In short
- Crypto entrepreneurs Cameron and Tyler Winklevoss think that Bitcoin is still at an early stage.
- Tyler Winklevoss said during a CNBC interview that the leading cryptocurrency will be priced at $ 1 million per coin in 10 years.
- Gemini, the crypto exchange of the brothers, went publicly on the Nasdaq on Friday.
Crypto – Entrepreneurs Tyler and Cameron Winklevoss – The founders of the new public crypto exchange, Gemini – have predicted that Bitcoin Will hit a price of $ 1 million per coin while the ‘gold disrupts’.
Talk about CNBC On Friday, Tyler Winklevoss said That the price of the leading cryptocurrency had taken a long way since they debuted their crypto exchange more than ten years ago.
He noted that the two talked about CNBC Back in 2015, when the digital currency traded for $ 350 per coin. Now it acts above $ 116,000.
“We think there is easy a 10x,” he said. “It’s still very early, and I think we’ll be here for 10 years from now on looking back and saying:” Wow, today was very early. ”
“It is still very much at the bottom of the first inning, because we see Bitcoin acting with $ 1 million dollars per bitcoin, if the gold disrupts,” he added. “And we think Bitcoin is Gold 2.0.”
Camron and Tyler Winklevoss – warning best known for their role in creating Facebook – were in 2014 on Crypto exchange Gemini after early Bitcoin – rear.
On Friday, Gemini launched his IPO and price the offer for $ 28 per share. Shares started to trade on the Nasdaq Global Select Market under the Ticker Gemi on Friday afternoon, with shares that traded at opening $ 37.01, giving the company a rating of around $ 4.4 billion. At the moment the price has fallen to around $ 34.
Gemini, based in New York, can buy, sell and bet the future price of digital coins and tokens. It also keeps crypto.
Cameron Winklevoss added in Friday’s interview that he believes that Bitcoin will serve more as a store than as a payment system. Other prominent financiers such as Jack Dorsey, co-founder of Block and Twitter, disagree.
“We don’t think it should actually be a transactional currency – just like you don’t try to buy a cup of coffee with gold,” he said.
The Winklevoss Twins are not the only crypto -heavy weights that have recently made great predictions for the future price of Bitcoin. Fundstrat Global Advisors Managing Partner Tom Lee also this week said That Bitcoin can reach $ 200,000 by the end of this year.
While BitMex has co-founder and billionaire Arthur Hayes claimed $ 250,000 for the largest cryptocurrency is a realistic target in 2025.
Bitcoin was recently traded for $ 116.507 per coin, according to To Coingecko, an increase of 2% for a 24 -hour period. In the past seven days, the Cryptocurrency flagship has risen by more than 5%. Bitcoin is approximately 6% under the August of all times of $ 124.128.
Daily debrief Newsletter
Start every day with the top news stories at the moment, plus original functions, a podcast, videos and more.