Michael Saylor predicts Bitcoin can go to $5 million?

[bbc.reporter]

This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.



BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.

Source https://twitter.com/bitcoinlfgo/status/1700981076389413281

[michellee]

Bitcoin can reach any price, depending on what someone says. But the problem is, we won't know when that will be achieved. And like other speculators, Michael Saylor isn't saying when that will happen because he doesn't know for sure either.

And after the halving, more and more people will say their predictions about the high price of Bitcoin. They want to prove that their predictions are correct to use the situation to gain more followers.

For this end of the year, we may already hear predictions of what the price of Bitcoin will be for the end of the year and we just have to look and wait at it. Bitcoin may end up at $ 30k- $ 40k for the end of the year or it could be higher than that price or even lower. And with the decline this time, it has already panicked people.

[CryptoBuds]

The future is unpredictable and anyone can make predictions about bitcoin. Why are we constantly concerned with other people's predictions when we can do it ourselves? We're investing with the little money we make, so I think the more realistic we are, the safer things will be. Instead of waiting and hoping that bitcoin will hit $1 million, $5 million or $100 million. I expect bitcoin to surpass $100k or $150k in the next bull cycle, and making higher predictions requires a specific assessment of the market situation. I don't see any point in making such delusional predictions.

[adaseb]

Crazy bold move of him to predict when we are in a bear market and his average is not even at break even. His predictions reminds me of MCAfee prediction by bitcoin going to a $1M or so.

Can it go to $5M. Sure it’s possible however it won’t be anytime soon. We got a nasty recession ahead of us and nobody will be buying digital assets or stocks with inflation so high.

[yhiaali3]

It is unlikely that Michael Saylor said that he expected the value of Bitcoin to reach $5 million. This is a very exaggerated number and far from reality. It may happen, but not for decades.

But in any case, if the news is true, perhaps Michael Saylor is deliberately saying this to give some optimism and boost the price of Bitcoin at this downward time. These fiery statements give optimism to investors in the long term, especially if they are from influential figures in the world of Bitcoin.

[Don Pedro Dinero]

Well, it's not the first prediction he's made in that style, it's in his line. As the tweet contains no text, I searched and only saw a news item from a year and a half ago with the same headline.

Bitcoin Could Surge $5 Million, ‘Screaming Signal’ To Buy, Says MicroStrategy CEO

He is too bullish for my taste. He says that bitcoin is going to acquire practically all the market cap of other financial assets, first gold, then bonds, and even the real state investment market. I don't know, he went from not believing in bitcoin to believing that bitcoin is like God's creation. I don't think so much or so little.

[mk4]

Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.

If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.

[hugeblack]

Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.

As long as excessive optimism continues, this means that we are still in a bear market. Once the positive news disappears and the negative news and panic rise, it will be the beginning of a long road to $32k, to $38k, to $41k, to $56k, and so on.

At the present time, Bitcoin is struggling to maintain the level of $25k, which if it is broken, I do not think that we will see the beginning of the upward path during this year, let alone reaching $5 million for Bitcoin, which requires the price to be about $90 trillion (larger than stocks, gold, and  US public debt)

[benalexis12]

The big question there is: when will Bitcoin be $5Millions each? We know it can happen, but when? We know that Michael Saylor is a billionaire and an influential businessman, but he didn't say that this is what will happen. It's too good to be true, but if in 2021 the ATH reached by Bitcoin is around 69k each within 11 years, how about 5M each? How many more decades will we have to wait for that to happen? Can we catch up with what Michael Saylor is saying?

[EarnOnVictor]

Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.[/i]

This could freak out those who are shallow-minded but not the wise and the informed. There is no metric or historical happening that could predict the price of Bitcoin as far as $5,000,000. This is mere propaganda unless he's a spirit being that I don't know of.

Frankly, Bitcoin like any other asset could reach any price, but calling that huge 6 figures is hilarious. At times, these people are doing this to gain more attention and relevance in a particular industry, and thanks to people who often buy such unforeseen events that just come to the head of the issuers.

This prediction is worthless, but for Bitcoin, it will always be progressive in the long run.

[rat03gopoh]

I just saw a big whale who feels threatened (again and always) with his portfolio. Is there any bad news ahead?
But seriously, that's just speculation which is really far from hope, not sure who among us will get the opportunity to sell the bitcoins own today at that price.

[peter0425]

This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.



BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.

Source https://twitter.com/bitcoinlfgo/status/1700981076389413281

Am not sure what to say , if will support nor deny that prediction
but what I believe is that bitcoin is unstoppable and will increase more and more time.
but surely not that high in the sooner time , we cannot even predict 1m for the net halving, what more that x5 .

I just saw a big whale who feels threatened (again and always) with his portfolio. Is there any bad news ahead?
But seriously, that's just speculation which is really far from hope, not sure who among us will get the opportunity to sell the bitcoins own today at that price.

exactly , just speculation and not assuring anything .

