Expert Opinion: Bitcoin Rate Will Cross $100 000 203

Expert Opinion: Bitcoin Rate Will Cross $100 000

CEO of blockchain-based decentralized marketplace Shopin Eran Eyal shared his opinion considering the probable increase of the cryptocurrency`s rate:

“I have no doubt that Bitcoin will reach well over $ 100 000”.

Eran did not mention when Bitcoin rate would rise way beyond $ 100 000 but he mentioned some facts from crypto-history that he based his predictions upon. He states that cryptocurrency ban in China and South Korea provoked Bitcoin rate decrease.

Chinese government is trying to control and ban all online-platforms that advance trade. Currently the cryptocurrency market experiences hard times as South Korea, which is the world’s biggest cryptocurrency trading market except for the USA and Japan, also appeared to be inexorable enemy of virtual assets.

Eran adds:“In the United States, bitcoin exchanges have been closed three times.”

In fact the situation shows that Bitcoin is able to face different challenges and has been quite successfully pulling through. Eran is sure that Bitcoin is not going to collapse. It will become stable again and increase when jurisdictions finally stop their crypto-crackdown.
Eran calls Bitcoin “a store of value”, literally the same as gold.

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Cryptocurrency Prices: Insignificant Growth in the Currency Rating 50

Cryptocurrency Prices: Insignificant Growth in the Currency Rating

According to the trading portal Coinmarketcap.com, Bitcoin (BTC) rose by 0.46% in the last 24 hours. The price at the time of writing is $8315.

The indexes are growing, cryptocurrencies are in the green zone again, although the increase in the rating is no more than 8% of the cost. Ripple added 1.25%, Monero increased by 3.06%, Stellar added 1.32% to the value, EOS rose by 7.30%. Litecoin grew only by 0.43%.

Ethereum is showing an increase by 1.42%. Its value at the time of writing is $704 per coin.

The total market capitalization is $383 billion. Bitcoin accounts for 36.9% of the total amount. It is $141 billion in monetary terms.

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Organizers Used Fake Lamborghinis to Attract Attention to the Consensus 2018 117

Organizers Used Fake Lamborghinis to Attract Attention to the Consensus 2018

Organizers of the conference Consensus 2018 in New York held a kind of promo-action by parking a “Lamborghini” in front of the entrance to the building, where the event was held. The vehicle was provided by the company Broadway Supercars from New Jersey. This has been reported by the CNBC channel.

The point of this was to pass the cars off as the transport of Bitcoin and cryptocurrency investors. As a result of an independent investigation it also became known that the last two Lamborghini vehicles belong to the owner of the renting company, John Nouri.

“We do a lot of this for a lot of companies all the time. It’s an attention grabber. It’s for the people walking in. They all say once you make money in crypto, you buy a lambo. I never made money with crypto but I have ten lambos.” – Nouri said.

The edition notes that the rental price of one vehicle of the company Broadway Supercars is $1000 per day, while its total cost is from $200 thousand and more.

“I see a parallel between young people that are really willing to become very rich with the very high-risk investment, and … the fact that our customers are very young,” Lamborghini CEO Stefano Domenicali told CNBC in a recent interview.

Let us remind you that on Monday, the 14th of May, the Consensus 2018 blockchain conference started in New York. This event is currently the largest in the world. It is devoted to Bitcoin, other cryptocurrencies and blockchain technologies.

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