In bitcoin - "bubble", however, it can still reach $ 5 trillion by capitalization

07 September 2017, 02:00 | Technologies
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Aaron Loescher, co-founder of Breadwallet argues that the market capitalization of bitcoin can reach $ 5 trillion in the next 10 years. In this case, bitcoin will cost 250,000.

"As a long-term holder of bitcoin, I welcome the current price dynamics, although I understand that behind this" bullish "market may be a painful" bearish "," he notes..

Capitalization bitcoin has already exceeded the Starbucks index, reaching more than $ 78 billion.



"Undoubtedly, the bubble has inflated in the crypto-currencies, but this is not necessarily a bad sign," continues Loescher.

"The long-term trend is up, so the past" bubbles "look less impressive," he says..

"I would not recommend investors to buy crypto-currencies without preliminary analysis.

However, crypto-currencies can be an excellent option for diversification, as well as insurance during a crisis.

In 10 years, the capitalization of 10 crypto-currencies will exceed $ 25 billion,.




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