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The Winklevoss twins think bitcoin could ‘go up another 20 times’ and trounce gold





Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing in the Manhattan borough of New York January 28, 2014. REUTERS/Lucas Jackson

  • The Winklevoss twins think bitcoin could appreciate 20 times and trounce gold.
  • Others say the cryptocurrency is in a bubble.

Traders in the new bitcoin futures market appear bullish on the red-hot coin.

Contracts for the January futures contract on Cboe Global Markets were trading well-above the spot market for bitcoin, at over $17,500 a coin on Monday.

But most traders are nowhere near as bullish as the Winklevoss twins. Tyler and Cameron Winklevoss, whose bitcoin holdings are worth more than $1 billion, told Fox Business Monday the coin could reach well above $300,000 a coin.

“Today it’s about a $300 billion read more >>>

Source:: BusinessInsider.Com

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