BTC is quite bullish but it can do anything in this area with guidelines apparent especially, quite funny to see the 500k bet category as second most popular to occur in the next few days
By 500k, you mean $500,000? In the next few days? 😂 That's really funny to be honest, people should learn to calm their hopium, expecting the price of bitcoin to hit $500k in the next few days is insane.
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To be fair, the bet is that by the end of November Bitcoin is valued between $101,000 - $500,000.
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OK, if this be the case, then it's quite understandable.
Today is just 21st and bitcoin touched $98,300 before retracing a bit back to $97+ dollars, we still have 9 days or 8+ days before this month comes to an end, I am also expecting that before the month will end, bitcoin should be trading at a very close range or a little above $100,000.
Like I did mention in my post above, I've not visited freebitco for a while now, so, if the bet is actually just as you said it is, then it's totally understandable and fair enough..
How ever, I still think there shouldn't be any mention of $500k in that bet, it should have been like $101,000 to $120,000 or even $110,000, $500,000 in the next couple of days is pure exaggeration.
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Yeah I agree, not sure why they picked such a ridiculous range and even just 100 - 150. Either way, I think it's a good bet at those odds, there is every chance we go over 100k by end of November, we're only 2k off and the way we've been climbing lately makes me think there is more to come.