Til highly appreciates cryptocurrency №1 for the size of its capitalization and the potential to compete with gold as a safe haven. In an interview, he said that he had bought Bitcoin for a long time, and that he was skeptical of all those who criticize this digital currency.
He does not dismiss the possibility that ether or other altcoins, using bitcoin weaknesses for their growth, can bypass the BTC. However, the investor believes that the strength of Bitcoin is in its market share. Over 40% of the crypto market capitalization falls on the PTS. For comparison, the ether has only one fifth.
He predicts that Bitcoin will become a means of accumulation, and not a payment unit. The investor also believes that the ether will not be able to circumvent Bitcoin, just as silver could not surpass gold in value. However, the media doubt that Till’s bullish BTC forecast will come true. According to him, Bitcoin’s chances of growing are 20-50%. The businessman refused to give a more accurate forecast.