Bobby Lee, the former CEO of BTCC, with Ballet, is done going on vacations after selling the first Chinese exchange for an eight-figure sum. The cryptocurrency veteran has announced a new cryptocurrency startup that will make it easier for the average Joe to spend crypto.
There are a lot of people who come to me and say: Bobby, will you help me store my bitcoin for me?” Lee told Yahoo Finance.
Ballet will roll out “card-sized” Bitcoin wallets that regular people will comfortable with. REAL, the first product released by the company, allows its users to store their private key offline, thus eliminating the possibility of a hack. REAL will be available to beta testers in the coming weeks at a promotional price of $29.
As reported by U.Today, Lee claimed that Bitcoin was still a good investment in 2018. This time around, he suggests that BTC could even go to even $200,000.
We are in one of many, many cycles to come. Any cycle will take us to higher and higher heights. I’m quite confident sitting on my bitcoin investment that in a very short amount of time we’ll exceed $20,000 and go to $50,000, $100,000, even $200,000.”