Tag Archives: cryptocurrency

Bitcoin Bull Draper Doubles Down on 250000 BTC Price Target

Bitcoin Bull Draper Doubles Down on $250,000 BTC Price Target

Bitcoin to Surge 20x In Four Years?

Bitcoin is still trading 40% below its all-time high of $20,000. Despite this, investors in the industry still are star-struck, looking to lofty price points that they one day believe BTC will manage to reach.

Tim Draper, a prominent Silicon Valley venture capitalist, recently doubled down on one of these lofty price predictions. Speaking to Yahoo Finance’s “YFi PM” segment, the cryptocurrency pundit, who bought his first Bitcoin over five years ago and famously participated in the government’s auction of Silk Road-sourced BTC, explained that he believes that the cryptocurrency will hit $250,000 by 2022. He added that should the 2022 timeline not work out, he’s expecting Bitcoin to achieve that price by Q1 2023 at the latest.

For some perspective, Bitcoin rallying to $250,000 from current levels would imply an approximated 2,000% increase. Four years may seem to short for such appreciation, but, remember, cryptocurrencies are a paradigm-shifting technology with an absurd amount of volatility.

In previous interviews, he reasoned that using fiat monies, which he calls “poor” (referring to their quality), are illogical, citing their controllability, lack of transparency, and subjectivity to political and social whims on the day-to-day. And as the American investor argues that most of the brightest developers, engineers, and academics are working on digital assets, Draper opines that there could be a large capital flight from fiat to crypto over time. He elaborates:

“My belief is that over some period of time, the cryptocurrencies will eclipse the fiat currencies. That would be a 1,000 times higher than what we have now.”

Not the Only $250,000 Caller

Draper isn’t the only industry insider to be eyeing a $250,000 Bitcoin. As reported by Ethereum World News previously, Trace Mayer, one of the earliest public Bitcoin investors (like 2010/2011 early) and an investor in prominent crypto exchange Kraken, explained earlier this year that he believes that BTC is soon to embark on a rally that will “blow your hair back”. In fact, the investor stated that Bitcoin could easily hit anywhere from $100,000 to $250,000 in the next bull rally.

What Mayer used to back his call is the stock-to-flow ratio (SF ratio), popularized in the industry by Saifedean Ammous and Raoul Pal. Twitter statistician PlanB has since adapted the SF ratio to a price model for Bitcoin. The analyst claims that there is an exponential relationship between a rare commodity’s inflation rate (SF ratio) and its market capitalization.

His model suggests that after Bitcoin’s next block reward reduction — also known as a halvening or halving — BTC will have a fair value of a $1 trillion market capitalization, which translates to approximately $55,000 per coin. So no, maybe $250,000 isn’t inbound just yet, but by the next halving, maybe so.

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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Institutional Investment Advisor: Bitcoin BTC Will be Bought by Hedge Funds

Institutional Investment Advisor: Bitcoin (BTC) Will be Bought by Hedge Funds

Bitcoin Makes No Sense to Wall Street

For the most part, traditional hedge funds have avoided Bitcoin like it’s the plague. Just look to the front page of CNBC and other mainstream business news outlets, which often push articles that cite mainstream economists and legendary fund managers — like Warren Buffett and Ray Dalio — in which it is stated that the subjects don’t believe in Bitcoin in the slightest.

Other notable players in finance and politics, including incumbent U.S. President Donald Trump, have echoed this analysis, using phrases like “thin air” and “unbacked” to get their point across. You see, unlike traditional stocks and assets, Bitcoin doesn’t provide a fixed yield, a dividend, or produce cash flow. Thus, to most in the traditional investment world, it makes no sense, and thus fits into no existing investment theses or strategies.

The technology itself is also abstract. “What’s a blockchain?” Traditional fund managers likely ask whenever they see it appear on their Bloomberg Terminal.

BTC to Become Part of Hedge Funds’ Portfolios

But this may be changing. Speaking to CNBC, Don Steinbrugge, the chief executive of Agecroft Partners — a hedge fund and institutional investment consultancy firm — made it clear that BTC should (and does) make sense for traditional funds, despite their hesitancy.

