Bitcoin Watch – Xapo CEO and Paypal board member believes Bitcoin could increase 250x

In a recent blog post, Xapo, CEO, Wences Casares called Bitcoin a "fascinating experiment". The CEO, who is also a Paypal Board Member, said in his subjective opinion the chances of Bitcoin succeeding are at least 50%. "If Bitcoin does succeed, 1 Bitcoin may be worth more than USD1 million in 7 to 10 years. That is 250 times what it is worth today."

Stay updated here with how the cryptocurrency is tracking:

baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=BTC&tsyms=USD'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })();