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Topic: [BREAKING NEWS]: Wall Street Predicting Bitcoin To Hit $55,000 In 5 Years (Read 5254 times)

sr. member
Activity: 994
Merit: 256
Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Too low even for a wallstreet god. I think it will reach a record price of $100,000 in 5 years time. With the current bannings and liftings of bans, I guess the government of different countries have made sure to regulate bitcoins as an investment.
Wall street has discouraged the people from day 1 for investing in any kind of crypto currency. Now the thing is that there can be two scenarios after 5 years
1 Bitcoin is on the peak and some countries have started their trade in the bitcoin
2 Bitcoin has been replaced some next generation currency
In both the cases, the information shared by wall street does not stand correct.

member
Activity: 308
Merit: 11
I've read the forecasts for 55k $ at the end of this year. We'll see if it works. We are waiting for the next BTC increase.
full member
Activity: 462
Merit: 102
Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Too low even for a wallstreet god. I think it will reach a record price of $100,000 in 5 years time. With the current bannings and liftings of bans, I guess the government of different countries have made sure to regulate bitcoins as an investment.
member
Activity: 76
Merit: 10
member
Activity: 84
Merit: 10
Nice news Smiley) and now we see bitcoin at 7k  :d  ohh wait it went up a bit again, never can be sure with bitcoin  Smiley
sr. member
Activity: 726
Merit: 251
If btc at the $ 55,000 price is not realistic. We will not even get back at $ 5,000 at the moment and some have already guessed $ 3,000 and others say $ 10,000. It's just attracting new investors, wall street is one of the best known because some have big investors or businesses and I think it's good for us in the future. Cool
newbie
Activity: 73
Merit: 0
If that's true bitcoinres should start thinking to hide their BTCs in a safe place :p
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
Wall Street is always right, as they did when they predicted it would reach $4,000. Now it's $20,000. Grin

If WS would have been always right we would have three prices for bitcoin the same moment.

Wall Street is not an entity, an organisation or something that has it's own mind.
There are people there who believe bitcoin is the future and there are people who believe it's just a hype, companies who are involved with crypto and companies that are afraid cryptos might ruin them.

Just how there are governments that support BTC like Japan and ones than don't.

Anyhow, reviving this thread right now.... Undecided




newbie
Activity: 54
Merit: 0
In 5 years it is predicted that not bitcoin will cost 55,000$ , 200,000$ , bitcoin will be at least 55,000$ this year, so not 5 years .
newbie
Activity: 30
Merit: 0
The news is too good to be true. Five years is not a big time and we'll see it happen soon. But this is only a prediction based on some studies and predictions that might be wrong. While it is true that most of us want to see this prophecy turn into reality.
newbie
Activity: 163
Merit: 0
It's a good news. Although I don't know what price the bitcoin will go up in the future. But my constant optimism is the same. In the virtual currency, bitcoin is still king.
member
Activity: 182
Merit: 10
Open and Transparent Science Powered By Blockchain
Wall Street is always right, as they did when they predicted it would reach $4,000. Now it's $20,000. Grin
full member
Activity: 145
Merit: 100
If this prediction happens to be true in the coming years, it's really a good news for the ccommunity. We really look forward to it keenly.
sr. member
Activity: 584
Merit: 256
Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...
Wow...
I believe also that Bitcoin will get tagged almost $50000 USD within 2/3 years. day by day Bitcoin is becoming a stronger currency in this market. people are getting engaged and benefitted financially. I hope this trend will continue and it will become a global money in the future.
not only that but also Bitcoin will be the major tool for saving and investment for the purpose of making the profit in the future.
member
Activity: 299
Merit: 11
Wow, with the way things are going it's quite possible to hit that high. Downside is, with the price increasing it will be more difficult to get 1 bitcoin. But for those who are still holding up to today, Congratulations!
newbie
Activity: 53
Merit: 0
If it might really happen in the Future, then I will hold to my coins and dont panic even if it falls.But from this moment, if it continue to rise and exceed the $20K the peak it has reach maybe before the year 2018 ends it might already reach $55k or exceed it also.
full member
Activity: 392
Merit: 100
That is very cool news but having 55K in 5 years is quite very little increase of price if we base it on its value today. If bitcoin will just continue to have its price hike like what happened last month, then 55,000$ can be reach even in the start of third quarter next year. Smiley
member
Activity: 616
Merit: 10
Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...
I watched a video tackling the price of bitcoin in the next year. Probably, it will raise to $50k he said. I think it will happens in 5 years but as long as it will rise up rapidly it will take a months just to reach it. Let us keep on watch in bitcoin.
sr. member
Activity: 644
Merit: 264
Aurox
Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Though it is true that some trading analyst in wall street have predicted that bitcoins will reach that value but many analyst and strategist in wall street are also against bitcoin. But let us just accept the fact that even a newbie in the cryptoworld could tell that bitcoin could reach that value due to bitcoins acceptance and popularity.
member
Activity: 140
Merit: 10
Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

I have my doubts that Bitcoin will be this little in 5 years. Maybe they forgot to add a zero or something. Bitcoin has much more potential than this, and crypto currencies overall all as a matter of fact.
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