Has anyone read the article maybe to see on what this investor is based his speculation and how much is the odd that this will ever happen?This price of 700k $ would be possible only if all foreign reserves(fiat&gold) worth 12.7$ trillion is converted in BTC,in what SF movie such a scenario is possible?Even he say that odd for that is 1%...

He is also speculating about theory that 1.6$ trillion worth gold which is in private hands miraculously be turned into BTC,in that case 1 BTC would be worth "only" 90 000$.Of course the media always emphasize the bigger numbers,which is the case here-but this speculation is in the same category with John McAfee 1$ million prediction-with only one difference,John Pfeffer did not have time frame for his prediction.