Topic: [2017-12-16]This is how Bitcoin could reach $60,000 (Read 131 times)
We wait for $60000 this year now! I will be shocked if it occurs so quickly.
Bitcoin to $60,000? Yes, around $40K to go as bitcoin will set a new level of $20K soon.
Well, we don't know yet if bitcoin can reach that as nothing for sure in the future, but according to many predictions, it's achievable in 2018.
If millionaires allocate merely 1 percent of their holdings into bitcoin, the bitcoin price could reach $60,000 in the mid-term
Bitcoin does not need high profile investors and large-scale traders compete in a game of investing in bitcoin and cash out in short-term as it may harm bitcoin price significantly. Bitcoin needs real adopters, investors who believe in the potential of digital currency as means of payments which better than fiat currency that monopolized by central banks.
Well, we don't know yet if bitcoin can reach that as nothing for sure in the future, but according to many predictions, it's achievable in 2018.
If millionaires allocate merely 1 percent of their holdings into bitcoin, the bitcoin price could reach $60,000 in the mid-term
Bitcoin does not need high profile investors and large-scale traders compete in a game of investing in bitcoin and cash out in short-term as it may harm bitcoin price significantly. Bitcoin needs real adopters, investors who believe in the potential of digital currency as means of payments which better than fiat currency that monopolized by central banks.
I have seen so many of these articles stating how and when it will theoretically be possible to smash through this or that level, that the pleasure/interest of reading these articles has dropped to the absolute bottom. It's like everyone nowadays thinks that people are genuinely interested in reading these theories, while essentially, it's nothing more than an attempt to stand in the public spotlight. It's just a matter of time before we see Bitcoin approach $100,000 level, and if we see user/institutional adoption starts picking up even further, I don't even know where this will end. We're around two years away from seeing the block rewards get a 50% cut to just 6.25BTC per block, which will then cut off the circulation of coins even further.
Exactly,it seems that everyone wants to give some of its forecast regarding BTC these days and ensure his place in history.On the other side if only 1% of world money can make 1 BTC worth 60k$,we can easily calculate what this means in the case of 2,3 or 5%.
Next halving is for 2 and a half year and this will reduce amount of available BTC on market,if demand stay high price will go to the moon and beyond.I think interesting times are just coming,almost all BTC will be mined(around 99%)by the year 2032.So if you hold by that time you will be able to buy a lot of things and maybe become a millionaire
I have seen so many of these articles stating how and when it will theoretically be possible to smash through this or that level, that the pleasure/interest of reading these articles has dropped to the absolute bottom. It's like everyone nowadays thinks that people are genuinely interested in reading these theories, while essentially, it's nothing more than an attempt to stand in the public spotlight. It's just a matter of time before we see Bitcoin approach $100,000 level, and if we see user/institutional adoption starts picking up even further, I don't even know where this will end. We're around two years away from seeing the block rewards get a 50% cut to just 6.25BTC per block, which will then cut off the circulation of coins even further.
The reason some people/businesspersons/analysts are under the impression that Bitcoin or other cryptocurrencies alike are for the elite is because of its value at present. Lower class up to the lower middle class cannot or can hardly purchase Bitcoins as of present because its price has not come down since it reached its peak (beyond $10,000). Hence, these people would most likely put their family necessaries first over investing into something that is not at all certain. There are people, however, who do not belong to the elite but have Bitcoins because they were lucky enough to hold one or some of it when Bitcoin's price is still cheap.
All I can say now is sometimes you get lucky. You cannot just put a demarcation line as to who can make Bitcoin's price skyrocket. You have to consider all circumstances.
All I can say now is sometimes you get lucky. You cannot just put a demarcation line as to who can make Bitcoin's price skyrocket. You have to consider all circumstances.
Tai Lopez is a prominent investor and analyst. He has stated that if the world’s millionaires allocate merely 1 percent of their holdings into bitcoin, the bitcoin price could reach $60,000 in the mid-term.
Source: http://cryptobible.io/bitcoin-reach-60000/
Source: http://cryptobible.io/bitcoin-reach-60000/
OK.Let`s just wait for the millionaires to buy more and HODL untill the price reaches 60K USD.
By the way,i`ve seen that some people were calling Tai Lopez a scammer 2 years ago.I don`t know why,i`m not familiar with his business.Anyway,i really want the middle class people to adopt bitcoin and cryptocurrencies,not just a bunch of millionaires and billionaires.Bitcoin has to be the digital currency of the people,not the currency of the rich elite.
Good article. 60 is merely counting rich people. Don't forget a lot of btc's demand comes from countries where their local currency is not stable or the political situation is not stable and people are looking to preserve their wealth.
Tai Lopez is a prominent investor and analyst. He has stated that if the world’s millionaires allocate merely 1 percent of their holdings into bitcoin, the bitcoin price could reach $60,000 in the mid-term.
Source: http://cryptobible.io/bitcoin-reach-60000/
Source: http://cryptobible.io/bitcoin-reach-60000/
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