Bitcoin (BTC) Remains a Bargain Despite Reclaiming $100,000, Says Top Investment Manager

A top investment manager has insisted that, considering the projected Bitcoin trajectory and the asset's inherent qualities, it is a bargain at current prices.

A top investment manager, Lawrence Lepard, has insisted that, considering the projected Bitcoin trajectory and the asset’s inherent qualities, it is a bargain at current prices.

The pioneering cryptocurrency, Bitcoin (BTC), has reclaimed $100,000 after months of sideways trend, yet is far off possible long-term targets. According to sound money advocate and founder of Equity Management Associates (EVM), this remains a once in a lifetime opportunity to acquire the flagship crypto asset.

In a viral video making the rounds today, Lepard noted that the difference between two individuals in the future would be their exposure to Bitcoin. One would regret not buying the soundest money in the universe, and the other would receive accolades for sacrificing to buy a whole Bitcoin.

“Being a whole coiner in a few years is going to be massive,” he added, concurring with an assertion from top pundit Lark Davis, who said it would be “absurd” to hold 1 BTC in a few years. The Bitcoin advocate also stressed that 0.1 BTC would be an enormous deal soon, citing the premier asset’s surge potential.

The implication of this statement is that in a few years, those who can boast of holding at least 0.1 BTC would be a select few, making it a significant point of discussion.

Moreover, Lepard highlighted that Bitcoin is still in its early days and those who buy now, despite its six-figure valuation, will still be part of the long-term 10x to 1,000x move.

“I don’t think you have missed the boat; it (Bitcoin) can come out of the blue,” the investment manager stated.

“The thing that is so wild about this asset is the way that it can really move fast.”

Bitcoin Path to $10M

The implication of this statement is that in a few years, those who can boast of holding at least 0.1 BTC would be a select few, making it a significant point of discussion.

Moreover, Lepard highlighted that Bitcoin is still in its early days and those who buy now, despite its six-figure valuation, will still be part of the long-term 10x to 1,000x move.

“I don’t think you have missed the boat; it (Bitcoin) can come out of the blue,” the investment manager stated.

“The thing that is so wild about this asset is the way that it can really move fast.”

As Bitcoin continues to rise in price, it is no surprise that investors are becoming increasingly interested in the cryptocurrency. However, with so much misinformation circulating online, it can be difficult to sort fact from fiction.

One claim that has been circulating recently is that Bitcoin is currently priced at $99,999. While this price point may seem high, it is important to consider the context.

Bitcoin's price has fluctuated wildly over the years. In 2011, Bitcoin could be purchased for as little as $1. At the beginning of 2023, the cryptocurrency's price briefly touched $70,000 before experiencing a decline.

However, despite its recent price drop, Bitcoin remains an incredibly valuable asset. At a price of $99,999, Bitcoin would have a total market capitalization of approximately $2.10 trillion. To put this figure into perspective, the entire stock market has a capitalization of about $50 trillion.

Of course, it is also possible that Bitcoin's price could fall even further from here. After all, cryptocurrency markets are notoriously volatile and anything could happen.

However, if Bitcoin does manage to reach new all-time highs and rise to $200,000 or $300,000, as some analysts predict, then it is likely that we will see even more interest in the cryptocurrency.

Only time will tell what the future holds for Bitcoin. But one thing is for sure: this cryptocurrency is anything but ordinary.

In the meantime, as Bitcoingers await the continuation of the bull market, they can keep themselves entertained with a new Bitcoin-themed game that has been released. The game, which is called "Bitcoin: A Decentralized Revolution," is a role-playing game that follows the story of Satoshi Nakamoto, the mysterious creator of Bitcoin.

The game is set in the year 2008, as the world financial system crumbles around Satoshi. As Satoshi, players must code the original Bitcoin client, mine the first blocks of the blockchain, and build the community of early Bitcoin adopters.

Along the way, players will encounter a variety of characters, such as economists, programmers, and government officials, each with their own unique perspective on Bitcoin and its potential to change the world.

The game is still in beta, but it can be accessed on the Internet Archive's website. Those