I'm not an FUD person at all. I have high hopes for Bitcoin. But I just feel I have to come out and put a warning sign on anything that has the name Palm Beach Confidential.
These guys are spammers, they charge thousands of dollars for membership or whatever for advice you can find right here on this forum for free. I almost didn't forgive myself for checking them out when I got their first spam email, from god knows where. Full of users on FB asking for free BTC.
Sorry, but this group and all the guys associated with it pretend to be whales and insiders. They just want your bucks. Stay away.
Topic: Palm Beach Confidential : Btc will be $65k - page 2. (Read 335 times)
I don't doubt it'll go to 65k. It's just a matter of time and how much time is anyone's guess. Could be 1 year could be 10. And for the same reasons it could also go to 1k or 300 dollars before going to 65k, just something to think about and factor into your decisions.
It has to rise more than 10 times. The market needs to be $ 2 trillion. Most investors settle for a trillion dollars.
How I wish the ETF is approve this time around like what happened last year about future trade. If bitcoin get to $65000 then most of us that has been holding for long will be all rich. I am happy we are having this information before hand so that we would be able to buy more!
Been seeing quite a few predictions about Bitcoin reaching $50,000-$100,000. I do think it's possible. However, I don't think it's going to happen on the next bull run. Will probably be 2020 or so before we see this price point. I think $50,000 MAY be possible in the next bull run, but more than likely we'll only see $30k-$40k. Can only hope for more than that.
long and hodl bitcoin
While it is very hard to pick an exact target, I agree that approval of CBOE ETF should help boost the price of bitcoin and the entire crypto market significantly. The volume has dried up so the market just needs some good news to launch it upwards.
I'm a bit hesitant to belive this but Palm Beach has been right about many of their past preidctions.
I think half the year or the third one is enough. It will be 65 thousand dollars, but it's hard to be this fast.
OP has a made a good and bright analysis of bitcoin price especially from last year that turned people's eye to bitcoin. I also believe that the dull market early last year is what we are still experiencing this year, hopefully we are going to see price improve.
In my opinion it's just a matter of time that bitcoin will reach 65k. With all the bullish news it is just waiting for the next big bull run and probably it will run to (and over) 65k somewhere in the next year 
This is a very interesting article, thank you for sharing it with us. I also think that it's impossible for Bitcoin not to continue on growing in the future, but the question is how long will it take until it will reach such a high value ? It could take more than 5 years , and the blockchain technology needs to become mainstream.
It remains to wait very little, in two months we will find out the SEC's answer. I really want the answer to be positive. I'm tired of depression in the market
Im myself a holder and i think bitcoins price can surge according to the article you shared, last year also no one expected that btc can grow from $1000 mark to $20000 mark and all that in a scenario of uncertainty due to hard fork and multiple fork news, im sure we will again witness bext big move from bitcoin and market soon.
I don't trust anyone in crypto now) All waited futures on BTC and what happened) Now everybody will wait ETF) Imho better great news will be from China. Look at neo and ETP they both suddenly pumped.
This is a very interesting article, thank you for sharing it with us. I also think that it's impossible for Bitcoin not to continue on growing in the future, but the question is how long will it take until it will reach such a high value ? It could take more than 5 years , and the blockchain technology needs to become mainstream.
no one knows how long it will take but i think after ETF decision we can see a big pump on btc. There are many investors waiting for this decision and CBOE is really big. they can bring huge money to crypto market. If CBOE applied that means the answer %75 is pozitive but we have to wait and we will see.
$20.000 was not possible price for most people in the past but that was hit, now $65.000 or $100.000 seem like not possible but it will eventually be normal price.
This is a very interesting article, thank you for sharing it with us. I also think that it's impossible for Bitcoin not to continue on growing in the future, but the question is how long will it take until it will reach such a high value ? It could take more than 5 years , and the blockchain technology needs to become mainstream.
no one knows how long it will take but i think after ETF decision we can see a big pump on btc. There are many investors waiting for this decision and CBOE is really big. they can bring huge money to crypto market. If CBOE applied that means the answer %75 is pozitive but we have to wait and we will see.
I don't trust anyone in crypto now) All waited futures on BTC and what happened) Now everybody will wait ETF) Imho better great news will be from China. Look at neo and ETP they both suddenly pumped.
This is a very interesting article, thank you for sharing it with us. I also think that it's impossible for Bitcoin not to continue on growing in the future, but the question is how long will it take until it will reach such a high value ? It could take more than 5 years , and the blockchain technology needs to become mainstream.
I m in PBC Premium group and i have read last article about btc . I will share here and i am wonder about your thoughts..
PBC PREMIUM :
Hello, friends, and welcome to a very quick, very important update.
Last Year’s Announcement
July of last year—2017—the entire cryptocurrency market was down. Bitcoin itself was down 4%, and there was an announcement that came out that I wrote about extensively. I said, “This announcement is going to radically push the price of bitcoin higher.” At the time, bitcoin was trading at around $1,850 a coin.
