trading Bitcoin futures, how much BTC is held by institutions?

By Reynaldo Marquez – March 31, 2021 in Bitcoin, Cryptocurrency News Reading Time: 2min read

Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures.  BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform.

With $8.6 trillion in assets under management (AUM), BlackRock is one of the largest investment firms in the world. In an interview for CNBC, BlackRock CIO Rick Rieder stated in February they had “started to dabble” in Bitcoin.

According to the document, BlackRock invested $6.5 million in 37 futures contracts on the CME BTC-based derivatives. At the time of the allocation, BlackRock’s position was estimated to roughly represent far less than 1% of the firm’s investment fund. The firm claims gains of $360,000 on its initial investment. There is speculation that the contracts expired on March 26.

In the interview, Rieder stated that the current macroeconomic environment has forced investors to look for storehouses of value. Assets such as BTC offer appreciation and hedge against inflation, Rieder added:

My sense is the technology has evolved and the regulation has evolved to the point where a number of people find it should be part of the portfolio, so that’s what’s driving the price up (…). I wouldn’t put a number on the percentage allocation one should have, depends on what the rest of your portfolio looks like.

6% of Bitcoin supply held by institutions

At the time of writing, Bitcoin is trading at $58,722 with gains of 0.7% on the 24-hour chart. On the weekly and monthly chart, BTC posts gains of 8% and 31.1% respectively with a market cap of $1.09 trillion.

Earlier, Goldman Sachs announced the launch of its Bitcoin offering for its wealthiest clients. Comprised of a selection of products including Bitcoin futures and direct exposure to the cryptocurrency, the banking institution stated that they received pressure from their clients.

Something similar claimed Morgan Stanley a few weeks ago when it announced the rollout of 3 funds that will give exposure to BTC for its clients with accounts of more than $5 million. In recent days, cases of institutional adoption of BTC have been on the rise. Many represent a radical change in the institutions’ stance.

Data from Bitcoin Treasuries indicates that institutions that have purchased BTC are in possession of about 6.54% of its total supply or $79,494,670,635. MicroStrategy holds the largest amount with 0.4% of the supply or 91,326 BTC, followed by Tesla with 48,000 BTC and 0.2% of the supply.



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The original article was written by Reynaldo Marquez and posted on NewsBTC.com.

Article reposted on Markethive by Jeffrey Sloe

SEC Commissioner: “We’re Overdue On Approving A Bitcoin ETF”

SEC Commissioner: “We’re Overdue On Approving A Bitcoin ETF”

By Olivia Brooke – March 31, 2021

“Crypto Mom,” a title that was unofficially assigned to the U.S SEC Commissioner Hester Peirce by crypto users for her unending support for digital currencies might once again be paying off for the crypto ecosystem. The commissioner who recently sat down with Forbes addressed a lot of crypto-related questions that users have been itching to know.

Among the many Bitcoin-related questions Hester answered, her response to the possibility of a Bitcoin exchange-traded fund being approved is one of the most notable.

US investors who are looking to benefit from the perks of a bitcoin ETF have been hopeful that the recent proposals are considered and potentially approved. Per our previous report, the SEC acknowledged VanEck’s Bitcoin ETF, which is now awaiting a final verdict in April.

Crypto Mom’ says U.S Bitcoin ETF long overdue for approval

The commissioner acknowledged that approving a bitcoin ETF in the United States should have been done a long time ago, adding that the standards set for bitcoin ETF proposals may have been too high, implying that all previously rejected bitcoin ETF proposals, may have partly been caused by their unrealistic demands.

“My view has been that we’re overdue on approving one of these things. I also think we’ve dug ourselves into a bit of a difficult hole by setting standards for approval that are difficult to figure out how to satisfy. So I really don’t know where we’re going to go.” She told the interviewer.

Reminding the public that it’s crucial to note that the price of Bitcoin does not influence the decision-making process, she said: “What the price of bitcoin is doing is really not the business of the SEC. That’s not what we look at when we’re looking at other underlying markets.”

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Olivia Brooke and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Kraken CEO Makes Interesting Prediction

One BTC Will Be Worth A Lamborghini By Year-End And A Bugatti In 2022, Kraken CEO Makes Interesting Prediction

By Brenda Ngari – March 31, 2021

Bitcoin has been on an incredible uptrend and bulls have come out in plenty to predict the future price of the world’s largest and oldest cryptocurrency. But surprise, surprise, Jesse Powell, CEO of cryptocurrency exchange Kraken strongly believes dollar-based BTC price forecasts are flawed due to fact that fiat money is prone to substantive inflation. Powell suggests that luxury marques like Lamborghinis and Bugattis are more accurate measures of bitcoin’s price in the future.

Kraken CEO Gives Flashy BTC Targets

During an interview with Bloomberg, Powell was asked where he sees the price of bitcoin by the end of this year to which he noted: “I think I said bitcoin is going to infinity and that’s kind of hard to comprehend because I’m measuring it in terms of dollars.”

A better measure, according to the Kraken CEO, is measuring the value of the asset based on premier luxury machines. One bitcoin is currently equivalent to Tesla Model 3. He posits that BTC investors will be able to purchase a Lambo by the end of the year. As for the end of next year, one bitcoin will be worth a Bugatti.

Powell indicated that it’s difficult to measure the value of bitcoin against the U.S. dollar due to its inflationary nature.

“To me and to the crypto community, I think those kinds of assets are easier to measure Bitcoin against because you never know where the dollar is going to be. There could be 10 times as many U.S. dollars out there a year from now, so it’s really hard to measure Bitcoin against the dollar.”

What Of Other Cryptocurrencies?

Responding to a question about the future of other alternatives to bitcoin, Powell mentioned Ethereum and Polkadot as the top cryptos gaining a lot of interest from investors. 

For Ethereum, he opines that there’s currently a process to move coins to the new proof-of-stake Ethereum blockchain which involves burning the old blockchain coins, essentially squeezing the ether supply. Powell also noted the non-fungible token (NFT) buzz that is boosting the use of the Ethereum blockchain. He predicts “north of 2,000 dollars a coin” for ETH by the end 2021.

Powell describes Polkadot as the “next Ethereum” owing to its advantage of lower fees.

“There are a lot of other coins that are being launched on top of this network, and I think you’ll see a lot of things that were on Ethereum be ported over to Polkadot for like lower transaction fees.”

ecosystem for entrepreneurs
Markethive Advertisement

DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brenda Ngari and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Solar Power Credit

Solar Power Credit Can Get You A Slab Of Beer On Blockchain

By RTTNews Staff Writer | Published: 3/31/2021 10:59 AM ET

Australia’s Victoria Bitter has launched a Solar Exchange, which will enable beer lovers to swap their excess solar energy credit for slabs of Victoria Bitter beer. The offer will run through four quarters until 31 March 2022, during which a maximum of 30 slabs can be claimed.

Victoria Bitter has partnered energy retailer Diamond Energy and blockchain-powered energy trading company Power Ledger to develop the Solar Exchange.

The Solar Exchange program allows participants to exchange credit on their power bill, obtained from generating excess solar at home, for Victoria Bitter beer. Every $30 worth of credit can be exchanged for a slab of beer, which is then delivered straight to your door.

Power Ledger’s blockchain-powered software will help the user to receive the excess energy data and the user can begin tracking their beer exchanges.

Victoria Bitter is one of the best selling beers in Australia produced by Carlton & United Breweries, a subsidiary of Asahi. A slab is an Australian slang for a carton of 24 beers.

Last year, the company began brewing Victoria Bitter beer under the Australian sun by brewing it with 100% offset solar energy. This program is a way to thank those who have made the effort to go solar.

