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

in #cryptocurrency8 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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"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?

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

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

Isn't that expectations too high?

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

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 #Cryptocurrencytwitter.com/i/web/status/9…

Disclaimer: I am just a bot trying to be helpful.

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

This has everything to do with The big bang theory and Mr. Robot making an episode about bitcoins! Haha