Bitcoin $1 million? (yes, really)

Bitcoin $1 million? It might sound crazy, but it’s possible… and the establishment hates the thought of it. You are receiving this email because you subscribed to Wealth Daily. [Click here]( to manage your e-mail preferences. [Wealth Daily logo]  Bitcoin $1 million? (yes, really) [Jason Stutman Photo] By [Jason Stutman]( Written Dec. 02 2017 Despite the incessant short attacks that have been occurring against the world’s trademark cryptocurrency, Bitcoin continues to break expectations. The digital token reached $10,000 for the first time ever on Wednesday, breaching a psychological barrier many had deemed impossible not more than just a few weeks ago. Now, analysts are calling for Bitcoin to continue accelerating. Some are even targeting the currency as high as $1,000,000 by 2020. It might sound crazy, but it’s possible… and the establishment hates the thought of it. In early September, JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon called Bitcoin a “fraud.” The head of one of the world’s most powerful financial institutions felt compelled to attack Bitcoin when it was trading as low as $3,300 a share. Since then, Bitcoin’s unit price has more than tripled. If you did the exact opposite of what this caricature of the institutional swamp told you to do, you could have sold this week and locked in more than 16 years of conventional investing returns (7% compounding annually) and called it a decade. You can chalk it up to Jamie Dimon being a dinosaur who doesn’t know how to value this newly minted digital asset, but you wouldn’t be giving him enough credit. Dimon absolutely sees the value in Bitcoin; he just wants to control it himself. Just a month after Dimon’s initial “Bitcoin Fraud” comments in September, JPMorgan Chase revealed something telling: It would be launching its own blockchain-based system alongside the Royal Bank of Canada and Australia and the New Zealand Banking Group. In other words, even Bitcoin’s most notorious hater is actually a believer in the technology behind it. Perhaps Dimon will be right about Bitcoin in the end. Perhaps he’ll continue to be wrong. Either way, it doesn’t make much difference because at the end of the day, one thing is guaranteed: the blockchain is here to stay.  Claim Your FREE Bitcoin Starter Pack! Over the last couple of months, our researchers have been scouring the internet with one goal in mind: to produce a landmark digital currency education service. Now, that digital currency education service is complete, offering investors who missed out on Bitcoin a second chance at incredible profits. Through this education tool, investors can make gains like: - Ripple — up 4,400% - Litecoin — up 1,077% - NEO — up 9,000% For a limited time, investors who act now can claim Bitcoin with their guide. [Click here to learn more.]( Missed the Rush? It’s Not Too Late At this point, you’re probably either on the side of regret or reverence depending on whether or not you’ve already bought Bitcoin. We’ve been pushing for investors to buy Bitcoin since March of 2013 in these pages, calling it a “highly attractive proposition” when it was in the mid-$30s. Not many people took that advice, but those who did are looking at a return near 3,660%. We didn’t only see value in Bitcoin, though, and we weren’t buyers because of the name or hype. At the time, practically no one even knew what Bitcoin was. We were buyers early on because of the technology that Bitcoin pioneered. We were buyers because of the blockchain — a decentralized, digital, and public ledger destined to turn the entire financial world on its head. Fast-forward about five years, and everyone is jumping on the blockchain bandwagon with over 1,300 blockchain-based tokens to choose from. The entire market is now blowing up as speculative investors look for the “Next Bitcoin.” Of course, most of these currencies are total bunk, and the existence of a literal “PonziCoin” is probably telling enough of that. If it isn’t, you can also consider the following: - TrumpCoin: An altcoin dedicated to supporting Donald Trump’s presidency - WhopperCoin: A coin to earn and redeem at Burger King Russia - Dogecoin: An altcoin with a market cap of ~$210 million based on a meme of a dog (I'm not kidding) - PotCoin: A coin to facilitate marijuana transactions - Titcoin: I'll just leave this one up to your imagination Yet despite the dubious and useless nature of many of these cryptocurrencies and digital tokens, there are a select few that offer real utility by facilitating not just financial transactions but also automated contracts, distributed energy networks, and potentially even a worldwide supercomputer.  Bitcoin has more than quadrupled in value since January, making some people’s stakes worth more than 675,000 times their original investment! Lesser-known cryptocurrencies like Litecoin, Ethereum, Dash, and Ripple have all shown investors as much as 4,000% returns! And now we have two new ones on our radar that could be bigger than all of them. Investment Director of Penny Stock Millionaire, Alex Koyfman, has discovered the next cryptocurrencies that could deliver Bitcoin-like gains. You won’t believe what he’s found until you see it! [Click here for the exclusive report!]