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eborder="0" height="480" width="854"> </div> </div> </figure></iframe></div></div></figure><p id="e2ee">This is not unlikely. Bear in mind that just in the past <b>3 months</b>, Bitcoin has skyrocketed from <a href="https://coinmarketcap.com/currencies/bitcoin/"><b>16,936</b> on November 27 to <b>56,876</b> on February 20.</a> The market cap raised from <b>136 billion</b> to <b>1.046 trillion.</b> These numbers are staggering.</p><p id="882a">Saylor refers to Bitcoin as a bank in cyberspace. He makes the distinction that Bitcoin is not a <i>stock</i>, but rather an <i>asset class</i>. It’s <i>property</i>, rather than a <i>security</i>. With this definition, we can compare it to other asset classes such as gold and silver. He further explains that the price is a reflection of monetary energy.</p><p id="7661" type="7">“Bitcoin is the most widely held investment asset in the world right now.” -Michael Saylor</p><p id="b4d3">In Saylor’s opinion, <b>Bitcoin will far surpass the market cap of gold</b> and other major assets in the future. He believes that, as with other property, individuals of organizations should disclose their holdings of Bitcoin before their company invests in it to avoid conflicts of interest.</p><p id="2833">Before you go put all of your money in Bitcoin, keep in mind that these are only predictions and you should never invest more money than you’re willing to lose. With that being said, investing in cryptocurrencies can be a very exciting endeavor and many people make huge profits from it.</p><p id="78fd">If you’d like to read more about cryptocurrencies, check out these articles:</p><div id="fdf1" class="link-block"> <a href="https://readmedium.com/5-altcoins-that-can-make-you-a-millionaire-in-2021-e78496747ced"> <div>

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Bitcoin Will Rise to $5 Million per Coin According to Top Bitcoin Expert

Image by Gerd Altmann from Pixabay

Michael Saylor, a Top Bitcoin Expert and co-founder of the Business Intelligence company MicroStrategy, has just predicted that Bitcoin will eventually reach a market cap of $100 trillion. If that happens, the price of Bitcoin will become a whopping $5 million per coin.

He importantly notes that once the market cap reaches $10 trillion, the volatility of Bitcoin will dramatically decrease. Once it hits the magic $100 trillion number, it’ll stabilize further.

You can watch the interview where Saylor makes this prediction below:

This is not unlikely. Bear in mind that just in the past 3 months, Bitcoin has skyrocketed from $16,936 on November 27 to $56,876 on February 20. The market cap raised from $136 billion to $1.046 trillion. These numbers are staggering.

Saylor refers to Bitcoin as a bank in cyberspace. He makes the distinction that Bitcoin is not a stock, but rather an asset class. It’s property, rather than a security. With this definition, we can compare it to other asset classes such as gold and silver. He further explains that the price is a reflection of monetary energy.

“Bitcoin is the most widely held investment asset in the world right now.” -Michael Saylor

In Saylor’s opinion, Bitcoin will far surpass the market cap of gold and other major assets in the future. He believes that, as with other property, individuals of organizations should disclose their holdings of Bitcoin before their company invests in it to avoid conflicts of interest.

Before you go put all of your money in Bitcoin, keep in mind that these are only predictions and you should never invest more money than you’re willing to lose. With that being said, investing in cryptocurrencies can be a very exciting endeavor and many people make huge profits from it.

If you’d like to read more about cryptocurrencies, check out these articles:

Bitcoin
Cryptocurrency
Crypto
Money
Investing
Recommended from ReadMedium