These analysts and their price targets are so wack...they change them daily!
Flood gates are opening for sure though. CNBC talks about bitcoin daily...and many of their very conservative fund managers own bitcoin and talk about the other cryptos. They are still learning about the other cryptos at this point, but some were talking about owning 1% crypto in their portfolio of assets. 1% is huge!
Ah you saw that segment on the half time report as well? :) This is how it starts.
It will mean potentially lower volatility once more traders jump on the bandwagon. Lower returns also though. I'm going to try and enjoy the 10% daily swings in some of the top 10 currencies while it lasts!
If you wanna be part of a very bullsih asset, check out NEO. The chinese market is primed for mobile payments, and digitizing of assets. NEO will take a majority of this market share. Just posted an instructional video on acquiring and securing your NEO check it out https://steemit.com/cryptocurrency/@tswoop/neo-instructional-video-for-beginners-from-buying-bitcoin-exchanging-for-neo-sending-to-the-neon-wallet
Have been trading NEO for a couple days now...loving the swings.