re: At $9600 per, Bitcoin is expected to hit the $10,000 mark today.

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3 Trillion.
BTC alone will hit $40,000 next year.

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I’ve heard everything from 1T to 8T. I haven’t heard anything from anyone, even the respected dinosaurs bank loving haters of blockclain with a valuation that starts with a B valuation. Not all that money will pour into bitcoin of course, but to think the global market of crypto is 350B tells me this is a long viable play. While it may be fun for some to buy low and sell high, anyone who starts DCA’ing crypto stands to make healthy gains

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What basis do you have for these predictions?

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Literally the post above you.

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I am asking what information you are basinyour predictions on

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They are not my predictions. The last week there has been a non stop barrage of talking heads on CBNC, FOX Business, etc...regarding crypto market. From the info provided, I have seen no one say that the current market cap of 350B is even scratching the surface. Most are between 2T-6T. Taking that low number, we should see 5x growth in the crypto sector. Not gospel, but a 10k bitcoin in a market that’s predicted conservatively by most to grow 5x equals 50k.

Edit - my response is to the quoted post you deleted while I was typing

Again, these are not my predictions

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So you take only the talking heads you like to heart. You ignore the ones saying that this is a bubble. Got it

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In the short term many are saying the crypto market is a bubble and will see correction. We saw one yesterday, almost 30% off its highs. If you want a heated debate about miles 2 through 3 of a marathon i'm not interested. I think its stupid and a total waste of time.

Global crypto market cap is 350B. If you believe market cap is overvalued at 350B, a vehicle to short that market will be at your disposal in 10 days. If you believe its worth more, as I do, a vehicle already exists to invest in that market.

Good luck!

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You ignore the ones saying that this is a bubble.

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Someone's always screaming, "Bubble!". They've repeatedly been proven wrong. That's what you're ignoring.

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It fell to well below 9k on one exchange. Then they shut the exchange down due to a "service interruption


Oh yeah, all this seems legit.

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You think they shut down intentionally and that was good for them?

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You questioning anyone's predictions about bitcoin is kinda funny considering this thread links your bitcoin thoughts from 2014.

Just sayin...it's basically done the opposite of what you've "predicted"

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Did it not crash? Why don’t you go look up some of the threads where i said it would crash

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Someone's always screaming, "Bubble!". They've repeatedly been proven wrong. That's what you're ignoring.

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Like when the price fell from about $1500 to $200 and then took 2 years to make any appreciable gains?

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Did it not crash? Why don’t you go look up some of the threads where i said it would crash

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So all of your predictions since 2014 on bitcoin, how would you describe them?

I saw a thread, I'd say you missed the boat entirely, that seems entirely fair of me to say, no? Or will you say you all along thought there could be a day in 2017 where it would be $11k+?

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My bad, i gleaned over it and saw legit at the end, that’s how i ended one of my posts about it earlier in the thread

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All good