[ad_1]
The cryptic teen star Erik Finman said that Bitcoin (BTC) "could have a bull market or two left inside", but that "in the long run, he died", in an interview with the 17 MarketWatch financial news site December.
Finman is famous for his early Bitcoin investment in 2011, when he apparently bought – at the age of twelve – at $ 12 per coin. The grandmother's $ 1,000 gift from the high school has thus grown to over $ 4 million during the all-time high prices of the 2017 cryptocurrency. Finman has further gained fame by notoriously winning a bet with his parents that if became a millionaire crypto before age 18, he could have chosen not to go to college.
In his interview with MarketWatch, the Finnish teenager observed, "Bitcoin is dead, it's too fragmented, there are tons of infighting, I do not think it will last." He gave an equally gloomy prediction for Litecoin (LTC), the Altcoin founded by Charlie Lee:
"Litecoin has been dead for a while. It's like when the sun is going down and it's that eight-minute period before it goes dark." Litecoin is at his seventh minute. "
More optimism went to "project-based" coins such as Ethereum (ETH) and anonymised ZCash token (ZEC), with Finman giving positive comments to Bitcoin Cash (BCH) – despite its controversial hard fork – affirming his confidence in the technology of money.
Reportedly, the teenager also lashed out against "the hooks and lobbyists" of Wall Street; supported by his initial success, he told MarketWatch: "I'm better at that sort of thing than those millionaires. […] They do not know how the system works, they are nerds. I'm more than this. "
According to Cointelegraph's price indices, at the time of printing the Bitcoin is trading at $ 3.111 – up 10 percent on the day but down more than 36 percent on the month. Litecoin rose more than 16 percent a day to trade at $ 30 but lost more than 30 percent in value on its monthly table.
As previously reported, Finman's quirks include presumably going to Mexico to safely store the hard disk with private keys to his encrypted wallets – in the vein of characters from the famous TV series Breaking Bad. He also talked about plans to buy a Lamborghini with a personalized plate corresponding to his average grade in high school – 2.1 – even if he never graduated.
[ad_2]Source link
