Bitcoin is about to get Really Big!
Luke Ellis, CEO of global active investment firm “Man Group” with a net worth of over $95 billion claims that if Bitcoin futures launch the way they are supposed to, he would take them under his investment inventory wing. In order for this to happen, Ellis claims that Bitcoin must be on the CME (Chicago Mercantile Exchange).
Well guess who just announced that Bitcoin would be on their inventory by end of year (2017), CME! CME’s chairman Mr. Duffy has claimed that Bitcoin would most likely be ready by the second week of December…. Very soon. Bitcoin trading might be coming to Wall Street after all.
Bitcoin was last traded at over $10,000 and analysts indicate that within 5 years, Bitcoin could increase to $20,000 to $55,000! Tom Lee, a major Wallstreet strategist states that regular currencies are very regulated by governmental bodies. If a country wants to decrease their currency price, they simply print more. However, this isn’t necessarily the case for Bitcoin and this could mean a high demand for a low supply essentially increasing its value. The value of owning a cryptocurrency has just increased times a thousand.
Do you have yours yet!?