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Author Topic: Bitcoin will increase to $100,000 says expert  (Read 1872 times)
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November 18, 2017, 10:37:38 AM
 #1

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/

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November 18, 2017, 11:22:09 AM
 #2

This is bullshit.  He either does not know what deflation is or is trying to mislead the public:
I can buy ten times more Lamborghinis this year than I could last year with the same amount of bitcoin.  The US dollar is an inflating asset. There are trillions more of them every year. The amount I need to buy a Lamborghini keeps going up, not down.
He refers to the fact that the US dollar supply increases (which it does) while not mentioning that the Bitcoin supply is actually increasing as well.

Sure, dollars' inflation rate can be changed and the expected supply can be changed, but it's not like the supply of Bitcoin has decreased by a multiple of ten since last year.

This is classic bubble euphoria.  It's hilarious how he chose to mention lamborghinis as the example product to buy.
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November 18, 2017, 11:29:36 AM
Last edit: January 06, 2021, 04:15:12 PM by Renampun
 #3

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
I appreciate his thoughts but does that really happen...
what if governments around the world give legitimacy to Bitcoin on one condition. Bitcoin prices cannot exceed those they charge.



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November 18, 2017, 11:33:37 AM
 #4

btc became more and more popular with everyday

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November 18, 2017, 11:36:11 AM
 #5

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/

I think your statements says it all that bitcoin can not be ignored and it will keep rising in the one direction and that is upwards! Bitcoin cash, yes will never cash the bitcoin and its not even worth it to stay in the crypto community after seeing the fake pumps recently.

The price speculation for the bitcoin has always been very high and I think its always high enough for the whole community because day by day more investors are coming into market and investing the money on bitcoin.

Each time a news made about the bitcoin will get it higher status and then it goes upward, this trend will continue forever and until the 100K is reached we might see whole new era of the bitcoin. Where a satoshi would be worth 100 dollars. Man that is just cool to think about.
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November 18, 2017, 11:57:03 AM
Last edit: June 24, 2020, 09:49:30 AM by Exclusers
 #6

it is so hard to be 100,000 in next 10 years but price will incrase more than 10,000 $ in future
about other altcoins yes bitcoin will destroy most of them, this does not mean that we will only see the Bitcoin.
Some cryptocurrencies will hold up and many of them will end.
Those currencies that may hold up may rise higher than btc.
I expect to keep these currencies eth, ripple, dash, zcash, monero, IOSA, and other 5 cryptocurrency.
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November 18, 2017, 12:16:09 PM
 #7

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
this is stupid. Either he wants to create more hype around Bitcoin or he doesn't know how volatile btc coin really is. Governments and central banks will not allow the public to have absurd amounts of money in a decentralized system with no regulations. Even people in the crypto community are very cautious to even talk about 50k, and this guy is already talking about 100k? please.

about the top 20 coins, i'm not sure what he means, if we're talking about an altcoin not getting too much attention in the crypto market and will eventually dissapear, then no, even those unknown coins at the bottom of the top 50 still have a chance to break the market since investors are always looking for an opportunity to invest and wait for the long-term to gain profit.
If he means only the top 20 have a chance to be accepted a lot more within the cryptocurrency community, and therefore, outside the market (accepted as payment, for instance) then yes, he's probably right.

Quote from:
I can buy ten times more Lamborghinis this year than I could last year with the same amount of bitcoin.
he definitely lurks the Wall Observer thread. That explains everything.

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November 18, 2017, 12:20:28 PM
 #8

This is bullshit.  He either does not know what deflation is or is trying to mislead the public:
I can buy ten times more Lamborghinis this year than I could last year with the same amount of bitcoin.  The US dollar is an inflating asset. There are trillions more of them every year. The amount I need to buy a Lamborghini keeps going up, not down.
He refers to the fact that the US dollar supply increases (which it does) while not mentioning that the Bitcoin supply is actually increasing as well.

Sure, dollars' inflation rate can be changed and the expected supply can be changed, but it's not like the supply of Bitcoin has decreased by a multiple of ten since last year.

This is classic bubble euphoria.  It's hilarious how he chose to mention lamborghinis as the example product to buy.

I honestly don't understand your point.
bitcoin supply is not exactly increasing, the max supply is the important thing and that is fixed and will most probably remain always fixed at 21 million.
at the same time (since we are comparing US dollar) there is no max to dollar supply, there is a finite amount of it available but it increases from time to time as the US government prints more of it any time they want. and there are currently 13,600 billion dollar supply.

with bitcoin you can not do that. the same 21 million is being "distributed" now at a slow pace.

