I don't think Mark Cuban running for president is the type of motivating factor that Bitcoin needs to hit a million. I really don't even think it's possible this cycle. With some major world changes I could see it being possible in 2025, but that is a long shot. More likely I think would be a total collapse of the network, but more likely than both would probably be Bitcoin settling in someone in the low hundreds of thousands of dollars.
Yeah it's going to be a while before a million has to settle above 100k for a month or more atleast. Kind of crazy though. It went from 100 to 1000 and 1000 to 10000 then 10000 to maybe 100k this year then collapse to 40k who knows. PayPal will be a test and JPMorgan did predict over 100k as a long term perspective. That's crazy. For them to even say that. But they didn't say when just long term perspective.
I think Bitcoins scaliibilty is horrible though so is Litecoin. That might make it tuff to hold at 100k but they do have that lightening network that will be needed with a stock market rally to Bitcoin then all hell breaks loose if gold and the stock market drops. If Bitcoin can hold above 40k intill April this year might be even crazier. And a start of a massive Bitcoin adoption especially with the virus hitting if it gets worse. They also putting it on the tax form. So yeah look out though like you said might be a total collapse. And i'll add government officials may get involved but I doubt Biden will help Bitcoin I think that hurts Bitcoin people might hate Trump but he was more futuristic than Biden but that could change.
