Reddit Co-Founder Predicts $20,000 Bitcoin In Addition To $15,000 Ethereum - Past Times The Terminate Of The Year!

Earlier this twelvemonth Reddit co-founder Alexis Ohanian left his component subdivision at Reddit to focus on his novel project, Venture Capital theatre Initialized Capital - which focuses on "early phase" investments inward potentially hot novel companies. One of those companies they got inward to early on includes CoinBase, an investment that has sure as shooting paid off.

Speaking to Fortune journal Alexis Ohanian made about bold bullish predictions, stating:

"I’m most bullish close Ethereum merely because people are truly edifice on it." Ohanian continued "At the cease of the year, Bitcoin volition live on at $20,000. And Ethereum volition live on at $15,000. Great, forthwith people tin telephone retrieve me out if I’m wrong."

While a few weeks agone nosotros named Ethereum the 'most undervalued' with the overstep cryptocurrencies - $15,000 honestly seems a chip high.  But with multiple potential solutions to the electrical flow scaling issues on the table, maybe we're inward for a pleasant surprise.

Ohanian believes this twelvemonth is all close blockchain, like to how final twelvemonth was all close artificial news as well as auto learning - with blockchain tech beingness the cardinal inward creating a improve "new internet".

*UPDATE* Alexis has tweeted a correction "I misspoke inward that Fortune piece: I meant to tell 15-hundred non 15-thousand yesteryear cease of twelvemonth for #ETH. Still bullish, though!"

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Author: Ross Davis
San Francisco News Desk