BTC123 is perhaps the worst possible thing that could happen to the Bitcoin community.  Much of what BTC123 is saying is foolish.  While I agree with his forecast on price (at least to 100k), and the willingness of VS's to back payment/exchange oriented companies, BTC123 is completely wrong about regulation and manipulation.  In fact, anyone in this forum thinks that manipulation is ok provided it is applied to a commodity rather than a currency or a security, please do some light reading after you google Enron, and various other CFTC/US Attorney prosecutions.  This jurisdiction is not constrained by the asset but rather your citizenship (BTC123 I hope you are not American, but if you are I can refer you to excellent legal counsel - you will be needing it soon). 

As further evidence of BTC123's fool status, he is broadcasting a strategy that is hardly original.  It is the traders equivalent of bragging about getting your training wheels of your bicycle to a band of Hells Angels (as they rumble by).  Nor is a forecast of $1,000,000 particularly prescient.

It is a waste of my time to go on about this, but I hope the BTC community will realize that a rational evolution of this market with less volatility and more professional infrastructure is sorely need in order to gain popular acceptance (in case your blinded by the BTC light bit coin is far from popularly accepted.  In order for that to happen, we need to loudly object to the foolishness of the BTC123's of the world - even though it wont stop them from being a fool.