Top crypto venture capital firm, Heisenberg Capital, opened up concerning its position on the future of cryptocurrencies. In a post on Twitter, the company said Bitcoin (BTC) is the one cryptocurrency whose survival and growth will kill other altcoins.
The tweet was posted by Heisenberg Capital’s founder Max Keiser. He also emphasized his position on the $100,000 price predicted for Bitcoin.
Evidently, Keiser predicted Bitcoin’s price in 2011. But, the market has not been friendly enough to push Bitcoin high that quick, especially after the 2017 all-time high.
Some people in the crypto sphere disagree with Keiser predictions. There are some core altcoin fans who believe there will be growth for their coins of choice as well. However, many experienced analysts and traders in the industry agree with him.
For example, a crypto trader named Scarface predicts that only a dip in the Bitcoin price would give altcoins a limited chance to partake in the severally predicted bull market.
John McAfee, a prominent figure in the industry, made predictions about a $1 million Bitcoin by 2020.
Earlier, he predicted the price to be at $500,000. But, he later said Bitcoin’s growth was too fast for it to stop at half a million dollars by the projected time.