Fund Manager Mike Novogratz - Bitcoin is digital Gold and store of Value 11/2017

Fund Manager Mike Novogratz interviewed about Bitcoin on Bloomberg TV. 10/2017.

Hedge fund manager Mike Novogratz, who is starting a $500 million fund to invest in cryptocurrencies, says the bitcoin rally still has some serious legs.

After surging more than sevenfold since December, the largest and most widely known digital currency will end the year at $10,000 from about $8,400, he said. Smaller rival ether will trade at $500 from almost $370 Tuesday.

Bitcoin is like digital gold in that...

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Related topics : bitcoin digital gold / bitcoin investment trust fund / bitcoin trading value