You can now bet on bitcoin reaching $100,000 in 2020
Jul 17, 2019
Bitcoin has had a tough start to the week, and the price of the world’s biggest cryptocurrency is currently under $10,000.
If despite this, you are positive to bitcoin’s development, you can now bet money that the cryptocurrency will increase very much in value – next year.
It is the US derivative and futures platform Ledgerx which now gives its customers the chance to invest in that bitcoin will reach a price of $100,000 in 2020.
Aware that $100,000 sounds a lot
Ledgerx CEO Paul Chou believes that the futures contract may sound like a crazy idea, but that the whole thing is quite reasonable.
“I understand $100,000 is a large number, but a lot of us who’ve been in this space remember Bitcoin at $1, and then it hit $10 and $100 and $10,000. A $100,000 contract doesn’t even make us blink”, he says to Bloomberg.