Brothers Cameron and Tyler Winklevoss talk to each other as they attend New York State Department of Financial Services virtual currency hearing in Manhattan borough of New York (Credit: Thomson Reuters)
- The Winklevoss twins think bitcoin could appreciate 20 times and trounce gold.
- Others say the cryptocurrency is in a bubble.
Traders in the new bitcoin futures market appear bullish on the red-hot coin.
Contracts for the January futures contract on Cboe Global Markets were trading well-above the spot market for bitcoin, at over $17,500 a coin on Monday.
But most traders are nowhere near as bullish as the Winklevoss twins. Tyler and Cameron Winklevoss, whose bitcoin holdings are worth more than $1 billion, told Fox Business Mondaythe coin could reach well above $300,000 a coin.Read Complete Article