BitSeven.com - The World Crypto Con, which has just finished in Las Vegas, had a curious ending. Two crypto investor behemoths made a bet on the price level Bitcoin will reach by the end of next year.
Ronnie Moas, a crypto trader who also deals with stocks, publicly stated that he bets $20,000 against Vinny Lingham, founder of $CVC. Moas claims that Bitcoin will surge to $28,000 by November-December 2019. The money he can win, he clarified on Twitter, will be donated to charity foundations.
The crypto community demonstrated a mixed reaction to this event. The majority apparently believes that Moas is most likely to win. The trader even made a retweet of a user’s post in which the guy expressed his condolences to Lingham for his future financial loss.
Taking into account that the Bitcoin rate has slightly risen and got more stable recently and seems to keep around the $6,400 point more or less, this stabilization on the market may well produce a bullish trend in the short term. Besides, institutional investors have been actively pouring their money in the major crypto coin; so, the chances that the BTC quote may sour within a few months are good.
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