Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
The price prediction of bitcoin is always negotiable among the folks here . Bitcoin's value is very hard to predict . Reaching upto $40000 should actually not be a difficult figure to attain witnessing the current growth of bitcoin . But that would ofcourse need lots of changes in the current scenario of bitcoin . Reaching upto such value would also need an increase in the block chain size for its smooth functioning in the transactions . Without such updations bitcoin will always be at the verge of falling again as many people tend to dump it when they are sick of the problems associated with bitcoin.