Eric Wade just unveiled which small altcoins to buy BEFORE bitcoin’s reboot event on April 19 to potentially make 10 to 50 times your money.
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Crypto’s potential is far greater than most people realize…
If you’ve been paying attention to the markets, you’ve probably noticed that bitcoin – already the world’s most well-known cryptocurrency – has been growing in popularity. In fact, it even hit a new all-time high this week… climbing above $69,000 for the first time. But Stansberry’s crypto expert Eric Wade says this digital asset’s ascent is just getting started…
Eric believes the underlying technology that powers bitcoin and other cryptos (known as the “blockchain”) will change industries worldwide. And as mass adoption spreads around the globe, the value of digital assets – and bitcoin in particular – will skyrocket. He says this “new age” of bitcoin all started with a major catalyst last year…
In today’s essay, Eric details why bitcoin could hit $1 million in the next seven years… explains how blockchain technology is upending the financial world… and offers “use cases” for cryptos in several industries…
Eric Wade’s The 10 Million Bitcoin Boom – Claim Your FREE Spot Here
How Bitcoin Goes to $1 Million
By Eric Wade, editor, Crypto Capital
New millionaires will be minted… likely even billionaires…
We will soon see another bull run in bitcoin and cryptos of a magnitude that will put even the dot-com bubble to shame. And we’re already seeing the first signs.
In fact, thanks to a single metric – scarcity – I believe that within seven years, bitcoin could be worth 16 times as much as it is today.
And the major catalyst ushering in this new age was the bitcoin “halving” event last year…
Halving refers to the payouts, or rewards, that bitcoin “miners” receive for securing the network.
By cutting the rewards in half, bitcoin’s “inflation rate” – the flow of new bitcoin entering the market – drops as well. This means bitcoin gets stronger as a currency over time as its inflation drops.
And that’s why the next crypto rally is beginning now…
Anticipation of the 2020 halving dominated crypto-related headlines for more than a year.
Crypto enthusiasts know that these events happen roughly every four years. And in the past, they’ve boosted bitcoin’s market price.
“Halving” was designed by the pseudonymous Satoshi Nakamoto when he or she developed bitcoin and its underlying blockchain code. It’s designed as a way to limit inflation.
When it finally came on May 11, 2020, bitcoin’s inflation rate fell to about 1.8%… about the same as the U.S. dollar’s 2% target rate. And here’s the key point…
Previous bitcoin halvings have roughly marked the starting point for huge run-ups in bitcoin’s price. After past halvings, bitcoin has soared as much as 8,000%.
We’re well on our way to seeing similar gains this time around… Despite some of bitcoin’s routine volatility over the summer, the largest cryptocurrency is up nearly 600% since the May 2020 halving event.
One model, known as the Stock to Flow (S2F) model, takes a look at bitcoin’s scarcity by dividing its supply (its “stock”) by its annual production or inflation (its “flow”). Since bitcoin’s future supply is known, we can use that calculation to project future price ranges.
By that model, bitcoin could hit $100,000 sometime in the next three years and $1 million per token within the next eight years…
Variations on the S2F model show the price of a single bitcoin rising as high as $288,000 within the next four years.
Of course, all these models are based on what has happened in the past and what we know about the future. That means they’re far from guaranteed.
But my own calculations are similar… And on a stage in front of hundreds of investors at the annual Stansberry Research conference back in October 2019 in Las Vegas, I predicted that bitcoin will go to $1 million in our lifetimes.
I said it wouldn’t be a straight move higher, but that bitcoin’s appeal would become more widespread among investors and speculators. And it’s certainly heading in the right direction for my prediction to hold true.
Today, bitcoin is quickly going mainstream…
As the Federal Reserve and other central banks printed more and more money throughout the pandemic, a lot of people started to understand the power and utility of bitcoin and other cryptos as alternatives to the U.S. dollar – and as a hedge against rampant inflation…
And even the U.S. government seems to be paying more attention.
This past August, the U.S. Senate made a big show of slipping a crypto-related provision into the highly contentious infrastructure bill. The provision would target cryptocurrency investors for an estimated $30 billion in taxes.
In plain English, this means that virtually overnight, the U.S. government is starting to count on paying its bills by taxing cryptos. Regardless of your stance on the issue (or on taxes), this will permanently enshrine cryptos as legitimate the moment it’s signed into law.
Furthermore, in October, the U.S. Securities and Exchange Commission cleared the first exchange-traded fund (“ETF”) that will track the price of bitcoin – the ProShares Bitcoin Strategy Fund (BITO).
This adoption is already well underway… And this is why you need to buy bitcoin today.
But here’s another critical point I want to make so everyone understands the importance of what I’m talking about…
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Legendary crypto expert Eric Wade is hosting a free online event this coming Wednesday, November 17. He’ll give you the name of one of his top coins, absolutely free, no strings attached. (HINT: It’s trading for less than $0.20!) And he’ll explain how an unprecedented event in January could unleash 10 million bitcoin worth of wealth.
While bitcoin introduced the world to the idea of computer-based currencies, it has also spawned a new wave of technological innovation across many industries…
To understand why, you’ve got to understand not just bitcoin, but the technology that powers it. Here’s a good primer on what I’m talking about…
Every crypto has a blockchain as its core technology. Think of the bitcoin blockchain as a giant Excel spreadsheet that shows the complete transaction history and location of every bitcoin.
Every 10 minutes, the spreadsheet gets updated as an additional “block” of new transactions is added.
Picture that as someone opening up the spreadsheet and adding thousands of new transactions to it. That’s a new “block.” A blockchain is merely a chain of new blocks.
Everyone can have their own copies of the spreadsheet. It’s completely transparent.
