Crypto-Supporter Milne Said Bitcoin’s Only Ledger to Last 100 Years

Crypto-Supporter Milne Said Bitcoin’s Only Ledger to Last 100 Years

As bitcoin continues trading approximately 80% lower than in December 2017, it is likely it will match its all-time record of $20,000 again and even surpass it, believes crypto-bull and UK-based investor Alistair Milne. However, the entrepreneur also believes that bitcoin Bitcoin is the only public unaltered ledger which is certain to last for the upcoming century.

Bitcoin The King, As Usual

On January 19 in a Twitter thread entrepreneur Alistair Milne forecasted that the upcoming cyber money bull will decide which DLT will become determinants on the market. The crypto-supporter claimed that the new BTC should overperform its 2017 price records.

Our top trading bots

The recent statements by Milne are not surprising as he is known for promoting bitcoin in social media. In particular, he wrote this time:

“The probability that Bitcoin matches its ATH [all-time high] price again and doesn't then continue past it seems very low. Each wave of adoption is an order of magnitude bigger than the last.”

The crypto-enthusiast also added that it takes times for the negative sentiment in the bitcoin industry to change, hinting the «big daddy» is not trending towards zilch as many naysayers including Nouriel Roubini preach.

Milne explained that 30-50 million users possessing crypto are not the market’s vertex, so we are yet to see wider adoption. Bitcoin’s profile as «gold 2.0», as well as the rising interest of institutional investors in this ambiguous asset, can support the next round of wider BTC embrace by users.

“The next bull run will decide which public blockchains persist for the next 100 years. I believe Bitcoin is currently the *only* sure thing,” claimed Milne.

Canadian Bitcoin ETF adds to its holdings despite steep market correction
Demand for Bitcoin (BTC) among Canadian investors has not wavered amid the latest price correction, offering further evidence that market participants are...
Much hype: Memecoin DOGE set for listing on Coinbase Pro
Coinbase Pro, the professional trading arm of the Coinbase cryptocurrency exchange, has begun accepting inbound transfers for Dogecoin (DOGE), setting the...
Top 5 cryptocurrencies to watch this week: BTC, XRP, DOT, XLM, SOL
Bitcoin (BTC) has been struggling to rise above the $50,000 mark, which could have resulted in traders dumping their Bitcoin positions to invest in altcoins....
Blockchain will thrive once innovators and regulators work together
There is often a perceived tension between regulation and innovation. A pervasive narrative has emerged that these two important parts of our society are...
Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, LTC, LINK
Over the past week, several traders bought Dogecoin (DOGE) leading up to Elon Musk’s Saturday Night Live appearance as they expected a pump. However, the...
Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’
Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized...
When will Bitcoin price rally end? Here is what’s backing the BTC bull run
Speculation about the duration of the current run is endless, with Bitcoin now a stable news item even in the mainstream press. But what’s keeping the BTC...
Macau poised to amend laws to enable digital yuan trials
Macau is pushing forward with preparations fo the roll out China’s digital yuan, which could help crack down on tax evasion in its opaque gambling industry....
NYDIG raises $100 million and launches 'Bitcoin-powered' insurance initiative
New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to...
UK prosecutor expects crypto scams to increase, but numbers remain low for now
The United Kingdom Crown Prosecution Service expects to see an increase in the number of Bitcoin (BTC) and cryptocurrency-related scams in the coming years,...
Total crypto market capitalization posts new all-time high above $1.9T
Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde $2 trillion.The market...
Nic Carter takes aim at claims Bitcoin is an environmental disaster
Coin Metrics co-founder Nic Carter has produced a well-researched rebuttal to some of the key claims suggesting power-hungry Bitcoin mining is causing an...
Theta token price sinks 25% overnight after mainnet delay
After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news...
The Official Launch Of The Multi-Currency Mobile Wallet Edge Wallet
Developers of the cryptocurrency mobile wallet Edge (formerly Airbitz Wallet) announced the official launch of the product. The Edge Wallet supports...
South Korea Ties Up Crypto Transactions as its Citizens Pile Into Digital Money
After the South Korean government released emergency measures for the regulation of cryptocurrency market in the market around two weeks ago, on December...