Since the OP doesn't post links, it's not 100% clear to me, but I understand that Bukele predicted the price was going to hit $100K in 2021 and now he's predicting it again in 2022. About 2021 is nothing unusual. All predictions (other than Bitcoin haters) gave a minimum of that price.
Regarding 2022, it is not so strange because there are many people who think that we are in a delayed cycle, and that the blow off top so characteristic of previous cycles will happen in 2022, although now there are also people who are beginning to doubt whether the top of this cycle is not already touched with almost $70K last year.
So, you can question what he says, but I certainly don't think it's a joke.
Topic: Elsavador President Predicting $100,000 Bitcoin price looks like another joke - page 5. (Read 749 times)
January 03, 2022, 11:30:13 PM
January 03, 2022, 11:22:44 PM
I also am glad I am not the only one who finds some of his tweet unprofessional. He is the president of a country but he is tweeting about buying dips and arguing with that Gold bug Peter S from time to time. You would think a president would have more important things to tweet about.
What he is doing is good. He is promoting adoption and this might prevent hyper inflation for some residents. However keep in mind that many of these residents have no idea how to use Bitcoin. And look how volatile it is. One day it could lose 80% of its value and from a poor country that’s pretty devasting to say the least. I wonder how his Bitcoin city project will go.
What he is doing is good. He is promoting adoption and this might prevent hyper inflation for some residents. However keep in mind that many of these residents have no idea how to use Bitcoin. And look how volatile it is. One day it could lose 80% of its value and from a poor country that’s pretty devasting to say the least. I wonder how his Bitcoin city project will go.
January 03, 2022, 10:20:47 PM
There was no reassurance made by President Nayib Bukele of El Salvador. He was just predicting just like everyone else. I am also predicting that Bitcoin will finally reach $100,000 in 2022. That could be wrong. Both of us could be wrong. All of us could be wrong. But it is always better to predict with optimism than predict with pessimism. During the bullish weeks of the 4th quarter of 2021, people really thought Bitcoin could reach $100,000 before the year ends. There was no wrong with that. The only wrong thing is that there were some people who did not cooperate and sold instead of hodled.
I think him and his country heavily on bitcoin, you really have to understand where his prediction his coming from. Maybe he wanted the investors to wake up again and pour some money on the market to make a good price at around $50k. However, we are now entering a delicate phase of a bear market unfortunately. Maybe it was a good time to accumulate again just like the President Nayib Bukele, but seeing a 6 digit this year might not be possible.
Bear markets are temporary. Although it may be possible that it stretches into long time frames, it seldom happens. If the entire year of 2022 will be like that of 2018, then I would say that $100,000 is not possible. But if the year is a normal one with bear and bull cycles, it is very possible that $100,000 will happen. We will also consider that the latter part of 2021 is already a bear phase. Entering in 2022, we are now expecting the price to somehow start to consolidate and push higher.
January 03, 2022, 09:23:34 PM
There was no reassurance made by President Nayib Bukele of El Salvador. He was just predicting just like everyone else. I am also predicting that Bitcoin will finally reach $100,000 in 2022. That could be wrong. Both of us could be wrong. All of us could be wrong. But it is always better to predict with optimism than predict with pessimism. During the bullish weeks of the 4th quarter of 2021, people really thought Bitcoin could reach $100,000 before the year ends. There was no wrong with that. The only wrong thing is that there were some people who did not cooperate and sold instead of hodled.
I think him and his country heavily on bitcoin, you really have to understand where his prediction his coming from. Maybe he wanted the investors to wake up again and pour some money on the market to make a good price at around $50k. However, we are now entering a delicate phase of a bear market unfortunately. Maybe it was a good time to accumulate again just like the President Nayib Bukele, but seeing a 6 digit this year might not be possible.
January 03, 2022, 08:43:14 PM
On 31st December, new year Eve a number of people started making jest of the $100k BTC price prediction as one of the biggest lie of 2021 and they made jokes of it.
who Lied to Whom? it is people stupidity to believe that and never blame anyone because of that foolish belief.We Knew that this market is unpredictable so why will look for that amount when it is far from the ATH ?
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Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
Let the man believe what he wanted to believe , he does not Hold the entire bitcoin so who can tell what and when to climb the price?But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
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The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.
What do you guys think of BTC in 2022?
you are newbie or beginner so listen to no promises , but make your own research for your own funding . What do you guys think of BTC in 2022?
