Dare to take such gamble?

[Jody.Drummer]

Everyone must have their own analysis, and this includes the person who opened the bet within the 90 days. I'm going to talk about logic only even though it's a gamble. People who can afford to lose that much money, surely he is ready to lose or he can get the money he lost in a short time. As for us, especially me, I can't make 1 bitcoin in a short time, so I'll think again about taking the gamble. I'm just being realistic in responding to things like this, who wouldn't be tempted by that kind of money? but then again, who is ready to lose a lot of money too? I personally am not ready, because I don't have that much income in a short time, unless I have a large income and can collect 1 bitcoin in a short time.

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[Ultegra134]

Am I the only one who is a little infuriated and annoyed when I see so-called influencers and analysts making such extravagant predictions? Not only does it not yield any positive outcome for the community or the market, but it also may frustrate newbies. I don't doubt Bitcoin's capabilities, but claiming something so extreme is completely out of bounds. Anyway, his prediction is certainly not going to happen anytime soon, if at all.

[_BlackStar]

Will you dare take such a gamble if you have the money? 🤑🤑🤑

I hope he's not as serious as he says he is. Don't take it, he's probably fueling your desire to gamble, $1M is super hard in 90 days.
I don't know how much money has to flow into the market to get $1M worth of bitcoins, that's huge. Then I'll dream of buying a Lambo after that. LOL

Am I the only one who is a little infuriated and annoyed when I see so-called influencers and analysts making such extravagant predictions? Not only does it not yield any positive outcome for the community or the market, but it also may frustrate newbies. I don't doubt Bitcoin's capabilities, but claiming something so extreme is completely out of bounds. Anyway, his prediction is certainly not going to happen anytime soon, if at all.

The man is free to do so especially if he doesn't know where else to throw his money. Kinda crazy, super crazy even, but I think she's just having fun. No seriously, it's just a pre-April joke.

[Rasa nanas]

I can't believe bitcoin would reach 1 million USD in such a short amount of time, and I can't believe he actually placed that bet either.
I don't know what the purpose of him writing this kind of thing is. is it just a joke? this is not funny. gambling ? he better play on gambling sites. FOMO? very unreasonable.
what is clear is that I'm sure most people who see the writing don't believe in the writing either. and I also believe that he will not give the promised 2 million USD.

[ivankoh]

I don't know or understand anything about this guy.  With bets in the bitcoin race hitting such a monstrous price in just 90 days, I would first think about the hack of his account.  The current trend is optimistic but most of us understand that bitcoin is not in a bull cycle, meaning that the gains will correct continuously and despite the established market restructuring.  Bitcoin has amazing volatility but mostly I'm suspecting a lie/hack or a joke from him.

[bittraffic]

I can't believe bitcoin would reach 1 million USD in such a short amount of time, and I can't believe he actually placed that bet either.
I don't know what the purpose of him writing this kind of thing is. is it just a joke? this is not funny. gambling ? he better play on gambling sites. FOMO? very unreasonable.
what is clear is that I'm sure most people who see the writing don't believe in the writing either. and I also believe that he will not give the promised 2 million USD.

Part of me will believe BTC to be $1M actually. Maybe it will not be achieved in 90 days but longer like 10 years or so. It's just too fast that price will discourage people from buying BTC after it hit $500K.

If you watched the news these days about the banking crisis, it's getting worse where some economists are forecasting USD joining the Zimbabwe dollar. And this is besides countries dumping the dollar reserves. If this is all coming up together at once, hyperinflation comes.

[pooya87]

There is one possibility that could push US into a massive hyperinflation and the massive dump of US dollar followed by bitcoin price shooting up to the moon (over $1 million). That is if after US regime printed the trillions of dollars to bail out the banks that are collapsing one by one and tried to revive its economy with a high inflation, China strikes hard by dumping the massive amount of bonds they hold effectively burning the US economy to the ground in one swift blow.

[bettercrypto]

I believe that bitcoin will be 1M$ each, but not just in 90 days from now, though, yes the price value of bitcoin is volatile. Which can rise quickly and can also fall quickly. That's why there is still risk in investing here.

       But anyway, that's his prediction and all of us can give a prediction on the value of bitcoin and there's nothing wrong if we do it. Even if what he said happens, everyone who holds bitcoins will win, that's just how easy it is to accept.

