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Max Keiser stands by $100,000 Bitcoin price prediction despite current bears

TL;DR

The Bitcoin 2019 Conference began with a bang as Max Keiser, one of the key invitees, wholeheartedly expressed his support to Bitcoin rise. Keiser held on to his one hundred thousand dollars ($100,000) price prediction, despite the current market fluctuations.

The year 2019 has witnessed the bulls taking charge of the crypto markets with some real-time Bitcoin price action. With Facebook’s most-talked-about Libra launch and the G20 Summit adding fuel to the fire, Bitcoin 2019 Conference, held in San Francisco last week, contributed by providing some valuable insights from the industry experts and enthusiasts.

Ran Neuner, the journalist, and founder of a crypto investments advisory company interviewed many Bitcoin propagandists on their perception of the promising Bitcoin trends and likely future of altcoins.

What Bitcoin supporters have to say

Anthony Pompliano, founder and partner at Morgan Creek Digital Asset, continues to remain affirmative on Bitcoin’s one hundred thousand dollars ($100,000) price predictions. Max Keiser, a celebrated Bitcoin bull, chose to express his feelings on the current market with gusto.

The Keiser Report broadcaster literally went on to tear a ten dollar ($ 10) bill in pieces, signifying reassuring prospects for the crypto king, Bitcoin (BTC). Keiser emphasized that with gold making headway again, Bitcoin and Facebook’s Libra will set the trends for hard currencies again.

“Libra is the stocking horse, it is going to destroy FIAT and put the spotlight on Bitcoin, and Bitcoin becomes higher and higher.”

Will altcoins recuperate?

Erik Voorhees, CEO, and founder of a Bitcoin startup company called Shapeshift took a fairly pragmatic approach to the question.

He highlights that ups and downs in Bitcoin prices have been a fundamental part of the crypto markets. One can never really predict what is in store for the altcoins considering the market is driven on emotions. Although Voorhees advocates global adoption of BTC, he also vouches for altcoins’ capability in regaining the lost power.

“The whole asset class moves together.”

Bitcoin is freedom

The event attendees were in for some more treat when the exclusive line of interview shifted its focus on Edward Snowden, the world’s most famous whistle-blower, and journalist. In 2013, Snowden leaked some highly disturbing NSA surveillance practices to the media by trading Bitcoin to use their servers. To date, the audacious act still receives applaud.

In the interview, Snowden refers to Bitcoin as “freedom” – proclaiming it as its most interesting fact. The fact it is borderless and requires no permission, gives its users unbiased and unrestricted independence. He further goes on to ascertain that the global economy is in dire need for this change.

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Manasee Joshi

An avid reader and an enthusiastic writer, Manasee recently chose to dedicate her time doing freelance writing. A degree in English literature and experiences in Administration, HR, finance, literature, creativity and innovation tucked under her belt, she crafts engaging and compelling content for crypto and blockchain audience.

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