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Topic: Bitcoin for $5000? (Read 2605 times)

sr. member
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May 28, 2017, 03:05:17 AM
#50
Bitcoin prices are at an all time high and despite the recent correction, I expect to see the price hit $5000 before the years end or  byJanuary at most. With the recent mass adoption in India, Japan, Africa ETC, It's prospects are great. On the surface, it seems that mass integration of digital wallets could very soon be part of our everyday lives. India and Japan could well be the tipping point. It can only get better.
sr. member
Activity: 434
Merit: 250
May 28, 2017, 02:33:58 AM
#49
A year may be too soon but before the end of next year for sure we should reach 5k$.

Everything depends on the feedback of users. If this year another country will take bitcoin, by the end of the year we can touch the 3000 mark, and in the middle of next year 5000.

If these pump continues, we will be seeing the price of bitcoin at $5000 or $6000. We still don't know what might happen, but all we know, is that, we had a big profit these week.
If other countries take this year bitcoin probably at the end of this year could touch the bitcoin $3000 and next year could reach $5000 but all also depends of the holders and users of the bitcoin if it will probably happen the price movement of bitcoin
hero member
Activity: 882
Merit: 544
May 25, 2017, 07:43:32 PM
#48
I would normally say that bitcoin would not reach 5000$ this year but I can say for now that it might reach it because I thought that btc could not touch 2000$ price range this year when it was still at 1200$ price ranges and look at it now, it is above 2000$ which I thought was not possible so therefore I conclude that there is a chance that bitcoin will reach 5000$ but don't expect it too much because it might not reach that point either.
hero member
Activity: 798
Merit: 501
May 25, 2017, 06:11:42 PM
#47
I thought there is more votes for NO then for YES, well I wasn't right about that. This increase bring a lot of optimism among bitcoin users. I believe we will see bitcoin at 5000 dollars one day, but that will not happen this year. I voted for no, and we will see in next 6 months who was right about this.
to me i think if the price of bitcoin will continue to increase with the the present trend then there is no doubt that the price of bitcoin will reach to 5000 USD level with in a month of 2. i think most of the people are still holding bitcoin because they are very much confident that the price of bitcoin will reach to 5000 USD level and that is the reason that they are not ready to sell their bitcoin and are holding it for some more time.
sr. member
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May 25, 2017, 04:01:19 PM
#46
I thought there is more votes for NO then for YES, well I wasn't right about that. This increase bring a lot of optimism among bitcoin users. I believe we will see bitcoin at 5000 dollars one day, but that will not happen this year. I voted for no, and we will see in next 6 months who was right about this.
The truth to say for today I'm already irrigation growth rate Bitcoin but And the scale that you announced the next 6 months is already too much. I'll go to church for a candle for this.
legendary
Activity: 3346
Merit: 1191
May 25, 2017, 08:26:36 AM
#45
I thought there is more votes for NO then for YES, well I wasn't right about that. This increase bring a lot of optimism among bitcoin users. I believe we will see bitcoin at 5000 dollars one day, but that will not happen this year. I voted for no, and we will see in next 6 months who was right about this.
sr. member
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May 25, 2017, 08:24:39 AM
#44
I would say no, bitcoin cant reach that 5000$ value. Even the price is on rampage 5000$ price within this year is too difficult to achieved. If theres a great news that will occur it will only driven the price to go 3000$ by the end of this year.
Totally true I also think that $5,000 is too much for this year,
Maybe some other year it could reach it but not right now.
sr. member
Activity: 434
Merit: 250
May 25, 2017, 08:21:58 AM
#43
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
I think the answer is not but bitcoin keeps defying common sense and my expectation, I would have never thought that we will prices like the ones we are seeing now, I thought that for us tho reach the current price we will need to wait for years and it only took a few months to get  there.
like my hope if prices continue to increase reaching surely bitcoin $5000 but perhaps also it would wait a few years and a few months for the price of bitcoin future and I can not think if it did mean a lot of devotees will certainly bitcoin, bitcoin will probably be used as currency in the world
legendary
Activity: 1414
Merit: 1001
May 25, 2017, 08:08:07 AM
#42
Now the bitcoin price has reached 2700USD. I think this is a very real miracle. Prices increased nearly 130% from 2 months ago. I honestly feel disappointed to have sold a lot of bitcoin at 1700USD rates. Now I try to hold hold until bitcoin reaches fantastic value, it might be reached in 5000USD.
full member
Activity: 197
Merit: 100
May 25, 2017, 06:59:01 AM
#41
When i heard it will go up to 10million $ i laughed.
When i herad it will go up to 2000$ i thought it will but in very long time.
When i saw 2 weeks later that its already 2500$ i wanted to sell my everything for bitcoin... But yea... ... ... ... ...
Somebody wanna rent me? ;3 (paycheck in btc xD)
legendary
Activity: 3038
Merit: 1169
May 25, 2017, 06:54:51 AM
#40
I think all of the price that are gonna be passable that are over $2700 right now can be speculated on what price does bitcoin really going to settle, and the most possible price are the $3000 value mark, and right now there are no such resistance or what so ever that I am seeing that might interrupt bitcoin from passing that price.
sr. member
Activity: 1638
Merit: 300
May 25, 2017, 05:58:35 AM
#39
A year may be too soon but before the end of next year for sure we should reach 5k$.

