Capitalization of Bitcoin will surpass gold, and will exceed 7 trillion. The opinion of the Winklevoss brothers
Source:Some of the most prominent businessmen in the cryptocurrency industry Tyler and Cameron Winklevoss once again expressed his confidence in coins. Despite the relatively low price of BTC, they argue that the capitalization of the coin will pass the gold. After the launch of regulated American crypto currency exchange and trading platform Gemini the twins the Winklevoss making a huge bet on success . At the same time on their own stock exchange full trading pairs for altcoins with the highest market capitalization. Note that the bullish mood of the brothers joined, and the organizer of the flashmob trace Mayer.
theBitcoin, of course, the cryptocurrency of the old school
Difficult to deal with the network effect and the terms «hard currency», that is, a means of savings. Bitcoin in the long term is the obvious winner. This opinion was expressed by Cameron Winklevoss during the Ask Me Anything on Reddit. His brother's enthusiasm, no less.
theOur view on the growth of Bitcoin remains unchanged. We believe that Bitcoin performs the function of gold is even better than the gold. And if we look in the right direction, then eventually Bitcoin market capitalization exceeds the performance of gold. That is, the ecosystem will be assessed above $ 7 trillion. Given the clearly defined final offer of coins, you can calculate that each BTC is approximately 333 thousand dollars.
In bitcoin don't keep capital. But only so far
Now the price of the dominant cryptocurrency barely crosses over 4 thousand dollars, so to form a bullish trend in 2019 is not possible. Some analysts note that even a slight further fall may hinder the expected growth. At this stage, trace Mayer expects the new infusion of Fiat cryptoprotection sources. On Monday in his Twitter there was a record.
Essentially no capital allocated to or crypto-currencies.
Empty infinitely expandable wealth storage vessel to absorb capital flows. As sterile asset, the price increase is a wealth transfer from other assets. A black hole on the world's balance sheet. Will be legendary.
— Trace Mayer (@TraceMayer)
In fact, now the capital of Bitcoin or cryptocurrencies are released. It is almost empty and ever-growing reservoir storage values, ready to take on giant capital flows. Black hole world of accounting.
The More data you look at . As a reminder, the current rate of coins can be found in our classroom .
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