Story by: JP Buntinx
When it comes to accurately predicting the price of Bitcoin in the years to come, opinions are all over the place. Making any educated guesses is nigh impossible where this volatile market is concerned. Some experts have weighed in on this debate over the years, although it remains to be seen how these outlandish claims will materialize.
Tai Lopez Expects Millionaires to buy Bitcoin ($60,000)
Rather than just throwing some hopeful numbers and figures out there, Tai Lopez put together a solid argument as to why Bitcoin could hit $60,000 sooner or later. In his opinion, all it would take is all of the world’s millionaires to put 1% of their assets in Bitcoin. Although this seems like a more than achievable goal, one also has to keep in mind there is little to no chance all of the world’s millionaires will ever pay attention to Bitcoin.
At the same time, other factors could help contribute to this lofty $60,000 goal. It is certainly possible the current uptrend will pave the way for a new push to a fresh all-time high by late 2019. However, one also has to keep in mind nothing is ever set in stone and anything can happen when people least expect. Lopez also never put forward a timeline as to when this Bitcoin value will be reached. Most people wouldn’t mind seeing it happen this year, but in reality, it won’t happen for quite some time to come.
Mark Yusko Sees Plenty of Growth Ahead ($400,000)
It is commendable to note how so many people expect a much higher Bitcoin price compared to the values people are dealing with right now. Mark Yusko, founder of Morgan Creek Capital, is an individual who keeps close tabs on what is happening to Bitcoin’s value these days. As such, he recently made a prediction one BTC will be worth $400,000 in the near future, although it is very difficult to pinpoint an exact timeline for such a course of events.
- Bitcoin (BTC) Price Primed To Break $8.5K, Dips Remain Supported
- Bitcoin Threatens To ‘Take Power’ From The U.S. Federal Reserve