Heisenberg-Capital-Says-Bitcoin-At-100000-Would-Kill-Other-Digital-Currencies-By-2021

Heisenberg Capital Says Bitcoin At $100,000 Would Kill Other Digital Currencies By 2021

According to Heisenberg Capital, one of the largest venture capital firms in the cryptocurrency market, Bitcoin could kill other virtual currencies in the future. The venture capital firm seems to be almost all-in on Bitcoin and is supporting the digital asset for it to expand in the market even more.

Heisenberg Capital All In On Bitcoin

In a recent tweet uploaded by Heisenberg Capital, the firm explained that they see the market rejecting everything with the exception of Bitcoin and that they have been investing in this digital asset since 2011. Moreover, they said that they are doubling down on Bitcoin maximalism with new capital.

At the same time, they have also predicted Bitcoin to reach $100,000 in the future and it to be the only leader in the market. That represents an increase of over 1,600 percent from the current value.

The company has already provided funds to many companies in the cryptocurrency space such as Kraken, Bitfinex, ShapeShift, and many others. Moreover, the firm predicts that there is not going to be future altcoins. Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB) or XRP would not survive in the future.

The fund has been founded by Max Keiser and Stacey Herbert and follows a Bitcoin maximalism philosophy. In the last few weeks, Bitcoin has been traded positively while other digital assets were falling. At the same time, the most popular cryptocurrency has already surpassed 55% market dominance.

Max Keiser expects Bitcoin to reach $100,000 because there will be a supply shock in the future. There will never be more than 21 million BTC in the future. With a growing or stable demand for the asset, the price of the digital asset could reach new all-time highs. Moreover, in as soon as the next year, Bitcoin is going to be halving and reducing its new issuance of Bitcoin from 12.5 BTC to 6.25 BTC.

Other experts such as Tim Draper believe that Bitcoin is going to reach $250,000 in the future, while John McAfee expects the digital asset to be traded close to $1 million.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $164.37B $9,250.0561 1.40% $5.15B
ETH $28.56B $267.9900 0.18% $1.89B
XRP $18.29B $0.4303 -0.72% $476.36M
LTC $8.44B $135.4422 -1.52% $962.96M
BCH $7.31B $409.4516 -1.36% $189.44M
EOS $6.24B $6.7808 -1.26% $635.58M
BNB $4.89B $34.6354 -1.33% $343.16M
BSV $3.94B $220.7930 -1.56% $110.79M
USDT $3.54B $1.0027 0.22% $4.57B
XLM $2.37B $0.1224 -2.25% $66.46M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.