Brandon Mintz thinks that in one year the market capitalization of the popular cryptocurrency could be equipped with gold.
Bitcoin Depot’s president and chief executive, Brandon Mintz, said the value of the bitcoin cryptocurrency will increase to $ 100,000 in the final of 2021, the business insider reported last week.
Last month, Tesla announced an investment of $ 1,500 million in the popular cryptocurrency, and stated that it could afford to buy its electric cars with it, which provoked a subsidy of 13%, marking a new record of $ 43,725.51 by unity.
‘Creo que va a haber un domino effect means that the time passes, article three article, announcing company names that put the bitcoin in its inversions “, explains Mintz, who directs the company that operates automatic cashways all over the world.
In this sense, the president of Bitcoin Depot thinks that cryptocurrency will be considered at the same time as other active securities. “It is entirely possible that within 10 years the income of these entities contributed is based on the effective, in the bonuses and in the cryptocurrencies”, added.
An impact much mayor
Mintz argues that in the past it has been observed that particular investors are pushing demand and, in the end, its price. “But these large institutions now have a much larger impact, because now there are thousands of millions of dollars that can be used to buy bitcoins in a very short time lapse,” she said.
For this reason, I hope that, while the companies understand it alcista context, el bitcóin pueda llegar a cotizar up to $ 100,000 in the finals of this year.
Asimismo, too, the contrast between the gold market capitalization, of 12 trillion dollars, and the popular cryptocurrency, which moves 837,000 million dollars, indicating that it hopes that the bitcoin equal to the metal inside of one year.
And the dog?
Mintz creates that it is likely that companies that buy bitcoin will experiment with an increase in the price of their actions, attracting other companies, such as Tesla and MicroStrategy. “Many entities are taking note, especially those that have extra money in their balance”, assures.
For the last time, the CEO of Bitcoin Depot has been skeptical about the future of the dog, the cryptocurrency inspired by a meme. “No creo que tenga nie ningún valor subyacente real “It’s a lot of fun for the people who want to use the dog as the main medium of exchange in the world”, he said.
“I believe that it is more than a game in short space, I believe that its value will decrease and it will have a point of price similar to the ten years before that bomb”, added Mintz, questioning the ability of this cryptocurrency to be adopted at the level of other cryptocurrencies like bitcoin.
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