What Althingi and Bitcoin in 2019? Expert opinion

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2018-09-14 23:15:06

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The Main commercial Director BitPay Sonny Singh said that «altcoins will never return» to my old price. At the same time, Bitcoin needs to beat your price high in 2019. About it writes .

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Why you should not buy altcoins

Singh said that now the stock market is at a new stage of its development. To move forward we need the crypt «tipping point» or «catalyst». Real change will only happen when large institutional investors like Goldman Sachs or officially enters the crypt in 2019.

The following year, large amounts of capital in the stock market will become a reality. will launch its own trading platform, Fidelity will offer new products for institutional investors, and will work with merchants around the world. Cryptocurrencies do will be recognized at the highest level and the price of Bitcoin will achieve a new record.

The Forecast of Singh, not for altcoins. In his opinion, all the rest of the coins «will never return» to its record price. Mentioned large firm «not going to create an infrastructure around other cryptocurrencies».

BitPay CCO very optimistic about the future of the crypts. Despite the recent , the company plans to expand and has entered into a partnership with the dealership Post Oak Motor Cars. The retailer now accepts Bitcoin and Cash as payment for the luxury car Rolls-Royce, Bentley and Bugatti.

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