He explained to the outlet that he believes that Bitcoin has had an “amazing run” and sports “fantastic technology”. It wasn’t clear which part of the Bitcoin blockchain he was referring to, but BTC, compared to traditional fiat systems, is faster, cheaper, decentralized, and more transparent. Steinbrugge went on to point out that some investors have been using BTC to hedge against inflationary risk, likely touching on the mass usage of the cryptocurrency in nations stricken with unsustainable levels of inflation, which includes Venezuela.

He went on to note that macroeconomic uncertainty and tumult is worrying him. Bitcoin, of course, is widely becoming recognized as a hedge — a gold 2.0 if you will — that has the potential to perform well in tumultuous times.

Interestingly, he did call Bitcoin “very expensive”, adding that it is hard to “value” (maybe look to PlanB’s stock-to-flow model). But, he asserted that Bitcoin is “going to be here for a long time”, adding that eventually, it will become a part of the portfolios of “a lot of hedge funds”.

This may just make sense. Delphi Digital, a cryptocurrency research firm, discovered a few months back that adding 3% of Bitcoin to a traditional portfolio actually improve its Sharpe Ratio — a financial measure used to gauge risk-return profiles. And Binance Research recently echoed this, revealing in a report that including BTC in “traditional multi-asset class portfolios provides overall better risk-return profiles.”

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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Investor: If Bitcoin Falls Under 6000 I’ll Get Real Nervous

Investor: If Bitcoin Falls Under $6,000, I’ll Get “Real Nervous”

Mainstream media outlets have been incessantly covering the crypto space over the recent weeks. Most notably, CNBC has hosted countless executives, investors, and commentators in the industry to talk about Bitcoin, Libra, and other facets of this budding ecosystem.

After hosting prominent names like Meltem Demirors, Anthony Pompliano, Kevin O’Leary, Jeremy Allaire, and countless others to talk about cryptocurrencies on-air, the outlet’s “Squawk Box” called on Mike Novogratz on Thursday to divulge his thoughts on where Bitcoin is sitting today.

Bitcoin Price Expectations

Novogratz, the incumbent chief executive of Galaxy Digital, recently sat down with the “Squawk Box” panel to comment on recent developments in the cryptocurrency space, focusing on the recent tumult in the Bitcoin markets, which brought BTC below $10,000.

He told the panel that if Bitcoin heads below $8,500, which is currently a scenario being floated in the analysis of many traders, he will “get nervous”. And if it goes below $6,000, Novogratz adds that would make him “real nervous”.

For those who missed the memo, this is in reference to recent comments he made to Bloomberg last week, claiming that he expects for Bitcoin to enter healthy consolidation between $10,000 and $14,000.

What’s interesting is that Novogratz leaning bullish overall. In the CNBC interview, he mentioned that he has well over 7% of his personal wealth in Bitcoin. And in the Bloomberg interview, which Ethereum World News covered in a previous report, he stated that $20,000 for Bitcoin in the coming months could be possible. He backed this pseudo-prediction by touching on the fact that institutional involvement should catalyze a new wave of investment in cryptocurrencies, especially Bitcoin. He stated:

“I’m not selling the next time we hit $14,000. The second time we reach that level, [there may be] a move to $20,000. I don’t expect this to happen in the next few weeks: I don’t expect it to the middle or the end of the fourth quarter. But the next wave will come when the institutions — the state of X, Texas Teachers Union, and those guys — come in, and then you will see Bitcoin hit $20,000 and higher.”

Is $6,000 Possible?

With Novogratz’s comments in mind, it would be prudent to point out that there has been some legitimate talk of a return to $6,000. Dave the Wave, a prominent analyst on Twitter that focuses on Bitcoin’s long-term growth trends, recently explained that a move to that level is entirely logical.

He notes that around $6,000 is where Bitcoin’s logarithmic growth trend, which BTC has historically flirted with to kickstart a bull run, is currently sitting. Moving back down to these levels would also put BTC back on a path to proper “price discovery” and would ensure that the cryptocurrency doesn’t violate any historical cycles.

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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Facebook Report: Libra May Never Launch

Facebook Report: Libra May Never Launch

The said launch of Libra, Facebook’s digital currency, has created a wide schism in the world of cryptocurrencies. Some believe that Libra is too centralized for the world’s good. Some back it as a ramp for crypto mass adoption. In the past weeks, Facebook has however faced more significant opposition from without, with US politicians relentless in their criticism. Now, in Facebook’s latest Q2 report, the social media giant has warned that it could back down on the Libra project, as a result of the backlash.

