Dec.05 — Mark Yusko, founder and chief investment officer at Morgan Creek Capital Management, makes the case for how bitcoin’s value can reach $400,000. He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg Markets: The Open.”
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Making the Case for Bitcoin $400,000
Many intelligent people who predicted $10,000 more than a year ago (now reality) are syaing 500k to 1 million per bitcoin. It makes sense. Bitcoin is superior to currency trades than big banks. This is why its popular, its cheaper AND faster than bank money transfers. Learn how this works, old men, you're late to the obvious new technology.
Here's why bitcoin will reach over $400,000: What most people don't understand is how ridiculously rare A full bitcoins are given that there will only ever be 21 million bitcoins. The earth population is over 7 billion, So for most people it will not be about owning one or more bitcoin, it will be about having bits or Satoshis. There are exactly I00,000,000 million Satoshi units in each Bitcoin. When bitcoin enter into its third phase, 100,000 Satoshis will support A family for generations, like one million dollars did back in the 19th century . The cheapest and fastest way to buy $10 to $100,000 of Bitcoin is at https://www.bitquick.co/?a=28048964 get your bitcoin in 6 hr. "BUY & HOLD" you've been WARNED..
A lot of speculators want to start selling their Crypto-Currency the minute they see a few percent gains but a lot of Investors are holding onto their units of Bitcoin, Ethereum, and Litecoin because they know the value of these currencies are inevitably apt to grow 50% a week anyway. Being these currencies are up as much as they are today, especially Litecoin, I think the smart decision to make is simple. hold it through the week, the month, and the year. For every bear these currencies have seen, they've continued to reach new highs. Invest. Not speculate. Cheers.
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Most irresponsible title ever, Bloomberg. You fuckers provide a platform for this pump and dumper? You fucking pieces of shit!
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