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Topic: Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC (Read 339 times)

sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE

Here's the video of Tom Lee explaining why he's so bullish on Bitcoin:

https://www.cnbc.com/video/2017/09/14/tom-lee-heres-why-bitcoin-will-hit-25000.html

This former JPMorgan Chase Managing Director even gave a middle finger to Jamie Dimon, when he said:

"Folks talking about Bitcoin being a...fraudulent currency, I think you need to be on the other side of that...strongly."


full member
Activity: 294
Merit: 125
Tom Lee sticks to his prediction for Bitcoin despite China:

https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc

Tom Lee was the most accurate forecaster of the stock market for the past 6 years.  Let's see if he'll be right about Bitcoin.

Interesting that he was a former Managing Director at JP Morgan Chase.  Jamie Dimon must hate him.



This is a  good news. Based on Technical Analysis bitcoin price bounced on Fibonacci level 0.5 if the price breaks the 4500 mark then Tom Lee is correct  Grin
newbie
Activity: 14
Merit: 0
The fraud preventative properties of Bitcoin give it an intrinsic value that fiat currency doesn't provide. This alone will ensure that bitcoin continues to rise in value as we shift away from paper money to digital transactions. But as smartbitcoininvestor stated no one is sure how long it will take to get to $25k and beyond.
sr. member
Activity: 652
Merit: 257
Any dumb ol person can tell you to just HODL onto your Bitcoins. You could spend 5 minutes reading the forum here at http://Bitcointalk.org and realize it is a smart investment for now and the future.

Who knows how long it will take.... but it is almost an inevitability that Bitcoin will break the $25,000 barrier and go upwards into the six figures.
member
Activity: 108
Merit: 10
this is a great article, thanks for sharing
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Tom Lee sticks to his prediction for Bitcoin despite China:

https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc

Tom Lee was the most accurate forecaster of the stock market for the past 6 years.  Let's see if he'll be right about Bitcoin.

Interesting that he was a former Managing Director at JP Morgan Chase.  Jamie Dimon must hate him.

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