College entrance examination essay topic: "Prediction", this Bitcoin prediction king can get full marks!

On the evening of June 6, Bitcoin once again became a news topic on CCTV Finance. CCTV Finance reported that the price of Bitcoin in the Chinese market broke through the 20,000 RMB mark, and the international price also broke through the 3,000 USD mark, which attracted widespread attention in the market. In fact, the international price of Bitcoin has risen by nearly 130% in the past month.

Bitcoin is gaining attention from mainstream media

Clearly, Bitcoin is getting more mainstream media attention these days. And as Bitcoin continues to receive more valuable mainstream media coverage, many well-known investors are beginning to publicly support Bitcoin more frequently.

This week, Mark Cuban, owner of the NBA's Mavericks, who has 7.1 million Twitter followers, gave Bitcoin a thumbs up on his Twitter.

“I just subscribed to Inside Bitcoin, and you should too.”

In addition to Mark Cuban, John Bollinger, the inventor of the financial analysis indicator Bollinger Bands, recently mentioned Bitcoin to his 11,000 Twitter followers. In addition, professional poker player and socialite Dan Bilzerian explained to his 22 million Instagram followers that he had just invested in Bitcoin last week.

Bitcoin is rising rapidly, and the prediction of the emperor is so accurate that it is frightening

Today, the 2017 National College Entrance Examination officially kicked off. Earlier, the essay topic for this year's Shanghai College Entrance Examination was released, and the topic was: prediction .

Speaking of predictions, I can’t help but think of a prediction master in the cryptocurrency circle, Vinny Lingham.

As early as 2016, the prediction master pointed out: "800 US dollars is not the end of the rise in the price of the currency. The price of the currency is likely to reach 3,000 US dollars in 2017. The government will become the largest buyer in the field of Bitcoin, pushing the price of the currency to a new height."

In the past few years, Lingham has been one of the few people in the industry who can accurately analyze the trend of the currency price. He predicted in April 2016 that the market value of Bitcoin would reach 15 billion US dollars before the end of the year. At the end of 2016, the market value of Bitcoin officially exceeded 15 billion US dollars.

Bitcoin may still have upside potential

Sean Walsh, a partner at Redwood City Ventures, said in a report that the price of Bitcoin should continue to rise.

“It may sound a bit exaggerated, but I can’t overemphasize the huge mismatch between the number of bitcoins and the number of potential global buyers,” Walsh said in the report. “300,000 adults in the world can buy bitcoins online, but only one bitcoin is produced each month, and that’s 55,000 people competing for it.”

Brian Kelly, CEO and founder of BKCM, responded to Walsh’s comments in an email. He said:

“We are in the first few years of what could be a multi-year bull run. Sure, there will be corrections and even crashes along the way, but Bitcoin will continue to exist.”

Investors also poured more money into the technology after Minneapolis Fed President Neel Kashkari said the blockchain technology behind bitcoin had more potential than bitcoin itself.