Everything depends on the feedback of users. If this year another country will take bitcoin, by the end of the year we can touch the 3000 mark, and in the middle of next year 5000.

If these pump continues, we will be seeing the price of bitcoin at $5000 or $6000. We still don't know what might happen, but all we know, is that, we had a big profit these week.
full member
Activity: 246
Merit: 100
May 25, 2017, 05:46:35 AM
#38
A year may be too soon but before the end of next year for sure we should reach 5k$.

Everything depends on the feedback of users. If this year another country will take bitcoin, by the end of the year we can touch the 3000 mark, and in the middle of next year 5000.
sr. member
Activity: 1246
Merit: 255
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May 25, 2017, 05:29:31 AM
#37
The growth percentage of bitcoin is pumping much higher compared to the days where we were all talking much about the increase happening in terms of $10 and $20. Now it has gone beyond limits crossing $100 and even more. In a thread it's been quoted that the next jump might be in multiples of $1000. When it happens we'll shortly reach $5000.
hero member
Activity: 1484
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May 25, 2017, 01:10:03 AM
#36
At the rate it's going, it's almost looking like we'll hit $ 5,000 this month!
I think the price of bitcoin even this year will not touch in $4k maybe $3,000 value we can see this high price this year until this coming december since before every december we are seeing huge price increase so i think we will see huge increase this coming months gradually.. like other said japan treaten bitcoin not only alternative currency it is legal right now .. and hoping that bitcoin will be legal here in my country that i think if it will happen more price increase will come.. so for those old bitcoin holders i am sure they can get more profit with their bitcoins.
member
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May 25, 2017, 01:03:41 AM
#35
A year may be too soon but before the end of next year for sure we should reach 5k$.
copper member
Activity: 686
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May 25, 2017, 12:56:23 AM
#34
Expect and wait for the price to be higher. Well, $ 5k may seem very difficult to accomplish this year, but I am so sure and believe that bitcoin can easily reach that price. Maybe it's like waiting for bitcoin prices to reach $ 1000 price, when the price is still $ 300.

