17 million 2,941,176. He has also said that due to the fact that bitcoin has a fixed supply, it is still a very underappreciated asset. Going much more long-term, Novogratz said it was within the realm of possibility that the bitcoin market cap could one day reach the current market cap of gold, which is around a whopping 8 trillion USD. The Winklevoss twins emphasized that they will not sell their bitcoins even if the price surpasses 380,000 dollars. As such, youll commonly find him on Twitter making new price predictions based on the Bitcoin booms momentum. In a November 30th interview on Fox Business, Novogratz unabashedly declared that Bitcoin is going mainstream. And Novogratz knows what mainstream and institutional looks like; he used to run a Goldman Sachs trading desk in Asia before becoming a hedge fund manager at Fortress. Firebrand Bitcoin pundit Max Keiser has never made his love for BTC and its potential a secret. In an even newer Twitter exchange, McAfee explained that he believes the BTC price could reach into the billions one day.
Cryptocurrency adoption keeps growing all over the world. Now, we cant count our eggs before theyve hatched. Once renowned for being a prominent Wall Street hedge fund manager, Mike Novogratz has now set his sights on the cryptocurrency space, and hes not turning back. Lets go with 17 million instead of 21 million since many bitcoins have been lost already. But maybe its possible in 30 or 40 years.
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And so a lot of people are starting to se that, they recognize the store of value properties. But that doesnt mean he doesnt respect the beast that BTC is and could. Why would I go and grab some weird fiat subject to the will of some governments? Businesses all around the world, including small shops and merchants, are adopting bitcoin and other currencies as a means of payment. Wall Street Macro Trader Novogratz Sees 40k BTC. In past articles we wrote that enterprises are investing in blockchain technologies and virtual currencies.
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