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No I dont think.It is just FUD.Japan is the only country that is supporting crypto currencies since starting.Japan will continue it supports.
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If you bought at 200$ then nowit is 6000$ that is almost 30x times profit or 2900%.If bought at 20$ then it is 300x times profit and 29000% profit. But wait if it hits 60000$ then the profit again increases 10x times which is then called mars not moon.
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If it hits 1million mark then the marketcap of the bitcoin would be around 21 trillion. And if it holds the share of 40% of total market cap of crypto, then the crypto world market cap would be somewhere around 50 trillion.I am not a financial expert to say if 50 trillion market cap for crypto is possible.If possible then bitcoin would definitely hit 1000000$.
But when it comes to me I don't wait that long.I assume 1 trillion market cap for crypto would be hit by 2019.50 trillion might take more time roughly around 20 - 30 years.That means somewhere around 2045.
Sorry I wont wait that long, and I would cash out at 100000$. I assume that will happen in the next 5-6 years.
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