Bitcoin to $50,000 Is Latest Call From Prolific Stock Picker

  • Standpoint’s Moas lastest to jump on cryptocurrency bankwagon
  • Says his recommendation is for informational purposes only

Why Ethereum and Bitcoin Are So Popular Lately

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Ronnie Moas, who for the past 13 years has made more than 900 stock recommendations via his one-man show at Standpoint Research, is now venturing into cryptocurrencies.

Bitcoin will double to $5,000 next year, and reach $25,000 to $50,000 in the next decade, the Miami Beach, Florida-based Moas said in a note to clients Wednesday, where he also disclosed he bought “a little bit” of litecoin, bitcoin and ethereum in a Coinbase.com account.