Crypto-Expert Puts $6 mln on a Bet that Bitcoin Reaches $280k by 2023

Crypto-Expert Puts $6 mln on a Bet that Bitcoin Reaches $280k by 2023

As the last months of 2018 are fast approaching, crypto-enthusiasts keep forecasting the potential price of the "king of all cryptos." There have already been made claims that bitcoin would skyrocket to highs from $25,000 to $250,000 in the foreseeable future, but now the predictions have come onto a new stage.

An anonymous yet famous crypto-specialist has gone for a bet to say that bitcoin will be traded at $280,000 by 2023. The risky BTC fortune-teller even puts at stake $6.27 million for such a gamble. $280,000 is a price of a Berkshire Hathaway share, by the way.

Our top trading bots

Anonymous Bet

A reportedly known crypto-expert put 8.5 million Australian dollars on the fact that the price of the “Big Daddy” would surge to $280,000 in five years. The news with regard to a bet was reported by Tom Waterhouse, one of the leaders of the Australian bookmaker market. It’s him who also said that the expert wished to remain anonymous.

In his Twitter, Tom Waterhouse wrote:

“Big Bet: Well known Crypto expert has just requested a bet of 8.5m AUD to win $1.2bn that a Bitcoin will exceed the price of a Berkshire Hathaway share (c.$280k) by 2023."

The elite bookmaker also said he had already helped the person, who wished to make a bet, with a major syndicate. Waterhouse added that he hopes the expert and the company find common ground.

More Bullish Than Tim Draper?

There have already been made lots of bold predictions, yet the latter hasn’t outperformed the one which belongs to Tim Draper, a notorious crypto-bull and billionaire. This year April he claimed that by 2022, bitcoin would be traded at $250,000.

Another “crazy” predictor is John MacAfee, he's also a known figure in the crypto-industry. Last year he said bitcoin’s price would surge to $2.4 million just in three years.

Among the most realistic crypto-optimists, however, remains Fundstrat’s Tom Lee, who says bitcoin might go as high as to $25,000 by the end of 2018.

EOS Jumps 21% In a Green Day
Investing.com - EOS was trading at $4.3537 by 20:12 (00:12 GMT) on the Investing.com Index on Saturday, up 21.19% on the day. It was the largest one-day...
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
Prior to the Federal Reserve announcing it would release a discussion paper on a central bank digital currency, chairperson Jerome Powell met with Coinbase...
Facing $70M in fines from regulators, Robinhood files for IPO
Stock and cryptocurrency trading app Robinhood has filed an application with the U.S. Securities and Exchange Commission for an initial public offering.In...
Huobi bans crypto derivatives trading for users in China
Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China.According to the updated...
Berkshire Hathaway invests $500M in Brazilian digital bank
Brazilian digital bank Nubank has raised $500 million from Berkshire Hathaway, a multinational holding company run by billionaire Warren Buffett.In an announcement...
Bitcoin Swings Again, But Blockchain Boom Keeps 100K Target Alive
By Yasin EbrahimInvesting.com – The wild swings in bitcoin continued Friday, but business activity on the blockchain has never been better, and will eventually...
Sweden moving forward in e-krona CBDC trials
Sweden has made a number of strides toward its own central bank digital currency, or CBDC, called the e-krona. The Sveriges Riksbank, the country’s central...
Cardano Jumps 20% In a Green Day
Investing.com - Cardano was trading at $1.617707 by 06:57 (10:57 GMT) on the Investing.com Index on Thursday, up 20.02% on the day. It was the largest one-day...
Signs the Bitcoin hashrate is starting to move away from China
Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere.Chun Wang, the co-founder of one of...
Andreas Antonopoulos Says ETFs Violate The Core of BTC
As the American SEC CCN, Antonopoulos believes the long-term implication of the long-expected bitcoin ETFs will do rather the bad than good.Explaining the...
Fundstrat’s Tom Lee Says Bitcoin Will Be $25,000 By The End of 2018
Before 2019 comes, bitcoin might rise in price to the margin of $20,000, said the main Wall Street strategist who issues BTC price trades Tom Lee. According...
John McAfee Claims He Gets $105,000 For Each Twitter Crypto Ad
John McAfee, a known software mogul and the cyber-money eager supporter, perhaps, has been shaping public confidence in cryptos for huge sums. Recently...
Millions Of Users Have Already Subscribed To The Robinhood
In less than four days, Robinhood announced that it is going to offer commission-free trading in cryptocurrencies, but since then more than a million...
‘Bitcoin Has Economic Value,’ South Korean Court Rules
This is a milestone in the history of bitcoin’s nine-year-old existence. For the first time, one of South Korea’s courts has held that the most known...
South Korean Pension Fund Obliquely Piles Into Crypto Market
Since December 2017, the government of South Korea has been tackling the market of crypto money. Recently, it was announced that by the end of January...