Bitcoin Could Reach $50,000 in 2018 and $500,000 by 2024 ...
Bitcoin Could Reach $50,000 in 2018 and $500,000 by 2024 ...
Here's How Bitcoin Gets to $50,000 - Unchained Podcast
Top Investor Seriously Expects Bitcoin to Hit $50,000 ...
Could Bitcoin’s Next Price Boost Come from $8.5T in ...
Bitcoin Price Could Hit $50,000 If Large Investors ...
Only 1% of Institutional Money Needed to Boost Bitcoin Beyond $50,000
If you are looking to learn how to trade cryptocurrencies or want signals to help with your trading, check out BeInCrypto’s Telegram Trading Community, where they are offering a free trading course. You can find the links to the Telegram group in the detail section of this space. New York-based research firm Messari has released a new report exploring the possibility of redirecting a mere 1% of all institutional money away from traditional assets and into Bitcoin. According to Messari analyst, Ryan Watkins, the scenario could lead to inflows worth hundreds of billions of dollars, pushing Bitcoin prices well beyond $50,000. Between mutual funds, sovereign wealth funds, family offices, endowments, and pension funds, very few investors have given digital currencies much consideration so far. However, Messari’s report comes right after American hedge fund manager, Paul Tudor Jones, decided to hedge with Bitcoin Futures. What do you think about this? You can read the full article on the link below. Only 1% of Institutional Money Needed to Boost Bitcoin Beyond $50,000
Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!
That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ??? Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth. Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ... . Bitcoin Achievements so far:
It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
Many 1,000's of hacks, thefts, losses.
Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
Contributing significantly to Global Warming.
Wastes vasts amounts of electricity on useless, do nothing work.
Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
It created a new way for people living too far from Vegas to gamble all their life savings away.
Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
Increased China's foreign trade balance by a couple billion dollars per year.
Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
"A bitcoin miner in every device and in every hand."
"All the indicators are pointing to a huge year and bigger than anything we have seen before."
"Bitcoin is communism and democracy working hand in hand."
"Bitcoin is freedom, and we will soon be free."
"Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
"Bitcoin most disruptive technology of last 500 years"
"Bitcoin: So easy, your grandma can use it!"
"Creating a 4th Branch of Government - Bitcoin"
"Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
"Future us will thank us."
"Give Bitcoin two years"
"HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
"Cut out the middleman"
"full control of your own assets"
"reduction in wealth gap"
"cannot print money out of thin air"
"Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
"If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
"Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
"NO COINERS will believe anything they are fed by fake news and paid media."
"I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
"I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
"I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
"I think Bitcoin will do for mankind what the sun did for life on earth."
"I think the constant scams and illegal activities only show the viability of bitcoin."
"I think we're sitting on the verge of exponential interest in the currency."
"I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
"If Jesus ever comes back you know he's gonna be using Bitcoin"
"If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
"If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
"In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
"In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
"Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
"It won't be long until bitcoin is an everyday household term."
"It's the USD that is volatile. Bitcoin is the real neutral currency."
"Just like the early Internet!"
"Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
"Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
"let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
"My conclusion is that I see this a a very good thing for bitcoin and for users"
"No one would do such a thing; it'd be against their self interests."
"Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
"Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
"Seperation of money and state -> states become obsolete -> world peace."
"Some striking similarities between Bitcoin and God"
"THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
"The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
"The bull run should begin any day now."
"The free market doesn't permit fraud and theft."
"The free market will clear away the bad actors."
"The only regulation we need is the blockchain."
"We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
"We do not need the bankers for Satoshi is our saviour!"
"We have never seen something so perfect"
"We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
"We verified that against the blockchain."
"we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
"Well, since 2006, there has been a infinite% increase in price, so..."
"What doesn't kill cryptocurrency makes it stronger."
"When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
"When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
"Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
"Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
"You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
"You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
"Your phone or refrigerator might be on the blockchain one day."
The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
It's impossible to hide illegal, unsavory material on the blockchain
It's impossible to hide child pornography on the blockchain
All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
immune to government regulation
"a world-changing technology"
"a long-term store of value, like gold or silver"
"To Complex to Be Audited."
"Old Auditing rules do not apply to Blockchain."
"Old Auditing rules do not apply to Cryptocurrency."
Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at30 grandor more by next Christmas  - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully"u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
2018-12: "Bitcoin could be at$40,000by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
2018-12: Bitcoin will end 2018 at the price point of$50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
Umm, about those "FYNANSIAL EGG SPURT" Bitcoin Price Predictions ..... guess how many were right ????
So a whole lot of chest beating, "high profile", "fynansial egg spurts" made a bunch of Bitcoin price predictions during 2018 and media whored themselves .... guess how many were right ?? ANSWER: NONE. Bitcoin Price Predictions by 31-Dec-2018:
"Bitcoin could be at$40,000by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
"Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
"Our  year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. * "I believe bitcoin will see a slight price recovery, rising to $8,500 by January 2019", David Hanson, Co-CEO of gaming distribution platform Ultra.
"At the beginning of 2019, Bitcoin is expected to hover right above $10,000 per coin", Sam Olmsted, Consultant for Pelicoin.
"On January 1st, 2019, I expect the price of Bitcoin to be about $10,000", Kyle Fournier, Crypto Analyst at CryptoManiaks.
