$25,000 Bitcoin Price Prediction is ‘Conservative’: Wall Street Strategist
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He believes that younger investors who have never been without the internet will use bitcoin 000 bitcoin price prediction is conservative wall street strategistcryptocoinsnews a store of value. BTC will be the "digital gold" for millenials, whose parents and grand-parents bought the real thing.
There is a good argument to be made in favor of investing in cryptos, especially bitcoin, because of the millennials' aversion to anything related to the legacy banking system.
Most of them have never even seen Groundhog Day, and they certainly have no idea who Gordon Gekko is. You have completed some achievement on Steemit and have been rewarded with new badge s:. Award for the number of posts published. Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click here.
If you no longer want to receive notifications, reply to this comment with the word STOP. By upvoting this notification, you can help all Steemit users. At this rateI have no doubt that it will reach that much even soonerthis coin is very unpredictable and when it climbs it's like climbing Mount Everest. I sure hope the analyst is right! Having a big vendor like Amazon accept bitcoin could be 000 bitcoin price prediction is conservative wall street strategistcryptocoinsnews amazing catalyst.
Amazon accepting BTC would not be helpful. BTC is not ready for that. I think the price of Bitcoin really depends on the adoption of new users new businesses and new regulations.
BTC will never be useful for day to day transactions. Other coins and blockchains are going to innovate around BTC and be used for that purpose. BTC niche is "digital gold". But don't take niche as a bad word. BTC will need new users - they are coming. Although not a lot of regulation is needed or required for the "digital gold" niche. He uses Mecalfe's Law of network effect and value to get to his conclusion. But you might want to take everything that Lee predicts with a huge grain of salt.
Authors get paid when people like you upvote their post. The millennials have not forgotten the crimes of the bankers during the last financial crisis! 000 bitcoin price prediction is conservative wall street strategistcryptocoinsnews give those young self absorbed narcissists too much credit. Or Chris Dodd or Barney Frank. You have completed some achievement on Steemit and have been rewarded with new badge s: Award for the number of posts published Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here If you no longer want to receive notifications, reply to this comment with the word STOP By upvoting this notification, you can help all Steemit users. I can't prove you are wrong. You can't prove you are right.
So are we any further ahead? Not science if we don't have a provable hypothesis. So we are dealing in the black arts. There are more chances of increase the price of bitcoin in next few months.