The well-known Bitcoin-optimist and former hedge fund manager Michael Novogratz, who previously assumed the price movement of Bitcoin to new historical heights until the end of 2018, revised his forecast.
The well-known Chinese OTC trader and cryptocurrency billionaire Zhao Dong believes that the next 15 months is the ideal time to acquire a cryptocurrency. According to Dong, you need to select a "quality undervalued project", buy its tokens and do not sell them for a long time.
In a note to Fundstrat Global Advisors clients, analyst Tom Lee wrote that the Ethereum is ready to change the trend to a bottom line and make a strong rally.
American economist, Nobel laureate, as well as ardent cryptocurrency skeptic Paul Krugman once again criticized the cryptocurrency and its supporters.
Krugman, who previously called Bitcoin "evil", said that the cryptocurrencies are the embodiment of economic regression that discards the financial system for 300 years ago. According to him, in Bitcoin, he is confused by two things: transactional costs and "no binding".Bitcoin is a social phenomenon, whose popularity differs by geographic regions, says Robert Schiller, an American economist, author of popular economic books, and winner of the Nobel Prize in Economics.
"The East Coast is less into it than the West Coast," Shiller said Tuesday in a Bloomberg Television interview with Tom Keene and Guy Johnson. "Silicon Valley is really into it. This to me shows that this is not a rational response to new information." he said.
Despite the fact that Lloyd Blankfein does not own Bitcoins (as well as his investment bank), Goldman Sachs believes that critics should not ignore the future of the first and most important cryptocurrency. During a speech at the event The Economic Club of New York, Blankfein demonstrated an optimistic attitude towards the digital currency. CEO Goldman Sachs announced the possibility of a future in which Bitcoin and other cryptocurrencies will squeeze out official money - just like the Fiats once replaced gold and precious metals.
Steve Wozniak, co-founder of Apple Computers, shares the view of Twitter CEO Jack Dorsey, who believes that Bitcoin will dislodge altcoins from the market.
"I buy into what Jack Dorsey says, not that I necessarily believe it's going to happen, but because I want it to be that way, that is so pure thinking, "he said.