In the report sent to the US Securities and Exchange Commission (SEC), Facebook says:

“There can be no assurance that Libra or our associated products and services will be made available in a timely manner, or at all.”

Facebook further adds that evolving and uncertain regulations and laws around digital currencies could impede Libra’s launch.

Lack of Prior Crypto Experience

The platform, although with over 2.41 billion monthly active users, further admits that it lacks prior experience with blockchain and crypto technologies. They further said that this disadvantage could affect its ability to not only develop Libra but market it as well.

While testifying to the House Financial Services Committee, David Marcus, the CEO of Calibra, has faced an increasingly harsh reception. D-Calif’s Rep. Brad Sherman has shockingly compared Libra’s operational consequences to those of the 9/11 terrorist attacks. Earlier, he said:

“The most innovative thing that’s happened this century is when Osama bin Laden came up with the innovative idea of flying two airplanes into towers. That’s the most consequential innovation, although this may do more to endanger America than even that.”

Sherman has further asked that Mark Zuckerberg, the Facebook CEO face congress too. Explaining, he said Facebook is creating a privacy device for human traffickers, tax evaders, terrorists, and sanction evaders. The hearing held at Washington’s Capitol Hill on July 17, 2019, had other legislators tear onto Libra and Facebook, albeit with more restraint.

Congress: Facebook Not Ready for Libra

Members from the US congress on the House committee have been extremity against the social media giant’s plan to delve into financial services. Many of them have highlighted Facebook’s data privacy and election meddling shortcomings as reasons why it is unqualified to run its digital currency.

They have accused Facebook of launching Libra while ill-prepared for the consequences if it fails. Rep. Nydia Velasquez, for instance, told Marcus that Calibra, unlike Facebook, was not dealing with a Silicon Valley product that could be perfected while deployed to the masses.

This rising criticism has not been made easier by the fraud already arising around Libra. There already are websites and social media pages selling fake Libra coins months before the purported launch. The US government has not been the only one worried about Facebook’s currency. Bruno Le Maire, the French Finance Minister and Benoit Coeure an Executive Board Member of the European Central Bank, have also raised their concerns over Libra.

Mark Zuckerberg has in the past said that his company would take its time and ensure that the token satisfies every stakeholder before its launch. Facebook has said that the Calibra and Libra are meant to provide a low-cost method of money transfers. However, most crypto fans have viewed it as a PayPal upgrade or version of WeChat Pay.

Original article written by Jose Antonio Lanz and posted on the EthereumWorldNews.com site.

Article posted on Markethive by Jeffrey Sloe

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Bitcoin Spikes 10 in Minutes Up to 10800 From 9100 Bottom

Bitcoin Spikes 10% in Minutes, Up to $10,800 From $9,100 Bottom

Bitcoin Spikes Higher in Unexpected Surge

Wow, well that was quick. In the past two hours, Bitcoin (BTC) has gained over 10%, rallying from $9,400 to $10,600. Most of this rally actually took place in a few minutes, with the cryptocurrency gaining around $800 of that move higher in a matter of a single five-minute candle. To say that the crypto market is volatile is an understatement, that’s for sure.

Per Kruger, this rally was entirely unexpected. “No technical analysis could have predicted that squeeze until it was already half way under way. Bears were fully in control until slightly past 10:30 EST,” he wrote on Twitter.

This 10% spike is the latest in a series of moves that have cemented that volatility is back in the cryptocurrency markets. As industry analytics provider Skew points out, Bitcoin realized volatility levels are “back to levels not seen since the end of the great 2017 bull market.”

This strong surge to the upside comes after CryptoHamster drew attention to a number of reasons why Bitcoin dumping to $9,100 may be the end of the drop.

Firstly, the one-day Relative Strength Index (RSI) and the Stochastic iteration of this indicator are at their lowest levels since at least February, entering the “oversold” range. The one-day Moving Average Convergence Divergence (MACD) has tapped the zero level, despite the fact that Bitcoin is in a raging bull market according to most analysis.

Also, the Elder’s Forse Index, an indicator meant to exhibit the strength of moves, is at its lowest since November 2018; and historical volatility is almost at 100%, implying a move to the upside to return volatility to levels deemed normal.

