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Bitcoin price rise to $500k is inevitable, Winklevoss twins say

Published 10/23/2020, 05:03 PM
Updated 10/23/2020, 11:20 PM
Bitcoin price rise to $500k is inevitable, Winklevoss twins say

Gemini crypto exchange founders Tyler and Cameron Winklevoss said that Bitcoin (BTC) will eventually hit $500,000 per coin during a recent interview with podcast host Peter McCormack.

“The question in our mind is not so much does it get to $500,000, but how quickly,” Tyler told McCormack during the Oct. 23 podcast episode. His thesis takes the market cap of gold and theoretical central bank allocation into consideration. "I would sort of contend that $500,000 Bitcoin is actually pretty conservative and the game hasn't even really started," Cameron noted.

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