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Crypto billionaire Brock Pierce says Bitcoin (BTC) will either crash to zero or explode to $1,000,000

Crypto billionaire Brock Pierce says that Bitcoin (BTC) will either fail spectacularly or become massively successful.
In an interview with Fox Business, Pierce, the chairman of the Bitcoin Foundation, says investors should refrain from going all-in on the leading crypto-asset.

“[Bitcoin] could go to zero. It’s a binary result. It will either go to $1 million per bitcoin or zero. There will be one thing or another, which is why you shouldn’t put everything there.”

Bitcoin is trading at $36,024 at the time of writing.

According to Pierce, the cryptocurrency landscape currently reminds him of the tech bubble over two decades ago, when there was an eradication of internet startups.

“It reminds me a lot of 1999, right? We are in this phase. And what was the result? eBay and Amazon and all sorts of interesting companies came out of the dot com 1.0 era. And a bunch of them went to zero. And I think that’s probably going to be true of what we’re seeing here.

That doesn’t mean the innovation isn’t real and that it won’t play an important role in our future together.”

In addition to bitcoin, Pierce reveals he is heavily invested in one Ethereum (ETH) Competitor.

“As you know, I have a nine-figure sum at the moment EOS set. I converted all my shares into these. This is public.

In addition, I am very interested in what is going on inside the NFT happens [non-fungible token] Market. I was part of the acquisition and launch of that took place last week.” is a community-driven, non-fungible token marketplace that allows users to create their own profile galleries.

EOS, a smart contract platform for decentralized applications, is trading at $2.02 at the time of writing.

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Source: Crypto News Deutsch

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