Despite all this, there are some that suggest BTC still needs to correct further to return to more sustainable levels. $8,000 seems to be the local bottom that most are keeping their eye on, but this recent boom may put a damper on a move to that level.

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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New Model: Bitcoin BTC to Reach Peak of 80000 in Next Cycle

New Model: Bitcoin (BTC) to Reach Peak of $80,000 in Next Cycle

Long-Term Outlook for Bitcoin

With Bitcoin (BTC) rapidly rallying by over 300% from 2018’s brutal bottom of $3,150, analysts have been wondering where this asset is going to head in the long term.

You see, while BTC is at $13,000 — which many say is already expensive enough for a digital asset that isn’t tangible — many proponents of cryptocurrency and technological idealists have come to the conclusion that this isn’t where Bitcoin’s story ends. On the contrary, actually. This may be Bitcoin’s true story begins. Sound dramatic, I know, but this may very well be the case.

CryptoHamster, an up-and-coming Twitter cryptocurrency analyst, recently posted the chart below, speculating as to where BTC could end up at the end of this cycle, which is likely to end in late-2020 or early-2021. Per his projections, which is based off an ascending channel on the logarithimic chart, Bitcoin will peak at around $80,000 in the coming year or two. A move to $80,000 from current levels would represent a 515% rally from $13,000 — crazy, right?

Interestingly, this hasn’t been the first time that the $80,000 figure has been mentioned by a prominent analyst. Per previous reports from Ethereum World News, Level’s Josh Rager notes that over Bitcoin’s three completed cycles, the trough to peak gains decreased by around 80% each time, which is a concept defined by the law of diminishing returns.

As Rager notes, 2011’s rally saw a return of 320,000%; 2014, 58,500%; and 2017, 12,000%. Thus, if history is followed to a tee, BTC will rally by 2,400% off its bottom, giving it a potential high of just shy of $80,000, this being $78,500.

Some have frankly been even more optimistic. Earlier this year, prominent trader Galaxy, claims that Bitcoin’s current monthly chart looks eerily similar to that seen in late-2015, when BTC finally began to embark on a rally yet again.

This is notable, as the last time BTC’s chart structure looked as it did now (a massive green candle after ~one year of selling pressure), what followed was a 6,500% price surge in a two-year time frame. Thus, Galaxy notes that if historical precedent is followed to a tee, a bull run of the previous one’s magnitude will place BTC at over $333,000 per unit by the end of 2021.

That may be a tad optimistic, for now anyway.

What Will Drive BTC Growth?

But what the hell is going to drive Bitcoin’s long-term growth?

According to Mark Yusko and Anthony Pompliano of Morgan Creek Digital, the answer to this pertinent question is rather simple.

This being continued institutional involvement from investors and groups that want to gain exposure to one of the best asymmetric bets in finance, and a ticket to the future of finance; and irresponsible fiscal policy, which will both drive demand for Bitcoin in the short term and in the long term.

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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FT: Bitcoin BTC Rally Past 10000 is Making Wall Street Return

FT: Bitcoin (BTC) Rally Past $10,000 is Making Wall Street Return

Institutions Now Foraying into Bitcoin, Report Suggests

Bitcoin (BTC) may have lost its bullish momentum over the past few days, but institutions are purportedly still well on their way back to the crypto space.

Ever since 2017, crypto investors across the board have been eyeing institutions, trying to determine if giants in finance, technology, and retail were going to make a play in this embryonic industry. At first, Wall Street was all for Bitcoin: the CME and CBOE launched futures for the leading digital asset, Goldman Sachs hinted at its interest to launch a crypto asset trading desk, ETF giant BlackRock purportedly had a “task force” for digital assets, and a number of over-the-counter desks were propped up.

But, once BTC started to fall, institutions fell silent. Executives in finance stopped mentioning “cryptocurrency” or related buzzword, and some firms, like Goldman, dropped plans to make any ventures in the space. However, over the last couple of months, institutions have begun to express interest and Bitcoin and its ilk once again, likely recognizing that cryptocurrencies aren’t dead after all.

The New York Stock Exchange/Intercontinental Exchange launched Bakkt, a Bitcoin futures exchange and infrastructure play; Fidelity Investments launched its own crypto custody & trade execution service, all while continuing to mine BTC in-house; Nasdaq has claimed that it is working on cryptocurrency futures; and TD Ameritrade and E*Trade, two retail brokerage giants situated in the United States, are reported to have plans to launch spot Bitcoin trading to millions of investors shortly.

