Max Keiser Predicts $50 Billion Bitcoin Market Cap in 2014

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Is 2014 the year of the bitcoin? Max Keiser — broadcaster and huge bitcoin proponent — thinks so (elsewhere: read the newsBTC interview with Max Keiser).

Keiser sent out a tweet on Christmas Eve predicting that bitcoin market cap will reach an astonishing $50 billion some time in 2014. By comparison, the current market capitalization of bitcoin is about $8.5 billion — down from this year’s high of $14.5 billion during the November spike.

Keiser often uses bitcoin as a point of discussion on his RT program ‘The Keiser Report’, if that is something you’re interested in.

As for the prediction, we’ll just have to wait and see what happens! (via Twitter)