The founder and analyst of Standpoint Research, Ronnie Moas has predicted that bitcoin price would reach $5000 in 2018 and reach $50 thousand after ten years.
Recently, Ronnie Moas mentioned in the interview of CNBC that the competitor of bitcoin, ethereum may increase double this year, reaching $400. It is reported by Monas on July, 2017 that the two cryptocurrencies would maintain their stable performance, and benefit from other assets, including stock, bond, legal tender and valuable metals.
“I think investors should have a try for a few years. If you lose, you have tried at least. It seems depressing from the perspective of bystander, but what if it rise by 1000%?”
Except for bitcoin and ether, Monas also predicted that litecoin price would go up double, reaching $80.
In Moas’s report, he showed a list about the upper limit of digital currencies and the markets. According to the list, bitcoin, ethereum, litecoin, NEM and ripple are involved in the top 20 cryptocurrencies.
“I believe the market caps of some cryptocurrencies on top 20 list will be amazing as Amazon, Apple, Netflix or Google.” He added.