This 1 Cryptocurrency Could Soar 20,000% Over the Next 21 Years, According to Michael Saylor of Strategy (MicroStrategy)

On June 21, billionaire Michael Saylor, founder and executive chairman of Strategy (NASDAQ: MSTR) unveiled his latest price prediction for Bitcoin (CRYPTO: BTC): $21 million per coin. That's significantly higher than most mainstream Bitcoin predictions, which usually top out at around $1 million. A price of $21 million would require Bitcoin to soar in value by nearly 20,000%.It would be easy to dismiss this prediction as just a pie-in-the-sky fantasy, except for one important fact: Bitcoin is up an extraordinary 216,474,168% since it hit an all-time low of $0.05 back in July 2010. Back then, nobody could have possibly predicted that Bitcoin would reach its current price of $105,000.In a presentation ("The Power of 21") at a recent Bitcoin event in Prague, Saylor explained why he thinks Bitcoin will eventually hit a price of $21 million within the next 21 years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool