NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

SecondMarket Chief Silbert Bullish on Bitcoin: Predicts Another Bubble

newsbtc
newsbtc
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Barry Silbert
Barry Silbert, Source: Twitter

SecondMarket Chief Executive and founder of the Bitcoin Investment Trust Barry Silbert remains not surprisingly bullish on bitcoin and its price.

While many of us (me included) don’t pay attention to the price of bitcoin, it’s a huge talking point amongst enthusiasts and the suits on Wall Street — whether you like it or not.

And Silbert’s confident we’ll see another price bubble the likes of which we saw in 2013 which essentially made bitcoin a household name. In case you’re new to the community or your memory is equivalent to that of a goldfish, we had two major price spikes in 2013.

The first of which we encountered about a year ago in April, when the price surpassed $200, up from two digits. Later in the year in November, we saw the price exceed $1000, thanks to China’s loving embrace of the digital currency.

With the onslaught of not-so-good news (see Mt. Gox, and much more), the price has lately been, well, down. About 30 percent in the past month, according to Bitstamp data on Bitcoinity.

“I guarantee there will be another bitcoin price bubble,” Silbert was quoted as saying at the Inside Bitcoins Conference in New York City. That’s according to Bitcoin Owl‘s Ivan Raszl, who adds in a Reddit submission that millions of dollars are ready to be thrown in by Wall Street investors waiting for institutional infrastructure to come online.

While some of the chart-watchers see this as great news, others aren’t quite seeing the appeal of Silbert’s comments.

“[I]n competition for one of the stupidest things I have ever heard,” wrote a commenter in response. “Way to make bitcoin sound like a pyramid scheme. How about hoping for institutional investment so we can come to a stable price point?”

“I actually don’t really enjoy the term of ‘another Bitcoin price bubble.’ Seriously, do you just want another bubble that can pop? Or, do you want something to actually gain real value,” another added.

Whether or not Silbert is right, we’re in for an interesting ride. What do you think about Mr. Silbert’s comments?

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 6

  1. Vinnigar says:
    11 years ago

    I think if Barry Silbert says its going to happen, then Its pretty much going to happen!

    Reply
    • Aliice says:
      11 years ago

      Yes Barry is the sole decider of the fate of bitcoin? My bets are it is going to tank and soon.

      Reply
  2. Aliice says:
    11 years ago

    ha ha ha…what a joke. Bitcoin is on the nose for good reasons.
    Despite the bullshit Wall street biased mainstream media…the average person isnt hunting it (bitcoin) down to own. What does that tell you? A few are pumping and dumping and the majority of small bitcoin owners get fleeced unless they can their timing in line with the 1% who own it?
    Come on….the minority who own it are bullish and the majority are idiots.

    Reply
    • Mattfishy says:
      11 years ago

      Lol. I just looked through your last posts. Ur a miserable old bat aren’t you.

      There’s a lot to be optimistic about with bitcoin, but there’s a lot of uncertainty. There are always going to be bubbles. Whether or not it survives long term, doesn’t change the fact that right now, it’s an interesting investment.

      One thing I have found in the bitcoin community, is that the more people seem to know on the topic, the more bullish they are.

      Reply
      • Aliice says:
        11 years ago

        The bitcoin community of criminals and tax evaders you mean?

        Reply
        • Aaron Hill says:
          11 years ago

          I’m not a tax evader or criminal and I own Bitcoin. What say you? I could say the same about fiat dollars. The 1% who own the most dollars are tax evaders and criminals. And I would be completely correct with that statement….fortunately the world is not as black and white as you portray it to be.

          Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 6

  1. Vinnigar says:
    11 years ago

    I think if Barry Silbert says its going to happen, then Its pretty much going to happen!

    Reply
    • Aliice says:
      11 years ago

      Yes Barry is the sole decider of the fate of bitcoin? My bets are it is going to tank and soon.

      Reply
  2. Aliice says:
    11 years ago

    ha ha ha…what a joke. Bitcoin is on the nose for good reasons.
    Despite the bullshit Wall street biased mainstream media…the average person isnt hunting it (bitcoin) down to own. What does that tell you? A few are pumping and dumping and the majority of small bitcoin owners get fleeced unless they can their timing in line with the 1% who own it?
    Come on….the minority who own it are bullish and the majority are idiots.

    Reply
    • Mattfishy says:
      11 years ago

      Lol. I just looked through your last posts. Ur a miserable old bat aren’t you.

      There’s a lot to be optimistic about with bitcoin, but there’s a lot of uncertainty. There are always going to be bubbles. Whether or not it survives long term, doesn’t change the fact that right now, it’s an interesting investment.

      One thing I have found in the bitcoin community, is that the more people seem to know on the topic, the more bullish they are.

      Reply
      • Aliice says:
        11 years ago

        The bitcoin community of criminals and tax evaders you mean?

        Reply
        • Aaron Hill says:
          11 years ago

          I’m not a tax evader or criminal and I own Bitcoin. What say you? I could say the same about fiat dollars. The 1% who own the most dollars are tax evaders and criminals. And I would be completely correct with that statement….fortunately the world is not as black and white as you portray it to be.

          Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why The Solana Price Could Crash To $95 Before Reaching $200

The Solana price has fallen by a considerable amount after hitting an all-time high of almost $300 back in January...

Scott Matherson 9 hours ago
Dogecoin koers klaar voor groei dankzij whale activiteit?

Dogecoin-whaleactiviteit stijgt met 112%: explosieve groei verwacht

Dogecoin mag dan inmiddels wel een gerespecteerde token zijn, dat wil niet zeggen dat de koers niet bijzonder volatiel is....

Lars Diederiksen 9 hours ago
crypto scam, crypto

Happy Ending: Crypto Hacker Returns Funds From $42 Million GMX Exploit

In a positive development for the crypto community, the individual responsible for the GMX exploit accepted the platform’s bounty and...

Rubmar Garcia 10 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin SOPR Signals More Gains Ahead Despite New ATH – Analyst

Semilore Faleti 9 minutes ago
Dogecoin

Dogecoin Megaphone Pattern Confirms Price Blowup, ‘Don’t Miss This Last Rally’—Analyst

Scott Matherson 1 hour ago
Crypto Founder Pushes Ethereum As World Reserve Asset: A Yield-Backed Store Of Value

Crypto Founder Pushes Ethereum As ‘World Reserve Asset’ – Details

Sebastian Villafuerte 6 hours ago

Premium Sponsors

Press Releases

  • [Lightning Launch] CoinBase Miner Earns $9141 a Day...

    2 hours ago
  • 4 kryptomeny, vďaka ktorým toto leto zmeníš 1000 € na...

    18 hours ago
  • 3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    19 hours ago
  • 4 kryptowaluty, dzięki którym tego lata zamienisz 1000 zł w miliony

    4 kryptowaluty, dzięki którym tego lata zamienisz 1000...

    19 hours ago
  • 4 criptomonede cu care poți transforma 1000 de lei în milioane vara aceasta

    4 criptomonede cu care poți transforma 1000 de lei în...

    22 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.