( Bubble or Not, the Naysayers Always Lose The truth about Bitcoin right now is that even the most notorious bubbles can be based in reality. The dot-com boom, for instance, was based on the idea that the internet would revolutionize the global economy... and there’s no doubt it did. Google, Amazon, Microsoft, Priceline, eBay, and Apple all spawned from the dot-com era, and investors who picked those stocks early on are now rolling in dough because of their convictions. These companies may have been obscured at one point by the utter collapse of websites like Pets.com, but that doesn’t mean the internet boom was actually a bust. In fact, the aforementioned companies only prove it was an incredible success. With digital currencies, though, the opportunity to pick out blockbuster investments is even greater this time around. Unlike the dot-com era, when companies like Google were still private, there are no regulations preventing you from investing in tokens because you’re not “sophisticated” enough. They’re all up for grabs right now whether you're accredited or not. The secret, of course, is going to be picking the right ones, but it doesn’t have to be a roulette spin if you know what you’re doing. Again, I’m not talking useless tokens like Titcoin or PonziCoin; I’m talking about digital currencies with real utility and intrinsic value. Even if Bitcoin is too rich for your blood, understand that some of these coins are still trading for pennies. If you think the rally can’t possibly continue, you should at least consider that, right now, the entire digital currency market is still being valued under $300 billion. Excluding Bitcoin, it’s less than $125 billion. For perspective, that’s around the value of the entire McDonald’s (NYSE: MCD) franchise. Broadly speaking, it’s not that much money at all yet. When dot-com stocks crashed in 2000, the market lost ~$1.8 trillion in value, and that was almost entirely in the U.S. Not only is digital currency still well under that mark, but it’s a global market with more potential buyers. Factor in nearly 50% inflation since 2000, and it’s fair to assume there’s plenty more room for monetary injection before the speculators run out of liquidity. The fact is that people have been saying Bitcoin was in a bubble since 2013. They’ve been telling you you’re dumb and shaming you for wanting to invest. Yet here some of us are, reaping a lifetime's worth of conventional stock returns in a matter of years, while others sit on the sidelines watching and wagging their fingers. If you’re tired of people like Jamie Dimon telling you, from their paper-money thrones, that you’re an idiot for wanting to invest in a currency governments don't recklessly print out of thin air, maybe now is the time to flip them the metaphorical bird. I'll be the first to admit that navigating the world of digital currency isn’t easy, but with the right resources, anyone can be successful. This is just one of the reasons we’ve put together our [“Definitive Guide to Digital Gold”]( for anyone looking to get started investing in digital currency and for anyone wanting to learn more about the industry’s leading altcoins. So far, our digital currency recommendations have yielded over 900%, and [we're only getting started.]( Until next time,   [JS Sig] Jason Stutman [follow basic]( [@JasonStutman on Twitter]( Jason Stutman is Wealth Daily's senior technology analyst and editor of investment advisory newsletters Technology and Opportunity and The Cutting Edge. His strategy for building winning portfolios is simple: Buy the disruptor, sell the disrupted. Covering the broad sector of technology and occasionally dabbling in the political sphere, Jason has written hundreds of articles spanning topics from consumer electronics and development stage biotechnology to political forecasting and social commentary. Outside the office Jason is a lover of science fiction and the outdoors, and an amateur squash player at best. He writes through the lens of a futurist, free market advocate, and fiscal conservative. Jason currently hails from Baltimore, Maryland, with roots in the great state of New York. Enjoy reading this article? [Click here]( to like it and receive similar articles to read! Browse Our Archives [The 6 Best Investment Accounts]( [Two Early-Stage Cryptocurrencies Already Growing Faster Than Bitcoin]( [2018 Prediction Season]( [Over the Holiday Weekend: Bitcoin Surges, Jeff Bezos' Net Worth Increases]( [The Bitcoin Lunacy Continues]( --------------------------------------------------------------- This email was sent to {EMAIL} . It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Wealth Daily, please add wd-eletter@angelnexus.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. [Wealth Daily](, Copyright © 2017, [Angel Publishing LLC](. All rights reserved. 111 Market Place #720 Baltimore, MD 21202. The content of this site may not be redistributed without the express written consent of Angel Publishing. Individual editorials, articles and essays appearing on this site may be republished, but only with full attribution of both the author and Wealth Daily as well as a link to www.wealthdaily.com. Your privacy is important to us -- we will never rent or sell your e-mail or personal information. [View our privacy policy here.]( No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy of the statements made herein. [Wealth Daily]( does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question.