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[Balint098]

In his latest "Keiser Report" TV show, Max Keiser predicted that Bitcoin could reach $500,000 because of global competition to control the majority of Bitcoin's hash rate. Iran has already controlled at least 3% of the world hash rate. Added to the fact that Venezuela has just recently accepting bitcoin payment, it's only a matter of time before US enter the hash rate war. A competition between these countries will possibly raise bitcoin price due to increasing demand.

 

[Kevin Fisc]

i guess they keep saying that just to make people buy it, and then the prices drop later

 

[Balint098]

Well, it's important to keep they hype up. And he has a point - US tend to try to become the number 1 in very aspect. Not sure about whether or not the price will go down later but one this for sure is that the price will always fluctuates.

 

[Josemendez]

We have seen thousands of similar predictions, with most of them not coming yo actualization . the only thing Here is that we should keep earning bitcoin , and hoping for the normal rise , and not the over hyped rising

 

[Rassy011]

Bitcoin will always to continue to rise, but I don't see it rising up to $500,000, I think all this over hyping of bitcoins is just to create awareness and make more people invest in Bitcoin.

 

[Balint098]

i hope this whole thing aint scam

Yeah, a scam that already made some people millionaires overnight, creating thousands of new jobs and enabling people in difficult areas to send and receive money.

 

[Josemendez]

Yeah, a scam that already made some people millionaires overnight, creating thousands of new jobs and enabling people in difficult areas to send and receive money.

One thing people don't know , is that investing in any potential coin , which has tendency to rise to a great height is very desirable . people that took the bold step of sticking on bitcoin, when it came new are millionaires now .

 

[Balint098]

Some investor's are already afraid of dollars crashing

Yup, US dollar has weakened several times during this pandemic, mainly due to the equitative easening the government is using, making more money circulates the country, thus devaluing the currency.

 

[Josemendez]

We should not set up our minds according to predictions stated by analysts. Prediction are just determination of bitcoin price on the basis of present condition which might change in future.

If we shouldn't use predictions by analyst , what other tool can we use ? There can never be an adequate and correct tool to use , which can fully predict bitcoin price because of the volatility of the coin .

 

[SCAMEXPOSER]

We should not set up our minds according to predictions stated by analysts. Prediction are just determination of bitcoin price on the basis of present condition which might change in future.

This prediction made by analyst had facts that is worth considering though the price may not spark to that level anytime soon but the coast is clear. Remember Russia, Thailand and other few countries are actively engaged in Crypto currencies activities

 

[Josemendez]

This prediction made by analyst had facts that is worth considering though the price may not spark to that level anytime soon but the coast is clear. Remember Russia, Thailand and other few countries are actively engaged in Crypto currencies activities

Well said bro , I believe with the rate at which top countries and accepting and legalising cryptocurrency , we will witness an overwhelming rise in some of these coins very soon .

 

[SCAMEXPOSER]

$500000 is on a high side. Many things will be altered financially if bitcoins reaches that mark. We'll probably see a high number of billionaires and inflation may increase to it's highest.

I am not sure it will reach that mark because other coins are there competing with bitcoin already it can only achieve this value if it was the only coin

 

[Brain]

I am not sure it will reach that mark because other coins are there competing with bitcoin already it can only achieve this value if it was the only coin

Some predictions can only be an illusion abd they remain that for a very long time. I see more of 25 -30k price than any of the other bogus price

 

[bitforex22]

Don't see that until 2060 atleast according to the projections actually I mean people won't go like selling their Homes for bitcoin and it is very hypothetical prediction to be honest

 

[SCAMEXPOSER]

Some predictions can only be an illusion abd they remain that for a very long time. I see more of 25 -30k price than any of the other bogus price

I agree with you , it is better to give a short time predictions because they easily come to reality unlike the Long time predictions. $25k is realistic.

 

[Brain]

I agree with you , it is better to give a short time predictions because they easily come to reality unlike the Long time predictions. $25k is realistic.

This is it, giving a short term prediction always come true more than long term predictions. All the talks about $500k rate is just a bogus rate that might never happened

 

[SCAMEXPOSER]

This is it, giving a short term prediction always come true more than long term predictions. All the talks about $500k rate is just a bogus rate that might never happened

That's true , I don't believe in such prediction of years but within the year prediction I do work with such especially those ones with facts to back their predictions.

 

[CrazySher]

Who is Max Keiset

In his latest "Keiser Report" TV show, Max Keiser predicted that Bitcoin could reach $500,000 because of global competition to control the majority of Bitcoin's hash rate. Iran has already controlled at least 3% of the world hash rate. Added to the fact that Venezuela has just recently accepting bitcoin payment, it's only a matter of time before US enter the hash rate war. A competition between these countries will possibly raise bitcoin price due to increasing demand.

Who is Max Keiser? I think on the bitcoin many famous people just predict and give their opinion without knowing the logic behind it. Just predict by watching on the recent performances, which is not a great idea.

 

[sagefave]

I'm currently having 0.0003 btc and am looking to acquire more bitcoin satoshi though I may never own a whole bitcoin but hopefully if the price gets to $500,000 and I keep collecting bitcoin that's some good profit