Wednesday, August 23, 2017 2:56:28 PM
There is a Harvard study that shows Bitcoin breaking $100,000 by 2021.
I predict it will happen sooner than that. We are just starting to see the frenzy around Bitcoin now. Wait until a few more brokerage houses put out Bitcoin backed funds to compete with the likes of GBTC (the only current one listed). This will create huge demand on the Bitcoin itself and will pull those coins from the exchanges leading to a run on the limited supply.
I think we are headed to something which the likes have never been experienced. This is an international exchanged commodity with a fixed limited supply. Just wait until a country like China or Japan attempts to corner the bitcoin market like the Hunt brothers tried to do with silver back in 1980. That was just in the US.
Just Crazy!
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