Bitcoin has made a strong start to the new year after a troubling 2018 and now some of the cryptocurrency's biggest supporters are making bold bets about its long-term potential, hoping to drum up a fresh wave of enthusiasm and support for the bitcoin price. If we're right, then over time the market cap of bitcoin will surpass the $7 trillion market cap of gold," Tyler added. The twins also said they "are committed as ever" to making a bitcoin exchange-traded fund (ETF) "a reality." Bitcoin and cryptocurrency investors who have weathered the so-called crypto winter are though eagerly looking forward to major global stock exchanges offering bitcoin futures contracts and the highly-anticipated Bakkt bitcoin platform. Meanwhile, Andreas Antonopoulos, a long-time bitcoin advocate and author, said he also expects bitcoin’s market cap to one day eclipse that of gold.

Source: Forbes January 08, 2019 09:44 UTC