Eric Trump is once again talking up a bullish outlook for Bitcoin, and he’s apparently arguing that $1 million is only the beginning of things. Honestly, I’m half-skeptical about these kinds of big-wig predictions, but it’s definitely true that market expectations are rising more and more.

Institutional investors targeting trades on the scale of 1 million BTC are also getting more active, and Bitcoin’s recognition is nothing like what it used to be. That said, whether these extremely bullish predictions will actually come true probably depends on the regulatory environment and the level of adoption.

What do you think? Are you in the “believe it” camp for predictions like these, or the more cautious camp?