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Michael Saylor’s bold multi-7-figure Bitcoin price prediction follows a market-wide crypto bloodbath as Microstrategy’s own BTC position hangs in red.
“There’s no price target. I expect we’ll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we’re very patient. We think it’s the future of money.”
Once people figure out why bitcoin is superior to everything else, then the institutions are going to come in with large sums of money, and we’re not going to have to struggle through this massive explanation of why we’re different than 19,000 other crypto tokens.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3MDM5Me
✔ Happy Bitcoin Pizza Day: https://bit.ly/3MFLk5d
✔ 3 Catalyst For Next Bitcoin Rally: https://bit.ly/3870y4e
✔ Altcoins Risk Another 70% Decline: https://bit.ly/3PB68wI
✔ Bitcoin Millions Prediction by Michael Saylor: https://bit.ly/3PystLp
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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Facebook’s $10 Billion Investment in the Metaverse Could Be a Wise One For Crypto Investors
If you are one of the many people who have been intrigued by the idea of a virtual world called the Metaverse, you might have already noticed a couple of examples of the technology. First, there are the NFTs or networked tangible objects. These are essentially avatars which are modeled on real-world objects, like buildings. Secondly, there are the virtual worlds themselves, which could be used as a form of currency within the metaverse.
In fact, Facebook and Microsoft have both been busy throwing money at Metaverse in recent years, and they’re also trying to mush in on the booming virtual world. While these companies have different strategies, one can assume that a dominant player can grab early network effects and grow into a massive player. However, it’s still possible for Facebook to mush in on Metaverse with its own network effects. So, if Facebook’s $10 billion Metaverse investment isn’t a bad sign for Facebook, investors might want to keep a closer eye on it.
Nevertheless, many crypto die-hards are worried about the future of the metaverse. With the advent of blockchain-based metaverse systems, tech behemoths are gaining ground in the virtual world. And this may mean that they will ultimately control the entire metaverse. However, this doesn’t necessarily mean that cryptocurrencies won’t be a part of the metaverse – there’s a lot of room for growth, so this investment may prove to be a wise one.