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The whole market cap of all [cryptocurrencies] is $300 billion. That’s nothing. The NASDAQ at its high, in the 1999 bubble, was $6 trillion, and the NASDAQ was a U.S.-led bubble. Cryptocurrency, on the other hand, is ‘a global phenomenon,’ with the majority of trading volumes concentrated outside of the U.S.

This is going to be the largest bubble of our lifetimes. Prices are going to get way ahead of where they should be. You can make a whole lot of money on the way up, and we plan on it.

Mike Novogratz

Billionaire trader and longtime cryptocurrency bull