Bitcoin News

Story: Kaiser Sticks on to $100,000 prediction – States Timing Does not Matter

By Dan Saada

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Dr. Julian Hosp. states that Bitcoin is going to get more expensive than it is today.  The future of Bitcoin performance is measured.

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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).

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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.

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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…

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He further stated that he will be sticking to his $100,000 prediction and that he was Bullish about Bitcoin in the long-term.

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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…

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When the Federal Reserve announced quantitative easing, Bitcoin bottomed.  Another reason was that the sellers were exhausted.

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Kaiser remarked that since Bitcoin has proved itself as a store of value that it will be ideal for concentrating on the Lightning Network.

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