Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: StockBet.com on October 24, 2017, 01:41:57 PM


Title: Stock picker who predicted $5,000 bitcoin says it's on track to top Apple's mark
Post by: StockBet.com on October 24, 2017, 01:41:57 PM
Stock picker who predicted $5,000 bitcoin says it's on track to top Apple's market cap
https://www.cnbc.com/2017/10/24/bitcoin-market-cap-to-overtake-apple-in-five-years-analyst.html

Quote
  • Bitcoin's market value will catch up with Apple in five years, according to a bitcoin proponent
  • Ronnie Moas from Standpoint Research told CNBC that bitcoin's price could jump to $50,000 in the next decade
  • He argued that critics of bitcoin are heavily invested in U.S. banks that are being directly threatened by the cryptocurrency

Title: Re: Stock picker who predicted $5,000 bitcoin says it's on track to top Apple's mark
Post by: jennywhzz on October 26, 2017, 05:23:25 PM
Quote from: StockBet.com on October 24, 2017, 01:41:57 PM
Stock picker who predicted $5,000 bitcoin says it's on track to top Apple's market cap
https://www.cnbc.com/2017/10/24/bitcoin-market-cap-to-overtake-apple-in-five-years-analyst.html

Quote
  • Bitcoin's market value will catch up with Apple in five years, according to a bitcoin proponent
  • Ronnie Moas from Standpoint Research told CNBC that bitcoin's price could jump to $50,000 in the next decade
  • He argued that critics of bitcoin are heavily invested in U.S. banks that are being directly threatened by the cryptocurrency

Apple never moved this evenly and quickly. A 4-5 year move from 0 to $6000, that is well past anything that Apple could do. In fact, Apple has had many issues that they had to reconfigure business models around to make it where they are today. For a long period, their primary revenue was from a small, select group of users that swore by them and nothing else.



Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines