Blockchain Capital - "Bitcoin will blow past $20k in 2020"steemCreated with Sketch.

in bitcoin •  5 years ago 

Blockchain Capital says Bitcoin will easily best its all time highs next year

It's the end of the year and it's that time when people tend to start looking forward to the coming year.

The same is true for financial firms.

As they put out their recaps of 2019, they also like to make predictions for what they think 2020 will hold.

The first major one I have see came from Blockchain Capital.

You many not be familiar with Blockchain Capital, but you may be familiar with their most vocal representative, Spencer Bogart.

He's a regular contributor on CNBC and other financial networks/shows.

What does Blockchain Capital think is coming in 2020?

Lucky for you, you don't have to go through the whole 74 page report as I was able to find a condensed version of their predictions for the next year and paste it here for you...

Check it out:

(Source: https://twitter.com/CremeDeLaCrypto/status/1205497083379122177)

For those that would still like to see the full report anyways, the full report can be seen here:

https://drive.google.com/file/d/1vc-DGG0iqEBQqNlsr5x6vxGxWUAEdgV3/view

Bitcoin to blow past $20k next year?

The last prediction is the most interesting to me as they think bitcoin will "blow past its all-time high".

This prediction is mostly related to the halving that is slated to take place on May 14th of 2020.

Previous halving events were extremely bullish for bitcoin both in the 12 months prior and 12 months post halving.

Their first prediction also caught my eye a bit as well...

"A crypto company will be acquired for $500 million"

I couldn't help but think that with all the talk/rumors flying around about Steemit.com and Justin Sun that perhaps we could see Steemit acquired next year.

The numbers don't really make sense currently for that kind of take out valuation, but perhaps by the end of 2020, a $500 million take out could be reasonable, who knows?! :)

Anyways, check out the list and let me know what predictions you think will and won't come true next year.

Stay informed my friends.

-Doc

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I’m watching

I'm waiting.

Qwertycoin is a cryptocurrency. In the future, there will be anonymous chat wallet function, which is worth looking forward to.

Haven't heard of it...

You can visit the official website, where is the community

You can visit the
Official website, where is
The community

                 - jsts


I'm a bot. I detect haiku.

There is many issues that make anonymous chat useless... Qwertycoin is not the only cryptocurrency that has planned to add chat.

  ·  5 years ago (edited)

Privacy coins getting delisted from major exchanges will most likely cause a lot of big exchanges to go out of business. Privacy coins will be the future no matter what the exchanges decide.

  ·  5 years ago (edited)

Perhaps, but a distant future. Governments will joins forces and simply not allow them. Only way they eventually are the future is if there is a revolution and governments fall.

Eventually there will be revolution... It is unavoidable... I'm not saying when exactly...