31 Aug '17, 10pm

This crypto exec says bitcoin is in a bubble -- but it’ll still hit a $5 trillion market cap: https://t.co/ZJqTMpWZyg

It’s not quite the $500,000 forecast cybersecurity legend John McAfee wagered his manhood on , but Aaron Lasher, co-founder and CMO of Breadwallet, sees bitcoin’s market cap exploding to as high as $5 trillion within the next 10 years. That would put a single bitcoin in the ballpark of $250,000. He warned, however, that there could be some serious pain along the way. “As a longtime bitcoin holder,” Lasher told MarketWatch, “I’m greatly enjoying the recent price action, even though I understand that this bull market will likely be followed by a pretty brutal bear market.” At this point, bitcoin BTCUSD, +1.86% already boasts a bigger market cap than the likes of Starbucks SBUX, +0.05% having hit another record on Thursday to bring its market cap up to $78 billion-plus. Clearly, there’s still a long way to go for Lasher’s most optimistic scenario to unfold. Bitcoin’s noseblee...

Full article: http://www.marketwatch.com/story/crypto-exec-says-bitcoin...

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