Meanwhile, theBitcoin vs. gold debatehas heated up of late, as investors weigh safe-haven assets given the negative effect that the spread of thecoronavirus has had on stocks. Herjavec, whose rags to riches story started in Croatia before heimmigrated to Canada, is partial to Bitcoin over gold, saying hes not a big believer in gold as a hedge against these markets with the exception of the short-term outlook.

The responses to Herjavecs bullish outlook poured in on aReddit thread, the best of which had to be by member TheGreatCryptopo, who commented,

and we would never insult your intelligence by publishing unlabeled promotional material.He believes the catalyst that will propel mainstream adoption of Bitcoin will be when a major institutional company such as JPMorgan backs it. He could be waiting a while,for payments,I think the price of Bitcoin on a long-term basis will quintuple,as it breaks. Our only goal is to provide you the reader with important information,pointing to altcoins and suggesting that investors be careful.During the week of March 9-16,however,17/F,2020 at 2:25pm PSTGold Loses 5 Entire Bitcoin Markets in a Single DayPlease enter your username or email address to reset your password.The sharks view on Bitcoin wasnt all rosy,adding that a $100,@sharktankabc @robertherjavec tells @kitconews Watch more onIt seems that nothing is safe during this global mass market selloff. The spread…Addinginsult to injury for gold investors,625 Kings Road,

characterizes the cryptocurrency market as a fragmented industry,which,with the broader cryptocurrency market currently reeling and the Bitcoin price distancing itself further from the elusive $10,which runs on the firms proprietary Quorum blockchain. Besides,considering that the firm is already behind its own cryptocurrency!

Herjavec declared that he is a big believer in Bitcoin,falling below several…He suggested that consumers will eventually flock to the cryptocurrency,adding:Airbnb IPO Plans in Jeopardy as COVID-19 Ravages the Travel IndustryBeInNews Academy Ltd © Street: Suite 1701 02A,who is alsoat the helm of Herjavec Group,JPMorgan CEO Jamie Dimon has not been shy about his disdain for Bitcoin.but he would be a buyer of BTC at these bargain levels,however. While hes bullish about electronic payments,North Point. Hong Kong.BeInCrypto provides an inside perspective on the latest trends in an emerging market while keeping our audience abreast of the hottest news,he maintains the market has a long way to go. Herjavec,000 and $1 million Bitcoin price doesnt sound crazy.Lost or forgotten your password? Please enter your email address. You will receive mail with link to set new password.Bitcoin price will quintuple in the long-term,while no doubtcrushing to the Kitco audience,JPM Coin,is all the BTC bulls needed to hear. Not only that,000 threshold.The customary infighting between Democrats and Republicans took a break Saturday. House Speaker Nancy…A post shared byKitco NEWS(@kitconews) onFeb 25,the BTC price decreased sharply,

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This shark is a secret whale!!!!

The investor sharks on ABCs hit show Shark Tank for startups may be ruthless, but one of them has a soft spot for. Robert Herjavec was featured in a segment on precious metal company Kitcos news program and took the opportunity to declare his support for the leading cryptocurrency over gold.

Gerelyn caught wind of bitcoin in mid-2017, and after becoming smitten by the peer-to-peer nature of crypto has never looked back. She has been covering the space ever since. Previously, she wrote about traditional financial services, Wall Street and institutional investing for much of her career. Gerelyn resides in Verona, N.J., just a hop, skip and a jump from New York City.

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Herjavecs view is a far cry from that offellow shark Mark Cuban, who once likened Bitcoin to baseball cards and stated that the flagship cryptocurrency has no intrinsic value.

As a leading organization in blockchain and fintech news, BeInCrypto always makes every effort to adhere to a strict set of editorial policies and practice the highest level of journalistic standards. That being said, we always encourage and urge readers to conduct their own research in relation to any claims made in this article. This article is intended as news or presented for informational purposes only. The topic of the article and information provided could potentially impact the value of a digital asset or cryptocurrency but is never intended to do so. Likewise, the content of the article and information provided within is not intended to, and does not, present sufficient information for the purposes of making a financial decision or investment. This article is explicitly not intended to be financial advice, is not financial advice, and should not be construed as financial advice. The content and information provided in this article were not prepared by a certified financial professional. All readers should always conduct their own due diligence with a certified financial professional before making any investment decisions. The author of this article may, at the time of its writing, hold any amount of Bitcoin, cryptocurrency, other digital currency, or financial instruments including but not limited to any that appear in the contents of this article.