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Author Topic: [BREAKING NEWS]: Wall Street Predicting Bitcoin To Hit $55,000 In 5 Years  (Read 5127 times)
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July 07, 2017, 07:56:09 PM
 #1

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...


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July 07, 2017, 08:29:10 PM
 #2

It's 12,000 - 55,000 per bitcoin, we hope that it will happen because we all know fiat value can decrease if government decided to print more of it
And "A simulation shows that this will slow even further to less than 1.5% growth by ~2020, meaning bitcoin supply will grow even slower than gold"
If the demand become high it will make bitcoin price higher and higher
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July 07, 2017, 08:30:03 PM
 #3

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.c[Suspicious link removed]m/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Great news,i can se the possibility,with major nations accepting bitcoin....this is will happen in a short while....

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July 07, 2017, 08:37:34 PM
 #4

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.c[Suspicious link removed]m/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Great news,i can se the possibility,with major nations accepting bitcoin....this is will happen in a short while....
Wow that's very awesome!I can sense it from the start that bitcoin will hit a very huge amount soon.And that is happening today.We must be so lucky to have bitcoin in us.

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July 07, 2017, 08:43:29 PM
 #5

If you could stop to use  [BREAKING NEWS] in every topic title you create, it will be very appreciated. It's misleading because there is nothing breaking news, and it is very boring for others people. All news you post in this forum are breaking news, while there is nothing special

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July 07, 2017, 08:48:44 PM
 #6

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...
Ok, time to start to put some BTC in a safe place... Grin
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July 07, 2017, 08:59:27 PM
 #7

The news is too good to be true. Five years is not a big time and we will see it happen. But this is just a prediction based on some studys and predictions may go wrong. Although it's true that most of us wish to see this prediction turning into reality.
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July 07, 2017, 09:09:47 PM
 #8

I believe it can be true, maybe BTC can hit that price in less than 5 years... This prediction is also good to bring confidence to the investors and the price may rise faster and harder.
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July 07, 2017, 09:16:18 PM
 #9

Dollar is already dead because of the pensions.



Source : https://www.bloomberg.com/graphics/2017-state-pension-funding-ratios/


They don't have choice : they must print to fund pensions ... in the future.
And the speed of printing (because all central bank print now) is the key.
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July 07, 2017, 09:33:47 PM
 #10

...

Meuh6879, vous avez une Private Message!

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There is so much debt in the world that it is hard to say who will break first: USA, Europe, China or Japan.  The numbers are to some degree LIES, and there is little that we can do to really KNOW.

Re your graphic, it is well understood by Americans paying attention that Illinois, Connecticut, California and some others have massive financial problems at the state level.

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O/P

$55,000 is the price per ounce of gold that would eventually reach that top gold analyst(yet relatively anonymous) "FOFOA" stated in 2009 or so.  Wow!  $55,000 gold, and $55,000 BTC!  Whee!!!
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July 07, 2017, 09:37:17 PM
 #11

maybe 55.000 maybe 0(zero) which one? if alternative quantum theories story on futures happen now. Grin
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July 07, 2017, 10:15:24 PM
 #12

maybe 55.000 maybe 0(zero) which one? if alternative quantum theories story on futures happen now. Grin
You are making zero 0 (zilch) none sense just shut your face Cheesy

I believe it so, if altcoins wanted and if they could compete with bitcoin we should be seeing at least a coin with at least 40% of bitcoin price then we could call it the competition, but look at all of these miserable pump and dump coins with people only losing on them big time while a few so called smart ones are just earning the most profits from poor people losing big time.
Bitcoin is the leader the king and will remain the same as long as we want it to, so having that kind of price is not out of reach.
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July 08, 2017, 01:45:18 AM
 #13

I remember reading several years ago, before I even joined this forum, several top strategists had predicted a 44000$ coin. So this figure isn't far off. I firmly believe in this possibility.


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July 08, 2017, 01:52:13 AM
 #14

That's a very big price. I feel happy, because at that price it's really impossible to afford it. So I'll try the best through the different earning chances to have few bitcoins into my wallet which gives a promised growth in my life after years.

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July 08, 2017, 02:00:23 AM
 #15

Wow that's a great new? o prediction. hopefully it will happen.. How about this year no prediction on what will happen on August 1?

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July 08, 2017, 02:02:02 AM
 #16

The news is too good to be true. Five years is not a big time and we will see it happen. But this is just a prediction based on some studys and predictions may go wrong. Although it's true that most of us wish to see this prediction turning into reality.
In fact the article gave a range of 20000 to 55000 so the title of the thread is a little misleading, but even the lowest prediction is very good since that will mean that we will earn close to eight times our current investment in just five years, that will be fantastic and nothing except altcoins will come close to getting that amount of growth in that time frame.
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July 08, 2017, 02:07:20 AM
 #17

Wow that's a great new? o prediction. hopefully it will happen.. How about this year no prediction on what will happen on August 1?

Segwit integration.? More than 80% of the support is for segwit so fees will get down and transactions will be faster after August 1.
I think 20-55k is little odd term but I do believe that Bitcoin will grow and as the countries adapting it the value will definitely rise.


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July 08, 2017, 02:09:10 AM
 #18

That's too much exclamation. "Breaking News". Stop it bruh. Your just fooling yourself. Bitcoin is not moving right now. We don't even $3,000 mark. You think bitcoin could pump that high? I don't think so. That takes a miracle to pump that high or a global adoption to make it happen.

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digaran
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July 08, 2017, 04:35:19 AM
 #19

But I heard a different story told by digaran, $50,000 in 50 years possible, as posters above me are already bitching about this high price and we can see some of the capital flying to other crypto currencies, people have already gave up on Bitcoin not because it's bad or slow or fees are high, because they can't just mine or trade it as easy as they do with alts, more Bitcoin goes up the more alts attract people towards themselves, but we will see such prices in our life time.
Juggy777
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July 08, 2017, 04:49:14 AM
 #20

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Just one question what is the author of this article high on weed, meth etc? This days people just want to get high and enjoy the popularity of Bitcoins. I think this is the quite high exaggeration at its best. I will be happy if it goes but then I feel it's highly doubtfull I think he may be written 5500 and added one zero by mistake that's what I can infer so far, let's see what others have to say.

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