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[SCAMEXPOSER]

Celsius Network is a digital lending firm. Alex Mashinsky, the CEO has recently said that bitcoin could reach $160,000 if more countries should adopt cryptocurrencies in the near future as legal tender citing El-Salvador recent move.

The CEO also believe that PayPal and Revolut been a reputable organization rendering cryptocurrency services will be an easy window for people to key into crypto-currency activities easily.
He also said the continuous printing of money which is devaluating the fiat currencies will be a propeller to crypto currency adoption.

Did you agree with his school of thought?.

 

[Wisdom01]

Bitcoin is the first cryptocurrency what was invented in 2008. since then it has seen a lot of magnificent growth and adoption from a lot of countries and individuals all over the world. There is no doubt that bitcoin will probably have more adoptions in the nearest future and will reach all-time high.

definitely it would reach all time high ,been the first cryptocurrency it actually shows the potential it has ,for it to have been existing and staying for long ,it would give more motivation for the Investors to invest and make more profit , they would be able to know that the future of Bitcoin is of high potential

 

[SCAMEXPOSER]

I believe the challenges bitcoin is facing currently we definitely have a good turnaround very soon but only those who are patient with it will eventually make the profit out of it because we are seeing bitcoin reaching 70,000 dollars before it crashed back to the current value so obviously it will recover and also have a bullish moment. Reaching $160000 is possible but it take time.

 

[Wisdom01]

I believe the challenges bitcoin is facing currently we definitely have a good turnaround very soon but only those who are patient with it will eventually make the profit out of it because we are seeing bitcoin reaching 70,000 dollars before it crashed back to the current value so obviously it will recover and also have a bullish moment. Reaching $160000 is possible but it take time.

sure it would take time ,I still remember then when it got to $70k the momentum then was really high , I still believe in the price what could cause that push in price is actually when more Investors starts Investing it would get in more Investors to invest ,Bitcoin have a lot of potential too I think

 

[a_jerobon]

I totally agree with his school of thought. Cryptocurrencies being adopted as legal tenders will ensure that there is a lot of transactions going on and so it's price has a high chance of improving drastically. Moreover, their adoption by many reputable companies will also ensure their massive growth.

 

[Wisdom01]

I totally agree with his school of thought. Cryptocurrencies being adopted as legal tenders will ensure that there is a lot of transactions going on and so it's price has a high chance of improving drastically. Moreover, their adoption by many reputable companies will also ensure their massive growth.

exactly the adoption of Cryptocurrency is really improving and one major thing I have noticed is that it dosent seems like ending anytime soon , people keeps investing taking it to a large margin so it could really reach high prices which is a good development for me

 

[BullyMaguire]

If bitcoin will be adapted by .ore countries specifically the most powerful ones like United States, Russia and UK. Im sure that price is no to farfetched it can be reached. And if those powerful countries do it many smaller country will follow them with it since they are the leaders for everything

 

[TAH123]

Yeah, i also think so. I am not certain it will reach 160k Dollars, but I am sure it will blow up by a lot if other countries also adopt bitcoin as legal tender. Because if those countries accept bitcoin then bitcoin's usage would be increased and there would be more transaction and it may increase the price of Bitcoin. I wish all countries adopt btc as legal tender.

 

[achawaskey]

I quite agree with him, because if more countries adopt bitcoin as one of there legal tender, and that will propell or increase bitcoin up to 160k and country to country transactions will easier and without hitches.

 

[Wisdom01]

Yeah, i also think so. I am not certain it will reach 160k Dollars, but I am sure it will blow up by a lot if other countries also adopt bitcoin as legal tender. Because if those countries accept bitcoin then bitcoin's usage would be increased and there would be more transaction and it may increase the price of Bitcoin. I wish all countries adopt btc as legal tender.

$160k is really a high target price ,but with the current situation it's actually not too increasing , as it's still on a low and not that very high like that ,hopes it bounce back and move high very well , to make Investors high gains and profits ,yeah it would be good if countries accepts it as legal tender too

 

[Mariappa45]

Their is nothing wrong with what Celsius network CEO said about the prospect of Bitcoin. Bitcoin will get to that level of $160,000 with more adoption just as El-salvador did. We need more countries adopting BTC as a legal tender to help bolster it's rank reaching a very high level for others to make huge profit investing with Bitcoin long time.