The Currency Analytics
By Dan Saada
Dr. Julian Hosp. states that Bitcoin is going to get more expensive than it is today. The future of Bitcoin performance is measured.
At the rate of 657,000 BTC per year, Bitcoin will take 27 years to touch upon its total circulation of 17.7 million (stock).
Dr. Hosp stated, “In Bitcoin, even if the price goes up, you cannot produce more Bitcoin. It does not work, like gold, where you will be able to increase production.
Max Keiser, Co-founder of Heisenberg, stated "I never stopped making price predictions… I said it [Bitcoin] was going to a hundred thousand dollars and it was only a dollar, and…
He further stated that he will be sticking to his $100,000 prediction and that he was Bullish about Bitcoin in the long-term.
Kaiser stated, “I think when the Federal Reserve issued a statement which said that they’re moving the policy to permanent quantitative easing, which meant money printing would…
When the Federal Reserve announced quantitative easing, Bitcoin bottomed. Another reason was that the sellers were exhausted.
Kaiser remarked that since Bitcoin has proved itself as a store of value that it will be ideal for concentrating on the Lightning Network.