Llew Claasen: Bitcoin will hit $ 40,000. Llew Claasen who is the executive director of Bitcoin foundation recently stated that he expected Bitcoin to hit $40,000 by the end of this very year. He further added that 90% of the cryptocurrencies will actually fall.
According to him, most of the cryptocurrency projects will actually turn out to be scams. Many of the management will not be able to control the risk involved in cryptocurrency projects. This is the reason why the majority of the cryptocurrency tokens will actually turn out to be scams.
According to him, within a couple of months of 2018, there have been at least 5 cryptocurrency scams which have been already detected. He thinks that there are more to add to the list.