Why a Bitcoin Price Prediction of $1 Million Isn't Crazy

At first, a Bitcoin price prediction of $1 million in a decade sounds ridiculous. After all, it was only within the past week that the price of Bitcoin reached $3,000 for the first time. But Wences Casares, CEO of the Bitcoin wallet startup Xapo, has been making this Bitcoin price prediction for three years. And he just made it again a couple of weeks ago. Here's why Casares thinks Bitcoin can get to $1 million by 2030 - and why he's probably right... Tags: bitcoin price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why a Bitcoin Price Prediction of $1 Million Isn't Crazy appeared first on Money Morning - We Make Investing Profitable .