Tech

"Bitcoin, 50 thousand dollars in the Long Valley will go on"

Abra named the CEO of the mobile crypto money market, an explanation of the most controversial crypto currency Bitcoin.

Inverse, US technology company Inverse, has given Abra CEO Bill Barhydt his views on Bitcoin in the past few days. According to him, the most valuable crypto unit, Bitcoin, will see the $ 50,000 barrage.

Contrary to other estimates, the official, who did not say a clear timeframe, thus made the forecast better.

Abra applications are becoming a favorite among those who want to control investment from mobile devices at great speed, while also offering access to digital wallets from anywhere. Along with the emergence of smartphones based on block-chain specific to crypto-money investors over the last few months, the prospects for similar applications will increase. It may make sense to expect a rise in long-term cryptographic money markets as these applications will allow more people to invest at the same time.

Increasing the partnership of companies such as Mastercard and Visa to mobile crypto money trading allows cards that are part of our everyday life to play a role in this trade as well. On the other hand, since the level of individual financial literacy is also increasing, it is possible to say that the upsurge will be resistant to sudden decreases.

This is not the first sectoral assessment that Bitcoin will reach the $ 50,000 barrage. The BitMEX CEO, Arthur Hayes, had similar evaluations in an interview with CNBC in early June. Hayes had a timeframe foreseen in his prediction. He pointed to the end of 2018. Speaking after a few weeks, the CEO would be able to realize that the upsurge would happen anyway, as he said that there would be a drop to the $ 6,000 barrier.

The mainstream arguments in crypto money debates on global platforms such as Reddit, on the fact that estimates are in fact no help. There are many investors who think that the implications for the crypto money market are still speculative.

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There is only one opportunity to prove that they are not speculators in front of those who think they are; they should be justified in their foresight.

Source:
                    https://www.inverse.com/article/46955-bitcoin-price-abra-ceo-predicts-50-000-as-crypto-wallet-adds-new-features