You are viewing a single comment's thread from:
RE: Bitcoin Price Forecast 1/5/2018
Hey I have this loose theory that we're currently still in the phase where we find out just exactly how much the super rich are willing to pay per bitcoin; once we find the top, it will become much more stable than it is at the moment and then we will see steady gains in the long term.
They will be willing to pay $1 million per coin if you ask me. There are more than 13.5 million MILLIONAIRES in the US alone. If each one of them wanted their own Bitcoin there wouldn't be enough to go around and then the bidding wars begin. Rich people will pay anything for something that they really want, especially if it is going to make them more money (potentially).