we're NOT hitting $1 Million this year.
Holders will be too horny not to Profit take and make a lot of money before the price is anywhere near $1,000,000
Holders will be too horny not to Profit take and make a lot of money before the price is anywhere near $1,000,000
Only about 1.5 million bitcoins in speculative (fiat-denominated) hands now. All the rest are owned by the likes of me, I am not selling any bitcoins below the long term realistic value of $300k/BTC (except in anticipation of a correction and purchase of more bitcoins).
When I finish my current spree of public talking and start making money full-time, I think I can generate at least BTC100 every day just as profits. The other supernodes will do the same, and:
- first we will be able to absorb the new supply of BTC3600 per day, and
- then start to eat up the remaining 1.5M coins that is currently in the exchanges.
- Also I will be able to sell a minimum of BTC1000 per day to my strong hand clients every day starting about 2 weeks from now.
The endgame will be rather quick. Everybody who buys even 1,000mBTC now, will be a millionaire before Christmas. I will post more proof in the following weeks. Now I go to plan the conference, that will be the place to decide the practical matters how this will be accomplished.
I don't mean to be rude but I can't help getting the impression you're being wildly overconfident in your predictions and seem to me to be just plain dismissing contrary evidence.
Do you try to seek out the best evidence that's contrary to what you already believe? If not, I'm not saying events won't happen similar to how you describe it, but I wouldn't be surprised if someone not quite as good with money and PR but a lot less apparently prone to cognitive biases appears out of nowhere and eats your lunch.
