The popular bitcoin old-time holders, Winklevoss twins has revealed their plans of not selling their bitcoin till it gets to $500,000 each. Giving new investors a signal of hope as they described bitcoin as the “currency of the future.”
Bitcoin is an advanced digital gold hence, the foundational value is $10 trillion, the market cap of gold, which means $500,000 per bitcoin.
So said the Winklevoss twins who got into crypto in 2013 in the wake of being asked how they figured out how to hold for such a long time through the bearish and bullish times.
They contended we’re still right on time as bitcoin will flippen gold with the twins affirming they actually have every one of the coins and even keep on stacking sats through the Gemini charge card.
That gives you cashbacks in bitcoin, permitting you to “transform spending into investment funds,” the Winklevoss said who contended in the event that you keep the cashbacked bitcoin subsequent to purchasing a TV, the coins may ultimately be worth as much as the actual TV.
Curiously the twins uncovered they purchased the coins at MT Gox, however apparently from that point pulled out them and hold in self authority with the twins uncovering in those days in 2013 banks wouldn’t acknowledge holding their private keys in vaults, so expecting them to ‘switch break into the bank.’
In one more meeting at Bitcoin Miami Tim Draper, another old bitcoiner said when asked when he would be selling: “For you to own a bitcoin, you own a currency of the future, so why change the currency of the future into the currency of the past, for example dollars.”
