The entire crypto world has been set a blaze by the explosive rise of Bitcoin and there are many high profile people who are continously bullish going forward,the sky\'s the limit. Newly minted Bitcoin Billionaires the Winklevoss twins are one of the more vocal people in the community supporting Bitcoin continuous rise and that it is only the beginning for the world’s leading cryptocurrency. More specifically, they predict Bitcoin to hit atleast 1 trillion dollar market cap sooner or later. If true, that would certainly disrupt things more in the financial sector.
\r\nWhile Bitcoin has its technical issues, its price is still on the uptick. Investors and speculators remain confident this currency will easily surpass $20,000 very soon. So far, that seems not to be the case, but things can always change in this regard. The Winklevoss twins think it is only a matter of time. The twins envision a world in which each Bitcoin is worth $100,000 or more. Ambitious as it is after the bullish year we have experieced nothing is impossible it seems.
\r\nWinklevoss Twins Remain Bullish\r\nA multi-trillion dollar market cap for Bitcoin would be quite the sight. One has to keep in mind the value of all BTC combined was less than $30bn less than year ago. Right now, it is well over $225bn inching higher and higher seemly on a daily basis. Although the price has stalled and decline over the last 7 days, the price will surely discover its new floor and stabilize before continuing its rise. It will all depend on how the Bitcoin futures play out in the coming weeks. If successful, the trillion-dollar market cap for BTC wont be too far away.
\r\nNo one knows for sure how this plays out, though. While the Winklevoss twins remain ambitious, not everyone shares this sentiment. It is possible we have reached the glass ceiling for Bitcoin until the technology vastly improves. No one likes a store of value that’s nearly impossible to move around. There are a lot of problems which need to be resolved in the future. The longer this takes, the more problematic things will get for Bitcoin and delay the pricing surging.
\r\nAt the same time, the Winklevoss twins have been rather accurate with their predictions in the past. One can argue 2017 has been a unpredictable year, for all intents and purposes. Next year may be incredibly bearish, for all we know. Whether or not their prediction will come true, remains a big mystery. Even the Winklevoss twins don’t know if and when major milestones in market cap will be achieved. It’s good to have dreams, but we also have to address Bitcoin’s problems.
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