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Ran Neuner, investor and CNBC program host: Bitcoin will end 2018 at $50,000

04 February 2018 21:00, UTC

CNBC’s host of the program on cryptocurrency thinks that Bitcoin would reach 50 thousand dollars per unit by the end of this year. Ran Neuner’s opinion greatly contradicts with the opinions of most current speakers, who see Bitcoin falling and suspect further cheapening of the cryptocurrency.

Throughout the past year, Bitcoin has demonstrated that it is capable of reaching values previously voiced by only the most daring observers. The jump from only a few thousand dollars in summer to twenty thousand in winter has also cemented the opinion of traditional investors that it was risky to invest in a potentially speculative instrument, although one should not forget about the indirect involvement of the two Chicago-based traditional exchanges in the market by creating Bitcoin futures.

CNBC, the U.S.-based news TV channel, has moved from the practice of occasional news reports on key Bitcoin market events to almost daily reports on this market during the last year. As the community notes, sometimes the invited experts and programs’ hosts do not demonstrate full neutrality and promoted the “cousin” of Bitcoin - Bitcoin Cash, which is supposedly more optimized and was born due to the hard fork of the blockchain of Bitcoin. On the tech aspects of this segregation one can read in the older reports by Bitnewstoday.