Coming Institutional Wave Will Push Bitcoin To 100k by December 2020




The institutions are coming for your bitcoin! Are you going to HODL or let them take if from you? Institutional grade products are all getting ready to launch including Bakkt and ErisX, but there is already one product providing physically settled futures that is already out in the market for early access. That product is LedgerX, and they have the centurion contract which is a call option that Bitcoin will hit 100k by December 31st, 2020. Many of their institutional clients are interested in this type of contract …I wonder why??

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⏰ Time Stamps ⏰
00:08 Introduction
00:25 Bitcoin To 100k-This Is Attainable
01:00 Bakkt Testing Has Begun But They Still Have 1 More Regulatory Hurdle
01:45 LedgerX Has Their Product Out Right Now
02:41 LedgerX Omni In Early Access & Their Is Huge Demand
03:06 The LedgerX Centurion Contract-100k BTC By December 2020
03:26 ErisX Backed By TD Ameritrade Is Also Getting Ready To Launch
04:04 What Kind Of Demand For BTC Could These Institutional Products Create
04:57 These Products Will Eventually Have To Buy Off Exchanges
05:25 Bitcoin Supply Keeps Getting Reduced
06:00 Conclusion

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35 Comments

  1. ⏰ Time Stamps ⏰

    00:08 Introduction

    00:25 Bitcoin To 100k-This Is Attainable

    01:00 Bakkt Testing Has Begun But They Still Have 1 More Regulatory Hurdle

    01:45 LedgerX Has Their Product Out Right Now

    02:41 LedgerX Omni In Early Access & Their Is Huge Demand

    03:06 The LedgerX Centurion Contract-100k BTC By December 2020

    03:26 ErisX Backed By TD Ameritrade Is Also Getting Ready To Launch

    04:04 What Kind Of Demand For BTC Could These Institutional Products Create

    04:57 These Products Will Eventually Have To Buy Off Exchanges

    05:25 Bitcoin Supply Keeps Getting Reduced

    06:00 Conclusion

    ?Buy A Ledger & Keep Your Crypto Safe?

    https://www.ledger.com/products/ledger-nano-s?r=c56a&tracker=MY_TRACKER

    ?Join The Chat On Telegram ? https://t.me/chicocrypto1

    ??Follow Me On Twitter https://goo.gl/gmsDXa

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  3. agreed, its time indeed – theres 36 million Millionaires out there and only 17 million Bitcoin available now – so what happens if every millionaire wants at least ONE ? well tough luck – see my vlog

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  5. Institutions are buying and have bought majority of BTC available both on exchanges and thru miners.
    Untill and unless BTC ETFs are not approved this year by SEC till then we won't see any such thrust.
    2020 halving will bring some respite to the investors.
    Bull run of 2017 was more driven by Ponzi schemes like bitconnect etc.

  6. What about mnt gox settlement , will that ever happen . ? It's was suppose to lower the btc price as people with their settlements flood the market .. damn I need an organic reentry point at about $$2800/ btc ?

  7. I Believe their coming Won't be a at avalanche like speed, but gradual , there is still a lot of work needed on the tech and regulatory clarity is still clear as mud.

  8. I'd imagine the institutions would be interested in selling those Dec 19 100k options. Are their other dollar amount options? I'd bet theyd have a spread play with 50k and 100k. Thanks for the vid. Will research on my own now that I know this

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  10. I don't think it matters much to the price being physically settled, we'll see shortly I guess. My thoughts are you can have billions of dollars of volume and the price move very little.

    That is very obvious from looking at just current daily volume activity vs price. The price only moves when the demand activity is skewed more to one side. Look at Jan-Mar 2019, price rarely moved with still billions of daily volume

  11. the FOMO mechanisms are pushing hard! Be careful people don’t invest thinking your gonna be rich by 2020…..You will loose your money! Use bitcoin if you have too or accept it as payment. Dont invest! try to work for it or start a tag sell and tell your neighbors “bitcoin” only! Think about that one. I own a pizzeria and accept it as payment but I only had 5 sales ALL YEAR! So if this hits 100k it’s because of the WHALES playing with the market.

  12. Hi, love what you do, especially the scam busts. I have to respectfully disagree about the projected market cap. I think BTC is going to be more valuable in ways other than just the price. For instance, as a standard bearer instrument, or a global payments solution with real world adoption to rival the likes of Visa Paypal and what not.

    We have an unhealthy number of people who hold or buy BTC for speculative reasons and that's fine, but Bitcoin needs justification as something that can be used. Storing value alone is not a strong enough use case. It needs to be considered something people which people can actually frequently and easily transact value with in order to fulfil it's original purpose – a trustless cash system. No, I do not support Bitcoin Cash, but I do believe in utility before price.

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