{"id":52897,"date":"2021-11-15T15:30:12","date_gmt":"2021-11-15T13:30:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52897"},"modified":"2025-09-03T12:26:19","modified_gmt":"2025-09-03T09:26:19","slug":"scaramucci-bitcoin-could-trade-at-500000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/scaramucci-bitcoin-could-trade-at-500000\/","title":{"rendered":"Scaramucci: Bitcoin could trade at $500,000"},"content":{"rendered":"<p>Bitcoin could easily reach a price of $500,000. SkyBridge Capital founder Anthony Scaramucci made such a forecast on CNBC, citing the restricted supply of the first cryptocurrency and the potential number of wealthy investors in it.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#8220;These coins will easily trade at $500,000 a coin. You don&#8217;t even have enough bitcoins for every millionaire in our society to own one coin,&#8221; says <a href=\"https:\/\/twitter.com\/Scaramucci?ref_src=twsrc%5Etfw\">@Scaramucci<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&#038;ref_src=twsrc%5Etfw\">#btc<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> <a href=\"https:\/\/t.co\/AxB9F4Vqyq\">pic.twitter.com\/AxB9F4Vqyq<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1459161905705140227?ref_src=twsrc%5Etfw\">November 12, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>According to JPMorgan, there are at least 49 million dollar millionaires, but the supply of digital gold is limited to 21 million coins, he noted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>There are not enough bitcoins for every millionaire in our society to own at least one coin,&#8221; he stressed.<\/p>\n<\/blockquote>\n<p>In his view, the price of the first cryptocurrency would reach that level by the end of 2024 or mid-2025 if Cathie Wood\u2019s forecast comes true. Earlier, Cathie Wood, founder of ARK Invest, predicted that by that time the number of Bitcoin wallets would reach one billion.<\/p>\n<p>Scaramucci described digital gold as an inflation hedge and said that current levels remain an early opportunity to enter the asset.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>As for me, I am doing all I can to explain to people why they should own this right now,<\/p>\n<\/blockquote>\n<p>Earlier, Scaramucci said Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/anthony-scaramucci-bitcoin-is-the-global-reserve-currency-of-the-future\">could become a global reserve currency<\/a>.<\/p>\n<p>He also noted that only <a href=\"https:\/\/forklog.com\/en\/news\/anthony-scaramucci-doubts-a-mass-influx-of-institutional-funds\">one in ten institutional investors<\/a> has invested in the leading digital asset.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin could easily reach a price of $500,000. SkyBridge Capital founder Anthony Scaramucci made such a forecast on CNBC, citing the limited supply of the first cryptocurrency and the potential number of wealthy investors in it.<\/p>\n","protected":false},"author":1,"featured_media":52898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1254,480,1146,1138],"class_list":["post-52897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anthony-scaramucci","tag-bitcoin-price","tag-cryptocurrency-market-forecasts","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=52897"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52897\/revisions"}],"predecessor-version":[{"id":52899,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52897\/revisions\/52899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/52898"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=52897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=52897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=52897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}