The First BTC “Fair Value” Reco Has A Stunning Price Target

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“Considering what we know about the world, I personally believe that Bitcoin may well explode in value as more and more people begin to use it.  If you stuck $5,000 into Bitcoins and each Bitcoin did go up to a gold equivalent of let’s say, only 100 ounces of gold (not the potential fair value of 700), then at current prices your Bitcoin stash would be worth $3.3m.   Now that’s what I call a tail-risk option. It’s either worth zero or it’s worth a truly outstanding amount of money.  I bet you never thought you’d see this in a macro publication. But I’m serious. This just might work.”

http://www.zerohedge.com/news/2013-11-10/bitcoin-plunges-25-government-scrutiny-first-btc-fair-value-reco-has-stunning-price-

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