Investment institutions: Bitcoin will climb to 100,000 US dollars, the altcoin will "dead"

Investment institutions: Bitcoin will climb to 100,000 US dollars, the altcoin will "dead"

Heisenberg Capital, a venture capital firm led by early credit digital currency adopters Max Keizer and Stacy Herbert, said Bitcoin's dominance will continue to grow.

The company hinted that the altcoin still lacks viable use cases or lacks a reliable value proposition. "As the BTC climbs to $100,000, we believe that everything except BTC will die."

Most of the top 20 crypto assets in 2013 no longer exist, and ETH, XMR and EOS tokens have replaced Namecoin, Peercoin and Feathercoin, all of which were once smash hit digital currencies. These little-known projects have not only disappeared from the public's memory, but some projects have been completely abandoned, and their token value has disappeared.

In addition, Max Keizer said: "Bitcoin and gold, like traditional French currency, are a 'safe haven' asset."

He believes that once the market generally acknowledges this fact, as capital moves to bitcoin, the value of the asset may exceed its historical highest level. (Mars Finance)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Bitcoin Secret History: What did Satoshi Nakamoto and BM chat in Bitcointalk

Source: Hash Pie Author: LucyCheng In mid-2010, before Satoshi Nakamoto disappeared, not long after BM first came int...

Blockchain

The best activity on the Bitcoin chain for two months, even the handling fee has increased by 89%

On January 19, as of press time, the value of Bitcoin had plummeted by nearly 5% in an hour, when it was worth $ 8,65...

Blockchain

Market analysis on November 20: BTC gradually approached the $8,000 mark, and the subsequent retracement space was limited.

Author | Hash sent analysis team Ethereum price analysis on May 6Seeing the systemic risk of Tether (USDT) from the t...

Blockchain

Review of the week | Bitcoin fell 20%, but Bakkt did not want to back this pot

In the past week, the encryption market has been baptized, and most cryptocurrencies have collectively dive. Bakkt&ap...

Market

Analysis of the madman market on April 22: In addition to the property rise to the ordinary people, the investment is not?

Market analysis Bitcoin: Bitcoin is still a drop-down. Even if the mainstream currency fell sharply yesterday, Bitcoi...

Blockchain

Deutsche Bank: Bitcoin will grow at "speed of light", but it won't replace cash

According to foreign media reports on January 25, a recent survey report released by Deutsche Bank showed that the st...