Dan Bilzerian, whom Wikipedia describes as a “socialite and professional poker player,” has 22 million followers on Instagram, all of whom were informed of his recent “shit load” sized purchase of Bitcoin. At this late date, it seems he can still make money on it. There seems to be no real cap on the future of Bitcoin’s value.
Regardless of internal drama that has continued to mark the community, culminating in a user-activated soft-fork come August, the value has continued to rise in recent months. It’s hard to place a ceiling on something so new, so any of the people following Bilzerian on Instagram who had not previously heard of Bitcoin and get in as a result could also make a handsome profit.
To many who are already deeply in touch with the cryptocurrency space, it seems late for anyone to pitching their full weight into Bitcoin, now that we’ve seen such massive gains. It’s never too late, of course, and anyone can come in now and probably still see price rises over the future months. We have to avoid any sense of “we did it” and allow for the possibility that growth is only just beginning.
If a third of all millionaires in the US were to take an interest in Bitcoin and put some of their money into it, for instance, we’d see even more gains than we already have. Network congestion will continue to be a problem, and one that will have to be resolved sooner than later, but actual growth of the user base will lead to some price increase.
“I bought a sh**load of Bitcoin today,” Belzerian reported from the gym. “It’s so crazy watching that it fuing go up, too, it’s like sweating like I made a bet on the Super Bowl or something.”
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