We all know that Michael Saylor is bullish on Bitcoin, and we all know why. Buying and holding Bitcoin in anticipation of the price surge is basically his business. But yesterday Saylor kind of outshined himself. His new prediction for future BTC is as high as a whopping $8 million per coin.
While speaking at the Prague event for Bitcoin, Saylor unveiled his own philosophy around Bitcoin. And his philosophy is rather unexpectedly based on his failure to recognize Bitcoin potential in the past.
Saylor noted he was indecisive when considering investing in Bitcoin for the first time. Back in 2013, Saylor looked at Bitcoin and dismissed it. The leading cryptocurrency seemed to have potential for online gambling and nothing else, he remembers.
So, he lost the opportunity to buy when Bitcoin traded at $892. By the time he finally started investing, Bitcoin reached $9,500.
“I got the price I deserved,” Saylor said.
He now calls Bitcoin a digital gold. And his newest prediction for Bitcoin goes to a height on other bull has ever reached. Saylor says that one day we will see Bitcoin trading at $8 million per coin.
According to MicroStrategy chief, many investors are still reluctant to enter the market. And that is a tragic mistake. Bitcoin is going up and when it hits, say, $950,000, you will be sorry you didn't buy it at $700,000. Just as well as $950,00 will seem a golden opportunity missed, when BTC skyrockets to the aforementioned $8 million.
Analysts note, that these comments come amidst MicroStrategy’s recent disclosure that it wants to increase its Bitcoin holdings. Saylor might be just pumping Bitcoin price. His core interest lies in the constant growth of Bitcoin. But who are we to judge? Everyone in crypto world will only benefit if the leading cryptocurrency will cost fortune. You better be one of those holding some BTC by that time, right?