Yes, it should have no problem going to 1 million... All it has to do is wait for the great effort the US GOVERNMENT is putting into turning the USD into toilet paper and BTC doesn't even have to move for that to happen.
@SPX_Options_Trader Risk is involved in every investment, Isn’t it? If you are not investing smartly then you’ll definitely lose money but that doesn’t make Bitcoin less secure.
No way the government won't step in the way of it being anything more than it is imo. The crypto market itself is diluted. I see them fighting over a standard currency. Too many emotional children involved.
That would imply that all investments are comparable risk. There are going to be some "investments" that either: 1) Have such large unquantifiable risks they make no sense 2) Are virtually certain to lose money Some "investments" are unsafe at any speed. In addition, secure in terms of Bitcoin means something besides just the risk of the price declining.
Either way, there’s always a probability of losing money in investments. Would you mind sharing your views on what secure means to you in terms of bitcoin? I’ve seen many people referring to it as a ponzi-like scheme.
You are being optimistic, not realistic. BTC has not been able to recover from last week’s crash and yesterday the cryptocurrency took the entire market down by 15-20% which is a very big deal. I see btc closing this year close to $60k, anything more than that is just a miracle. Still kudos to your optimism. I need something like it in my life as well.
%% Good points; + i dont really understand the limited market for US confederate money also /last i looked @ conferderate $10 bill was $elling for $199, same as 2 ounces of silver hammered into a confederate bill art@ that a dealer.......................................................IF they start selling insurance like FDIC or State Farm[Horn of Plenty] sells for silver/could be a game changer for the bulls.