Let’s say Jim sends 1 bitcoin to Sally. When the transaction is processed by the blockchain, the spreadsheet is updated. Jim’s balance is docked a bitcoin, and Sally’s is credited one.
But who updates the spreadsheet? And how do we stop people from trying to make false updates to the spreadsheet, awarding themselves more bitcoin, or trying to send the same bitcoin to two different people at the same time?
That’s the job of bitcoin “nodes” and “miners.” They’re computers that run software to support the bitcoin network and keep it operating smoothly.
Miners are run by individuals or groups of people who contribute money toward buying powerful computer systems, known as mining rigs.
Why do people contribute time and powerful computers to the bitcoin network? Because they can get compensated in bitcoin.
But to get that honor, these computers must first solve a complex mathematical problem – and compete with others doing the same thing.
The first miner to solve the problem wins 6.25 bitcoin and gets to post the next block to the blockchain.
Bitcoin itself has been a proof of concept for blockchain technology…
Its success has shown the world it’s possible for independent and fragmented entities (miners) to enable strangers with their own computer power to exchange value with no need for intermediaries.
And it can be done in a completely transparent, verifiable, and open way.
To put that another way, the bitcoin blockchain is single-handedly doing the job of more than 100 years of financial infrastructure.
It’s the Federal Reserve, the U.S. Treasury, the banking system, and auditors all in one package…
It’s immune to government control (and government manipulation). And with a fixed supply of ultimately just 21 million bitcoins… it can’t be inflated away.
No other currency in history can claim that… not even gold, which suffers a form of inflation as miners dig more of it from the ground.
That’s why many people describe bitcoin as “Gold 2.0.”
And that’s why I anticipate that bitcoin’s underlying blockchain technology will “reset” our financial system.
But cryptocurrency can change the world in other practical ways that many people don’t envision yet. Take the “reset” of big banking, for example…
Banks like Goldman Sachs (GS) and JPMorgan Chase (JPM) have entire teams and buildings dedicated to confirming and spot-checking the trades and transactions their firms make.
It costs them billions of dollars every year. But one crypto could change all of that… It represents the reset of big banking.
What if an independent-payments platform could automatically execute when certain conditions came true?
That’s the essence behind “smart contracts.”
Ethereum, the world’s second-largest cryptocurrency, proved smart contracts are possible when it launched in 2015.
It rapidly grew to become the second-largest crypto token by market cap. It allows developers to write computer code for financial transactions. That’s why some people call it “programmable money.”
Think of Ethereum as a global computer network that entrepreneurs and computer programmers can build the apps of the future on. The Ethereum network is powered by ether. And the network is so powerful because…
- Money and payments are built into it.
- Users can own their data, and apps don’t spy or steal from them.
- Everyone has access to an open financial system.
- It’s built on neutral, open-access infrastructure, controlled by no company or person.
Ethereum is at the very heart of the reset of big banking…
Just look at the decentralized-finance (DeFi) movement. Thanks to Ethereum’s automated smart contracts, developers have been able to use it to create all the services you can get at banks.
For example, you can now lend out your Ethereum and earn interest on it, you can borrow it, you can use it to get insurance on your crypto holdings, and you can build an automated crypto portfolio with it.
You can even trade derivatives and options directly on Ethereum.
As of last weekend, more than $170 billion of value was locked into smart contracts running on Ethereum. That was up from $16 billion just one year ago. And we expect that number to continue growing rapidly.
As DeFi grows, Ethereum is looking more and more like an international banking system. But it’s more efficient, open to everyone, and offers products that are impossible in traditional banking systems. As entrepreneurs bring things like credit scoring to Ethereum, we could see the launch of mortgages, car loans, student loans, and more – all directly on the blockchain.
Essentially, Ethereum provides a way to codify, decentralize, secure, and trade just about anything instantly. And investing properly here will yield huge returns…
For instance, my Crypto Capital subscribers are currently up more than 3,000% (in dollars) on Ethereum since we recommended it in 2018… And we still think it could go up even more from here as it morphs into a multitrillion-dollar asset.
My subscribers have booked eight triple-digit (or greater) winners this year alone. But it’s definitely not too late to get in on this trend. We believe bigger gains are still to come.
The reset of both the dollar and big banking alone will affect every household in America. And it will likely spread across most of the world.
Yet there are more “resets” that cryptocurrency will push ahead, too – like credit cards, online and in-person banking, supply-chain breakdowns, and fraud.
Believe it or not, I’m only scratching the surface of crypto’s potential here today… There are plenty more “use cases” and much more to the crypto story than most people understand.
Bitcoin grabs the headlines – and for good reason. But I hope by now you can see how the technology that powers it can potentially “reset” our financial system and disrupt industries all over the world.
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Wall Street legend warns “A strange day is coming”
A massive and surprising new transition could soon impact the wealth of thousands, while leaving everyone else worse off than before.
Eric Wade’s The 10 Million Bitcoin Boom
Eric predicts bitcoin will reach $1 million in the next seven years… and he believes it has a place in every investor’s portfolio. But according to Eric, there’s another crypto opportunity you can’t afford to ignore…
In short, an unprecedented event in January could unleash 10 million bitcoin worth of wealth in a little-known corner of the crypto market. On Wednesday, November 17, at 8 p.m. Eastern time, Eric will explain what he sees coming… and reveal how this event could give you a rare chance to make decades’ worth of gains in as little as three months.
He’ll also discuss the details of his brand-new portfolio, which includes five coins he has never revealed before… each with the potential to “10X” your money.
Eric Wade’s The 10 Million Bitcoin Boom – Claim Your FREE Spot Here