Towards the end, I think. Institutional investors won't be long now. So, what, like $35 in 2022, then slow, steady growth?
I have no idea on numbers, but I would think by 2022 the price will still be higher than $35. The 2022 price could still be high compared to now, but way below whatever the new all-time high will be between now and 2022.
What is the big deal with institutional investors? An institutional investor is just someone, with or without investment power, that has convinced you and a few others to give him your money, and that he is so smart that even if he takes a cut from everybody, the remaining profit is still bigger than you can produce yourself.
Right, but a fool and his money are easily parted. The world has enough fools that the institutional investors wield crazy amounts of capital.