way to calculate Bitcoins future price. The price was usually.5 times higher than the cost of the mining operations. Read more: Unstoppable bitcoin rockets to 11,000 in massive sudden spike. I will still eat my d*ck if wrong, he added.
Most likely it will be McAfee. Tom Lee has become well-known for his bullish stance towards Bitcoin and its future price. BTC has accelerated much faster than my model assumptions. With bitcoin recently smashing the 10,000 landmark on South Koreas cryptocurrency exchange and news of its rise to 11,000 on Wednesday, McAfee appears to have become even more spirited. The cost is bitcoin-kulta kova haarukka kraken currently at 7,000, but he believes that it will reach 9,000 by the end of the year, which will, in turn, increase the coins price.5 times. In a surprising turn of events, Tom Lee has decided to alter his price predictions for. Not only that, but he also believes that Lees price prediction is incorrect and that old models used for predicting BTCs behavior do not work anymore. According to his explanation, the mining cost of BTC, as well as its difficulty, are rising constantly. By using Twitters services you agree to our. The trend of price predictions, despite the fact that Lee is very optimistic regarding the future of Bitcoin, his predictions are still relatively tame when compared to some other analysts have stated.