Andreas Townsend

4 months ago

Bitcoin has been triggering massive interest lately, but also criticism from naysayers. The price-related speculations have become more bullish, and we'll continue reporting another opinion on the matter.

During a new interview, Bitcoin investor Erik Vorhees who is also the founder of ShapeShift predicted that Bitcoin would surge to $200k during the next year.

He also talked about why everyone is so anxious regarding the speculations around the BTC price.

People should be more focused on the crypto tech rather than the price

He believes that these speculations gain more attention compared to the technology and the emerging use cases in the crypto space.

Voorhees told YouTuber Crypto Beadles:

“It’s what brings people in. It’s what brought me in. I saw this article about Bitcoin and saw how it had gone up like 500% in a few months. Having known nothing about it, I clicked on the article because that sounded interesting.”

He continued and said, “Nothing has grown as fast in value as Bitcoin with the exception of a few private companies, but they didn’t have their price ticker public from the very start. Imagine if Facebook’s share value was public and live in real-time from the very first day that it got started.”

He also said that the whole purpose is not the price of digital assets, but the amazing technology that’s behind the cryptos.

Vorhees also said that we are currently in the next bubble and this will end with BTC priced at $200k.

Anthony Pompliano has a bullish BTC prediction

Anthony Pompliano also had quite an optimistic prediction for the price of the most important crypto in the market.

He said that BTC would hit a six digit number soon and he also explained the reasons that would trigger such a massive surge.

At the moment, BTC is trading in the red on CMC, and the coin is priced at 11,596.55.

Coins Mentioned

BTC

Bitcoin

Leave a Reply

Your email address will not be published. Required fields are marked *

Icon
1xBit

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
BitStarz

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting industry....

Top Exchanges
Icon
CEX.IO

4.00

Read Review - Website

Icon
Coinbase

4.48

Read Review - Website

Icon
Binance

4.50

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Trending news

Binance

Trending news

Top Exchanges
Icon
CEX.IO

4.00

Read Review - Website

Icon
Coinbase

4.48

Read Review - Website

Icon
Binance

4.50

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Top Sportsbook
Icon
1xBit

4.03

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

1245 Articles
7255 Followers