$100,000 Bitcoin Price Will Kill Every Other Cryptocurrency by 2021: Major Crypto Fund

Bitcoin maximalism will cannibalize every other cryptocurrency within two years, according to an investment
fund.

 

BITCOIN PRICE WILL RAGE TO $100,000

Heisenberg also took the opportunity to double down on its optimistic bitcoin price target of $100,00.
Keiser says the bullish surge to $100k will be driven by a supply shock. Bitcoin’s capped supply of 21 million will inevitably trigger a gold rush as supply diminishes. 

“EVERYTHING EXCEPT BTC WILL DIE OFF”

The fund, which has financed some of the biggest crypto startups included Kraken, Bitfinex, and ShapeShift, predicts there’s no future altcoins. Ethereum, XRP, and this year’s best-performing alt-coin BNB, it says, will be rejected by the market.
Heisenberg founders Max Keiser and Stacey Herbert claim their bitcoin maximalism is a long-held philosophy. Now, that concept will be the sole driving force behind their investment decisions. 

BITCOIN DOMINANCE? NOT EVERYONE AGREES

Heisenberg’s tweet triggered a strong response from those quick to disagree. One commenter pointed out that alt coins drove the 2017 rally, with bitcoin falling outside the top-ten performers. 

WHAT ABOUT HEISENBERG’S INVESTMENTS?

The fund’s prediction that “everything except bitcoin will die off” seems somewhat strange given some of the firm’s investments. One of its biggest-name investments is ShapeShift – an exchange designed to exchange between bitcoin and altcoins.
The firm has also invested directly in alternative blockchain projects including Storj, Startcoin, and EOS.fish. 
It looks like Heisenberg will pivot away from any altcoin investments in the future and focus solely on bitcoin going forward. 

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