Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin could reach $100,000 in 2020: Ross Ulbricht
by
olumyd
on 10/01/2020, 19:08:01 UTC
Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

I still think it's illogical to speculate the price of bitcoin reaching 100k I can suggest 20-30k, and that would be stretching it. But a major factor to determine the price will be this year's halving, and some analysts are of the opinion that the forthcoming halving event has been priced in already and there may not be so much increase in the typical long-awaited bull run.