[Mpamaegbu]

He put up a gamble worth of 2million USD, open to anyone who doesn't believe that Bitcoin will reach 1 million dollars 💰💰💰 in 90days,

Expecting Bitcoin to hit $1 million in the next 90 days is hoping too much and stretching one's imagination too far. For me, it will even be a surprise if Bitcoin gets to $200k in the next bull rally to beat its current ATH which is $68k+. I know such FOMO is good for price expectation but that's not the right way to go about it.

*My question for you*

Will you dare take such a gamble if you have the money? 🤑🤑🤑

That's a one sided and handicapped bet. I said that because we know (or I should think we all know) that price won't ever get there in 90 days. So, why indulge the bet?

[fullhdpixel]

This is a gamble and anyone who is able to provide 1 bitcoin or can afford to lose a bitcoin can engage himself with the game. I so much love such game being that within 90 days bitcoin will get to a million dollar. Now what is the certainty of that to happen is what we can't still unveil till date but could it be this might be the cause of SVB effects?

90 days is 3 months time, and the predicted amount is way way too far from the current btc rate. maybe, he knows no one will take the bait so he is bold in giving such dare. we all know, that's not gonna happen. wonder what he will do afterwards if this prediction won't happen? maybe, he will say he's just joking or of that effect.
even if i have the money, i will just buy my btc on my own and won't play with his game. if he is very sure of what will happen, then, he should be buying lots of BTCs by now. he doesn't need anyone to be in his little game.

I don't think 3 months is that far but if were too speculate, 3 months may only add $30k or more in the price of BTC but there is no way it can exceed to $100k. So 1 million USD for BTC in 90 days is kinda impossible. If he thinks no one will take the bait, well he was wrong and as we can see in the pic provided by the OP, there is one guy already who gladly take the challenge and they are now looking forward on how they can make this possible.

I bet the guy who promoted this was shaking in fear now and maybe he will announce that he is backing out. Waiting for 90 days and say that it was only just a joke is going to cause him a big trouble.

[adaseb]

There were tons and tons of people that wanted to take that bet if you read his twitter replies. Whether or not he actually put $2M hasn't been confirmed yet.

This bet doesn't make sense because you can just buy $100K Bitcoin options for much much less. And the opposite side of the better, he can just buy 1 BTC when he takes the bet and he will be hedged perfectly.

He did this to generate interest and make people scared of hyperinflation and get people to sell all their assets and buy bitcoin. He most likely is long spot bitcoin and wants to pump bitcoin and sell in the $30-40K range.

[GeorgeJohn]

This is a gamble and anyone who is able to provide 1 bitcoin or can afford to lose a bitcoin can engage himself with the game. I so much love such game being that within 90 days bitcoin will get to a million dollar. Now what is the certainty of that to happen is what we can't still unveil till date but could it be this might be the cause of SVB effects?

As you stated that it's a gambling, but from my perspective I did not get it that way, venturing into this kind gambling that means you have to know it too well from my observations, but from other perspective I seems it as scam because I know that this kind of gambling doesn't result out good.

[blockman]

I wouldn't take the bet but I'd be watching the bet whoever takes it. Whether it goes $1M or not, I'd just be happy to witness and see that it has happened.
I've seen too many speculators and popular ones that have never exactly hit the predictions that they've made even with bets. We all know that it has started with *RIP - John McAfee and then the rest follows. But if Balaji really knows what he's saying or this isn't just all about the hype and exposure for bitcoin through this bet then good luck to him and we're all gonna be beneficiaries if it happens in 90 days. Honestly, I've just taken a peek on his Twitter account and there are a lot of insightful things about what's happening in the banks and US markets that he's sharing about.

[serjent05]

I can't believe bitcoin would reach 1 million USD in such a short amount of time, and I can't believe he actually placed that bet either.
I don't know what the purpose of him writing this kind of thing is. is it just a joke? this is not funny. gambling ? he better play on gambling sites. FOMO? very unreasonable.
what is clear is that I'm sure most people who see the writing don't believe in the writing either. and I also believe that he will not give the promised 2 million USD.

Part of me will believe BTC to be $1M actually. Maybe it will not be achieved in 90 days but longer like 10 years or so. It's just too fast that price will discourage people from buying BTC after it hit $500K.

