Ran Neuner, the host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia, made a tweet Thursday, Feb. 1 claiming that Bitcoin will end 2018 at the price point of $50,000.
The CNBC channel has been increasingly involved in cryptocurrency reporting over the past few months. On Jan. 8, the cable network aired a step-by-step tutorial on how to buy Ripple using the Poloniex exchange as a platform for the purchase. Host Brian Kelly demonstrated the entire process live on the channel.
In December 2017, an issue of CNBC’s Fast Money mentioned Bitcoin Cash both on air and on its social media accounts. The show made a tweet with two charts that showed a decline in Bitcoin’s price and an increase in that of Bitcoin Cash, adding “Bitcoin Cash is here… deal with it!”
— CNBC’s Fast Money (@CNBCFastMoney) December 20, 2017
The tweet was met with a mixed response from the cryptocurrency community, some users expressing their disagreement with the network’s message.
shame on you for promoting this bitcoincash/bcash fake scam coin
— Bitcoiner (#) (@CambodiaBitcoin) December 20, 2017
As Bitcoin reached a multi-month low on Friday, Neuner’s latest prediction has similarly resulted in a mixed reaction with one reply sarcastically highlighting the low probability of Bitcoin’s price hitting the exact mark of $50,000 on Dec. 31, 2018.
Well, the odds of it being exactly 50.000$ at 23:59 on Dec 31st are actually very slim.
— Maxcz (@ThurstonMax) February 2, 2018
This article was curated from Google News. You can read the original article here.