Insider news? Or why do you believe in this ridiculous price? I would say 10 000 - 25 000 ok, but don´t forget 2nd gen coins and other altcoins (ixc
). If bitcoin reach 1mil there ll be no money left for my ixcoins
There are trillions of dollars under management which right now can't touch Bitcoin,
by law.Imagine all those money managers, many of which are managing massive pension funds (IRA's, 401K's, etc.) putting just 1% of their funds into Bitcoin.
Then imagine massive inflation coming [starting next year] bail-ins and forced account confiscations, and the trillions of dollars people are holding in cash at home all across the US and Europe, FEAR will kick in (and GREED) and the masses of the world will be pulled (greed) and pushed (fear) into Bitcoin and the ETF will make it easy to invest and legal.
Don't worry about alts [
short term] they will see a massive
spillover-effect and also massive speculation.
But in the long run they'll kill all alts, so I would start looking for that one coin they want to take global. It won't be Bitcoin because Bitcoin will collapse after the wealth redistribution so they'll throw that out along with all the scapegoats.
Buy and hold for the next 2 years and you can become a millionaire from just a few thousand dollars.
[No, no links, just the ones in my head]
