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We see the market reject everything except BTC.
This is our dominant investment thesis since 2011.
We are doubling Bitcoin Maximalism with new capital.
As BTC approaches its target of $ 100,000 for 2011, we believe that everything but the BTC will die.
– Heisenberg Capital (@HeisenbergCap) May 5, 2019
In the same tweet, Heisenberg Capital reaffirmed its target price of $ 100,000 on bitcoin, a 1.664% premium on the price of today's bitcoin.
"Everything but BTC will die"
Kraken, Bitfinex and ShapeShift, which has funded some of the biggest cryptography startups, warns that there will be no future altcoins. Ethereum, XRP, and the best performance of the NBB this year, the NBB, will be rejected by the market.
The founders of Heisenberg, Max Keizer and Stacey Herbert, claim that their maximalism in bitcoin is a long-standing philosophy. From now on, this concept will be the sole driver of their investment decisions.
Decoupling # #Bitcoin stand out from the pack. pic.twitter.com/2iuWA2lVjS
– Max Keizer, poet tweet. (@ maxkeiser) May 4, 2019
According to the tweet above, Keizer thinks that Bitcoin will decouple itself from all the pieces and increase its dominance.
Bitcoin price will rage at $ 100,000
Heisenberg also took the opportunity to double his $ 100.00 bitcoin price optimistic goal.
Keizer said the upside to $ 100,000 would be driven by an supply shock. The limited supply of Bitcoin (21 million) will inevitably trigger a gold rush as supply diminishes.
Max Keizer: US $ 28,000 for BTC, then a supply shock, price differences of up to US $ 100,000 | Bitcoin price forecast: From zero to one million – What do the experts think? https://t.co/ApAgPiNFAo
– Max Keizer, poet tweet. (@ maxkeiser) October 21, 2018
This theory will be tested in May 2020, when the output in bitcoins will be halved. Historically, this four-year "halving" triggers a sharp rise in prices starting a year in advance.
If Keizer is right, this represents a gain of 1.664% over the current price ($ 5,668 at the time of writing). Keizer also has a short-term forecast of $ 28,000.
Bitcoin dominance? Everyone is not in agreement
Heisenberg's tweet provoked a strong reaction from those who quickly agreed to disagree. One speaker noted that alternative coins fueled the 2017 rally, with bitcoins out of the top ten.
#BTC was not even a top 10 at the bull 2017!#EthereumForPrimeMinister has provided better returns since early 2017 than #BitcoinForPresident since 2015. ?
There is more than one "All" and there will be more than one cryptocurrency. pic.twitter.com/El4fW4bT6C
– Sergio Bowers (@ SergioBowers1) May 6, 2019
Other opponents have compared it to the market of technology companies: "It's like saying everything except that Google.com will die."
It's like saying everything except Google. com will die.
Regarding the biggest case of using crypto; International Money Xfer, BTC will take as long as SWIFT once the volume has increased.
– "TheRippening" (@The_Rippening) May 5, 2019
The position also seems to contradict what is known as the "altcoin season", a period during which altcoins rise in value before an upward run in the crypto market.
What about Heisenberg's investments?
The fund's prediction that "anything but bitcoin will die" seems somewhat strange given some of the company's investments. ShapeShift is one of his biggest investments. This is an exchange designed to exchange bitcoins and altcoins.
The company has also invested directly in alternative block channel projects, including Storj, Startcoin and EOS.fish.
It seems that Heisenberg will be moving away from any investment in altcoin in the future and will focus solely on bitcoin.
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