Beer lovers can quickly sign-up quickly at www.vbsolarexchange.com.au to participate in the program as there are currently only 500 spots available. In order to participate in the program, consumers need to switch to Diamond Energy as their energy retailer. The program is available to residential householders only.

This program is part of Asahi’s ambitious sustainability agenda, which includes the commitment to be powered by 100% renewable electricity by 2025. Victoria Bitter will receive the solar credits it obtains under the exchange from Diamond Energy and re-invest them back into the program or towards the business‘ broader sustainability goals.

In 2018, the company adopted renewable energy as the way forward with the signing of a 12-year Power Purchase Agreement for 74,000 MWh per year of renewable energy from the giant solar farm outside Mildura.

For comments and feedback contact: editorial@rttnews.com

ecosystem for entrepreneurs
Markethive Advertisement

Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

Article reposted on Markethive by Jeffrey Sloe

Bitcoin jumps past 59K as PayPal launches crypto payments at 29M merchants

Bitcoin jumps past $59K as PayPal launches crypto payments at 29M merchants

The latest adoption step for Bitcoin and some altcoins will receive official confirmation on Tuesday, PayPal tells Reuters.


Image courtesy of CoinTelegraph

            MAR 30, 2021

Bitcoin (BTC) neared $60,000 on March 30 after PayPal confirmed that it had formally launched cryptocurrency payments.


BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview (Click image for larger view)

PayPal: Crypto is now "legitimate funding source"

Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD hitting a ten-day high on Tuesday as details appeared in the mainstream press.

According an exclusive report from Reuters, PayPal is set to release a formal announcement later on the day in which it will unveil its long-awaited cryptocurrency payment feature for U.S. customers.

The company caused a stir last year when it confirmed its venture into crypto, with the rollout ultimately set to extend to all users and 29 million merchants.

“This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet,” President and CEO Dan Schulman told Reuters.

While PayPal will not focus solely on Bitcoin, BTC price action reacted favorably to the reports, passing February's prior all-time high of $58,300 to manage $59,200 at the time of writing.

A look at orderbook data from Binance showed sellers still lined up between current spot price and historic highs of $61,700.

Continuing, PayPal referenced a watershed moment for cryptocurrencies in general, with Schulman describing them as a "legitimate funding source."

“We think it is a transitional point where cryptocurrencies move from being predominantly an asset class that you buy, hold and or sell to now becoming a legitimate funding source to make transactions in the real world at millions of merchants,” he added.

Woo: Bitcoin heading to "millions of dollars"

Long a skeptic, PayPal's official line now chimes with some of Bitcoin's most forward proponents. Among the most bullish long-term forecasts this week was that from statistician Willy Woo, who in an interview said that a single Bitcoin would ultimately become worth "millions of dollars."

"There's no way that Bitcoin's going to stop at the market cap of gold, which is $10 trillion; it's going to go a lot higher, which means that we're going to be going into the millions of dollars per coin," he told Real Vision's Laura Shin.

Also featuring was veteran trader Peter Brandt, who in a now widely-circulated comment said that he had completely changed his perspective on Bitcoin.

"My mindset has changed… from bitcoin as a trade to bitcoin as a measure of wealth," he said.

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Original article posted on the CoinTelegraph.com site, by William Suberg.

Article re-posted on Markethive by Jeffrey Sloe

Visit MarketHive to learn more: http://markethive.com/jeffreysloe

Bitcoin nears all-time highs Here’s why 73K is the next key level to watch

Bitcoin nears all-time highs — Here's why $73K is the next key level to watch

Bitcoin is rebounding from last week's lows and is nearing $60,000 once again.


Image courtesy of CoinTelegraph

            MAR 30, 2021

The price of Bitcoin (BTC) saw a correction in the run-up to the record options expiry last Friday. However, nothing happened despite some expecting a massive move on the same day. The actual correction occurred before the event. On the day itself, Bitcoin's price has bottomed out and began to rally.

