IBM Crypto VP Thinks Bitcoin (BTC) Can Reach $1 Million – Could He Be Right?

2019-2-22 16:13

There have been lots of predictions regarding the future price of Bitcoin, but no one is yet to beat Jesse Lund in this game. Jesse works as the Vice President of digital currencies and blockchain at IBM. During an interview with Finder.com, Jesse said that Bitcoin has the potential to be valued at a whooping $1 million apiece. But that’s not the only thing he said.

$5k By News Year’s Eve

Asked about his price estimate for Bitcoin by New Year’s Eve, Lund had a somewhat bullish outlook, although not as strong as some of the other people. In his opinion, Bitcoin could be worth as much as $5k by the end of the year, but that doesn’t mean it can’t hit higher. In Jesse’s opinion, the long-term value of Bitcoin is bound for the moon.

$20 Trillion Liquidity

Further expounding on his $1 million price argument, Jesse went ahead to opine that such a high price would work to greatly increase Bitcoin’s liquidity given that a single Satoshi would then be worth 1 US penny. He estimated the total liquidity at that stage at around $20 trillion.

Such good liquidity would positively affect corporate payments as well as many others of high value. In that sense, Jesse is largely bullish for the longer term. In his own words, he said that he sees an upward price trend that could start to form as early as the end of the year, although he still maintained his $5k prediction for the New Year’s Eve. In all accounts, a $5k value would be higher than the current Bitcoin price.

IBM, XLM, And BWW

Jesse also touched on IBM’s engagement with Stellar (XLM) as well as the company’s use of the crypto on its BWW (Blockchain World Wire) network for cross-border payments. Also, he clarified that IBM is still open to more partnerships with even more digital asset networks in order to give users a wider range of options to choose from. The said assets may be XRP, Bitcoin, or even stablecoins. He also didn’t rule out the possibility of the company using other digital currencies issued by central banks.

The BWW network completed the beta stage back in September 2018. The deal for the partnership with Stellar was reached in October 2017. The BWW is beginning to attract customers, with the Canada-based crypto exchange, Coinsquare, being the latest entrant by buying out a Stellar-based DEX called StellarX.

The post IBM Crypto VP Thinks Bitcoin (BTC) Can Reach $1 Million – Could He Be Right? appeared first on ZyCrypto.

origin »

Bitcoin (BTC) на Currencies.ru

$ 94090.92 (+0.12%)
Объем 24H $57.607b
Изменеия 24h: 0.35 %, 7d: -0.16 %
Cегодня L: $91951.2 - H: $94247.58
Капитализация $1863.348b Rank 1
Цена в час новости $ 3889.13 (2319.33%)

bitcoin ibm jesse thinks crypto right could

Источник: zycrypto.com

bitcoin ibm → Результатов: 109


Фото:

Глава блокчейн-направления IBM ожидает рост bitcoin до $1 млн

Курс bitcoin продолжит расти и в перспективе достигнет $1 млн, такой прогноз сделал вице-президент IBM по блокчейну и цифровым валютам Джесси Лунд. По его словам, чем выше стоимость цифрового актива, тем шире область его применения.

2019-2-22 15:14


Фото:

IBM in Three-Way Blockchain Partnership for Sustainable Groundwater Project

The Freshwater Trust (TFT)  a conservation non-profit focused on preserving and restoring freshwater ecosystems, IBM Research  and SweetSense have allied to launch a distributed ledger technology (DLT) pilot that would accurately and transparently measure groundwater usage in real-time in the Sacramento San Joaquin River Delta in California, reported enterprise times on February 11, 2019.

2019-2-12 20:00


Фото:

IBM and MineHub Technologies Collaborate on Metals Supply Chain and Global Mining Solutions Using Blockchain

In an effort to bring new solutions to global mining and the metals supply chain, IBM and MineHub Technologies have announced a collaboration. The two partners will use blockchain technology to improve logistics, financing, operational efficiencies, and reduce costs in the mineral concentrates supply chain from the mine to the end buyer.

2019-1-17 20:29


Фото:

Эксперты: Квантовый компьютер IBM не повредит биткоину

По сообщению издания Bitcoin. com, технологический гигант IBM на выставке Consumer Electronics Show (CES) 2019 представил свою квантовую вычислительную систему.   Однако, этот факт никоим образом не повлияет на коммерческий запуск BitcoinIBM, несмотря на сообщения о том, что данная технология непременно влечет за собой гибель биткоина и криптовалюты в целом.

2019-1-14 13:43


Фото:

Quantum Threat

IBM has just come out with the world’s very first commercially available quantum computer known as the Q System One.   For those of you who aren’t familiar, quantum computers think a bit differently than the PCs and smartphones we have now and are much better at solving complex mathematical problems.

