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Prescient Investor Predicts Stability and Bitcoin Price Back at $20,000

Despite his bullish call on bitcoin, Neu-Ner’s money is on Ethereum, which he says is run by “the smartest people in the world,” in reference to the developers who he recently got to know at a conference held in Cancun.

He touts Ethereum for its multiple use cases, ranging from hedging to betting, to voting, for instance, all on the Ethereum network. Meanwhile, bitcoin’s use cases are twofold — as a currency or a store of value, the latter of which is how Neu-Ner views the cryptocurrency, referencing it as “digital gold.”

Meanwhile, he points out it’s only been about a year that cryptocurrencies have become accessible to the retail investor, and they’ve not even attained wide-scale adoption yet. “2018 is the year where the mechanisms to allow retail consumers to get into cryptocurrencies start to open themselves up,” he said, adding that it will stabilize the price.

Reference: https://www.ccn.com/prescient-bitcoin-investor-predicts-stability-20000-btc/