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Who gives a fuck what Draper, Mcafee, Buffet, etc etc etc say will happen? bitcoin is way bigger than any of these clowns. Their opinions aren't any more valid than mine or yours.
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Please let him be right  Yeah, so when Lambo? 
It's very easy why personalities such as Tim Draper is really shilling for bitcoin. This guy is one of the early bag holders and I'm sure majority of his money is on bitcoin. So obviously he needs to pump the market with his exorbitant claims. But who knows, he could be right, so just imagine, owning 1 BTC and just holding it for the next 4-5 years, and what's more if you got like 10-100 BTC by that time. You are so ignorant. Draper was a billionaire when he bought his tens of thousands of bitcoins in the Silk Road auction for a couple hundred each. If bitcoin went to zero tomorrow he'd still be a billionaire. Why do people post without having a clue what they are talking about? |
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So 16 pages to explain there is a correlation between price and adoption? no fucking shit, sherlock.
No need to be an asshole, if you don’t have anything constructive to add then why bother? It just makes you like like a moron! It may make me look like an asshole, but not a moron. Who the hell would it be news to that there is a correlation between usage and price? Why didn't this guy write 16 pages on explaining that there is a correlation between the sun being out and daytime? |
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I never want to sell 100% of my coins but I also don't want to wait and hoard them forever either. Heck, I'm still renting an apartment. In some sense, you can't put a price on owning your own piece of land. That's something I'm willing to give up a few of my BTC for.
And this is why you won't be holding any when it crosses $1m. You will be just like most here with one of an endless number of excuses why to sell, sorry to say. .....says the guy who arrived in 2018.  I've come across plenty of newbies like you who think they know it all. Where were you when I was accumulating BTC 98% south of here? It's a damn shame to arrive so late that you can't even fathom selling a few BTC!  If you are renting an apartment, then yes I certainly see why you want to get out of that shitty situation - sell away when you have enough to buy a house outright. Life is too short to live like that any longer than you have to. If you can, try to hold at least one for the rest of your life though. And btw, time in this scene is no guarantee of success. I'm sure there are way more people who had bitcoins years ago and dumped them - many for a loss- never to buy them back then those who held all the way to now. I'm willing to bet that way more people who were part of this scene 5+ years ago have lost money rather than made it. It's because they treat bitcoin like a gambling tool rather than a long term investment, or possibly got fucked by mt gox or some other exchange scam. I'd also not ever assume jack shit about someone based on the join date of their bitcointalk account. For all you know it's one of a dozen dating back to 2011. |
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So 16 pages to explain there is a correlation between price and adoption? no fucking shit, sherlock.
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Weird how buffet has been getting quieter regarding crypto recently.
Eh, I don't think that means anything really. He understands what bitcoin is basically all about and has chosen not to invest in it--plus with all the money he has, he'd have a very hard time buying any without coming close to cornering the market and in the process driving up the price. He's got enough investments in stocks and businesses that are making him tons of money, so he doesn't need to buy any bitcoin. I don't know about $250k by 2023, but it certainly could happen. I never thought bitcoin would hit $10k when it did the first time, so I've kind of learned to expect the unexpected. 2023 is a ways away, so it'll be interesting to see how it turns out. The guy is 88 fucking years old. Would you gaf about investments at 88? I wouldn't regardless how rich or broke I was. What a moot issue for a guy who is living on borrowed time. He's 10 years past his life expectancy ffs. |
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This is a good time to buy altcoins. They are cheap in comparison to bitcoin.
Let us know how that worked out for you. |
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Billionaire investor Tim Draper says Bitcoin price will be worth more than $250,000 before 2023.
I would be very surprised if not. I even expect six digits in 2021. There are only 2 scenarios: 1. bitcoin hits 6 digits by end of 2021 2. bitcoin dies. Either one is possible, but any other scenario I don't think is possible. |
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I don't believe in these predictions. In 2018 they were saying that we will have a new high by the end of the year. In 2019 they are saying the same thing.
I know that this prediction by Draper is more of a long term one but there are many positive predictions as there are negative. We chose to believe the positive ones because we want Bitcoin to succeed that's all. Try to be objective. 50 thousand would be a big achievement for Bitcoin even in the next 2 or 3 years.
There is a statement that thoughts are material.If the majority will believe and constantly think about the high price of bitcoin,then it will be so.But I believe around the should be common sense.And he suggests that the price of $ 250 000 is simply unrealistic. It's not unrealistic if you factor in the fact that most bitcoins held today will be in new hands.  Now Draper has so many that I'm sure he will still hold plenty until he dies, but he is a very rare case. |
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Always good to hear positive outlooks rather than negative, a few hundred thousand a coin is always an exciting theory. I know I could use that cash and so could many others.
Weird how buffet has been getting quieter regarding crypto recently.
Buffet will be dead soon, he's like 158 years old. And most people holding bitcoins today will have sold them before the price ever reaches 6 figures - including you probably, because you need the cash. |
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It is conceivable that bitcoin dominance goes well beyond 70% which will well drain the altcoin market further down. It is going to get worse if someone more institutional investors join the cryptomarket
Bitcoin dominance was about 85%+ from 2013 to early 2017, I expect it to go back to that point. GD near every altcoin is nothing but a bunch of future promise that will never deliver. The only thing I can count on right now is the greatest idea, invention and investment of my and our lifetimes - bitcoin. Let it ride. |
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What about bitcoin cash then? I know its an altcoin but do you guys like seeing it drop down as well?