"By Jan 1st  BTC at $10,500 and BCH at $1,500", Gavriel Shaw, CMO at Bitcoin.com. * "... by January 2019 Bitcoin should be around double where we are now = US$12600", Luke Lombe, Head of Blockchain at PlayChip.
"$14,000 BTC/USD [by January 1, 2019]", Collins Brown, Co-Founder at Market Protocol.
"Based on our existing data combined with industry trends, we predict the price of Bitcoin will level around $15,000 by 1st January 2019", Danny Scott, CEO and Co-Founder at CoinCorner.
"... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO.
"My Bitcoin price prediction for 1 January 2019 is $23,000", Eric Brown, Founder and CEO of Aliant Payment Systems.
"I believe Bitcoin will hit $24,500 by the 1st of the year [1-Jan-2019]", Kyle Asman, Co-Founder at BX3 Capital.
"$150,000 is my prediction for January 1st ", Alexander V. van Dijl, Financial expert.
$1 Million "Moonshot" Options Betting On Bitcoin $50k About To Expire Worthless
One year ago, as bitcoin prices were in free fall just after peaking above $20,000 (a peak that, as fate would have it, ended up marking the end of one of the most frenzied asset bubbles since the financial crisis) we reported that one "mystery trader" (later revealed to be BlockTower Capital) had dropped $1 million on a batch of one-year call options that would only pay off if bitcoin traded above $50,000 before their expiration date. Now, with the knowledge of hindsight, we can safely say that this "moonshot" bet may be remembered as one of the most spectacularly wrong-headed wagers placed by an "institutional" crypto trader in the history of the nascent virtual currency market. And considering that a not-insignificant number of buyers paid $20,000 for a bitcoin (which was trading below $4,000 on Thursday), there has been quite a bit of competition for that dubious distinction. Because as Bloomberg reminded us on Thursday, these options will expire worthless in about two weeks (barring a stunning recovery rally of 2,000% which...never say never). Fortunately for Paul, the losses from this trade aren't quite as disastrous as 100% derivative loss would suggest. That's because, as Paul revealed during an interview with CNBC one year ago, BlockTower offset the risk from its OTM options bet by selling some of its bitcoin holdings in the spot market. Paul said the trade allowed him to hedge against losses while locking in some upside from bitcoin's torrid rally, with the added bonus of winning a big payout should bitcoin rocket higher. One bitcoin was trading at roughly $16,200 when Paul purchased the options on LedgerX (the exchange said the trade remains the largest ever placed on its platform). "These calls let me capture upside while reducing my downside risk," Paul told CNBC. He later tweeted that the trade - selling some of his Bitcoin holdings while buying the call options - was profitable. Listen to Paul's interview from December 2017 in full below: Man behind massive bet that bitcoin could hit $50,000 from CNBC.
Raoul Pal, the former Goldman Sachs hedge-fund manager who founded Real Vision, said the price of Bitcoin will hit $1 million (R16.6 million) in five years.. In an interview with Stansberry Research on October 7, he pinned the predicted price increase to a wave of institutional funds pouring an "enormous wall of money" into the asset.. Bitcoin's price has exploded about 40% year-to-date, and ... Bitcoin Could Hit $50,000. Su Zhu — CIO and CEO of hedge fund Three Arrows Capital — recently remarked that Bitcoin could rally to $50,000 “relatively quickly,” 700% higher than the current price. As to why he thinks such explosive growth can take place in such a short amount of time, the investor looked to the fact that several emerging markets are “now pricing in significant risk ... Here’s How Bitcoin Gets to $50,000. Plus: the crypto companies turning away business . What may prove to be the crypto news of the year broke this week, with the long-rumored announcement by PayPal that support for buying, selling, hodling, and purchasing will soon make its way to the company’s customers. Filecoin continues forward with its long-awaited mainnet as several of its top miners ... On May 7, legendary hedge fund manager and macro investor Paul Jones announced he put 1-2% of his portfolio in Bitcoin as a hedge against inflation and the Fed’s incessant money printing. With ... BlockTower Capital, a hedge fund, is behind the bet of $1,000,000 on the possible scenario when Bitcoin reaches $50,000, told Business Insider citing unspecified sources familiar with the matter. The bet was made on LedgerX, a cryptocurrency trading platform. The bet attracted the cryptocurrency community attention due to the current price dynamics of Bitcoin. This volatility one can witness ...
But there are exceptions like Paul Tudor Jones, a veteran hedge fund manager who in May allocated 1-3 percent of his $22 billion-portfolio to bitcoin futures. Mr. Watkins cited him and his reasons ... MASSIVE cryptocurrency news today guys! A hedge funds CEO predicts that Bitcoin will reach $100k (AND reveals crypto portfolio)!!! What do you think? Let us ... Billionaire hedge fund manager Paul Tudor Jones has turned more bullish on bitcoin, calling it the best inflation hedge. “I like bitcoin even more now than I... GOLDMAN SACHS BITCOIN RESPONSE [PLUS HELPFUL IDEA WITH ALTCOINS AND 100$ BTC GIVEAWAY] - Duration: 27 ... Starting a Crypto Hedge Fund in the U.S. in 2018 Corporate Attorney Explains - Duration ... Longtime hedge fund manager Paul Tudor Jones said Monday that he believes Wall Street could be witnessing the historic "birthing of a store of value" through...