Things are very different than they were years ago. Exchanges are more spread out, user base is increasing, countries are starting to realise they cannot stop Bitcoin - but most importantly right now, Japan making Bitcoin not just a currency, but legal tender, is causing a massive supply and demand effect. I may be wrong and this could all go to shit shortly. But I genuinely think this journey is only just beginning. Time will tell.
sr. member
Activity: 325
Merit: 251
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May 25, 2017, 12:52:39 AM
#33
At the rate it's going, it's almost looking like we'll hit $ 5,000 this month!
sr. member
Activity: 1176
Merit: 252
May 25, 2017, 12:50:56 AM
#32
Expect and wait for the price to be higher. Well, $ 5k may seem very difficult to accomplish this year, but I am so sure and believe that bitcoin can easily reach that price. Maybe it's like waiting for bitcoin prices to reach $ 1000 price, when the price is still $ 300.
copper member
Activity: 686
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Electricity is really just organized lightning
May 25, 2017, 12:41:22 AM
#31
All of you saying that this is not possible this year, need to look at everything a little more closely. Japan has seriously kickstarted this run, Korea is paying ~$3K/BTC and it shows no sign of slowing down at this moment in time. This bubble, if it is one right now, is only just starting.

$5k this year?

I say $5k by the end of July.
hero member
Activity: 840
Merit: 502
May 25, 2017, 12:25:43 AM
#30
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
I think the answer is not but bitcoin keeps defying common sense and my expectation, I would have never thought that we will prices like the ones we are seeing now, I thought that for us tho reach the current price we will need to wait for years and it only took a few months to get  there.
full member
Activity: 242
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May 24, 2017, 12:13:47 PM
#29
I feel good but only if i have 10 bitcoins with me at that time  Grin As the bitcoin increasing day by day it will definitely touch 5000$ this year but by increasing it's price transaction fee also increases which is not good for us.. but if we get that huge amount then no one will bother about transaction fee i guess.

What a mentality -- assuming you are the sole owner of your account, you have been here long enough to know that you have had enough opportunities to buy yourself as many coins as possible. For the price of 1 BTC right now, you could have bought like 7-10 BTC back then. It's all about believing in Bitcoin's potential. I always believed that at some point we would reach the $2000 level, so I kept holding. In the same way I believe we will reach the $10,000 level, and again, I will keep holding.

It is very good that there are such optimists as you. I also believe in bitcoin. That's why I've been holding coins for a long time. And I believe that in a few years their price will grow several times. I bought coins for $ 700 and friends told me that it was very expensive)))
legendary
Activity: 1232
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May 24, 2017, 11:29:03 AM
#28
I feel good but only if i have 10 bitcoins with me at that time  Grin As the bitcoin increasing day by day it will definitely touch 5000$ this year but by increasing it's price transaction fee also increases which is not good for us.. but if we get that huge amount then no one will bother about transaction fee i guess.

What a mentality -- assuming you are the sole owner of your account, you have been here long enough to know that you have had enough opportunities to buy yourself as many coins as possible. For the price of 1 BTC right now, you could have bought like 7-10 BTC back then. It's all about believing in Bitcoin's potential. I always believed that at some point we would reach the $2000 level, so I kept holding. In the same way I believe we will reach the $10,000 level, and again, I will keep holding.
hero member
Activity: 574
Merit: 506
May 24, 2017, 09:20:34 AM
#27
at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure

It always corrects  Wink not to 162 USD per bitcoin like the last time we saw massive correction, but it will correct.

How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.

Depends on your definition of bear market. We went from around 15 to 260 between 2012 and 2013. Then we saw six months of consolidation before propelling to 1100 from the starting base at 90. Yes, it is bubble - but also merely another local peak before long consolidation. I doubt bitcoin will enter true depression before testing 10 000 dollars per bitcoin first. Perhaps as soon as next year.
full member
Activity: 266
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May 24, 2017, 09:14:44 AM
#26
Yes we will see thw price of bitcoins to be more than 5000$ by the end of this year.on the other hand it can be predicted that the price of bitcoins would fall down drastically and we may see a steady rise in the price of bitcoins.
hero member
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May 24, 2017, 09:08:46 AM
#25
hero member
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May 24, 2017, 06:50:51 AM
#24
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

