Another Reckless Prediction: Startup Exec Says $60,000-Worth Bitcoin Is Real

Another Reckless Prediction: Startup Exec Says $60,000-Worth Bitcoin Is Real

Thanks to the continuous developments in the field of regulation as well as infrastructure, the most valuable cyber-coins might continue surging. Such an opinion expressed Julian Hosp, the head, and co-constitutor of digital wallet and card start-up TenX.

Among the currencies, which might soar, is, apparently, bitcoin. Hosp remains bullish despite any fluctuations and believes it could hit the all-time high of $60,000.

Our top trading bots

Bitcoin Is Yet To Reach Its Full Potential

Recently, there have been a lot of discussions stirred that the most known and usable cryptocurrency in the world would reach from $20,000 to $150,000 by the end of 2018. The ranks of bitcoin’s either speculators or analysts have also been swollen by Julian Hosp, TenX’s exec.

In the interview with CNBC’s journalist at the RISE tech conference in Hong Kong, Hosp explained why he is so optimistic regarding bitcoin’s future in spite of its recent desperate trials to creep up higher than $6,500.

"Back then, December, the price was at $20,000 all-time high. I predicted for 2018, we're going to see $5,000 and $60,000. So $5,000, we pretty much hit it, so let's see if we can do the $60,000. I'm still quite confident," said Hosp.

Indeed, after bitcoin reached the peak of $20,000 in mid-December 2017, it started slowly going down, until in February 2018 it dipped to around $6,000. Even though later the coin recovered, its price continued declining after May, as per Coinmarketcap.com.

Perhaps, due to such corrections, one of the most known bitcoin-bulls Tom Lee lowered his expectations of BTC from $50,000 to $20,000.

At the same time, Hosp admitted that the “king of all cryptos” will be able to go as high as to $60,000 only if a “massive positive event” takes place. According to his words, it could be a country or a cybermoney-bourse announcing something crypto-bullish.

Cryptocurrency Exchange Security Levels
The growing interest in cryptocurrencies has led to the emergence of a wide selection of both digital money and the sites where you can exchange one cryptocurrency...
UNICEF Funds Six DLT Startups to Solve Global Issues
UNICEF is both crypto- and blockchain friendly. A few months ago the French leg of UNICEF said it was accepting donations in nine types of cyber-coins....
OK, Google: Why Tech Giant Jumps on a Blockchain Bandwagon?
The «almighty» Google is jumping on the DLT bandwagon on par with other tech titans. Newly it has added one of the most known blockchains networks — Ethereum...
Bitcoin Might Soon Drop to $6,000, Says Fundstrat’s Technician
Bitcoin might soon see another considerable connection. According to a Fundstrat’s technician bitcoin is ‘living on the edge.’ If it sustains its $7,500+...
Satoshi Envisaged: How Will Miners Survive After All Bitcoins Mined
It took less than e decade for miners from all over the world to generate 80% of bitcoin’s supply – that is 17 million BTC units. The last milestone was...
Facebook Data Scandal Can Help Blockchain To Thrive, Analyst Says
As Facebook is trying to recover for the massive disgrace, related to what is believed to be one of the enormous tech giant’s data breaches, blockchain...
Tom Lee Predicts Bitcoin to Surpass $90,000 in Two Years
As of writing, according to Coinmarketcap.com, bitcoin is being traded at $8,330. Just a day ago, on March 18, the currency saw a fall to $7,400, a margin...
Telegram Pre-ICO Attracted $850 million
Pavel Durov, the creator of the Telegram messenger, reported on the progress of the ICO, which was announced earlier. As it turned out, investors invested...
The Developers Of The MonteCrypto Game Will Give One Bitcoin To The First Winner
The first player to play the new video game MonteCrypto: The Bitcoin Enigma will receive one bitcoin as a reward. The game is scheduled for release on...
Hackers Cracked the DNS-server Of BlackWallet And Stole $400 Thousand In The Cryptocurrency
Unknown hackers broke into the DNS server of the BlackWallet.co service, which provides Web-wallets for the Stellar Lumen (XLM) cryptocurrency. They...
TRON Became The Top-10 Cryptocurrency In Six Months.
TRON CEO Justin Sun created not a unique, but a breakthrough platform for content exchange based on the blockchain.The system will be free and accessible...
Zuckerberg Has Big Plans For 2018
Mark Zuckerberg , the founder of the Facebook social network, summed up the results of 2017 and shared his plans for 2018, noting that his main goal will...
Top-5 Expected Blockchain Tech Advancements in 2018
From the economic point of view, 2017 has been pretty beneficial for bitcoin. The most known cryptocurrency grew by around 1,400% last year as well as...
Risks of Cashing Out Cryptos Into Fiat
In 2017 bitcoin has grown by around 1,700%, when litecoin managed to surge up by about 7,000% and despite the correction which occurred to the whole...
Bitcoin’s Role on the DarkNet
The history of Bitcoin, despite the young age, is very rich in events and accidents – as well as any processes involving big money. This new technology,...