Topic: Dare to take such gamble? (Read 624 times)
Sometimes the world is strange, many people do crazy things but they like it, and if we pay attention since bitcoin is getting more popular then many people make bets with price predictions, even I have gambled on a site that only guesses whether the price will go up or down within 1 hour up to 1 month.
And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said thatand bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone
who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
It all could also be a tactic to create some hype and pump the price of Bitcoin a little bit, but we can't really know. What he predicted, even if his prediction turns out to be just 10% true, we should still be good, lol.
and just trying to get more attention by having this extreme positive approach towards Bitcoins price in 90 days but definitely he would lose on this one.This is for sure because we cant really be able to
shoot up that fast considering that we've been struggling on breaking up points.How much more on a million per coin? Im not saying its not possible but it wouldnt really be a short time.
It might not even happen in our lifetime if ever we do talk about million per coin.Sometimes hearing off these things do really makes me irk...
And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said thatand bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone
who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
It all could also be a tactic to create some hype and pump the price of Bitcoin a little bit, but we can't really know. What he predicted, even if his prediction turns out to be just 10% true, we should still be good, lol.
This is a most do for anyone who has the money to buy a whole unit of Bitcoin, even though if not for the speculation of the 2 million dollar price, BTC will still offer a profitable asset to hold for long term base even beyond the speculated 90 days ops predictions.
-I guess we will have some steel hands investors would have taken advantage of this bet by acquiring 1 extra unit of Bitcoin.
-I guess we will have some steel hands investors would have taken advantage of this bet by acquiring 1 extra unit of Bitcoin.
I was very surprised to see this news. Balaji tweeted on his official twitter that he bet $2M USDC. And predicts Bitcoin will hit $1M within 90 days. But hearing this news, everyone feels that it will never be possible. And I also think it is absolutely impossible for Bitcoin to reach $1M in this short time. But it takes a long time for bitcoin to reach $1M and I believe that after 10 years there is a possibility that bitcoin will reach $1M.
how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone
who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
As many have said, what he's doing is just trying to get noticed and find a way to become more famous. He won't have to worry about paying anyone because he's not stupid enough to accept a bet with someone even though he's the initiator. I know that anything can happen, but this is complete nonsense, complete bullshit if we take it seriously. I believe the next bull season also does not guarantee bitcoin to hit $500k, let alone $1 million, in such a short period.
Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.
The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.
don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say. Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately. There will be many factors that influence why it can't reach a new ATH or $ 1 million
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone
who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.
The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.
don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say. Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately. There will be many factors that influence why it can't reach a new ATH or $ 1 million
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.
The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.
don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say.
It is commonly speculated by those who follow bitcoin's 4-year cycle that ATH will be after halving, possibly in span of 1 year after the halving event happens. More or less it would be on or before 2025. And the year 2025 needs way more than 90 days to reach.
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Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately.
If you watch how Technical analyst predicts prices, they always have this "if" statement and need certain conditions to be able to release a statement. They always provide at least two way path( up or down) for BTC (the third one is sideway) since they know that the market is ever-changing. So by that statement, price cannot be predict accurately because of the variable factor and there are too many of it in the market.
Quote
There will be many factors that influence why it can't reach a new ATH or $ 1 million
There are only some factors, supply and demand, adoption, and government regulations. if the government goes along with massive adoption and huge demand, it can easily overweight the supply which can cause a massive surge to Bitcoin price.
*My question for you*
Will you dare take such a gamble if you have the money ?
Maybe, if I speculate with a value of $ 2 million, in the near future it will be legal what @balajis is doing, I might have the courage to do it, provided that $ 2 million is not borrowed money or someone else's.Will you dare take such a gamble if you have the money ?
I once made a speculation referring to a short investment within 100 days, but my capital was not as big as @balajis's, my speculation was that the Bitcoin price had decreased, but I don't focus on fundamental speculation, I tend to focus on price movements within 100 days, but I did it successfully.
At that time I focused on the Bitcoin price of $ 20k when the Bitcoin price moved at a value of $ 23k I did not sell, because my capital was small, maybe if I had capital like @balajis it was quite clear that the profit was on my side with $ 2 million in capital at that time Bitcoin only $20k, of course I pocketed 100 Btc, of course I have won $ 300k profit, with the value I bet in Bitcoin, of course I dare to do that.
Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.
The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.
don't go so far as to aim that bitcoin should reach $1 million. Just need to think in this short time, is bitcoin able to reach ATH? if Bitcoin is capable it will also take time, as you say. Nothing can be achieved instantly. Even though the price of bitcoin fluctuates, it cannot be predicted accurately. There will be many factors that influence why it can't reach a new ATH or $ 1 million
I would definitely take if it was hundred thousand, but I think is way too son for this number. maybe next year though, anyway we should expect a bull run soon.
Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.
The predictions are right or wrong, but at least you need to have some basis or reason for your prediction, not you say what you think, and I don't see how this makes Bitcoin more popular. This is not how bitcoin became popular. I have the same thoughts as some of you here, he's just trying to get more attention but with tricks like this, people won't believe him anymore. For me, Bitcoin may hit $1 million, but not in 90 days or in the near future. We need a lot of time for bitcoin to do that.
