Bitcoin Worth $884 mln In 2023?


Bitcoin, as you probably know, is the most popular cryptocurrency and also – the first one. Created in 2008 by Satoshi Nakamoto, a mysterious programmer who created not only crypto but also blockchain technology on which digital currencies are based.

The journey of Bitcoin can be called a turbulent one. The price acted very stably until the end of 2017 when it reached its highest value of over $20,000. The 5600% growth surprised traders and investors but also made headlines for BTC, making it vastly recognizable outside the original crypto community.

Since BTC price dropped (one month later after its ALT – all-time high), the community was speculating if the cryptocurrency will repeat the December ‘17 success. The loudest were big names like John McAfee who predicts BTC will reach $1 million by the end of 2020, Chamath Palihapitiya with the same prediction but by the end of 2037 and Thomas Lee – $25,000 by the end of 2018. To this small betting/prediction game has joined a new player who has decided to stay anonymous.

As Tom Waterhouse, one of the biggest Australian book masters, reported – some crypto expert has bet that 1 bitcoin will exceed the price of 1 share in Berkshire Hathaway by the end of 2023. He bet exact 8,5 million AUD and the prize, in that case, will reach 1,2 billion AUD (~884,7 million dollars).
Right now, the price of BTC is $6 277,04 and the price for 1 share of Warren Buffet Berkshire Hathaway is around 280,000 USD.

If you want to comment this article, visit our forum!

The site shall not be held responsible for any consequences resulting from the use of data contained in the pages of the site.