But, according to a recent report from the Financial Times, which, like many other mainstream outlets, have ramped up their coverage of cryptocurrency, the recovery in the Bitcoin price has rekindled Wall Street’s interest in crypto more than we may realize.

The outlet writes that “senior figures in the financial services industry” have begun to eye cryptocurrency. For instance, a Dutch exchange-traded fund firm, Flow Traders, added crypto assets. And, over 50 companies, including high-frequency trading/market making firms DRW and Jump Trading, have formed a group to “develop a ‘deep, efficient, and secure’ market”.

The Financial Times adds that there has been a resurgence in interest in the Asian market, especially Japan and China. Per David Mercer of LMAX Exchange, this shift in the market can be pinned to Bitcoin finding use as a hedge “against a deflationary monetary environment.” Indeed, Deutsche Bank analysts recently admitted that Bitcoin may find use as a way out of traditional finance, which many believe is on the edge of collapse, due to dovish fiscal policies on behalf of the world’s central banks.

Regardless of the exact reasoning institutions have for returning to the space, it seems that Wall Street and their counterparts in Asia and Europe believe that at long last, crypto is here to stay.

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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Bitcoin BTC May Fall by 25 to 9000 After Reaching 12400: Analyst

Bitcoin (BTC) May Fall by 25% to $9,000 After Reaching $12,400: Analyst

Bitcoin Ready to Fall by 25%?

Wow. After collapsing just the other day, Bitcoin (BTC) bulls are right back at it. Just yesterday, BTC was sitting at $10,400, having fallen by over $3,000 from its local peak at $13,800 — a key resistance level and the 0.618 Fibonacci Retracement level of the entire bear market. Now, the leading cryptocurrency sits at $12,300, still shy of $13,800. While this rapid recovery has many claiming that BTC is ready to take on new all-time highs once again, one analyst suggests that this recovery sits Bitcoin right up for yet another collapse.

In a recent TradingView analysis, known trader Financial Survivalism claimed that the chances of a strong correction have been building for a while now, ever since Bitcoin broke past $5,800 and then $8,000.

The analysis, posted some 24 hours ago as of the time of writing this report, predicted the rebound to $12,400, which is just over where Bitcoin sits now.

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This is important, as Survivalism predicted that once $12,400 has been hit, a correction to $9,000, which has acted as an important level of both support and resistance over the past few weeks, will begin to take place. This has yet to occur, but considering the accuracy of the target of $12,400, this 25% drop may come to fruition in the near future.

As to technical reasons for this reversal, Survivalism seemed to point out three. Firstly, a move to $9,000 would give Bitcoin a chance to revisit an uptrend support that BTC followed closely from late-April to just two weeks back. Secondly, the BitMEX funding rate has hit very high levels, implying that longs may need to close their positions, leading to a devaluation of the cryptocurrency. And lastly, the Average Directional Index, a technical analysis indicator meant to determine the strength of a trend, is “looking ready to roll over soon on the daily”, implying weakness.

Some Analysts Still Bullish Beyond Compare

While $9,000 seems to be on the table, especially considering the technical factors, some have been entirely optimistic. Naeem Aslam has remarked that as long as BTC stays above the 242-day moving average, which is somewhat unorthodox compared to the traditional 50 or 200-day, a correction is unlikely. In fact, he quips that in the short term, $20,000 is likely; and in the long run, Bitcoin could foray into the $60,000 to $100,000 range — just around five to eight times higher than current levels. Crazy, eh?

This may sound crazy to investors in traditional markets, most of which are used to 10% yearly gains, but many agree with Aslam’s cheer. In an email to CoinTelegraph, Simon Peters suggested that Bitcoin could reach $20,000 within one to two weeks.

The eToro analyst backed this claim by noting that when BTC first broke past $11,800 in 2017, it took just around a week or two to blast to $20,000. It is important to note that during the last boom, the conditions were different: the CME and CBOE had just announced their futures and retail investors were FOMOing.

Original article posted on the EthereumWorldNews.com site, by Nick Chong.

