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Shark Tank' star Robert Herjavec, CEO of Herjavec Group, believes the cryptocurrency Bitcoin will more than double in price.
TheStreet's Scott Gamm speaks with Herjavec, who is also a judge on ABC's "Shark Tank" about cybersecurity and what's next for bitcoin and other cryptocurrencies.
"We're very bullish on cryptocurrencies," Herjavec told TheStreet, predicting the price will eclipse $19,000 this year. But, Herjavec cautions investors that the longer term outlook for bitcoin prices is uncertain.
"As regulations come out, prices will come way down."
