Bitcoin has risen back once again from its price drop and crypto traders all over the world are in anticipation of a potential break of $10,000. Bitcoin’s price is currently teasing $10,000 in value by flirting around the $9,000 mark.
Bitcoin billionaire Tyler Winklevoss and co-founder of the Gemini crypto exchange said in a recent tweet that If the $10,000 mark is broken, then $15,000 would be the next logical price target for BTC.
It is obvious that Tyler Winklevoss, one half of the Winklevoss twins, the founding members of Gemini crypto exchange is optimistic about Bitcoin and the crypto industry as he is one of the earliest investors of the technology and believes that it is the future.
The same thing happened last year as it took only eight and a half days to reach $15,000 after Bitcoin’s price crossed the $10,000 mark. Eight days following that, Bitcoin hit an all-time high of $20,000 before suffering a huge correction and bearish market for the rest of 2017 and early 2018.
The Winklevoss Twins and Their “Future of Money” Predictions
In response to Tyler’s tweet, John McAfee, another supporter of Cryptocurrencies jokingly suggests that once Bitcoin price breaks above $100K, “you can bet it will break a million,”. This is also a reference to McAfee’s lofty prediction that BTC would be valued at over a whopping million USD before the end of 2020.
Tyler showed a nice gesture in return by sending McAfee a signed copy of Ben Mezrich’s novel Bitcoin Billionaires. The book is a “true story of genius, betrayal, and redemption,” telling the story of Winklevoss twin’s before getting into Bitcoin and Crypto Industry.
Based on extracts from the novel, the Winklevoss twins deposited all their Bitcoin into cold storage “via shared private keys in 12 separate safety deposit boxes across the country,” and smashed the computer and router they used with a sledgehammer.
Cameron, Tyler’s twin brother also had come out recently stating that investing in Crypto is a risk however, not investing in the future of money is a far bigger risk. Now, these early investors of Cryptocurrencies have seen it all. They witnessed the currency rise and fall over the years and have promoted it all the way regardless of its state at that time. They claim Cryptocurrencies to be the “Future of Money”. Now, their opinions are not at all bias-free since they are one of the largest investors in the technology and surely they would want it to succeed.
Only the future can tell whether Cryptocurrencies will indeed one day become “The Future Of Money”
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