Click here to get this article in PDF
Bitcoin is becoming 'electronic gold' and there is a case to be produced the current cost rise to continue to $100,000 by 2021, states Hong Fang, CEO of OKCoin, one of the biggest crypto exchanges in the world.
Fang argues that should bitcoin reach also 25% of gold's global market capitalization of $9 trillion, that figure would certainly amount to a rate array for BTC of $80,000 to $100,000.
0:00 – Instance for $100,000 bitcoin
3:33 – The path to greater rate
7:05 – Gold vs. bitcoin correlation
9:00 – Bitcoin as well as gold comparison
12:09 – Property allotment
15:44 – Government and also crypto
18:50 – OkCoin
__________________________________________________________________
Kitco News is the world's # 1 resource of steels market details. Our videos include interviews with noticeable industry numbers to bring you market-affecting insights, with the objective of helping people make informed investment choices.
Sign up for our channel to stay up to day on the most recent understandings relocating the metals markets.
For even more breaking news, browse through
Follow us on social networks:
Facebook –
Twitter –
Google+:.
StockTwits -.
Online gold cost and also charts:.
Live silver cost as well as graphes:.
Do not fail to remember to enroll in Kitco News' Weekly Summary– comes out every Friday to summarize the best stories & video clips of the week:.
Sign up with the conversation @ The Kitco Forums and belong to the premier on-line community for rare-earth elements financiers:.
Please note: Videos are not trading suggestions and also the sights expressed might not mirror those of Kitco Metals Inc
.
$100k bitcoin next year: why 2021 will shatter all records - OKCoin CEO
Bitcoin is becoming 'digital gold' and there is a case to be made for the recent price surge to continue to $100,000 by 2021, says Hong Fang, CEO of OKCoin, one of the largest crypto exchanges in the world.
Fang argues that should bitcoin catch up to even 25% of gold's global market capitalization of $9 trillion, that figure would amount to a price range for BTC of $80,000 to $100,000.
0:00 - Case for $100,000 bitcoin
3:33 - The path to higher price
7:05 - Gold vs. bitcoin correlation
9:00 - Bitcoin and gold comparison
12:09 - Asset allocation
15:44 - Government and crypto
18:50 - OkCoin
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
