Are you not paying attention ? BitCoin promotors have been saying " Instutional Money " will be investing in BitCoin for a long time, all over the financial channels and elsewhere.
For someone that pretends to be so knowlegable, you are totally clueless about how BitCoin is being promoted
Are you not paying attention? Peter Schiff has been saying "Gold will go to $5k" and "Bitcoin will go to $1k" for a long time, all over his blog, media channels, and elsewhere.
For someone that pretends to be so knowledgeable, you are totally clueless about anything that didn't come out of Peter Schiff's mouth.
There. Fixed that for you.
It is not always about the price , it's more or less about the freedom we get from the Fiat
This. I couldn't tell you what the current fiat-denominated price of bitcoin is. The only reason I know when there has been a big drop or increase in its fiat value is because I see posts on this forum saying so. As far as I am concerned, 1 BTC = 1 BTC.
The bottom line is there will always be people who predict that bitcoin is going to hit $1 million, and there will always be people like OP who predict bitcoin is going to crash to $0 (mostly because they are all in on another asset class like gold). Both of these groups can be safely ignored.