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Author Topic: Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC  (Read 322 times)
StockBet.com (OP)
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September 18, 2017, 03:22:07 PM
 #1

Tom Lee sticks to his prediction for Bitcoin despite China:

https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc

Tom Lee was the most accurate forecaster of the stock market for the past 6 years.  Let's see if he'll be right about Bitcoin.

Interesting that he was a former Managing Director at JP Morgan Chase.  Jamie Dimon must hate him.


zmhtech
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September 20, 2017, 11:35:56 PM
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this is a great article, thanks for sharing
smartbitcoininvestor
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September 21, 2017, 12:01:02 AM
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Any dumb ol person can tell you to just HODL onto your Bitcoins. You could spend 5 minutes reading the forum here at http://Bitcointalk.org and realize it is a smart investment for now and the future.

Who knows how long it will take.... but it is almost an inevitability that Bitcoin will break the $25,000 barrier and go upwards into the six figures.
altcoinbeat
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September 21, 2017, 12:08:22 AM
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The fraud preventative properties of Bitcoin give it an intrinsic value that fiat currency doesn't provide. This alone will ensure that bitcoin continues to rise in value as we shift away from paper money to digital transactions. But as smartbitcoininvestor stated no one is sure how long it will take to get to $25k and beyond.
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September 21, 2017, 12:19:03 AM
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Tom Lee sticks to his prediction for Bitcoin despite China:

https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc

Tom Lee was the most accurate forecaster of the stock market for the past 6 years.  Let's see if he'll be right about Bitcoin.

Interesting that he was a former Managing Director at JP Morgan Chase.  Jamie Dimon must hate him.



This is a  good news. Based on Technical Analysis bitcoin price bounced on Fibonacci level 0.5 if the price breaks the 4500 mark then Tom Lee is correct  Grin

StockBet.com (OP)
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September 21, 2017, 12:30:42 AM
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Here's the video of Tom Lee explaining why he's so bullish on Bitcoin:

https://www.cnbc.com/video/2017/09/14/tom-lee-heres-why-bitcoin-will-hit-25000.html

This former JPMorgan Chase Managing Director even gave a middle finger to Jamie Dimon, when he said:

"Folks talking about Bitcoin being a...fraudulent currency, I think you need to be on the other side of that...strongly."



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