Bitcoin (BTC) May Hit $1 Million, BitBoy Says, Here's When
Bitcoin may hit $1 million, here's when: BitBoy Armstrong tweeted that he does believe that the flagship digital currency may reach the $1 million level within 90 days. In fact, he does not think it may happen even within a much longer period of time. The crypto blogger assumed that such a mind-blowing price surge may take place no earlier than 2032 — nine years from now. Several major figures in the crypto space and the financial industry have disagreed with the above-mentioned forecast of Bitcoin hitting $1 million in three months. Prominent scholar and risk manager Nassim Taleb has criticized this bet. Savvy commodity trader Peter Brandt has called this bet none other but "stupid." Kraken chief executive Jesse Powell believes that in terms of USD, Bitcoin is "going to infinity," therefore his prediction of about $1 million may sound reasonable. However, he also stated that if this happens, it is likely to occur over the next 10 years. In December, BitBoy...