Crypto analyst Marius Landman who is also an asset manager is forecasting huge incoming inflation for the Bitcoin price before it surges to $1 million so let’s find out how can this happen in the Bitcoin news updates below.
The crypto analyst Marius Landman says that Bitcoin will not be able to reach $1 million unless it goes through hyperinflation first. Bitcoin is protected from inflation since every four years the miners’ rewards get halved and the next halving is expected to occur in May 2020. The analyst believes that the price of the number one asset will decline first. The scale of the price movements will be huge according to him but if BTC starts coming somewhere close to $1 million, the price drop should be expected now and $1000 drop should seem like nothing. The price corrections of $20,000 in the future would also be insignificant as those of up to $100 today.
Another person shares the same opinion as to the crypto analyst and that is John McAfee. He believes that Bitcoin will reach $1 million by the end of 2020. Some of the other Bitcoin Perma bulls such as Tom Lee and Max Keiser go for much lower predictions for the maximum BTC price level. Marius Landman also predicted two more sudden movements of the price of Bitcoin and Litecoin that could surpass the crypto community and will leave them ‘scratching their heads.’’
Landman works with the market analytics and crypto asset management companies but he also supports social development projects and on the personal website you can also read the promotion of the project ‘more water project’ that he is taking part in along with a few other friends and colleagues. The goal is to provide fresh water for the African communities. Landman and the team that works on the project are collecting donations for drilling water wells in Africa and they are currently working in Ghana:
‘’The Suminam project was attempted last week but delayed because of rain. The villagers are trying their best to fill wet places with stones. We will try again this next week. Once successful, we will send pictures of the drilling and well development.’’
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