January 03, 2022, 08:27:31 PM
Hey anyone can make a prediction, whether it be completely baseless or absolutely nonsense, backed with info/facts, or whatever methodology you used, a prediction s in the end just a prediction. Not to mention that the topic is about the crypto market, a very volatile market, nothing is impossible imo. Besides, a jump from $15k ish to $60k ish in 6 months did happen in the beginning of last year, so really, it isn't that odd for some, well, very positive thinking people to look at the market and be very bullish for it.
Sides,randomly making predictions is free.
Sides,
January 03, 2022, 08:18:21 PM
There was no reassurance made by President Nayib Bukele of El Salvador. He was just predicting just like everyone else. I am also predicting that Bitcoin will finally reach $100,000 in 2022. That could be wrong. Both of us could be wrong. All of us could be wrong. But it is always better to predict with optimism than predict with pessimism. During the bullish weeks of the 4th quarter of 2021, people really thought Bitcoin could reach $100,000 before the year ends. There was no wrong with that. The only wrong thing is that there were some people who did not cooperate and sold instead of hodled.
January 03, 2022, 06:59:45 PM
BTC in 2022 for 100k is not an impossibility but obviously there is an entire journey ahead such that I would not predict it for so little a time frame as just 12 months. Consolidation is not weakness, its necessary revision before prices can develop further usually upward as BTC long term has shown.
That prediction of the price by this year seems most likely impossible but who knows it will happen. Good to see that those countries are very positive when it comes to predicting the market price of Bitcoin and it seems they are looking desperate about the price that should be increased. That's their opinion and I think we respect them by that.
IMO, Bitcoin price will continuously increase as we see there are too many people adopting it and now there are few countries that already did a legal tender which has made a good impact on the Bitcoin price, sooner or later I won't surprised about their prediction that to become true.
January 03, 2022, 06:31:56 PM
BTC in 2022 for 100k is not an impossibility but obviously there is an entire journey ahead such that I would not predict it for so little a time frame as just 12 months. Consolidation is not weakness, its necessary revision before prices can develop further usually upward as trends for BTC long term has shown. We have lost the 50 day average and for momentum that is required to be especially optimistic but over the course of an entire year then it would not be sufficient gauge, the 200 day average is rising and personally I take the 50 week average (strong rise) as inclusive of main markets too.
January 03, 2022, 06:19:24 PM
~
Thanks for the source links.Hope that OP will add those links to his thread above.
~2 more countries will adopt it as legal tender~
Do you know what countries that President Nayib means here? It should be great news for him & us. So, more countries support what El Salvador has done, by making BTC be a legal tender.
This means BTC role to be more important. Being a legal tender is the next level of BTC adoption, not as a digital asset only. Now the government considers it to be their crucial part in improving the economic/financial sector.
January 02, 2022, 06:22:46 PM
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
Dude, if you got this news from a certain source, please provide the link on your thread. So, people will know it is not a rumor, or a lying issue.President Bukele predicts Bitcoin $100k rally, further legal adoption and more
https://cointelegraph.com/news/president-bukele-predicts-bitcoin-100k-rally-further-legal-adoption-and-more
El Salvador's President: Bitcoin Price To Reach $ 100,000 In 2022
https://thetimeshub.in/el-salvadors-president-bitcoin-price-to-reach-100000-in-2022
Plan B falló con el precio de bitcoin a USD 100.000, mientras Bukele especula
https://www.criptonoticias.com/comunidad/plan-b-fallo-precio-bitcoin-usd-100000-mientras-bukele-especula/
Twitter Nayib Bukele @nayibbukele
https://twitter.com/nayibbukele/status/1477464599612076038
2022 predictions on #Bitcoin:
•Will reach $100k
•2 more countries will adopt it as legal tender
•Will become a major electoral issue in US elections this year
•Bitcoin City will commence construction
•Volcano bonds will be oversubscribed
•Huge surprise at @TheBitcoinConf
January 02, 2022, 06:12:10 PM
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
Dude, if you got this news from a certain source, please provide the link on your thread. So, people will know it is not a rumor, or a lying issue. By the way, predicting Bitcoin to reach $100k isn't a wrong attitude, everyone can predict with their own analysis. President Nayib Bukele doesn't force us to believe in his prediction, even he never said an exact time for BTC reaching $100k. So, I don't see something wrong or weird here, he has the right for that prediction. Also, we cannot claim that the prediction is failed since 2022 has just begun. Who knows if Bitcoin really passes $100k in the next few months.