[Nrcewker]

Yes anything and everything can happen with Bitcoins. Few years back no one expected Bitcoins to cross 1000$. But yes we are now enjoying Bitcoins at 69k usd ATH price. So yes I won’t mind with the prediction. Bitcoins have the capacity to become one of the expensive digital assets. It won’t take long time to be honest. As day by day we are seeing the demand to acquire Bitcoins among the masses is increasing. So soon we might see Bitcoins touching millions.

[eightdots]

Yes anything and everything can happen with Bitcoins. Few years back no one expected Bitcoins to cross 1000$. But yes we are now enjoying Bitcoins at 69k usd ATH price. So yes I won’t mind with the prediction. Bitcoins have the capacity to become one of the expensive digital assets. It won’t take long time to be honest. As day by day we are seeing the demand to acquire Bitcoins among the masses is increasing. So soon we might see Bitcoins touching millions.

I believe the value of Bitcoin will rise very high. Over time, many governments and institutions will diversify their investments by purchasing Bitcoin. I predict that these will happen and we all follow the development of Bitcoin from past to present. We feel that what we say is not a dream.

What I really want to say is that we need to be careful when investing in this journey of Bitcoin. That is, after you invest, the price may decrease and continue like this for a while. We need to get used to this and this situation should not affect us negatively spiritually. We have all witnessed how the price of Bitcoin has risen. When the time comes, the price will rise again. We must learn to be patient. If investing wears you out, you should give up if necessary.

It would not be a surprise to see Bitcoin reach millions. If we know how to wait as long as necessary, we can see a lot of things in the Bitcoin market.

[Wind_FURY]

Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.

If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.

Although true, it would still be laughable to compare the Chad Saylor with John McAfee, no? Chad Saylor made one of the largest investments in Bitcoin, and therefore people can't touch him no matter how hard those people laugh at him. John McAfee is a mere snake-oil salesman who used his popularity to shill shitcoins.

[348Judah]

BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.

It they said this is coming from Michael Saylor I won't be surprised because he's a public figure who had always been saying alot about bitcoin on the social media, this is not his first time neither will it be the last, he's such a believer of bitcoin and an investor who believed bitcoin can achieve any maximum height in value, truly this is possible but when will it happen is what remains unknown to us, if bitcoin can start from as low as less than one dollar to where it is now, there's nothing not possible for it to get to that rate considering massive adoption on a daily basis.

[LoyceMobile]

The real question is: by the time a Bitcoin is worth 5 million bucks, how much will groceries be? There's no point in measuring Bitcoin's value far in the future in inflationary money.

If you would have told someone 50 years ago his house would be worth a million bucks, he would not have believed you. By the same logic, you can tell him his house will some day be worth 50 million bucks.

Long story short: measure in purchasing power, not in dollars.

[Lucius]

Although true, it would still be laughable to compare the Chad Saylor with John McAfee, no? Chad Saylor made one of the largest investments in Bitcoin, and therefore people can't touch him no matter how hard those people laugh at him. John McAfee is a mere snake-oil salesman who used his popularity to shill shitcoins.

I agree, the two can't be compared for anything, whether it's about things related to Bitcoin or the way they treat life in general. After watching the documentary about John McAfee, I got a much broader picture of him, so even though I'm not a psychologist to draw conclusions about someone's mental health, I would dare to say that a lot of things were not right in his head.

On the other hand, Saylor is a successful businessman with no scandals (as far as I know), and the only bad label that can be attached to him is his tweet about how he thinks Bitcoin will fail, as well as online gambling, but that was before some 10 years.

As for the speculation about $5 million, that's news from 2021 and I don't know why someone decided to bring it back into the public's focus - but even though I don't think it's impossible, I would still put that price in the context of the time it would take to make something like that happen.

If I'm not mistaken, we are talking about a market cap in the amount of even $100 trillion, and for the sake of comparison, that would be as much as 10 companies the size of BlackRock. This is simply too much money to be realized in the near future and could only be realized if central banks start buying Bitcoin the same way they buy gold today.

[salad daging]

A pope who speaks freely says whatever he likes, he credits the tens of thousands of bitcoins he invested with to convince him.

However, I'm not sure that with $5M this will happen in tens of decades or maybe a century (approximately) what other people say is true at any time, we never know for sure as long as Bitcoin continues to record its highest record then it will continue every cycle.

Btc price $5M inflation is getting bad, other prices are getting expensive I guess that's what I'm thinking.

[OgNasty]

This really shouldn’t even be a headline. It isn’t a shocker that a guy with tons of BTC who owns a company that is heavily invested in BTC thinks the price will go up an astronomical amount. Imagine how much money he would be worth if that did happen. To me it is a little far fetched to think that could happen, but I guess anything is possible when the government can print dollars.