Ronnie Moas: imbalance between Bitcoin supply and demand will increase price to $300,000

The founder of Standpoint Research, a consulting and analytical company, thinks that the demand on Bitcoin is huge, and the supply limit does not answer to its requirements, so in 2019, Bitcoin might reach from 300 to 400 thousand of dollars only for one unit.

The Bitcoin supply limit was set by Satoshi Nakamoto from the start, probably, to stimulate the market interest. As suggested by Mr. Moas, two years later, the number of various investors around the world who will be interested in Bitcoin will reach 300 million. He compares the growth of Bitcoin with the boom of Amazon: the best investment strategy in both cases will be to buy, await further growth, sell on maximum and buy more on the occasional dips.

Ronnie Moas, financial analyst, has repeatedly stated that Bitcoin will grow further over this year. When Bitcoin cost 3000 dollars (looks like a pathetic price now, doesn’t it?), he was sure it is not the limit and soon, the cryptocurrency’s going to reach 5000. After this happened, he stated: 20 thousand dollars is a reachable price, and this has been practically confirmed yesterday.