Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Bitcoin could hit $60,000 in 2018 but another crash is coming, says startup exec

  • Print Alex Jones Show podcast Prison Planet TV Infowars store

CNBC
December 26, 2017

Cryptocurrency entrepreneur Julian Hosp says bitcoin’s rapid rise isn’t over yet. But there’s a catch.

“I think we’re going to see bitcoin hitting the $60,000 dollar mark, but I also think we’re going to see bitcoin hitting the $5,000 dollar mark,” said Hosp, co-founder and president of TenX, a firm that wants to make it easier for people to spend virtual currencies.

“The question is though, ‘Which one is it going to hit first?'” he said.

Numerous high-profile critics and several national governments have warned of the dangers of investing in cryptocurrencies, which they say are likely to crash because nothing underpins their value.

Hosp’s forecast would represent a $45,000 rally from the current price of bitcoin — or a $10,000 collapse, underscoring the volatility of the world’s largest cryptocurrency.

Read more

This article was posted: Tuesday, December 26, 2017 at 7:10 am





Infowars.com Videos:

Comment on this article

FEATURED VIDEOS
Why the NPC Meme FREAKS OUT the Left See the rest on the Alex Jones YouTube channel.

Gay Muslim Drag Queen Causes Confusion See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/M0aienuCBdg https://www.youtube.com/embed/6Fanea5kcfg

© 2018 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.