Winklevoss twins: bitcoin could hit market cap of $400 Billion
The Winklevoss brothers are incredibly bullish on bitcoin, saying recently that its market cap could reach 100 times higher than it is right now. The twins, who are major investors in bitcoin after becoming wealthy from an early partnership with Facebook founder Mark Zuckerberg, told CNBC at the Dealbook conference in New York that a $400bn market cap for BTC would be a "small bull case scenario". Bitcoin's market cap is calculated by taking the current price and multiplying it by the number of bitcoins outstanding. With 11,942,775 bitcoins in circulation, according to Blockchain.info, and....
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Two big names from two different sectors, but still united by one common topic- Winklevoss Twins, known for their involvement in the Bitcoin industry and Nathaniel Popper, for his extensive coverage of Bitcoin in the New York Times and his recent book on Bitcoin titled "Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to reinvent Money" - were together at the GeneralAssemb.ly event organized yesterday in New York. The Winklevoss Twins were interviewed by Nathaniel Popper, asking them a few questions about their start-up and the Bitcoin economy. Winklevoss....
It’s been three years since the Winklevoss twins announced their intention to release a bitcoin ETF to investors. Since then, they’ve battled with regulators and watched as others created and released similar products. Now, we’re again hearing that the Winklevoss ETF will “soon” be released. The question is: will the Winklevoss ETF really ever be cleared for launch? Winklevoss and Bitcoin. In 2012, the Winklevoss twins encountered Bitcoin during a chance discussion with a friend while vacationing in Ibiza. It was at that point that the twins learned the potential for the digital currency....
Injecting an additional US$65m into the ecosystem would push the market cap up a bit. That said, it is possible the Winklevoss twins will use a part of their own Bitcoin stash for this project. The SEC has published a document on the Winklevoss Bitcoin Trust, which is set to issue its own shares to investors. The primary objective of this Trust is to hold Bitcoin, and the initiative is sponsored by Digital Asset Services, LLC. The name Winklevoss has been synonymous with Bitcoin for quite some time now. Tyler and Cameron Winklevoss launched their own Bitcoin exchange, called Gemini,....
Cameron and Tyler Winklevoss, leaders of Bitinstant’s seed funding, have proposed an idea that should shake a few heads in the bitcoin community. Many people use bitcoin for its decentralized and unregulated nature, but the Winklevoss Twins have proposed creating a regulated Bitcoin exchange in the United States. The Winklevoss twins became well known for their lawsuit against Facebook creator Mark Zuckerberg, in which they received a $65 million dollar settlement. As of right now, they are trying to open their exchange, Gemini, which should debut in the coming months. The Winklevoss....
The Winklevoss twins are sitting on the front-line of a new generation of investors. They are, in fact, two of the most influential players in a new world of high technology investments. William Channer, the British designer and journalist, writing in The Guardian, reports a chance meeting with the twins that led to their recent expression of supreme confidence in Bitcoin. They expect that: “Bitcoin will be bigger than Facebook”. Tyler and Cameron Winklevoss were holidaying on Ibiza when a friend first told them about Bitcoin. The twins had just won a $65 Million settlement from Facebook,....