Bitcoin Can Take 50% of Gold’s Market Share, Hit $250,000 — CNBC

Bitcoin (BTC) gained fresh rare support from mainstream media on Dec. 20 after CNBC entertained the idea of a $250,000 in the coming years.  In an episode of the network’s Fast Money segment, several well-known Bitcoin bulls collaborated to present a buoyant picture of the cryptocurrency’s future.  Kelly sympathizes with Draper’s Bitcoin price prediction Resident analyst Brian Kelly joined Fundstrat Global Advisors co-founder Tom Lee in arguing that in the mid-term, the sky-high price tag was both possible and even a reasonable aim. For his part, Kelly gave credence to…