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Author Topic: Explained - The Road to $100k Is Underway  (Read 228 times)
BrewMaster
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December 01, 2020, 02:03:10 PM
 #21

taking a stroll down the memory lane we don't even have to go that far back, people were saying $5k is not even possible by the end of the year just because price was stuck at $3k at that point.

it seems to be in the nature of some people to deny the inevitable bitcoin price rise as seen by some comments around this forum this day and in this topic.
even more interesting is when all these $100k $500k and $1 million predictions start coming out now that the price is rising whereas the rest of us have been saying the same thing when price was $3k Wink

There is a FOMO brewing...
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December 01, 2020, 02:17:29 PM
 #22

$ 100,000 is a very high price for Bitcoin. 

Bitcoin has a large number of old holders.  To what extent are these people ready to become the richest people in the world?  The dollar billionaire can finance large-scale projects.  He can even create nuclear weapons or finance terrorists.  Most of the older bitcoin holders are cypherpunks.  These people can be dangerous to today's global elite.  The elite does not trust these people.

I think they will not be allowed to become dollar billionaires and, accordingly, Bitcoin will not be worth $ 100,000 any time soon.

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CODE200
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December 01, 2020, 11:59:40 PM
 #23

taking a stroll down the memory lane we don't even have to go that far back, people were saying $5k is not even possible by the end of the year just because price was stuck at $3k at that point.

it seems to be in the nature of some people to deny the inevitable bitcoin price rise as seen by some comments around this forum this day and in this topic.
even more interesting is when all these $100k $500k and $1 million predictions start coming out now that the price is rising whereas the rest of us have been saying the same thing when price was $3k Wink
Indeed there are provocations on the speculations of the majority. That instance in $3k price mark is a good example but I guess things are not the same with such high market value of more than $100k, knowing that its market value is not continuously increasing in a consistent manner. Provocations are made because the claim is somewhat hard to believe but it does not determine what will really happen in the future. It makes sense the past's predictions now met reality but it is just hard to visualize that a decentralized digital currency, will be worth of such wherein it is not meant to be an investment in the first place.



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Rainbot
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December 02, 2020, 12:07:16 AM
 #24

Even though the current Bitcoin price has returned to the way it did in 2017, it does not mean that it will immediately rise
to the price of $ 100,000. That's a target that may be impossible to achieve in the near future, it is too risky to believe that
Bitcoin will hit a price of $ 100,000. Because people will have high hopes for Bitcoin, which is investing in Bitcoin is an activity
that has a high risk. So it's okay to have a high target against Bitcoin, but it's better to be realistic.

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