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Winklevoss Twins Share Confidence Bitcoin Will Reach $500,000

Emily Mason

Summary: Gemini exchange founders and Bitcoin billionaires Tyler and Cameron Winklevoss shared their confidence that Bitcoin will reach $500,000 in a recent podcast interview with Peter McCormack. Tyler told McCormack he believes Bitcoin will definitely hit $500,000, but the question is when. His predicition for Bitcoin's price considers the market capitalization of gold and theoretical central bank allocation. ...

Gemini exchange founders and Bitcoin billionaires Tyler and Cameron Winklevoss shared their confidence that Bitcoin will reach $500,000 in a recent podcast interview with Peter McCormack.

Tyler told McCormack he believes Bitcoin will definitely hit $500,000, but the question is when. His predicition for Bitcoin's price considers the market capitalization of gold and theoretical central bank allocation. Using that model, he predict Bitcoin's price will likely greatly exceed $500,000.

Cameron added in that if Fortune 100 or 500 companies start buying Bitcoin the way company's like Microstrategy have, then Bitcoin's price will start to take off. 

By Emily Mason

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