But its not Many people in gold and silver will be moving over and when an ETF gets approved it will tap into a total of 75 TRILLION dollar market cap industry. Even if just 1% comes over from that it will result in $25,000 per bitcoin
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I dont think that people will give up gold or silver. Its still a really good long-term investment. I mean long, long term. Even safer than crypto. Crypto is here and now. By that I mean that predictions can not be further than 2 years, because the market is changing literally every day. Bitcoin could go down in the next years. By years I mean 3-5 years. Why? Because today there are so many new coins rising, with new ideas how to use the blockchain, and the blockchain will be improved by time. So basically what I am saying is that, there will be thousands of new coins, which will be more popular than a lot of today's top crypto coins.