CEO of the cryptocurrency payment service BitPay Stephen Pair told in an interview with CNBC that the current value of Bitcoin is more related to the speculative component, and only a small part of it is of practical value. However, with his company he plans to change the situation.

"A great influence on the price is exerted by speculation, and the real practical significance of Bitcoin is only a small component of its price. BitPay focuses precisely on this issue - using the platform and providing products that will be valuable to our customers," said Pair.

In a conversation with Bloomberg, a cryptocurrency investor and CEO of Galaxy Digital, Mike Novogratz, compared Bitcoin with a drug, and the current market situation with a "methadone clinic".

BTCC co-founder Bobby Lee predicts that the price of Bitcoin could fall to $ 2,500 in January 2019. Many traders consider this figure too optimistic.

Against the background of an ongoing survey in social networks, in which almost 5,000 people took part, Lee, who is becoming more and more famous for his bullish price forecasts, said that "a large number of purchase and support orders" will help Bitcoin to keep up $ 2000.

The head of Morgan Creek Digital cryptocurrency investment company, Mark Yusko does not lose confidence in the bright future of Bitcoin and cryptocurrencies. 

Despite the continuing decline in the cryptocurrency market, Bitcoin enthusiast and owner of Bitcoin.com Roger Ver in an interview with "Bloomberg Daybreak: Europe" confirmed a positive mood for the future of cryptocurrencies.

Known cryptocurrency investor and founder of Heisenberg Capital Ltd. Max Keiser said that in the future, the price of Bitcoin will only grow, and, reaching $ 100,000 will absorb the usual fiat money.

He also expressed the opinion of the "genius" of the Bitcoin protocol, stating that "more you understand" how it works, "more clarity you achieve."

Senior economic adviser to insurance giant Allianz, Mohamed El-Erian, said he believes in the spread of cryptocurrencies, but only as part of a broader blockchain ecosystem. El-Erian told on the Consensus Invest event in New York that he sees Bitcoin and cryptocurrency as commodities rather than currencies.

"There were two confusions made," El-Erian said. "People called it a currency or an asset class. What it is, is part of the commodity complex."

Former NSA employee Edward Snowden expressed some interesting thoughts about the blockchain in a recent interview.