This year? Could be.
We are not even halfway of the whole year so anything is possible.
Since it doubled its price from January until now then maybe something like near $5000 could be reached.
Still that is a long way to run and anything could happen but I am looking for a big increase in the BER months that will come and the holidays to when they use much of online stores as giving gifts.
hero member
Activity: 1372
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May 24, 2017, 06:47:22 AM
#23
I'm in yes and no it is 50% chance of yes and 50% chance of no as I can see bitcoin now is great when it comes of increasing the price by it self if the bitcoin price reach the speculation of $3000 or more next few months then it will a yes for me bitcoin has a possibility to increase on that through demand of coins.
copper member
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May 24, 2017, 05:04:42 AM
#22
I feel good but only if i have 10 bitcoins with me at that time  Grin As the bitcoin increasing day by day it will definitely touch 5000$ this year but by increasing it's price transaction fee also increases which is not good for us.. but if we get that huge amount then no one will bother about transaction fee i guess.
legendary
Activity: 2186
Merit: 1213
May 24, 2017, 04:28:02 AM
#21
We are all waiting for the next hack, FUD or other crap. I´ll expect a correction soon. But until that, it can go up to $5k, yeah...
hero member
Activity: 924
Merit: 512
May 24, 2017, 03:45:23 AM
#20
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

These crazy bumps in the chart takes the bitcoin value to peak value every time but mining has been increased now. When the bitcoin is in the low value, fees seems also low. Why nowadays mining seems as a high amount. Why providers are making money of it nowdays by it? These questions are not answered in the forum. This is why people are holding the bitcoin completely without selling it.
legendary
Activity: 1652
Merit: 1265
May 24, 2017, 03:39:35 AM
#19
Bitcoin is back in business and getting hyped again.
You always get the gamblers pushing the price up to absurd prices.
Then some people get burnt and we drop again for a while until it stabilizes.
But then again I don't see crazy spikes only crazy growth.

Due to the gamblers I believe we will hit $5000 pretty soon if they go crazy enough  Cool
legendary
Activity: 3080
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May 24, 2017, 03:34:38 AM
#18
at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure

I think the major stumbling block we face are the scaling issue resulting in high transaction fees. The $2000 mental barrier has been check, and we are all saying that its not possible but within a few months we touched that price. I think the next mental barrier will be $5000, but I doubt we can achieved it this year though. I think the price of bitcoin is really pushing and might get to the peak that we need some correction. Of course, who doesn't want it to get to $5000 but I really having doubts that we can get it, but not this year, but possibly in the next coming years.
legendary
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May 24, 2017, 12:59:35 AM
#17
at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure
legendary
Activity: 1946
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May 24, 2017, 12:57:42 AM
#16
i expect a correction after segwit activation when the backlogs are cleared.

you are half correct.
if the scaling issue is finally concluded and we move forward. and also the backlog aka mempool is finally cleared only one scenario can happen.
- the news of moving forward comes out
- price surges upward at another 50% up to 100% from where it is going to be at that moment
- then a correction happens but it will be very short lived and very small because the good news will come out contentiously about bitcoin and all the altcoin bubbles will finally blow up and all the money+profit will fly back to bitcoin and we see another 100% rise.

i am thinking $4000 first then upward towards $8000
legendary
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May 23, 2017, 11:44:54 PM
#15
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
I do not know whats really happening with bitcoin we all wanted that trip to the moon but this is happening so fast. i hope the bubble does

not blow in our faces...i expect a correction after segwit activation when the backlogs are cleared.

