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Author Topic: Dare to take such gamble?  (Read 578 times)
DanWalker
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March 30, 2023, 08:43:41 AM
 #81

Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.

The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.

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March 30, 2023, 03:30:24 PM
 #82

I would definitely take if it was hundred thousand, but I think is way too son for  this number. maybe next year though, anyway we should expect a bull run soon.
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March 30, 2023, 04:34:34 PM
 #83

Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.

The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.

don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say. Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately. There will be many factors that influence why it can't reach a new ATH or $ 1 million

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March 30, 2023, 07:02:01 PM
 #84

*My question for you*

Will you dare take such a gamble if you have the money ?
Maybe, if I speculate with a value of $ 2 million, in the near future it will be legal what @balajis is doing, I might have the courage to do it, provided that $ 2 million is not borrowed money or someone else's.

I once made a speculation referring to a short investment within 100 days, but my capital was not as big as @balajis's, my speculation was that the Bitcoin price had decreased, but I don't focus on fundamental speculation, I tend to focus on price movements within 100 days, but I did it successfully.

At that time I focused on the Bitcoin price of $ 20k when the Bitcoin price moved at a value of $ 23k I did not sell, because my capital was small, maybe if I had capital like @balajis it was quite clear that the profit was on my side with $ 2 million in capital at that time Bitcoin only $20k, of course I pocketed 100 Btc, of course I have won $ 300k profit, with the value I bet in Bitcoin, of course I dare to do that.

R


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March 30, 2023, 09:20:02 PM
 #85

Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.

The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.

don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say.

It is commonly speculated by those who follow bitcoin's 4-year cycle that ATH will be after halving, possibly in span of 1 year after the halving event happens.  More or less it would be on or before 2025.  And the year 2025 needs way more than 90 days to reach.  Grin


Quote
Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately.

If you watch how Technical analyst predicts prices, they always have this "if" statement and need certain conditions to be able to release a statement.  They always provide at least two way path( up or down) for BTC (the third one is sideway) since they know that the market is ever-changing.  So by that statement, price cannot be predict accurately because of the variable factor and there are too many of it in the market.


Quote
There will be many factors that influence why it can't reach a new ATH or $ 1 million

There are only some factors, supply and demand, adoption, and government regulations.  if the government goes along with massive adoption and huge demand, it can easily overweight the supply which can cause a massive surge to Bitcoin price.

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Fatunad
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March 30, 2023, 09:43:28 PM
 #86

Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.

The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.

don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say. Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately. There will be many factors that influence why it can't reach a new ATH or $ 1 million
And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.

R


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March 30, 2023, 10:22:19 PM
 #87

Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.

The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.

don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say. Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately. There will be many factors that influence why it can't reach a new ATH or $ 1 million
And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said that

how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone

who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.

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March 31, 2023, 12:11:11 PM
 #88


For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said that

how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone

who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.

As many have said, what he's doing is just trying to get noticed and find a way to become more famous. He won't have to worry about paying anyone because he's not stupid enough to accept a bet with someone even though he's the initiator. I know that anything can happen, but this is complete nonsense, complete bullshit if we take it seriously. I believe the next bull season also does not guarantee bitcoin to hit $500k, let alone $1 million, in such a short period.

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April 01, 2023, 01:54:20 AM
 #89

I was very surprised to see this news. Balaji tweeted on his official twitter that he bet $2M USDC. And predicts Bitcoin will hit $1M within 90 days. But hearing this news, everyone feels that it will never be possible. And I also think it is absolutely impossible for Bitcoin to reach $1M in this short time. But it takes a long time for bitcoin to reach $1M and I believe that after 10 years there is a possibility that bitcoin will reach $1M.

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April 01, 2023, 10:02:23 PM
 #90

This is a most do for anyone who has the money to buy a whole unit of Bitcoin, even though if not for the speculation of the 2 million dollar price,  BTC will still offer a profitable asset to hold for long term base even beyond the speculated 90 days ops predictions.

-I guess we will have some steel hands investors would have taken advantage of this bet by acquiring 1 extra unit of Bitcoin.
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April 02, 2023, 05:49:34 PM
 #91

And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said that

how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone

who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
Do you really think that he will be worried at all? He wouldn't, even if he has to pay the money, it wouldn't bother him much, besides, we don't know if anyone has accepted that and did what he asked for, and if someone did, how would we know that the guy standing against him isn't someone he has asked to do so only for the public to see?

It all could also be a tactic to create some hype and pump the price of Bitcoin a little bit, but we can't really know. What he predicted, even if his prediction turns out to be just 10% true, we should still be good, lol.

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April 02, 2023, 08:42:32 PM
 #92

And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said that

how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone

who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
Do you really think that he will be worried at all? He wouldn't, even if he has to pay the money, it wouldn't bother him much, besides, we don't know if anyone has accepted that and did what he asked for, and if someone did, how would we know that the guy standing against him isn't someone he has asked to do so only for the public to see?

It all could also be a tactic to create some hype and pump the price of Bitcoin a little bit, but we can't really know. What he predicted, even if his prediction turns out to be just 10% true, we should still be good, lol.
Well, if he could really make out that kind of bet or that certain amount then for sure its not an all in type of bet but i do agree into the fact that this is really just some sort of boosting up his popularity
and just trying to get more attention by having this extreme positive approach towards Bitcoins price in 90 days but definitely he would lose on this one.This is for sure because we cant really be able to
shoot up that fast considering that we've been struggling on breaking up points.How much more on a million per coin? Im not saying its not possible but it wouldnt really be a short time.
It might not even happen in our lifetime if ever we do talk about million per coin.Sometimes hearing off these things do really makes me irk...  Cool

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April 04, 2023, 02:39:15 PM
 #93

Sometimes the world is strange, many people do crazy things but they like it, and if we pay attention since bitcoin is getting more popular then many people make bets with price predictions, even I have gambled on a site that only guesses whether the price will go up or down within 1 hour up to 1 month.


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