Bitcoin enthusiast was divided in opinion with Nick Sabo about the fate of gold and made his prediction of the price of the first cryptocurrency .
Alistair Milne (Alistair Milne), one of the earliest investors in Bitcoin, is confident that the cryptocurrency will rise again to its historical maximum. He substantiates his point of view by the fact that there is more “transparency” in the regulation of the cryptocurrency market, which means that “the asymmetric possibility of raising the price of an asset has become obvious.”
Milne does not exclude that Bitcoin will still become cheaper, but predicts that the cryptocurrency will eventually rise to the level of $ 100,000, that is, it will be five times more than the maximum of $ 20,085 reached on December 17, 2017.
Still Bullish 1/6:
As early as Bitcoin investors, we’ve been an asymmetric investment opportunity … ie you could lose 80%.– Alistair Milne (@alistairmilne) January 19, 2019
According to Milne, it is “unlikely” that Bitcoin, having reached its record high, will stop there and will not rush further up:
"Every wave of the rise in the price of this asset has always been higher than the previous one."
Based on this, he stated that he does not intend to sell his bitcoins, even when they again rise in price to the previous maximum. Milne also connects the future powerful bull market with a much stronger FOMO feeling among investors, which they will definitely show.
That is, the expert indicates that when Bitokin enters the trajectory of sustainable growth, its further rise will go in line with the snowball effect, when more and more new depositors will invest in cryptocurrency , for fear of missing a profitable moment.
Milne also stresses that bitcoin will increasingly advance in the fulfillment of its role as a store of value, but believes that gold will remain an interesting asset in this regard. Meanwhile, cryptographer Nick Sabo predicts that central banks will start to increasingly prefer Bitcoins to gold this year.
Michael Nay, a crypto-enthusiast, agrees with Milne's price forecast: in his opinion, the next peak of Bitcoin will occur at around 130 thousand dollars.
I'm calling the next top for #Bitcoin is $ 130,000.
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– Michael Nye (@CryptoShillNye) January 20, 2019
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