The founder of Standpoint Researcher Ronnie moas said, Bitcoin is already up 500 percent since I recommended it in the beginning of July, and I'm looking for another 500 percent move from here.
Ronnie Moas put a $5,000 price target on bitcoin for 2017. At the time, the Bitcoin was trading at just $2,600. Since then, it has surged to almost $20,000..
The end of the game on bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world," Moas told CNBC's.