It is predicted that Bitcoin will reach 50000$ by the end of this year!!!

in #bitcoin6 years ago

It is said that bitcoin will reach at a price of 50000$ by the end of this year not by someone else but by himself the founder of bitcoin Arthur Hayes!
Even though Bitcoin has come down massively that is it has come down to a price point of 6000$ but still the founder remains positive on Bitcoin.
Though my prediction is after the ban in India on bitcoin the price will go much low than it is now but after that the bull run will start in it will go huge!
If bitcoin hits 5000$ the whales will be sooooo happy.
It is not that bitcoin will go straight from 6000$ to 50000$, the whales will keep it going up and down and making it large!
Do not quit on your investment!

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You got a 22.36% upvote from @slimwhale courtesy of @jyotiranand!

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gave you too

Bitcoin will break all records
All we need is patience
@jyotiranand

its some possible ,but 30000$ must will crosss

Yes that will cross 100% :D

This post received upvote from @tipU :) | Voting service | For investors.

No creo que llegue a esos límites, posiblemente su precio irá subiendo de manera progresiva, pero sin realizar esos picos como el de diciembre del año pasado.
Su valor de mercado ya se ha adecuado a un valor real, y se mantiene ahí por ser la primera criptomoneda, pero no aporta más valor del que ya se le ha dado.
Posiblemente a muy largo plazo sea una inversión parecida a un SP500 o similar.
Eso sí, con una alta volatilidad debida a hackeos, forks, regulaciones gobernamentales que alteran su precio.

EN
I do not think that it will reach those limits, possibly its price will go up progressively, but without making those peaks like the one of December of last year.
Its market value has already been adapted to a real value, and it remains there because it is the first cryptocurrency, but it does not provide more value than what has already been given.
Possibly we will see in long term, an investment similar to an SP500.
Of course, it will have high volatility due to hacks, forks, government regulations that alter their price.

Thanks for english version first of all and yes I agree it may not reach that level butofcourse it is a long term investment!

Wow. I hope so. Altcoins like steem will rocket up.

And when steem rocket ups we male alot of bucks :p

Yeah buddy!