I also think Bitcoin price will reach $1m but not this within 90 days.  I think betting against Balaji Srinivasan is a sure win.  That is almost a free 1m USDC.

If you watched the news these days about the banking crisis, it's getting worse where some economists are forecasting USD joining the Zimbabwe dollar. And this is besides countries dumping the dollar reserves. If this is all coming up together at once, hyperinflation comes.

I do not think that this problem with banks and hyperinflation is strong enough to push the price of Bitcoin to $1m in 90 days.  It would be if no one sells and just hodl their BTC and let the demands pile up, But people are keen to profit so whether we wanted all the holder to hodl and wait for BTC to reach $1m, there will always this individual that will sell their BTC whenever he saw profit.

[dunfida]

*My question for you*

Will you dare take such a gamble if you have the money? 🤑🤑🤑

If i would be having that $2M to bet.
I would definitely going against Balaji and would really be having that counter bet on what he's trying to prove out on here. Even us Bitcoin community or supporters doesnt really believe
about this unrealistic approach.Yes, who doesnt really like on having 1m/coin ? All of us do wants to see but to mind off realistically on how it behaves or moves or even other
considerations like marketcaps or anything attached to it then it is really that impossible for us to reach in just 90 days which i could say this man would become
that McAfee 2.0. hahaha

[Kelvinid]

Well, a crypto guru can just predict what possibly come next but never know what exactly happens. They are a lot of people proclaiming themselves as a guru but guess what, they are making more out of their speculations to innocent people. Come to think that if they really can see what will happen a few days from now, I would think they are very rich and have no need to come to this bet just to lift their reputation and name. Instead, they keep on silent and trade. But they are doing this to try to trick people and to think we should have to gamble for this? I'd rather keep my 1BTC rather than do this as what if he never pays you if he loses? Can imagine the risk, lol.

[GreatArkansas]

At first, I really find the target unbelievable because as you can see, it seems it's like a joke, and if you calculate the price target of this guy, it's $1m. It's a very huge number.
But the explanation of this guy is fantastic and I became curious about it. What's my take on his prediction is maybe his price target of him will not achieve in 3 months, but it will be achieved in some period of time and the reason is he is right.
This is the best prediction, there is a basis and explanation.

[LittleBitFunny]

I'm not going to do it because it's too risky, even though I know that the price of bitcoin could reach 1 million dollars. But still, I take the risk to buy 1 BTC and keep it till 90 days later. I'd rather stick to DCA in buying bitcoin than buy outright and go along with the betting.

Maybe he could be right with his prediction but also wrong. But maybe some people will follow the bet by buying 1 BTC outright. I'm curious about who is willing to take the risk to buy 1 BTC outright and how it will turn out.

Bitcoin price may hit $1 million, but not within 90 days from now, I confidently say his prediction is wrong. I suspect that what he is doing is to attract others, to turn himself into a market influencer for his own gain, as many others have done. I don't have enough money to bet but I believe many people will bet if what he says is true. It can be said that if someone bets with him, there won't be any risk, as $1 million per bitcoin this year will never happen.

[adaseb]

The reason why he is choosing $1M because he wants some new retail trader to read this and figure he might be correct and they will dump all their savings into Bitcoin and it’ll go up a bit before heading back down.

It’s no different than people thinking doge will go to $5 or $10 or so. People saw it was $0.50 and figured it would hit $5 at least because it’s a low number and they would 10x their money. However they had no idea how large the market cap would need to be to achieve that.

[wxa7115]

I was scrolling my page on Twitter as usual and I saw this post from a crypto guru, I don't know him but many people do say he knows how the market works. He put up a gamble worth of 2million USD, open to anyone who doesn't believe that Bitcoin will reach 1 million dollars 💰💰💰 in 90days, with the way he has been right with past predictions, this thread is making some noise on Twitter, but honestly, I found this prediction to be impossible, maybe I don't see what makes him believe that this is possible.


*My question for you*

Will you dare take such a gamble if you have the money? 🤑🤑🤑

If I had the money to risk a single bitcoin on just one bet I will take it, but that is a lot of money, and even if I think the chances of bitcoin reaching one million dollars in just 90 days are very low, we must never become overconfident about the chances of winning a bet like this.

After all there are many examples of people that took bets that seemed completely impossible to lose and yet that is exactly what happened to them.