Winklevoss Twins: Bitcoin Has Potential To Grow At Least 30-fold In 10 To 20 Years

in bitcoin •  7 years ago 

Another Bitcoin prediction was made this week by Winklevoss twins - the famous Bitcoin billionaires. Bitcoin has “potential appreciation” of thirty to forty times its current value, Cameron Winklevoss claimed in an interview with CNBC on Wednesday, Feb. 7.
At press time, the market capitalization of Bitcoin was just below $140 bln, following a huge sell-off on Tuesday, Feb. 6 which has seen the cap drop as low as $102 bln.
That would put the Winklevoss’ estimation of Bitcoin’s future market cap at over $5 trln. This number comes from a comparison to the $7 trln global gold market, which the brothers claim Bitcoin will disrupt. 

Full article: https://cointelegraph.com/news/winklevoss-twins-bitcoin-has-potential-to-grow-at-least-30-fold-in-10-to-20-years

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7 years ago by

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      ·  7 years ago 

    Looks like these boys know what they are doing! Hope they know what they are talking too.

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      ·  7 years ago 

    I love these guys!!! Super intelligent and right on the money!!! Old money out, New money in!!!!

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        ·  7 years ago 

      I don't know if i agree with them. U$140 billion market cap isn't that much, specially if you put into perspective that BTC is a global asset, not just a stock from a specific market. But global financial markets add up to more or less U$70 trillion, so for BTC to 30x would mean for it to have almost U$7 trillion just by itself, wich would put it at around 10% of the whole financial sector market cap. Don't get me wrong, I am optimistic about Bitcoin and Crypto in general, but 30x right now just seems to much of a long shot.

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          ·  7 years ago 

        Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
        http://ussanews.com/News1/2018/02/08/winklevoss-twins-bitcoin-has-potential-to-grow-at-least-30-fold-in-10-to-20-years/

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