Bitcoin price is very low, it must reach 500 thousand dollars-a million dollars this course: Adam Odeh

Bitcoin price Adam Pak said that it is strange at the present time and could rise to $ 500,000 or until it reaches one million dollars for this four -year course.

In an interview with DecipherThe famous computer world and CEO of Blocksteam said that The largest and oldest encrypted currency It should be higher.

Bitcoin was recently traded for $ 103,300 per currency – not confined last day, but more than 7 % during the past week, According to To Crypto Markets, Coingecko Data provider. It is only 5 % of its highest level ever near 109,000 dollars, although the spring spring is late in the winter.

Back, who holds a doctorate in computer science in systems distributed from the University of Exeter, has long participated in encryption, Decipher: “I think this course may rise, but the course extends for a few years, right? So I was thinking about 500,000 dollars to a million dollars, because there is a lot of what happens.”

He added: “It does not seem to be a clear logical reason for me about the reason we are in only $ 100,000. This is not very high due to all things that are different compared to a few years.”

Note again approval Bitcoin etfs spot In the United States, which has generated more than $ 41 billion of net flows, and friendly policies of encryption from US President Trump.

The best organizer in Wall Street, Supreme Education Council, last year consent Bitcoin Etfs – Funds managed by Blackrock and Fidelity – which allow investors easily access to BTC with stocks that can be purchased via mediation accounts.

Approval of funds led to the flow of new money to the area from the investors who were previously imprisoned from the field of investment in encryption.

Bitcoin Newest record– in January – not that High Compared to previous sessions When looking at the movement of the currency after its half historical events. BTC He tends to move in four years.

But Back said he believed that the intermediaries and individual investors tend to buy things that have already risen, so more money will flow into space with Bitcoin’s height, creating price momentum.

“I think if you get the highest new level ever, it may be much higher,” he said.

Back is the co -founder and CEO of Blocksteam, a Bitcoin infrastructure building, such as the encryption portfolio.

Email men with the mysterious Bitcoin creator – or Creators–Satoshi Nakamoto In 2008, the year in which the original paper was published that determines the Blockchain network. Bitcoin mining is derived from Hashcash, a work proof of work invented by the back.

Edit James Robin