Rich Dad, Poor Dad Author Sees Bitcoin Hitting $1.2 Million Financial guru Robert Kiyosaki believes you ll be able to buy a million-dollar house in five years with just one Bitcoin Apr 13, 2021, 2:39 pm EDT April 13, 2021
Rich Dad Poor Dad, predicts that the price of
Bitcoin (CCC:
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If that’s the case, you might want to save your Bitcoin to pay for something more important than a pizza. In 2010, Laszlo Hanyecz used 10,000 Bitcoins to pay for two pizzas. In February, those Bitcoins were worth $446 million. As of April 12, they were worth more than $600 million.
At this point, unless you’ve made millions on your Bitcoin and don’t care, to pay for pizzas or even a
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Market Moving Headline:
Key Takeaways:
- COVID-19 vaccination timeline is sped up.
- Equities are recipients of $12B in inflows.
- Treasury yields aren’t at worrisome levels.
- VIX term structure suggests no real panic.
- Real GDP growth to be over 6% this year.
In the coming sessions, participants will want to pay attention to the VWAP anchored from the $3,959.25 peak, the $3,720.50 minimal excess low, as well as the $3,837.75 high-volume area (HVNode).
It’s hard to imagine a worse scenario than the one left behind by former Treasury Secretary Steven Mnuchin.
The draconian regulatory proposals were Mnuchin’s own personal vendetta, according to Bitcoin veterans like Square Crypto developer Matt Corallo and Coin Center director Jerry Brito, and it’s too soon to say whether incoming Treasury Secretary Janet Yellen will approve the proposed know-your-customer standards or reject them.
Given the chaos created by the Trump administration, bitcoin fans are anxiously optimistic about how regulators will approach the cryptocurrency space during President Joe Biden’s administration.
“Mnuchin at the very end had an alarmist view about the illicit use of cryptocurrency that wasn’t shared by law enforcement and intelligence agencies. It doesn’t seem that Janet Yellen has that same view,” Brito said. “Her view seems to be very standard.”