2019-1-12 07:00


ТОП востребованных блокчейн-проектов

Власти и бизнес разных стран часто критикуют криптовалюту, но почти всегда позитивно отзываются о блокчейне. Сегодня сложно представить, чтобы крупная компания не пыталась внедрить эту технологию хотя бы в какой-нибудь элемент своей работы.

2018-12-27 22:07


Фото:

Research: Blockchain Technology to Create Disruption in Global Automotive Sector by 2021

Blockchain technology is primed to take over the automotive industry in the next three years. if senior executives in the sector are to be believed, reported Times of India on December 24, 2018. Blockchain to Augment Business Processes In a joint study conducted by the IBM Institute for Business Value and Oxford Economics, researchers concluded 64 percent of surveyed executives.

2018-12-26 16:00


Фото:

Abu Dhabi National Oil Firm Adopts IBM’s Blockchain Solution

The Abu Dhabi National Oil Company (ADNOC), a leading diversified energy and petrochemicals group that claims to produce roughly 3 million barrels of oil and 10. 5 cubic feet of natural gas daily, has joined forces with IBM  to enable it integrate distributed ledger technology (DLT) into its operations and reduce risks while fostering transparency and efficiency, according to a press.

2018-12-11 00:00


South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time.

2018-12-4 21:41


Фото:

Columbia University and IBM Announce Two Accelerator Programs To Assist Blockchain Innovation

Columbia University and IBM recently launched two accelerator programs designed to help build and grow blockchain startups. According to IBM’s press release published on November 19, 2018, the accelerator programs will provide blockchain founders the ability to access critical resources and expertise required to develop their blockchain network.

2018-11-20 14:00


Фото:

IBM to Develop a Blockchain-Based Solution for Scientific Researchers

IBM revealed it was developing a blockchain-based system allowing a dynamic cooperation between scientific researchers beyond institutional borders and outside interference. Breaking down Barriers IBM is one of the leading computer and software technologies in the world pushing innovation by quickly developing blockchain solutions.

2018-11-14 02:00


Фото:

Немецкая компания открыла майнинговый центр в заброшенной норвежской шахте

Зарегистрированная в Германии компания Northern Bitcoin начала добычу криптовалют на объекте, расположенном внутри бывшей шахты, утверждая, что это помогло значительно снизить энергозатраты на майнинг.

2018-11-12 15:03


Top Crypto News (Nov 8): SEC Shutdowns EtherDelta, Square’s Bitcoin, IBM, BitMEX, Binance, Bitmain

Bitcoin Investors Should Never Use Centralized Crypto Exchanges for Storing Crypto Assets Bitcoin Investors Should Never Use Centralized Crypto Exchanges for Storing Crypto Assets SEC Charges EtherDelta Token Trading Founder for Operating Unregistered Exchange Illegally SEC Charges EtherDelta Token Trading Founder for Operating Unregistered Exchange Illegally Square’s Shareholder Letter Shows $43 Million in BTC Revenue […]

2018-11-9 02:53


Фото:

Dubai Launches the First Government-Backed Blockchain Platform in the Middle East

Dubai partnered with IBM to launch a Government-backed blockchain platform in the Middle East as part of the Government’s Smart Dubai Initiative. According to an Arab News article published on October 31, 2018, the blockchain platform is related to Dubai’s blockchain strategy, where the country is preparing to have the world’s first fully digitized Government by 2021.

2018-11-1 14:00


Фото:

Smart Dubai и IBM запустили платформу Dubai Blockchain

Smart Dubai и IBM запустили платформу Dubai Blockchain, систему, предназначенную для компаний и граждан Дубая, помогая им автоматизировать и оцифровать несколько сервисов. Smart Dubai Office, инициатива наследного принца Дубая шейха Мухаммеда бен Рашида Аль Мактума, который также является вице-президентом и премьер-министром ОАЭ, объявила во вторник о запуске платформы Dubai Blockchain в сотрудничестве с американским техническим […] Сообщение Smart Dubai и IBM запустили платформу Dubai Blockchain появились сначала на Russian Bitcoin Community.

2018-11-2 22:29


Фото:

Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians

In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and […] The post Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians appeared first on Bitcoin News.

2018-10-28 22:00


дальше еще 60 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin (BTC) Can Hit $1M Says IBM Blockchain Chief

Jesse Lund, IBM’s VP of Blockchain and Digital Currencies, as the VP of the blockchain division is bound to… The post Bitcoin (BTC) Can Hit $1M Says IBM Blockchain Chief appeared first on Invest In Blockchain.