Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Just Hit $93,000—
Here's Why Bitwise Thinks
It's Going
to $500K
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Just Hit $93,000—Here's Why Bitwise Thinks It's Going to
$500K
Think you're "too late" to Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin? Amid fresh price peaks, Bitwise CIO
Matt Hougan argues that the asset still has a long way to go.
By Mat Di Salvo
Nov 13, 2024 Nov 13, 2024
2 min read
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Think you’re too late to Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ? You’ve still got time, according to ETF
manager Bitwise’s chief investment• Экономика » Финансы » Инвестиции officer, who predicts sizable gains still
to come.
Of course, he would say that. But crypto asset manager boss Matt Hougan has
laid out some interesting reasons why he thinks the average investor• Экономика » Финансы » Инвестиции » Инвестор can still
snap up “digital gold”—and that being late to Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin would be when or if it
hits the $500,000 mark.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s price soared amid Donald Trump’s Presidential election victory last
week, and has continued to rocket upwards, constantly breaking new all-time
highs. It shot up to a new peak of nearly $93,500 earlier Wednesday, though
has cooled since.
Hougan argued in a Tuesday blog post that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin—and assets like gold—will
continue to be attractive to investors as fiat currency is debased.
“Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is still developing, even after this latest rally,” he wrote, arguing
that it still makes the news when a major institution or pension fund invests
in the asset.
“Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin will increasingly be accepted as a store of value, standing shoulder
to shoulder with gold,” he added, noting that when the asset starts to eat
gold’s market share, it will then be “mature” in his view.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin was created as a peer-to-peer• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть payments network so that anyone with an
internet connection could send or receive money without a centralized player
or intermediary in the middle.
But as the years have gone by, it has become an asset primarily defined as
being a store of value, giving investors eye-watering returns. Other
cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта can be traded faster and with lower fees, but over a lengthy
time span, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin just gains .
It is for this reason that the “orange coin” has long been touted as an
inflation hedge• Экономика » Финансы » Управление рисками » Хеджирование
• Экономика » Финансы » Производный финансовый инструмент » Хеджирование by the crypto community. Now, top asset managers and
traditional finance• Экономика » Финансы » Управление рисками » Хеджирование
• Экономика » Финансы » Производный финансовый инструмент » Хеджирование bigwigs claim the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта is a good bet during
times of uncertainty, and when governments are debasing their currencies.
But there's always risk involved with crypto investment• Экономика » Финансы » Инвестиции, Hougan did warn
would-be investors that his projections might not pan out despite the bullish
vibe in the air right now.
“There is no guarantee that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin will ever be worth $500,000 per coin," he
wrote. "We don’t even know if it will eclipse $100,000."
Edited by Andrew Hayward
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