Bitcoin at $110,000 per coin in 2019 will be a 25X increase versus todays price of $4,100.
It may help you believe this prediction if you know the history that this source has for multiple previously correct predictions.
Source is masterluc.
In March 2013, when Bitcoin was around $100, he called for peak price to occur at end of 2013 at around $1000. Price peaked in $1100 range at end of 2013 exactly as per his prediction.
In December 2013, when Bitcoin had surged up to the $1,100 price he had predicted, he then further predicted a multi-year bear cycle that would end only in 2016-2017. This prediction has also turned out to be exceptionally accurate. Despite outcries at the time that Bitcoin could never go into multi-year bear cycle.
In May 2015, he predicted that the next major increase in Bitcoin price would be in approximately two years. Facts show that price was $884 in March 2017, and the surge predicted by Masterluc two years in advance began in March 2017.
Summary of multiple past prediction successes:
1) predicted a peak price in 2013, predicted almost one year in advance of peak. Timing and price level correct.
2) predicted a three to four year bear cycle in 2013, and then we had a four year bear cycle. Timing and price level correct.
3) predicted a major surge in price to occur in first half 2017, prediction almost two years in advance of the surge. Timing and price level correct.
Even a blind pig will occasionally find an acorn. A stopped clock is going to be right twice per day. And all the other pithy statements you want to throw at this situation.
Facts are, masterluc has a historical track record of three accurate predictions, that had specifics on both date and price levels.
By most standards of randomness, three predictions that are accurate on both date and price are NOT random predictions.
The current set of new predictions from masterluc:
1) Bitcoin will reach $15,000 before the end of this year.
2) Bitcoin will reach a price of $40,000 - $110,000 by the end of this bull run, predicted as 2019.
As any investing prospectus will tell you, past performance is no guarantee of future gains. It remains to be seen if masterluc is correct in his predictions. If--and it’s a big if--he is correct, there are going to be a lot more Bitcoin millionaires by 2019.
Please upvote and resteem if you are currently on track or want to be on track to be a Bitcoin millionaire by 2019.
At $110,000 per Bitcoin, you will need to own just slightly more than NINE Bitcoins to be a millionaire by 2019.
STEEM On!!
DaveB
https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html
https://www.coinspeaker.com/2017/05/28/bitcoin-ethereum-headed-100000-thats-good-news-today/
Much of the material in this post from cointelegraph.com
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year