This is correct in my view. People are predicting 1000 to 2000, but the thing is once btc passes previous high's of around 1000-1200 mainstream media will have to start covering it.
Mainstream media is dumb, and they love to misinform the public, but even they hate to look dumb after the fact, so often they scramble to report on history as if it is news.
Most people have heard about bitcoin since the last rise, and they've had a few years to put it in the back of their mind as an illegal tool for buying drugs or supporting crime, this is how it was for the early internet.
However change occurs at a much more rapid pace now than it did in the 1990's and is accelerating.
You see the rate of adoption of new tech is speeding up, going from 0 racing up to 100% at steeper rates - meaning it takes less time for technology to gain full market penetration. Oh my! Bitcoins market penetration and use cases are at the Internets 1992 level. It's not going to take 8 years to reach 2000's level, more like a couple years max.
People are going to start abandoning their national currencies.
The sheep are going to kick the wolves that are the nasty financial elite pulling the strings of governments and their central banks in the teeth. Though they thought that the control of money was ownership, they will be proven wrong. They thought if they could fool us into thinking they own and control money, money that at it's base is a function of the market, and is an information transfer mechanism for value created by
The People, who's value is supported by the people, those same people - us slaving in society - for those who then inflate, turn us into indentured debt slaves and have the gall to charge us interest for the work we do because they can print funny money that isn't fit to be toilet paper!
I respect how you view where we are heading, actually I found all what you said is right and correct.
Sooner or later people will kick themselves for not being ALL IN.
Believe me, I'm nearly crying everyday because my father owns me like $10K and I won't be getting them anytime soon, maybe within year or two.
I'm extremely careful with every penny I've, as I save them and convert them to Bitcoins.
Most probably, before 2020, we will witness the most gigantic in the entire man history ever of wealth migration to Bitcoin.
Everything is changing around of us, and as Gates said, people over estimate anything in it's 2 years and underestimate it in it's 10 years.
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