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November 18, 2017, 12:36:20 PM
 #9

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/

I'm more concern about the "top 20 coins will remain stable" statement. Which are those 20 coins that will be on the top 20 list?

Talking about the Bitcoin's price - it would be easy for it to reach $10K, but it might be take even longer time for it to cross $100K.

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November 18, 2017, 01:08:01 PM
 #10

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/

I'm more concern about the "top 20 coins will remain stable" statement. Which are those 20 coins that will be on the top 20 list?

Talking about the Bitcoin's price - it would be easy for it to reach $10K, but it might be take even longer time for it to cross $100K.

Nothing wrong with dreaming that high for holders lol. Though if you look at it, just this year btc price went from 1k to 8k and we still have a month to go. 100k may be a bit too dreamy. For the top 20coins, it probably would be the same today for the top 5 or 10 starting with the regulars like etherium

 
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November 18, 2017, 01:21:11 PM
 #11

Expert said bitcoin is bubble, expert said bitcoin will go to moon, expert said bitcoin is fraud, expert said bitcoin blabla.
I am sick of this news coming from so called "bitcoin experts", highly speculative and guessing news with only one purpose - to make people buy or sell bitcoins so they can earn. This is my opinion on them.
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November 18, 2017, 01:29:27 PM
 #12

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
I appreciate his thoughts, but does that really happen, what if governments around the world give legitimacy to Bitcoin on one condition,
Bitcoin prices cannot exceed those they charge... Huh
That is the actual dilemma. The government loves one word, and that is "CONTROL". That is not far from impossible in my opinion, they can actually agree or legalize the acceptance of bitcoins in a certain place as long as the price will only limit to 3x their fiat price. Hmmm... why don't they just tether their money in the first place?  Grin
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November 18, 2017, 01:31:25 PM
 #13

I believe it will go up quite a lot more. For him to claim only 20 coins will survive is just bologne though.
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November 18, 2017, 01:38:26 PM
 #14

Anyone can say that. But it's hard to see the reasons why Bitcoin could hit that price? I have heard a lot of that kind statements before. Bitcoin will hit $20k blah blah. All i can say is, get use to that. Still many things like that that you'll encounter in the future. Anyway, that's good know. People are very optimistic about Bitcoin. $100k a piece is too much. It can't even reach $10k. But who knows? Only time can tell what will happen to Bitcoin after years. But remember, other governments are trying to slow down the progress of Bitcoin.

Quote
As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

There's no such thing as stable in cryptocurrencies. Any at the top 20 can still be replaced by a better altcoin in the future. So i disagree about his statement.
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November 18, 2017, 01:40:58 PM
 #15

I think sooner or later the bitcoin will reach $ 100000 and beyond. I really believe in the future of bitcoin. Due to the limited quantity that bitcoin will keep increasing daily value.
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November 18, 2017, 01:48:22 PM
 #16

Of course! bitcoin will cost more than $ 10,000 but at the moment more people are needed who will be attracted to this topic, when the psychological barrier in 10,000 is broken, the price will go up!
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November 18, 2017, 01:52:18 PM
 #17

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
$100k is possible but there is no guarantee when it will reach that point, if there will be something in future that can destroy bitcoin network than bitcoin can also be worthless.

20 coins or around 50 coins with high marketcap might only survive, I agree on that.

BItcoin cash is just another altcoin and its price is heavily manipulated by few supporters for quick profit.

 
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ujjwalsethi
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November 18, 2017, 01:56:08 PM
 #18

Yes this is rightly said that bitcoin will increase to $100,000 as it is already showing a great increase day by day. We all can see this by the market value of the bitcoins daily. So I will suggest all to go and invest in bitcoins which will give a huge profit afterwards.

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November 18, 2017, 02:05:17 PM
 #19

As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.

Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.

see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
I am really not sure about that. That's a huge value for a currency knowing that Bitcoin in the first plac3 is a currency, a digital currency. I think its market value won't increase as that much since we don't know until when will the increase on its value will continue or last. I am expecting that its market value will be more expensive in the future but I don't really feel that it will reach as that much.

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November 18, 2017, 02:14:07 PM
 #20

There is no doubt that Bitcoin always go up in the future. However $100,000 is a big number, I dont think Bitcoin can reach that target.
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