Atm am now starting to think we can get to $5000 next week!
hero member
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May 23, 2017, 10:51:08 PM
#14
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.
As quoted in terms of logical thinking experiencing such a growth percentage is simply a hard thing. With bitcoin in reality anything could happen without any prior indication. For this reason anytime $5000 is possible as the price difference happening with a minimum of around $50 on every forward move.
hero member
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May 23, 2017, 10:43:13 PM
#13
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.
sr. member
Activity: 574
Merit: 250
May 23, 2017, 10:18:28 PM
#12
That's great idea of bitcoin investments in the future of price development has to be more profitable if that $5000 will be a reality next year. If we  observe the proper situation now of price movement in the market , we see it has a successive increase in a matter of few days.  So we now see the  actual pump of price due to the uprising adoption of people in both asia and western countries.
sr. member
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May 23, 2017, 09:47:21 PM
#11
I would say no, bitcoin cant reach that 5000$ value. Even the price is on rampage 5000$ price within this year is too difficult to achieved. If theres a great news that will occur it will only driven the price to go 3000$ by the end of this year.
I would say the same thing...except I would have said it for $2300, and that's where the price is right now.  You've got people writing on this forum at this very minute that we're going to reach $100k, but that scares me.  If we ever jumped that high in a year from $1300 (which is a couple months ago), that just isn't rational or sustainable.  Things that go up that fast have a tendency to crash as hard as they rise.  It's been proven more times than the Pythagorean Theorem in finance.  So let us all hope for bumps and setbacks.  Don't get carried away with the madness of the crowd.
legendary
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May 23, 2017, 09:44:18 PM
#10
we cant say it will or won't because it depends on a couple of things at least.
there are a couple of forces that are increasing the demand and with it the price, such as Japanese mainstream adoption and other smaller news similar to it. and then the good news about Chinese finally making a move has led them to come back and have the same price as the rest of the markets.

but we still have the scaling war/debate thing going. and that is hurting us. if them kids finally stop only seeing in front of their noses and start compromising we can see $5000 and above easily.
sr. member
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May 23, 2017, 09:25:37 PM
#9
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.

I dont know, a $6000 drop in Bitcoin will hit like a bomb. After China regulation i dont see very deep corrections anymore.

Unknown waters.

BTC lost 85% after it topped out at 1200. i couldnt disagree more with your statement of not having anymore deep corrections, i see major spikes and crashes in these yet young days. Even gold with a market cap leaps and bounds more then BTC has drops of 30-50%. The lottery-ticketers buying in at 10K will be the same ones buying in at a grand last bubble. Wash, rinse, repeat. You need suckers for bubbles, temporary suckers if they have the balls to hold. Most cant, and a tidal wave of selling ensues.
legendary
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May 23, 2017, 08:55:43 PM
#8
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.

I dont know, a $6000 drop in Bitcoin will hit like a bomb. After China regulation i dont see very deep corrections anymore.

Unknown waters.
hero member
Activity: 798
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May 23, 2017, 08:37:03 PM
#7
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.

You are right on that time . we could sense it right now that the price right now is getting huge and huge and it also happen that a big crash will happen that happen way back 2013 so i think it would be reach with that price but eventually it would dumps or crashes a lot .
sr. member
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May 23, 2017, 08:34:22 PM
#6
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.
legendary
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May 23, 2017, 07:15:25 PM
#5
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
(...) sending fee high, transaction confirmation is very long time

The price could continue to increase considerably (not sure if $5k this year, though) if these problems are solved with SegWit or by other means.
It's very probable they will get fixed or at least improved by September.
hero member
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May 23, 2017, 06:58:49 PM
#4
I have no doubt that the current bitcoin rally has the enough momentum to send the price to $5000 or more, although I don't see realistic basis to support this high levels. But the power of speculation is enough to skyrocket the bitcoin price huge this year, and perhaps in few weeks you will see that historic price.
hero member
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May 23, 2017, 06:52:28 PM
#3
I would say no, bitcoin cant reach that 5000$ value. Even the price is on rampage 5000$ price within this year is too difficult to achieved. If theres a great news that will occur it will only driven the price to go 3000$ by the end of this year.
hero member
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May 23, 2017, 06:51:26 PM
#2
i want not bitcoin price incraese to 5000 dollar
if bitcoin price very high is many problem, find bitcoin is very dificult, sending fee high, transaction confirmation is very long time
hero member
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May 23, 2017, 06:32:27 PM
#1
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
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