Unbelievable Bitcoin Forecast from Microstrategy CEO!
Microstrategy CEO Micheal Taylor, who started buying Bitcoin in the summer, made positive statements about Bitcoin.
Unbelievable Bitcoin forecast came from
Microstrategy CEO. Microstrategy and CEO Micheal Saylor, who started buying Bitcoin in the summer of 2020, continued to convey his positive thoughts about the popular cryptocurrency.
Speaking to CNBC on Tuesday, when Bitcoin fell sharply, Saylor stated that the coin will one day reach a market value of $ 100 trillion. Saylor's estimate is about 100 times the current market value.
Bitcoin Will Surpass Gold
Expressing his positive opinions about Bitcoin,
MicroStrategy CEO said that the market value of Bitcoin will surpass gold and continued his words as follows:
“We have a planet worth 500 trillion dollars with money on the outer layer. Next comes stocks, bonds and real estate. There is a 10 trillion dollar gold market. Bitcoin is worth $1 trillion… Bitcoin will surpass all existing gold market value. Later, when it reaches a market value of $ 100 trillion, it will also multiply negative interest-earning debt and money indices. When it reaches a market value of $ 10 trillion, volatility will be much less than today. When it reaches $ 100 trillion, the growth rate will drop and Bitcoin will become a tool that ensures the stability of the 21st century financial system.”
"1 Billion People in 5 Years .."
Saylor, who continued his optimistic attitude despite the negative statements of the US Treasury Secretary Janet Yellen, who saw Bitcoin as speculative, stated that the demand for Bitcoin will increase day by day and said:
“I think about 1 billion people will be keeping their assets on their mobile devices in the next 5 years. These people will want to use a dominant digital currency network like Bitcoin. “
MicroStrategy completed its second convertible bond offering of $ 1.03 billion, which it launched last week with the aim of buying BTC. The first bond sale of $ 650 million was also realized in December. According to official reports, the company currently has 72 thousand Bitcoins.