$100k bitcoin next year: why 2021 will shatter all records - OKCoin CEO

$100k bitcoin next year: why 2021 will shatter all records - OKCoin CEO




Bitcoin is becoming 'digital gold' and there is a case to be made for the recent price surge to continue to $100,000 by 2021, says Hong Fang, CEO of OKCoin, one of the largest crypto exchanges in the world. Fang argues that should bitcoin catch up to even 25% of gold's global market capitalization of $9 trillion, that figure would amount to a price range for BTC of $80,000 to $100,000. 0:00 - Case for $100,000 bitcoin 3:33 - The path to higher price 7:05 - Gold vs. bitcoin correlation 9:00 - Bitcoin and gold comparison 12:09 - Asset allocation 15:44 - Government and crypto 18:50 - OkCoin __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://ift.tt/2jx3kmz Twitter - https://twitter.com/kitconewsnow Google+: https://ift.tt/2we2mov StockTwits - https://ift.tt/2rkOjsq Live gold price and charts: https://ift.tt/2zhyJDm Live silver price and charts: https://ift.tt/2xRAp16 Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://ift.tt/2w8c2js Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://ift.tt/2x2aB2u Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

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