January 02, 2022, 05:33:13 PM
as I see it, the president of el salvador is desperate for the price to reach 100,000$ so that he can make a profit of 2X or more, he bought bitcoin when the price was over 40,000$ and he bought it thinking that the price would reach 100,000 $, but the price fell instead of going up and that is not good for him, if the price falls below 40,000$ he will be with great losses, maybe his forecast is to avoid this fall
January 02, 2022, 04:35:22 PM
There's very high chance that $100,000 mark will be reached eventually, but one year is way too short term to make any decent predictions. Bitcoin market wasn't always going up, it had long periods of decline and stagnation too, we could very easily be entering another such period right now. This is why it's important to not invest more than you can afford to lose in short term. If Bukele invested too much money from the government budget and he won't be able to balance all government spending because of it, he will be in a deep trouble if the market will turn bearish.
I think Bukele is also aware on the bearish season of bitcoin as its also a part of price movement cycle so he must be thinking on how to balance his expenses before it will happen. But i can see that Bukele is definitely looking forward for what bitcoin can give in the future so if we can see the positive side of bitcoin like reaching a $100k in the future, then we will be aware on how to make good investments for bitcoin so we can make a good start in it and hope for the huge profits at the end of this year. January 02, 2022, 04:01:14 PM
There's very high chance that $100,000 mark will be reached eventually, but one year is way too short term to make any decent predictions. Bitcoin market wasn't always going up, it had long periods of decline and stagnation too, we could very easily be entering another such period right now. This is why it's important to not invest more than you can afford to lose in short term. If Bukele invested too much money from the government budget and he won't be able to balance all government spending because of it, he will be in a deep trouble if the market will turn bearish.
January 02, 2022, 01:22:39 PM
It's not possible because indeed before year 2021 ended there's already a prediction from some expert analyst that bitcoin has a potential to reach that value. So its not surprising that even El Salvador the very first man who implemented bitcoin as legal tender believes that there's a possibility as well for such prediction..so let's expect what's unexpected..
January 02, 2022, 01:19:12 PM
On 31st December, new year Eve a number of people started making jest of the $100k BTC price prediction as one of the biggest lie of 2021 and they made jokes of it.
Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.
What do you guys think of BTC in 2022?
I honestly think it's time they stop all this unnecessary prediction, it's turning into a play house, this are predictions that really has no base and it's just made without even any logical reasons backing it up, and mind you to any -Newbies- in here Bitcoin or crypto-currency isn't attached to anyone's prediction be the person an influencer, celebrity or even head of states, so always do your own research. And don't get suprise when predictions fails Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.
What do you guys think of BTC in 2022?
January 02, 2022, 01:11:04 PM
On 31st December, new year Eve a number of people started making jest of the $100k BTC price prediction as one of the biggest lie of 2021 and they made jokes of it.
Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.
What do you guys think of BTC in 2022?
Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.
But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.
What do you guys think of BTC in 2022?
I'm not very good at reading charts, but at least there is something that makes me continue to believe how Bitcoin in 2022 is a big question mark. The estimated price of 100K is quite visible if you say it at the beginning because it is still in a very calm line.
Don't be surprised, isn't this the only time that the highest price achieved by Bitcoin was ridiculed and considered impossible by Bitcoin haters? but in fact, we are now in the most extraordinary zone of silencing their mouths. If they were people who understood the growth of Bitcoin, then the jokes they made would only be laughed at by a lot of people.
January 02, 2022, 12:46:04 PM
You don't need to rely on El Salvador President to make decision to hold your Bitcoin. Price will touch to $100,000 but when? It can be in 2022 or 2032. Are you young or old? If you are young, you will be able to make a 10-year plan or longer for your Bitcoin investment.
Hold it 10 years and you will be able to sell it at $100,000 or even higher $1M. If price moves faster, you will be able to sell it at $100,000 sooner than in 2031.
If you can't hold, you can't get rich as CZ tweeted.
Hold it 10 years and you will be able to sell it at $100,000 or even higher $1M. If price moves faster, you will be able to sell it at $100,000 sooner than in 2031.
If you can't hold, you can't get rich as CZ tweeted.
January 02, 2022, 12:40:34 PM
It's not funny when someone predicts are really possible price. You may probably haven't know that many of us here also thinks that bitcoin is going to hit $100k soon. Many have thought that it's going to happen last year but it didn't. So, we're just going to move that hope and prediction for this year. Again, we're going to have a long year as it starts and many things can happen but we're all positive that another all time high is going to be reached very soon.
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