It seems impossible but the co-founder of Gold Bullion International, Dan Tapiero is confident that Bitcoin (BTC) will be more expensive with six digits of value.
Tapiero explained that Bitcoin now dominates the entire asset market and also suggested that investors should own gold and Bitcoin at the same time.
"In five years, gold may be worth $ 4,000, twice the current value. If true, Bitcoin may be worth around $ 300,000 and $ 500,000. Increased 20, 30 times! ” he said in a podcast show.
Tapiero is more confident, saying no one can deny the statement because the surge is not impossible to happen.
Obviously, Bitcoin is a protection for the fiat system. If market capitalization reaches trillions of dollars, it will be easier for large investors to manage those assets.
It also includes the ownership of gold as a value storage asset, one aspect of Bitcoin. But Bitcoin is more than that because it is also ‘the whole network’ and that makes the asset bigger than gold.
Off The Chain Capital Chief Investment Officer Brian Estes also thinks Bitcoin will surpass $ 100,000 in a year and maybe as high as $ 288,000 by the end of 2021.
At the time of writing, the BTC price traded at $ 19,031, up 3.28% from the decline this morning.
