âThe biggest mistake [would] be to buy more bitcoin than you can afford to lose. Bitcoin prices broke beyond $2,200 yesterday and are continuing to surge ahead at the time of publishing. It remains to be seen if either of these claims come true. com/2zlhX0M0fJ While we did not attend and are unable to find a video of the talk, there are a few notable takeaways from scatterings of his speech reported online. â Still, Casaresâ claim is arguably among the most bullish predictions for bitcoin prices yet. Taking the stage at a dinner organized by bitcoin and blockchain advocacy group Coin Center, Casaresâ speech was quite the hit. In early 2016, Casares joined PayPalâs board of directors, with the payments giant describing him as a ârecognized next-generation payment and crypto-currency thought leader.
âPut 1% of your net worth in Bitcoin and forget about it for 10 yearsâ Casares added, baiting new investors to adopt the cryptocurrency. One late 2016 prediction that has already proved right saw Danish investment bank Saxo predict bitcoin prices to rise by 165% (bitcoin was trading around $750 at the time), to leap beyond $2,000 in 2017. He went on to launch a retail bank in Brazil before eventually launching bitcoin wallet Xapo. @wences speech at the 2017 @coincenter gala dinner will go down in #Bitcoin s history as a true gem. Advertisement Website Widget trading trading trading