The co-founder and president of TenX, the cryptocurrency entrepreneur Julian Hosp says: “I think we’re going to see bitcoin hitting the $60,000 mark, but I also think we’re going to see bitcoin hitting the $5,000 mark. The question is though, ‘Which one is it going to hit first?'” he said.
Hosp says they expected the price of bitcoin to fall. “This dip for us was very, very healthy, and some of us have used it to buy a little bit more because suddenly we had 40-45 percent discount to all-time highs. I think in the long run, we will always see a little bit of an up move, and then a dip down.”
He adds: “I don’t think it’s going to be a bubble that’s just going to burst and everyone is going to lose their money, but I think it’s going to be that all the coins and all the assets with very little use or value are going to get sorted out. I see bitcoin more as digital gold, rather than a currency that is going to be used on a daily basis.”
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