In a conversation with Bloomberg, a cryptocurrency investor and CEO of Galaxy Digital, Mike Novogratz, compared Bitcoin with a drug, and the current market situation with a "methadone clinic".
BTCC co-founder Bobby Lee predicts that the price of Bitcoin could fall to $ 2,500 in January 2019. Many traders consider this figure too optimistic.
Against the background of an ongoing survey in social networks, in which almost 5,000 people took part, Lee, who is becoming more and more famous for his bullish price forecasts, said that "a large number of purchase and support orders" will help Bitcoin to keep up $ 2000.
The head of Morgan Creek Digital cryptocurrency investment company, Mark Yusko does not lose confidence in the bright future of Bitcoin and cryptocurrencies.
Despite the continuing decline in the cryptocurrency market, Bitcoin enthusiast and owner of Bitcoin.com Roger Ver in an interview with "Bloomberg Daybreak: Europe" confirmed a positive mood for the future of cryptocurrencies.
Known cryptocurrency investor and founder of Heisenberg Capital Ltd. Max Keiser said that in the future, the price of Bitcoin will only grow, and, reaching $ 100,000 will absorb the usual fiat money.
He also expressed the opinion of the "genius" of the Bitcoin protocol, stating that "more you understand" how it works, "more clarity you achieve."
Senior economic adviser to insurance giant Allianz, Mohamed El-Erian, said he believes in the spread of cryptocurrencies, but only as part of a broader blockchain ecosystem. El-Erian told on the Consensus Invest event in New York that he sees Bitcoin and cryptocurrency as commodities rather than currencies.
"There were two confusions made," El-Erian said. "People called it a currency or an asset class. What it is, is part of the commodity complex."
Former NSA employee Edward Snowden expressed some interesting thoughts about the blockchain in a recent interview.
Anthony Pompliano, told CNN in an interview why he and other entrepreneurs are protecting Bitcoin and remain committed to new technologies even though the market is plummeting.
Spencer Bogart, a partner at Blockchain Capital, a venture capital firm, said in a conversation with Bloomberg that despite the long bearish cycle in the cryptocurrency market, cryptoactives still have enormous potential.
The expert still holds positive predictions about the future of Bitcoin, noting the critical role of "programmable money", whose popularity will continue to grow.
Financial analyst and co-founder of Fundstrat Global Advisors Tom Lee changed his forecast for the price of Bitcoin by the end of this year, cutting the figure almost twice.