The ongoing rally above $59,000 is being fueled by bullish news from Visa and PayPal as both are getting into Bitcoin and cryptocurrency payments. Put differently, the market is very much in the middle of the bull cycle and any correction is a blessing to traders and investors.

Critical support zone holds for more upside


BTC/USDT 3-day chart. Source: TradingView (Click image for larger view)

As the chart above shows, the critical support area between $49,500 and $51,000 was just tested last week. Since the support held, another higher low was made, resulting in renewed upward momentum, which is playing out this wee.

The entire structure since September is massively bullish when the market broke above $12,000 and started to accelerate. The previous higher low was made at $42,000, which then became the critical support area to hold. As Bitcoin's price didn't even need such a heavy correction this time around, the recent low at $49,500-$51,000 can be classified as the new higher low.

Therefore, the next points of interest can be made through the Fibonacci extension, where $73,000 and $92,000 become the next points of interest if Bitcoin's price breaks above the current all-time high at around $61,000.

The total market cap looks bullish


Total market capitalization cryptocurrency 3-day chart. Source: TradingView (Click image for larger view)

The total market capitalization shows a similar support test as the $1.5 trillion levels were critical to hold.

Since the total market cap of crypto survived that correction, more upside is very likely as the all-time high regions will be tested.

If further strength is being demonstrated, the next points of interest for the total market cap can be found at $2.2 trillion, which is also confirmed by the Fibonacci extension.

Bitcoin dominance chart approaches a critical zone


BTC Dominance 3-day chart. Source: TradingView (Click image for larger view)

The dominance chart of Bitcoin shows a critical breaker for more downside. If the dominance drops below 60%, an assumption can be made that a sharp drop will occur toward 50%.

That's not unlikely to happen since the summer period is often very favorable for altcoins. 2020 saw big rallies during this period, and investors remember the summer of 2017.

History may certainly repeat once more as many altcoin charts are looking bullish for breakouts against Bitcoin. Therefore, for alt season to happen, the price of Bitcoin must be relatively stable or slowly grind upward, which is currently the case.

A possible scenario for Bitcoin


BTC 4-hour chart. Source: Tradingview (Click image for larger view)

The 4-hour chart of Bitcoin shows a clear uptrend since its recent bottom at $50,000.

However, several critical support levels are being established during this rebound. Right now, the important area to hold is $56,000. As long as that region maintains support, more upside is likely for the market. This puts new all-time highs and potentially $73,000 on the table.

On the upside, the critical area to break is shown by the red box, specifically $59,000-$60,000. Until then, altcoins will probably continue to gain momentum, and even if Bitcoin makes new all-time highs, altcoins will most likely follow suit.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Original article posted on the CoinTelegraph.com site, by MICHAËL VAN DE POPPE .

Article re-posted on Markethive by Jeffrey Sloe

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Chainlink’s Hackathon offers 125K in bounties LINK going to 100?

Chainlink’s Hackathon offers $125K in bounties, LINK going to $100?

By Reynaldo Marquez – March 1, 2021 in Chainlink Cryptocurrency News Reading Time: 2min read

With a start date of March 15th, The Spring 2021 Chainlink Virtual Hackathon records more than 3,500 participants. According to an official post, the participants are “building the next generation of smart contracts”.

The event will end on April 11th. However, those who wish to claim the $125,000 will have until today to register and qualified for the $125,000 bounties. The post claims:

The three-week event is an opportunity for developers throughout the Chainlink ecosystem to connect, collaborate, build and showcase innovations in DeFi, NFTs, gaming and universally connected smart contracts using Chainlink’s blockchain-agnostic oracle network and leading web3 technologies.

The prizes will be divided into $3,000 NFT and gaming, a $5,000 award for “social impact”. The latter has been made possible with a parentship with UNESCO Global Education Coalition. And a Chainlink grant that will go to the project accomplishes the following:

(…) the hackathon project that integrates Chainlink with the highest potential to deliver meaningful social impact in education.

