Published on July 13th, 2018 | by bitcoin0
8.5 million aussie dollars bet that bitcoin really will beat berkshire hathway price
An anonymous investor bet Bitcoin will surpass Berkshire Hathaway’s stock by 2023, which means Bitcoin will have to appreciate by more than 40 times by that time.
Only the lazy would not predict the price of Bitcoin, but now this prediction becomes too bullish.
One so-called crypto expert asked prominent bookmaker Tom Waterhouse to bet AUD $8.5 million (US $6.3 million) that the price of Bitcoin will surpass that of Berkshire Hathaway’s shares and exceed $280,000 by the year 2023.
Big Bet: Well known Crypto expert has just requested a bet of $8.5m AUD to win $1.2bn that a Bitcoin will exceed the price of a Berkshire Hathaway share (c.$280k) by 2023.
Currently, the market price of the NYSE-listed Class A shares of Berkshire Hathaway makes up more than US$288,000.