Swiss-Based Bitcoin Wallet Xapo CEO Wences Casares has made ane of the virtually bullish Bitcoin toll predictions soundless at the Consensus 2017 conference inwards New York.
In comments at the event, Casares forecast ane Bitcoin beingness worth a massive $1 mln inwards x years’ time, taking attendees past times surprise.
Bitcoin toll predictions bring been increasingly daring inwards recent months every bit Bitcoin breaks through ane barrier afterwards some other - $1,200, $1,600, $1,800 together with virtually late $2,000.
In April, Blockchain CEO Peter Smith joined Snapchat investor Jeremy Liew inwards proverb $500,000 would live on the cost per money past times 2030. At the time, Bitcoin cost roughly $1,170 - roughly one-half its electrical flow price.
"We believe Bitcoin awareness, high liquidity, repose of carry together with continued marketplace outperformance every bit geopolitical risks mountain volition brand Bitcoin a potent competitor for investment at a consumer together with investor level," the dyad told Business Insider.
In the intervening month, marketplace outperformance has been the topic on the lips of many.
The media is besides awash amongst Bitcoin admiration, CNBC calling it the “new gold” together with runningdedicated features on the virtual currency highlighting investment gains.