Article re-posted on Markethive by Jeffrey Sloe

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Bitcoin BTC Rallying to 10000 is Only a Matter of Time: Analyst

Bitcoin (BTC) Rallying to $10,000 is Only a Matter of Time: Analyst

Bitcoin Rally to $10,000 on the Horizon

Over the past few days, Bitcoin (BTC) has stopped dead in its tracks. After rallying from a multi-week low of $7,450 to briefly flirt with $9,400, the cryptocurrency stopped its upward momentum. Since then, BTC has been rather flat, trading between $9,000 and $9,300. But, one analyst claims that the asset is poised to break out — upward that is. In a recent tweet, he laid out his thoughts.

As seen below, the analyst, Smart Contracter, who correctly called that Bitcoin was going to bottom around $3,500 at the start/middle of 2018, believes that BTC is soon poised to hit $10,000 for the first time since early-2018.

He claimed that BTC is currently trading in a triangle pattern, marked by an increasingly tighter range. With there being dropping volume, a break out is becoming increasingly likely. Per Smart Contracter’s use of wave analysis, this breakout will bring Bitcoin to $10,000. As he claims, “I think its only a matter of time now before we break up again.”

He isn’t the first to have claimed that $10,000 is inbound. In Tuesday’s segment of CNBC “Futures Now”, the two guest traders and Fundstrat’s Tom Lee claimed that they are currently bullish on cryptocurrency. One of the traders claimed that as long as BTC holds $9,100, he would be inclined to believe that Bitcoin can soon reach $10,200.

This comes briefly after Lee and his peers at Fundstrat claimed that $10,000 is the level to watch for Bitcoin. They claim that once Bitcoin reaches $10,000, “Level 10” FOMO will grace this market, which last occurred when BTC blipped above $4,500 in late-2017. If history is any guide, the cryptocurrency market will shoot even higher once $10,000 is breached. As the analyst wrote on Twitter earlier this month, “[$10,000] will see FOMO from those who gloated about the 90% crash in BTC… and those who saw Bitcoin dead as forever.”

Once $10,000 is broken past, Lee expects a “fast and furious” move to $20,000. And from there, the analyst claims that Bitcoin will double in the next five months, reaching $40,000 in a jaw-dropping move.

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Sentiment Wildly Bullish

The crypto community also seems to convinced that a further rally is only a matter of time. According to recent sentiment analysis compiled by analytics startup The TIE, there were 38,889 Bitcoin-related tweets yesterday — the highest daily count in June so far. 61.4% of tweets mentioning both Bitcoin and Libra were purportedly positive, marking overall bullish sentiment.

What’s more, overall crypto community sentiment is at its highest since May 15th, which was when BTC first started to move past $8,000 in this cycle. The TIE writes: “Despite a 2.5% drop in the price of Bitcoin it appears that the markets response to Facebook’s Libra release has been strongly positive.”

Original article written by Nick Chong and posted on the EthereumWorldNews.com site.

Article posted on Markethive by Jeffrey Sloe

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Investing in Bitcoin is it the Right Thing to Do?

Investing in Bitcoin, is it the Right Thing to Do?

All this talk about Bitcoin and the Blockchain has gotten me into doing additional research. So, what is Bitcoin? How do you get Bitcoin? Is Bitcoin legit, and is it what some people call, "The New Gold Rush"?

These and many other questions are answered in the Bitcoin Complete Guide ebook. Many have also concurred that Bitcoins are the future of currency worldwide. However, many Governments have only begun to sit up and take notice, whether of its value or validity.

If you're like most people, sceptical and unsure, the Bitcoin Complete Guide will give you the knowledge so you can make the right decisions about wheteher to invest in Bitcoin or not. If you're like a lot of the nay-sayers that are saying it's too late to invest, you may be missing out on one of the BIGGEST revolutions of our lifetime.

Bitcoins have ONLY been around since 2009; if you would have purchased Bitcoins back in 2012, you would have been graced with a greater than 6600% return. Today, most experts predict that Bitcoin will continue to increase in value and may even reach as high as $100,000 (USD).

No one knows, or can predict, the future, however, the writing is on the wall. Is it worth your time to learn more about the Bitcoin revolution? That's the question ONLY you can answer. If you don't know where to start, click on the following link to learn more about the Bitcoin Complete Guide ebook.

It may just be what the doctor ordered!

Posted on Markethive by Jeffrey Sloe

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