At the event, there are projects like “dynamic NFTs powered by Chainlink VRF that incentivize and gamify education to reduce school dropout rates and support lifelong learning”. This could become the next step for this technology, according to Mickey Graham, Head of Growth at Chainlink Labs, so that NFT can be able to interact with oracles. Graham said:

Over time, I believe we’ll see NFTs evolve and transition into more dynamic assets, where external data and events that happen off-chain power upgrades or changes in NFTs.A great example of this, and one we’d love to see built during the Spring 2021 Hackathon, would be an NFT-powered learning badge for a skills-based course that is upgraded or powered up as off-chain modules are completed and recorded on-chain.

Is LINK going to a $100?

LINK is currently trading at $27,93 with 0.1% gains in the 24-hour chart. In the past weeks, LINK records 2.4% gains and 6.2% in the past month.


LINK showing small gains in the 24-hour chart. Source: LINKUSDT Tradingview

Highly bullish on LINK’s performance, trader Michaël van de Popper predicts a possible bull-run towards $100. Claiming LINK’s price is close to “bottoming out”, he recommended investors keep an eye on the $19,5 to $20,75.

The trader considers the above range to be acting as support and could be a good opportunity for investors looking for a good entry into the cryptocurrency if it retraces to those levels. The trader also set $34 as LINK’s next target before going towards a new all-time high.

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The original article was written by Reynaldo Marquez and posted on NewsBTC.com.

Article reposted on Markethive by Jeffrey Sloe

Visit MarketHive to learn more: http://markethive.com/jeffreysloe

Bitcoin jumps past $59K

Bitcoin jumps past $59K as PayPal launches crypto payments at 29M merchants

The latest adoption step for Bitcoin and some altcoins will receive official confirmation on Tuesday, PayPal tells Reuters.


Image courtesy of CoinTelegraph

            MAR 30, 2021

Bitcoin (BTC) neared $60,000 on March 30 after PayPal confirmed that it had formally launched cryptocurrency payments.


BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview (Click image for larger view)

PayPal: Crypto is now “legitimate funding source”

Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD hitting a ten-day high on Tuesday as details appeared in the mainstream press.

According an exclusive report from Reuters, PayPal is set to release a formal announcement later on the day in which it will unveil its long-awaited cryptocurrency payment feature for U.S. customers.

The company caused a stir last year when it confirmed its venture into crypto, with the rollout ultimately set to extend to all users and 29 million merchants.

“This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet,” President and CEO Dan Schulman told Reuters.

While PayPal will not focus solely on Bitcoin, BTC price action reacted favorably to the reports, passing February’s prior all-time high of $58,300 to manage $59,200 at the time of writing.

A look at orderbook data from Binance showed sellers still lined up between current spot price and historic highs of $61,700.

Continuing, PayPal referenced a watershed moment for cryptocurrencies in general, with Schulman describing them as a “legitimate funding source.”

“We think it is a transitional point where cryptocurrencies move from being predominantly an asset class that you buy, hold and or sell to now becoming a legitimate funding source to make transactions in the real world at millions of merchants,” he added.

Woo: Bitcoin heading to “millions of dollars”

Long a skeptic, PayPal’s official line now chimes with some of Bitcoin’s most forward proponents. Among the most bullish long-term forecasts this week was that from statistician Willy Woo, who in an interview said that a single Bitcoin would ultimately become worth “millions of dollars.”

“There’s no way that Bitcoin’s going to stop at the market cap of gold, which is $10 trillion; it’s going to go a lot higher, which means that we’re going to be going into the millions of dollars per coin,” he told Real Vision’s Laura Shin.

Also featuring was veteran trader Peter Brandt, who in a now widely-circulated comment said that he had completely changed his perspective on Bitcoin.

“My mindset has changed… from bitcoin as a trade to bitcoin as a measure of wealth,” he said.

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Original article posted on the CoinTelegraph.com site, by William Suberg.

Article re-posted on Markethive by Jeffrey Sloe