Back in July, I said, “Look, you’re going to see at least $10,000 on bitcoin this year.” And people thought I was nuts. We were in the middle of a crazy, horrific bear market, but I said, “Look, this announcement is going to radically transform this space.”
Of course, by the end of the year, we had hit $20,000 on bitcoin, and the announcement that I was telling everybody about was the fact that bitcoin futures were going to trade by the end of the year. What I said was that once futures traded, it would bring in an entire new leg of money that would radically push up the price of bitcoin.
Recent Announcement
I’m coming at you today because there is an announcement that has just come out that—just like last year—is being completely ignored by the market.
But it is an announcement that could take bitcoin up 10x or more from where we are right now. Bitcoin is trading right now at around $6,400–6,500. So yes, Teeka Tiwari is talking about $65,000 bitcoin. Has he gone mad? I can assure you that I haven’t, so let me tell you what’s going on.
Since 2014, people have been trying to get an ETF (exchange-traded fund) launched so people could easily buy and sell bitcoin from their brokerage accounts. The Winklevoss twins have been trying since 2014.
Now, every time they’ve come to market I’ve said, “Look, it’s really doubtful that they will get approved. In fact, I think they will not get approved.” It just didn’t have the safeguards in place. They didn’t have the connections or the background that the Securities and Exchange Commission (SEC) could trust.
Then, Solid X came out earlier this year, and I said, “You know what, these guys might have a shot at getting an ETF approved, but I’m not going to say that it’s a 100% done deal.”
So what am I talking about now? I’m talking about a brand-new player that has just filed all the relevant paperwork to get an ETF approved by the SEC; I am telling you right now unequivocally—this is the first time I’ve ever said this—that this particular filer will get approved by the SEC. They will provide the first bitcoin ETF and I’ll tell you why.
The filer is the CBOE, that’s the Chicago Board Options Exchange. It is one of the largest, most well-respected, most well-funded clearing institutions on the planet.
It’s up there with the New York Stock Exchange, the Nasdaq, the Depository Trust & Clearing Corporation, and SWIFT. It’s at that level. This is not a couple of guys that made a bunch of money on Facebook who are launching a fund or launching an ETF. This is the CBOE—the CBOE. I cannot emphasize how important and how much credibility the CBOE has.
Addressing the SEC’s Concerns
Now, one of the main arguments the SEC had against approving an ETF was a lack of global regulatory rules surrounding crypto and crypto exchanges. Now, this was recently refuted by the decision by Japan and South Korea to regulate their crypto exchange markets. They are the biggest exchange markets.
And then the second issue the SEC had expressed concern around was the lack of insurance for crypto investors. What happens if there’s a hack? What happens if the private keys get lost? What’s going to happen to the investors that put money in this?
The key factor that I believe separates the CBOE’s application from everybody else’s is that the CBOE has stated that it has secured insurance for the investors.
So if there’s a hack, if the keys get lost, if there’s fraud, if anything happens that impacts the value or the security, I should say, of the bitcoin held by that ETF, the investors are covered.
What we have to look at is the preponderance of evidence. We’ve got the CBOE, one of the most important financial institutions in the world, backing a bitcoin ETF. We have insurance that if a key is lost or if something gets hacked, individuals will know that their money is safe. This is everything that the SEC has been looking for.
Mark my word, friends, this ETF will get approved. And when it’s as easy to buy bitcoin as logging in to your Fidelity account and pushing a buy button, you will see tens—if not hundreds—of billions of dollars flow into this ETF and, of course, also flow into bitcoin and the entire cryptocurrency ecosystem.
It is as transformative as the announcement last year that we were going to see bitcoin futures back when bitcoin had dropped from $3,000 down to $1,850. And the world ignored the importance of that announcement.
Friends, I am telling you, this is the most pivotal announcement that I have seen not only this year, but ever within this space. When we can get an ETF that makes it easy to buy, sell, and hold bitcoin, it’s going to open the floodgates of capital to people who would have never ever opened up an account at Coinbase or who would never ever mess around with a digital wallet. It now allows the mainstream adoption of bitcoin by the everyday investor, and it’s wildly bullish.
So regardless of what you see happen in the day-to-day vagaries of the market, I want you to put your blinders on and I want you to focus on this bigger picture… because the prices that we’re looking at today, we’re going to look back at them just like we did in July of last year when bitcoin was trading at $1,850. We’re going to scratch our heads and we’re going to say, “But all the news was out there; how did people not put two and two together and realize that this thing should have been radically higher than what it was?”
Please make sure that you’re not one of those people. Take advantage of the information that we have in front of us today.
So if you already own bitcoin, don’t get panicked out of it with the volatility. If you don’t own any bitcoin, now is a wonderful time to get into the marketplace and buy some bitcoin.
All right, friends, that is enough out of me. I will catch up with you in another update. And I want you to always remember: Let the Game Come to You!
PBC PREMIUM :
Hello, friends, and welcome to a very quick, very important update.
