International Business Machines Corporation (IBM) is one of the biggest American information technology company, which always keeps up to date, when talking about cryptocurrency. So, vice president of IBM

gave an interview

to CryptoFinder, where he talked about Bitcoin price.

Bitcoin Price Prediction

Many famous crypto-world personalities often expresses their opinions about Bitcoin and its price. For instance, John McAfee

predicted

that in 2020 Bitcoin price could reach $1,000,000, if this did not happen in the middle of the year, then it had to in December, 2020.

Tom Lee, the co-founder of Fundstrat Global Advisors,

thinks

that the price of Bitcoin may reach $91,000 in 2020. The expert builds his forecast due to the schedule, which demonstrates the results of past market failures. There are people who do not share the same view on Bitcoin rate, as many predictions, both McAfee and Lee, were not borne out.

IBM and Bitcoin Price

The vice president of IBM, Jesse Lund, talked about long-term prediction of Bitcoin price, saying that people should less think about its volatility and more about its utility. This touches all crypto assets, in overall. In addition, he stated that all speculators and “haters” of Bitcoin vilify its bright future.

“If the price of Bitcoin were higher, there would be more liquidity on the network, we could be having a really different discussion with banks right now,” he says.

During the interview, he mentioned that the Bitcoin price can become higher that it is now, it could reach $5000 this year or even $1,000,000 in upcoming years. Such increase in price is possible if Satoshi will be equal to US penny.

You can watch full interview below:

To predict something in real life is hard, in stock market or crypto world, it is even harder. But some people still do it,

who knows, perhaps, they know something we cannot even imagine?

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