Sometimes to make bitcoin more popular it takes predictions from figures or influencers like Mr. Balaji, if he is right then he will be popular and if he is wrong of course it is normal because wrong prediction is common, unfortunately I am not interested in betting with this system, and the reason is because I don't have $26k worth of bitcoins.
This has come to my attention, I think this guy actually tweets like this hoping to seek public attention. I find it completely absurd that Bitcoin went from this price to one million dollars in just 90 days. This guy had made predictions and bets like this before and it was completely wrong. However, I am not saying that the price of Bitcoin will not reach one million dollars, but that time may not have come yet and it may take a long time to see it.
Yes, the man is looking for attention on his social media profile. Of course he isn't going to make an official agreement with anyone to place a bet like this, because it's nearly impossible bitcoin is going to cross the 1$ million dollars barrier on the next 90 days and he wouldn't dare to risk such amount of money.The tactic of saying something absurd to get views on the internet is popular and widely used by a plethora of social influencers right now. By doing this, his profile is actived by the platform's algorithm more often, displaying him to potential followers. It's a smart marketing strategy, especially inside the niche of finances, since there are lots of users on these platforms looking for advices regard investments.
Doesn't need to be a good attention, it could be a bad attention, as long as they do what they should, they will flock to some community who will support them and they will do whatever they can about it. I personally do not believe in this at all, but there won't be really anything that would be more moronic than this type of gamble.
This has come to my attention, I think this guy actually tweets like this hoping to seek public attention. I find it completely absurd that Bitcoin went from this price to one million dollars in just 90 days. This guy had made predictions and bets like this before and it was completely wrong. However, I am not saying that the price of Bitcoin will not reach one million dollars, but that time may not have come yet and it may take a long time to see it.
Yes, the man is looking for attention on his social media profile. Of course he isn't going to make an official agreement with anyone to place a bet like this, because it's nearly impossible bitcoin is going to cross the 1$ million dollars barrier on the next 90 days and he wouldn't dare to risk such amount of money.The tactic of saying something absurd to get views on the internet is popular and widely used by a plethora of social influencers right now. By doing this, his profile is actived by the platform's algorithm more often, displaying him to potential followers. It's a smart marketing strategy, especially inside the niche of finances, since there are lots of users on these platforms looking for advices regard investments.
Strange predictions are indeed made by many people, when these predictions are correct then the tweets that have been for years will be busy again because of the praise of many people for that person, I've seen tweets about predicting the price of bitcoin can reach $ 50k and that person now has a lot of followers because he often guessed right.
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*My question for you*
Will you dare take such a gamble if you have the money? 🤑🤑🤑
Well why not, I'm not an expert in price speculation but this $1 million bet in 90 days reminds me of Mcafee's bet of cutting his cock if Bitcoin did not reach $1 million by 2020.
I'm not saying his prediction is impossible but the logic behind the $1 million in 90 days is quite hard to comprehend as the US will do everything for the dollar not to experience deflation, I like Bitcoin to reach I guess we all do but the US government are smart enough to let their dollar suffer deflation.
He already died (RIP), but Bitcoin didn't even reach 6 digits yet. Well, I wish he can still see Bitcoin reaching a million dollars after 2 decades I guess.
Well, I wonder if how many people will dare to take this gamble. That poster will let you buy 1 BTC, the price of Bitcoin will rise up. I wonder how many investors are needed to buy 1 BTC in order for it's price to reach a million dollars, and take note, there is a time horizon for it which is 90 days.
One thing more is that, "PAST PREDICTIONS DOESN'T MEAN THE SAME IN THE FUTURE". Yes that user might have correct predictions, but is it always the case? Even most of Nostradamus' predictions ending up as a fail, and doesn't happen. Same with here. The user's past predictions doesn't mean that he will be correct again. Like you OP, I also find it impossible to happen, and for sure most of us are thinking the same. A million dollar per Bitcoin in 3 months is impossible. A million dollar per Bitcoin in 3 decades sounds realistic to me.
Let us not fool ourself with price of Bitcoin to be $1 million in 3 months. But what he is doing on the internet is creating fomo for Bitcoin so I think this is a benefit for the investors.
I care nothing about this intention because obviously this is not my area to take . instead what I was looking is for my site to gamble and my bonus or rake back to accumulate .Quote
Balaji Srinivasan is a entrepreneur and he has so much money. For him to lose $1 million is a few pocket change for the man. He is so smart and he knows what he is doing with this tweet. A public stunt to get him more attention and more Following.
and that is exactly what i was thinking , the man can afford any amount but us? how can we?this is of course for popularity either the coin or His name .
A bet like this looks ridiculous, currently the price is only around $ 26k and it needs a fantastic increase to reach $ 1 million, if the current price is $ 900k then I dare to participate, to make noise sometimes things like this are what people deserve to be famous.
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