Head Bitcoin Foundation: Bitcoin will cost $ 40,000

According to the forecast of the executive director of Bitcoin Foundation Liu Klassen, the cost of Bitcoin will overcome the mark of $ 40 thousand by the end of this year. This is considered by Business Insider. Lew Classen reports that the cost of bitcoin will increase dramatically to $ 40,000 by the end of this year, while 90 percent of altcoyins will depreciate due to the fact that they have no prospects for development. "Crypto-currency is inherently new, delicious and extraordinarily risky," Klassen said. At the same time, expressing the opinion and crypto-currencies, the expert informed that depreciation of digital money is excellent, as many coins are created not to solve some difficulties, but that their creators could be enriched. On the question of the bitcoin price, Klaasen suggested that investors will for some time observe volatility comparable to the events of the last 3 months, during which time the crypto currency has grown to $ 20,000 within a short period of time and then dropped to almost $ 6,000. to fix some flaws in the program code of the coin, says Classen, so the price of $ 40,000 can be fully justified. Such an opinion was recently expressed by Tom Lee, managing partner and director of research at Fundstrat Global Advisors LLC.