Fox Business Speculates Bitcoin Price Could Reach $1 Billion

in bitcoin •  7 years ago 

The bitcoin price has soared throughout the first two quarters of 2017, sparking renewed media interest in cryptocurrency. Much of that press coverage has been negative, and many mainstream news anchors and analysts continue to dismiss Bitcoin out of hand rather than give it an honest appraisal.

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Others, however, are opening their eyes to the possibility that Bitcoin is an enduring financial and technological force. CNBC personality Jim Cramer, for instance, recently suggested ransomware attacks could propel the bitcoin price to $1 million.

Not to be outdone, a prominent Fox Business show asked whether the bitcoin price could reach $1 billion.

The June 30 “Making Money With Charles Payne” segment featured Former New York Bitcoin Center Policy Director and Bitcoin Girl Naomi Brockwell alongside Fox News contributor Tammy Bruce.

Read more: https://www.cryptocoinsnews.com/fox-business-speculates-bitcoin-price-reach-1-billion/

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Great Post :)

Thanks for sharing. It's certainly interesting to hear different opinions on potential price points of Bitcoin. The only opinion I have is that I feel it will be worth more every year due to supply and demand. If it hits a certain market cap, then big money funds will be moving into it which will propel price further. This is certainly going to be fun to watch! :)

If solutions to some fundamental problems no one is talking about are found then the sky is the limit: https://edwineconomics.com/2017/07/15/the-inconvenient-truth-about-bitcoin/