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❕NEWS Billionaire Michael Novogratz takes on the future of Bitcoin as digital currency

B

Balint098

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As reported by BusinessInsider, according to the veteran trader and hedge fund manager Michael Novogratz, Bitcoin may need around five years of time before its adoption are widespread enough. He's treating Bitcoin as an asset, a store of value. And due to a recent spike in the price of Bitcoin, many investors, both amateur and institutional are both racing to stockpile Bitcoin. He predicted that this trend will continue several years in the future.
 
Good one by the billionaire. People are aware of the potential and future of bitcoin so they are storing it as store of value now. This should be Adopted by more people
 
As reported by BusinessInsider, according to the veteran trader and hedge fund manager Michael Novogratz, Bitcoin may need around five years of time before its adoption are widespread enough. He's treating Bitcoin as an asset, a store of value. And due to a recent spike in the price of Bitcoin, many investors, both amateur and institutional are both racing to stockpile Bitcoin. He predicted that this trend will continue several years in the future.
I agree with in him . In the next five years , Bitcoin will rise to an extent that the world will be round of it and this will skyrocket the price of Bitcoin to a height that people will appreciate .
 
I agree with in him . In the next five years , Bitcoin will rise to an extent that the world will be round of it and this will skyrocket the price of Bitcoin to a height that people will appreciate .
This is true, bitcoin is being adopted so fast now and the way it is the price will shot up more. People are really appreciating it more now
 
This is true, bitcoin is being adopted so fast now and the way it is the price will shot up more. People are really appreciating it more now
...and that is why the arguments for either 15k or 20k before the end of year 2020 is out there because of the indicators that it is possible.
 
...and that is why the arguments for either 15k or 20k before the end of year 2020 is out there because of the indicators that it is possible.
Well , I have not really have time for the argument , I am only trying to stock up Bitcoin so that when it happens I will be among those that will smile from it
 
Well , I have not really have time for the argument , I am only trying to stock up Bitcoin so that when it happens I will be among those that will smile from it
Same here mate. I have refused to convert all my payments in bitcoin to fiat. I like watching the gradual increment. I look forward to all my sites that pay in btc.
 
Same here mate. I have refused to convert all my payments in bitcoin to fiat. I like watching the gradual increment. I look forward to all my sites that pay in btc.
I do have a fixed amount .thus once there is increment , I will withdraw the profit and leave the capital there waiting for another
 
I do have a fixed amount .thus once there is increment , I will withdraw the profit and leave the capital there waiting for another
That is a cool way to go about it. I should put that into consideration also. I have been leaving everything there, maybe I would set my fixed amount too.
 
Yeah bitcoin adoption is increasing daily as new users are getting to know more about bitcoin , but am very sure that due to this in the future bitcoin price will be very high
 
If right now bitcoin price has crossed $15k, I wouldn't be surprised it goes beyond $30K at the end of the year.

The year 2021 is going to be a huge playground for the crypto world and things are really getting very hot and exciting.???
 
If right now bitcoin price has crossed $15k, I wouldn't be surprised it goes beyond $30K at the end of the year.

The year 2021 is going to be a huge playground for the crypto world and things are really getting very hot and exciting.???
I am also very positive about the coming year because I see more people embracing bitcoin the more because even ladies are becoming aware of it too. Business men are also warming to invest next year. If Biden supports Crypto currency that will be another booster.
 
If right now bitcoin price has crossed $15k, I wouldn't be surprised it goes beyond $30K at the end of the year.

The year 2021 is going to be a huge playground for the crypto world and things are really getting very hot and exciting.???
Its falling i checked it some hours ago i saw it fall to $14900 , i just hope it can gain more strength to reach $20k i will be really happy that's it
 
If right now bitcoin price has crossed $15k, I wouldn't be surprised it goes beyond $30K at the end of the year.

The year 2021 is going to be a huge playground for the crypto world and things are really getting very hot and exciting.???
I personally is looking forward to having this your last paragraph come to be. I can't wait for all the prediction for bitcoin turning a reality. It might help boost the economy
 
Like I keep saying, everybody are just making predictions and no one can say for certain, influential people should also be careful about promoting offers on bitcoins future, as while they may be able to survive thousands of dollars in losses at least, a lot of their followers cannot survive $100 in losses
 
As reported by BusinessInsider, according to the veteran trader and hedge fund manager Michael Novogratz, Bitcoin may need around five years of time before its adoption are widespread enough. He's treating Bitcoin as an asset, a store of value. And due to a recent spike in the price of Bitcoin, many investors, both amateur and institutional are both racing to stockpile Bitcoin. He predicted that this trend will continue several years in the future.
Yes, it is obvious that it is only a digital crypto currency and it is not possible in near future that it takes the place of real currency as it's value is unstable. But may be in future it will be.
 
Without a doubt if a poll was conducted it is likely that btc and ether along side can be adopted as standard virtual currency that will be used for purchase of goods and services and commodities world wide.As the use of crypto currency is the future of purchasing power.

Hence the need to sensitive its adoption worldwide so that it can quickly be rolled out.As for the projected period we just have to wait and see as a legal guideline is yet to be established that govern its use internationally.
 
The use of bitcoin everywhere can be possible provided there's a control which is what some government in other countries needs without this it might be difficult for it total adoption by all
 
Many countries Re welcoming but some muslim countries oppose it as well Indonesia has put a complete ban when things were to be introduced in like crypto banking ...
 

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