It was only few hours back when Bitcoin surged to the record high because of an Amazon’s speculation. The price per coin was $5574.99 just 48 hours back and it is still rising.
A former manager at $72 billion investor Fortress, Michael Novogratz says Bitcoin price will keep on rising till it reaches $10,000. He was speaking to CNBC.
“It would not surprise me if, in the next six to 10 months, we’re over $10,000,” Novogratz told CNBC on Tuesday.
“Yes, it’s a bubble,” . It is going to be one of the great manias of all time.
“We could never have understood the ubiquity of the internet in 2017 even at the height of the bubble,” Novogratz said. “Ten years, 15 years from now, blockchains and decentralized systems will be everywhere.”
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Via: Business Insider