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Will bitcoin ever reach 1 million

will bitcoin ever reach 1 million

million per Bitcoin prediction. The Winklevoss twins are focused on building an ecosystem to attract institutional investors and day traders to the cryptocurrency. When cnbc asked Altucher if he agreed, he said yes. Read more: Bitcoin to 10 million? In 2013, Pantera launched its first cryptofund and as of late 2018 was one of the largest institutional owners of cryptocurrencies. Wherever you find yourself on this globe, you will be able to start up a business, selling self-made products on some kind of global selling platform and have no barriers to getting funds into your pockets and spend them however you wish. However, if you take a look at current and past data, you might see why so many cryptocurrency experts are seemingly convinced that it is actually possible for BTC to reach the ellusive million dollar mark. Imagine a future global GDP where the other.5 billion people suddenly become part of the world economy.

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Its atmospheric rise since launching in 2009 left billions up for grabs for virtually anyone, so it was only natural that the game-changing cryptocurrency created such a diverse and surprising field of millionaires. The firm has invested in more than 100 bitcoin-related companies and is the world's leading firm for investing in bitcoin-related companies, landing Barry Silbert the enviable nickname "The King of Crypto.". All their financial advisors are going to say, 'Hey, buy a bitcoin. It is impossible to predict if Bitcoin will ever reach the 1 million mark, or any other astronomical price point, but wherever Bitcoin is headed, it is going to be an exciting ride getting there, and we are going to be along for the ride. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Asset management firm Lucid Investment Strategies seems to take the 1 million per Bitcoin prediction even a few steps further. The fund has delivered a more-than-24,000 percent return for investors since its debut. (See more: How The Winklevoss Twins Store Their Crypto Fortune.). To that end, they launched Gemini - the worlds first regulated exchange for cryptocurrencies. The relentless ongoing crypto winter clearly didn't have any influence on McAfee's prediction.