Last Year’s Announcement
July of last year—2017—the entire cryptocurrency market was down. Bitcoin itself was down 4%, and there was an announcement that came out that I wrote about extensively. I said, “This announcement is going to radically push the price of bitcoin higher.” At the time, bitcoin was trading at around $1,850 a coin.
Back in July, I said, “Look, you’re going to see at least $10,000 on bitcoin this year.” And people thought I was nuts. We were in the middle of a crazy, horrific bear market, but I said, “Look, this announcement is going to radically transform this space.”
Of course, by the end of the year, we had hit $20,000 on bitcoin, and the announcement that I was telling everybody about was the fact that bitcoin futures were going to trade by the end of the year. What I said was that once futures traded, it would bring in an entire new leg of money that would radically push up the price of bitcoin.
Recent Announcement
I’m coming at you today because there is an announcement that has just come out that—just like last year—is being completely ignored by the market.
But it is an announcement that could take bitcoin up 10x or more from where we are right now. Bitcoin is trading right now at around $6,400–6,500. So yes, Teeka Tiwari is talking about $65,000 bitcoin. Has he gone mad? I can assure you that I haven’t, so let me tell you what’s going on.
Since 2014, people have been trying to get an ETF (exchange-traded fund) launched so people could easily buy and sell bitcoin from their brokerage accounts. The Winklevoss twins have been trying since 2014.
Now, every time they’ve come to market I’ve said, “Look, it’s really doubtful that they will get approved. In fact, I think they will not get approved.” It just didn’t have the safeguards in place. They didn’t have the connections or the background that the Securities and Exchange Commission (SEC) could trust.
Then, Solid X came out earlier this year, and I said, “You know what, these guys might have a shot at getting an ETF approved, but I’m not going to say that it’s a 100% done deal.”
So what am I talking about now? I’m talking about a brand-new player that has just filed all the relevant paperwork to get an ETF approved by the SEC; I am telling you right now unequivocally—this is the first time I’ve ever said this—that this particular filer will get approved by the SEC. They will provide the first bitcoin ETF and I’ll tell you why.
The filer is the CBOE, that’s the Chicago Board Options Exchange. It is one of the largest, most well-respected, most well-funded clearing institutions on the planet.
It’s up there with the New York Stock Exchange, the Nasdaq, the Depository Trust & Clearing Corporation, and SWIFT. It’s at that level. This is not a couple of guys that made a bunch of money on Facebook who are launching a fund or launching an ETF. This is the CBOE—the CBOE. I cannot emphasize how important and how much credibility the CBOE has.
Addressing the SEC’s Concerns
Now, one of the main arguments the SEC had against approving an ETF was a lack of global regulatory rules surrounding crypto and crypto exchanges. Now, this was recently refuted by the decision by Japan and South Korea to regulate their crypto exchange markets. They are the biggest exchange markets.
And then the second issue the SEC had expressed concern around was the lack of insurance for crypto investors. What happens if there’s a hack? What happens if the private keys get lost? What’s going to happen to the investors that put money in this?
The key factor that I believe separates the CBOE’s application from everybody else’s is that the CBOE has stated that it has secured insurance for the investors.
So if there’s a hack, if the keys get lost, if there’s fraud, if anything happens that impacts the value or the security, I should say, of the bitcoin held by that ETF, the investors are covered.
What we have to look at is the preponderance of evidence. We’ve got the CBOE, one of the most important financial institutions in the world, backing a bitcoin ETF. We have insurance that if a key is lost or if something gets hacked, individuals will know that their money is safe. This is everything that the SEC has been looking for.
Mark my word, friends, this ETF will get approved. And when it’s as easy to buy bitcoin as logging in to your Fidelity account and pushing a buy button, you will see tens—if not hundreds—of billions of dollars flow into this ETF and, of course, also flow into bitcoin and the entire cryptocurrency ecosystem.
It is as transformative as the announcement last year that we were going to see bitcoin futures back when bitcoin had dropped from $3,000 down to $1,850. And the world ignored the importance of that announcement.
Friends, I am telling you, this is the most pivotal announcement that I have seen not only this year, but ever within this space. When we can get an ETF that makes it easy to buy, sell, and hold bitcoin, it’s going to open the floodgates of capital to people who would have never ever opened up an account at Coinbase or who would never ever mess around with a digital wallet. It now allows the mainstream adoption of bitcoin by the everyday investor, and it’s wildly bullish.
So regardless of what you see happen in the day-to-day vagaries of the market, I want you to put your blinders on and I want you to focus on this bigger picture… because the prices that we’re looking at today, we’re going to look back at them just like we did in July of last year when bitcoin was trading at $1,850. We’re going to scratch our heads and we’re going to say, “But all the news was out there; how did people not put two and two together and realize that this thing should have been radically higher than what it was?”
Please make sure that you’re not one of those people. Take advantage of the information that we have in front of us today.
So if you already own bitcoin, don’t get panicked out of it with the volatility. If you don’t own any bitcoin, now is a wonderful time to get into the marketplace and buy some bitcoin.
All right, friends, that is enough out of me. I will catch up with you in another update. And I want you to always remember: Let the Game Come to You!
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