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Author Topic: [2019-05-03] Bitcoin Can Still Get To $100k A Piece – Bitcoin Permabull Max Keis  (Read 82 times)
ruthbabe
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May 16, 2019, 02:20:25 AM
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Bitcoin is looking good this month, and not just to the regular fans. Even influencers like Max Keiser have noticed the trend. Max has been one of the many people that have supported Bitcoin and have been bullish all through the troubles of the crypto winter. In fact, back in 2018 when Bitcoin wasn’t doing very well, Max was quoted as saying that the crypto would go on to achieve a target of $100,000 per coin.

It’s Bull Market

On Tuesday, during a recent interview with Kitco News, Max stuck to his guns, reiterating his 2018 bullish stance. According to him, all indicators right now point to a potential bull market for Bitcoin. And he does have a point, especially seeing as Bitcoin has gained by over 120% since the beginning of this year.

In May alone, Bitcoin added a cool $2,000 within a week. In fact, of the 120% Bitcoin growth in 2019, 83% has happened in April and May, with the current surge scoring the biggest. Going on, Max argued that the crypto’s full potential yet to be unleashed.

Warren Buffett Is So Wrong

While working up the drums for Bitcoin, Max grabbed the chance to throw a jab at non-coiners and Bitcoin pessimists like Warren Buffett. Just a short while ago, Buffet threw shade on Bitcoin, calling it “rat poison squared” and “a gambling device.” Bitcoiners like Max don’t seem to have taken that kindly.

In his argument, Max explained that people like Warren Buffett don’t have the brain power to understand the intricacies of the power of Bitcoin because they’re so used in their ways that they can’t adapt to new things. On that, Max isn’t alone. In 2018, Binance CEO Changpeng Zhao said people like Buffett are just too ignorant about cryptocurrencies.

Source: ZyCrypto
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May 16, 2019, 05:07:32 AM
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Bitcoin is looking good this month...

the price is recovering, if we remember that the price reached levels of $ 19,000 and for some time was above $ 10,000, so we can say that we are still at a low price in relation to $ 10,000.

Max was quoted as saying that the crypto would go on to achieve a target of $100,000 per coin.

$100,000 per coin?

I do not have a very big IQ and I'm sure I'm not super genius, but definitely $ 100,000 per coin is a very high and very exaggerated price. even if it were 5 years from now, we still would not reach the $ 100,000 per coin. it is time to stop being optimistic in exaggeration and make more realistic predictions

Warren Buffett Is So Wrong

just ignore what he says

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May 16, 2019, 05:40:14 AM
 #3

In the last 30 days alone, bitcoin grows 100%, last 7 days almost 35%, so all indicators point to a bull-run. Short term though we should look at $10,000 and then we can talk future price. We are still a year from the next block halving, the much anticipated catalyst to the next massive bull-run so it's still a long way to go. As for Warren statement, LOL, no need to throw jabs at him, what do you expect, he is and will be non-coiner, whether the price goes to $10 or $100,000.

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May 16, 2019, 06:03:06 AM
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Quote
Max explained that people like Warren Buffett don’t have the brain power to understand the intricacies of the power of Bitcoin because they’re so used in their ways that they can’t adapt to new things. On that, Max isn’t alone. In 2018, Binance CEO Changpeng Zhao said people like Buffett are just too ignorant about cryptocurrencies.

Bitcoin is here to stay ignoring all naysayers including the respected and successful old-school Warren Buffet. Bitcoin lovers all over the world are celebrating the ongoing climb and we usually ignore people who are getting the media attention for taunting bitcoin. These days, as we are entering another bitcoin bull run, people famous and not are again floating their extravagant predictions on what bitcoin can accomplish this time...they are optimistic that bitcoin can beyond the $10,000 achieved in 2017 and sir Max Keis is even putting it at $100,000 which to me can be an overstretch already but then again if this can come true I will not be complaining a bit.

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May 16, 2019, 10:29:41 AM
 #5

$100,000 per coin?

I do not have a very big IQ and I'm sure I'm not super genius, but definitely $ 100,000 per coin is a very high and very exaggerated price. even if it were 5 years from now, we still would not reach the $ 100,000 per coin. it is time to stop being optimistic in exaggeration and make more realistic predictions

I would not agree with your opinion, and there are several solid facts that give us the right to be optimistic regarding the price. First is that bitcoin is start from 0 ten years ago, and at one point it succeeded to reach $20k what many thought was impossible. Since we know now that $20k is possible, it is not hard to imagine only five times the increase of price from that level. It is only about money which is flow in bitcoin, now we talking about billions, but in the future it will certainly turn to trillions $.

Second fact is limited supply and investors know that, less supply and higher demand over the years will push price up. Big money is only wait for regulations in this sector, and they will start to invest sooner or later.

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May 16, 2019, 10:51:42 AM
Last edit: May 16, 2019, 11:45:27 PM by Carlton Banks
 #6

watch out everyone....

SNAAAAAAAAAAAAKE


Keiser is a snake. He tries his hardest to send all the "cypherpunk" signals, cites all the influential thought and thinkers, knows all the important events.


But when Bitcoin was under attack 2015-2017, his actions spoke louder than words. He constantly interviewed people that were either close to or part of the attack. He tried to act like he had some balance by interviewing people with different viewpoints to the attackers... except they were all worthless mouthpieces that aren't really doing anything in the industry.


Basically, only powerful attackers and pointless supporters of Bitcoin go on the Max Keiser TV show, and that tells you everything

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May 16, 2019, 01:17:04 PM
 #7

As for Warren statement, LOL, no need to throw jabs at him, what do you expect, he is and will be non-coiner, whether the price goes to $10 or $100,000.
People laugh at Warren Buffett, but he will laugh the hardest in the long run because of his stake in numerous institutions that are digging into the crypto space. The institutions entering the crypto space will very likely end up replacing most of the incompetent and shady exchanges, which is a good thing.

Basically, only powerful attackers and pointless supporters of Bitcoin go on the Max Keiser TV show, and that tells you everything
Doesn't surprise me. He has proven to be a shady and scummy person with his scam project MaxCoin. He literally dumped all his insta mined coins on innocent people, the fucker.

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May 16, 2019, 01:20:30 PM
 #8

Touching $100,000 may be possible during this bull run, maybe in the end of next year, although something like $60,000 is much more realistic. But if we go back to the previous bull runs, such high prices only exist for hours or days at best, so they are only short term opportunities and not long-term levels. IMO the more interesting stat is the price at the bottom, because it exists for months - even if something like $15,000 will be the next bottom, it would be a good indicator that Bitcoin keeps growing in the long run and not just having huge bubbles.

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May 16, 2019, 06:27:40 PM
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$100,000 per coin?

I do not have a very big IQ and I'm sure I'm not super genius, but definitely $ 100,000 per coin is a very high and very exaggerated price. even if it were 5 years from now, we still would not reach the $ 100,000 per coin. it is time to stop being optimistic in exaggeration and make more realistic predictions

during 2015-17, bitcoin rose 128x from the bottom to the top. if we repeated that move again, we're looking at a $400k valuation.

if one expects bitcoin's adoption and price trends to continue, betting on $100k in the next bubble actually seems quite low. i guess you think bitcoin has plateaued?

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May 16, 2019, 08:38:00 PM
 #10

Rat poison squared is highly amusing, only he could come up with that crazy terminology. The only thing that is going to be squared will be the price when bitcoin goes parabolic. Shares on the stock exchange will die like they have taken rat poison

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