For altcoin holders, this is obviously bad. But what about those of you who hold both btc and altcoins? Let say you own 50/50 in terms of usd value at the moment. Do you like this or not? Obviously the more btc percentage you hold compared to alts, this is good.
Bitcoin cash is a shitcoin led by a shithead, it's days are numbered before the ol' crypto graveyard gobbles it up. |
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History is being made. The Bitcoin dominance has crossed the two-third level and now it is being measured at 67.8%. All the altcoins are at record lows, with Ethereum trading at BTC0.0197 and Litecoin trading at BTC0.00837. XRP is down to 2,755 Satoshis. I won't be too surprised if the Bitcoin dominance climbs to 75% or even 80% by the end of this year.
In just four days since I made this post, the Bitcoin dominance increased by another 1.7%, to end up at 69.5%. The altcoins are not just losing their value against Bitcoin. They are losing value against the US Dollar as well. In just one and half months, the price of Ethereum has fallen from $325 per coin to just $210 per coin. During the same period, Litecoin went from $140 to $85 per coin. It's party time for the Bitcoin holders!!! My question is how the fuck can an ethereum gas token be worth over $200? Like, who the fuck is buying at that price when it's only use case (scam icos) are no longer a use case? |
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That person is hallucinating or dreaming. But I am not against him, even I wish for bitcoin to reach that high. But let us be real, bitcoins value will not reach that high in 2023. We could possibly hit 50k$ but 250k$ is just a wishful thinking. But who knows I maybe wrong and he is right. Let us just wait for 2023 so we can really decide that what he is saying is real is just purely wishful thinking.
Here's whats gonna happen: bitcoin price will hit $50k and you will sell all you have (assuming you have any). Price will dump to $35k and you will feel on top of the world. Then it will soar to $250k and you will stand there with your jaw on the floor saying wtf did I just do. I'm not a time traveler, just using my own intuition. |
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Its easy to say that price of Bitcoin will hit $100,000 by end of 2021. There's a lot of personalities who also say that Bitcoin will reach leaps and bounds by end of 2020 but the question is how and why will it reach $100,000 by end of 2021.They can hype it up but giving those bold predictions but for me I will not wait for that to happen, just trade and before you know it, you already accumulated more than your target if you trade wisely.
How you ask? Limited bitcoin supply + fiat collapse. Next question? |
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Would you say its probably 5 at the absolute minimum? I think the number is either 5 or 10. If btc hits 300k, that is 1.5 or 3 million dollars. After taxes, you would have 1 million or 1.8 million right?
So here's the scenario: btc hits $300k and you sell all 5 bitcoins you have thinking you are now a millionaire and set for life. A few years later that $1.5m is now worth $700k due to inflation, and the 5 bitcoins you sold are now worth $5m. Do you see my point? I don't see this being a game to become a fiat millionaire Fiat obviously isn't a good long term hold. That's where jerry0 has it wrong. But selling into the next bubble and using the fiat to put into real estate? That's something I could see for myself. I never want to sell 100% of my coins but I also don't want to wait and hoard them forever either. Heck, I'm still renting an apartment. In some sense, you can't put a price on owning your own piece of land. That's something I'm willing to give up a few of my BTC for. And this is why you won't be holding any when it crosses $1m. You will be just like most here with one of an endless number of excuses why to sell, sorry to say. Just like few have the extra cash to buy one today, few are in a financial position or have the fortitude to hold for the rest of their lives and will them to their children. These are pretty much the only ones reading this who will be holding $1m+ bitcoins. Most sellers along the way, however, will all regret their sales, in time. |
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Would you say its probably 5 at the absolute minimum? I think the number is either 5 or 10. If btc hits 300k, that is 1.5 or 3 million dollars. After taxes, you would have 1 million or 1.8 million right?
So here's the scenario: btc hits $300k and you sell all 5 bitcoins you have thinking you are now a millionaire and set for life. A few years later that $1.5m is now worth $700k due to inflation, and the 5 bitcoins you sold are now worth $5m. Do you see my point? I don't see this being a game to become a fiat millionaire, but a game to get out of crashing fiat. The challenge is to do that with fiat you don't need to live on, money you can afford to be without for a few years. Most people live paycheck to paycheck, buying bitcoins for the future is simply out of the question. |
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He has no clue whatsoever.
Bitcoin could go to 100k or crash tomorrow.
Who knows. McAfee certainly doesn't.
Enough of these bitcoin could go to zero a a million bullshit proclamations. It's not going to die, obviously. It's going up and up in the future because it's represents freedom and independence of the human race. It's impossible to overemphasize the importance of this invention. Everyone capable of owning a whole bitcoin should acquire it while they still can to be part of the future elite rather than part of the ashes of collapsed fiat. |
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Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL
the possibility is always there, bitcoin could suddenly crash down to $5k noone can guarantee 100%, we can only predict because currently the market shows bullish trends and there is nothing special about breaking $10k, we've seen this a few times already if bitcoin breaks $15k then it's a news, it would be the new peak price for this year Just think, the price went from $2s with 50 block rewards to $400s with 25 block rewards to $10k 12.5 block rewards. I wonder what prices 6.25 block rewards will be? And then 3.125? Like Mcafee said, it's all in the maths. The train to own a whole bitcoin is moving...slowly...away...... |
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