"Ten percent of my net worth is in this space," Novogratz said at a forum held at the Harvard Business School Club of New York Wednesday.He declined to say exactly how wealthy he is, but he's a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner who made the Forbes billionaire list in 2008.It's the "best investment of my life," Novogratz said.Bitcoin was worth under $500 a year ago.Today the digital currency trades at over $1,200.Back in 2013, Novogratz predicted Bitcoin's value would soar.He remembers people laughing at him at the time.Since then, Bitcoin's price has been on a wild run.It surged to nearly $1,000 in late 2013 and then fell to under $250 in 2015.It started to fly again last year, around the time of the Brexit vote.It surpassed $1,000 in January of this year again and has kept climbing.Now Novogratz is saying Bitcoin will go to $2,000.But he also warned the Harvard Business School Club crowd that there will "likely be a bubble" in digital currencies.

The best way to handle it, he argues, is the old Wall Street trick of diversification.bitcoin atm machine for salePut a little money in a lot of different plays in digital currency.bitcoin atm machine for saleFor example, Novogratz was also an early investor in Ether.bitcoin plugin chromeIt's another digital currency that has quickly emerged as the No.aaron brown bitcoin2 rival to Bitcoin.bitcoin mining 100 th/sNovogratz says he bought Ether when it was trading for about $1.litecoin blockchain info

Today it's worth over $48.Novogratz met Vitalik Buterin, the young Russian brainchild behind Ether at a dinner party at a prominent CEO's home.rent a bitcoin mining rigHe recalls that Buterin, then 21, showed up late, which struck him as shocking -- and a bit ballsy.berlin mit bitcoin bezahlenHe figured it was worth paying attention to Buterin.bitcoin asia pacific limitedEther is a currency with a "smart contract" function that gives users additional security and abilities to transfer information in addition to monetary value.We're witnessing the "3rd inning" of this digital asset revolution, Novogratz predicts.He's not exactly sure how it will play out, but he plans to continue investing in digital currencies and Blockchain, the revolutionary technology behind the scenes that makes Bitcoin work.

Blockchain is literally a digital ledger to record and track transactions.What makes it so technologically advanced is that multiple companies or parties can access the Blockchain and see the history of what happened to an asset.Novogratz has emerged as one of the biggest Wall Street cheerleaders of Blockchain, but his bets haven't always gone so well.He exited Fortress in 2015 after the company shut down his Marco Fund for poor performance.It lost around 20% in its final year after his investments in emerging markets, especially Brazil, tanked."We have had an extremely challenging two years, and I do not believe the current environment is conducive to achieving our best results," Novogratz said at the time.What do you know about Bitcoin?Used it to pay for something, online or at a bricks and mortar store?If you're like the majority of the public, you may have a slight inkling as to what cryptocurrencies are, but you've never owned any, and don't know much about them.Until recently, mainstream media coverage stuck mainly to a sinister, shadowy narrative when framing cryptocurrency, with Bitcoin seen as the fuel for the illicit drug marketplaces of the dark net.

Disruptive technology has always had its place in the world of finance (think online banking, PayPal, tap payment solutions, crowdfunding, and many other examples).Financial technology, commonly shortened to Fintech, has historically been developed carefully and adopted slowly, as money and currency has been a target of crime since, well, the dawn of crime.This said, rapid advancements at the intersection of finance and computing have seriously ramped up innovation in the last few years.Given that some people are still wary of ATM machines, cryptocurrency represents a brave new world worthy of exploration.Bringing you up to speed is cryptocurrency commentator and Outspeaker David Seaman.In his recent video 'Bitcoin, Ethereum, Gold: Cryptocurrency Tech For Beginners!', Seaman gives us some context on Bitcoin, the original cryptocurrency, as well as some newcomers to the scene, namely Ethereum and BitGold (which is actually regulated commodity money).Sparing readers a tirade about the social and economic injustices of the world's big banks (a basic overview of the 2008 financial markets implosion should be sufficient), it's safe to say that cryptocurrencies represent an exciting new, if not relatively untested, approach to the storage and transfer of wealth.

Plus, what country can say their currency was created by a mysterious figure named Satoshi Nakamoto?Of the three forms of non-traditional currencies mentioned by Seaman, BitGold is perhaps the most fascinating, as it merges the progressive tech of cryptocurrency with human civilization's original standard unit of value: gold.By offering physical call on all BitGold a purchaser owns in the form of 10 gram gold cubes, as well as an ability to load a card and spend gold as you would dollars in a chequing account, Bitgold represents a tangible, ready-to-use solution for use of a regulated commodity.While cryptocurrencies are still a long way from the mainstream, solutions like BitGold are making headway to bridge the gap between the fringes of tech and our daily financial transactions, not to mention creating a level of tangibility not present with digital wallet solutions for cryptocurrency storage and transfer.Currently based in Denver, Colorado, David Seaman is a journalist with a history of appearances on such programs as CNN Headline News, BBC World Service, FOX News, ABC News Digital, Coast to Coast, The Joe Rogan Experience, RT America, Young Turks, and more.