Harvard scholar predicts that by 2021 the price of bitcoin may exceed $100 thousand
By February 2021, the price of bitcoin may exceed $100 thousand; a Harvard scholar announced that bitcoin is the first to follow Moore’s digital currency.
In BusinessInsider e-mail, DennisPorto said investors, in the analysis of the bitcoin performance after it is found to follow the rules of “digital technology first” currency.
Porto wrote: “the number of transistors of Moore’s law specifically applicable to the circuit, but also applies to any digital technology. Any form with the exponential growth of Technology (for example: “Moore’s law”) are double the time.
The comments on the occasion, because SegWit will lock the company’s share price in August 9th, so bitcoin prices hit a record high.
In March this year, every coin price reached $3500, and this figure is earlier this year to activate some coins like SegWit, for example, Wright currency.
Porto said that since its inception, the price of bitcoin actually every 8 months to double.
He added: “this is the one and only bring opportunities for investors,” and have a very good response in social media circles.
Although a number of prominent commentators in the future contribute much to bitcoin price of 5 to 10 years out of their views, but in 2021 the price of bitcoin in the $100 thousand range in bold.
This week, MaxKeiser reiterated his bitcoin will reach $5000 confidence in the next few months.