Bitcoin price: Cryptocurrency could reach $100,000, investor claims

Monday, February 12, 2018

Bitcoin’s price could reach up to $100,000, according to Ryan Derks of US-based cryptocurrency investment management firm, Ryan’s Hodl Fund. Mr Derks says: “I believe 100,000 dollars for a Bitcoin is not far-fetched as you make think.”

Mr Derks further states: "Adoption rate of cryptocurrencies is key and will play a pivotal role in developing countries. Emerging economies will also be incredibly influential as adoption rate currently among these countries is shooting through the roof.”

“Most of these countries are well informed and educated and they see the long-term benefits of cryptocurrency that cannot be manipulated.”