Three months ago when Bitcoin was under 3K, I wrote an article here on Steemit where I said Bitcoin was going to 5K and beyond.
Now I am upping my game..
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Gregory Mannarino @marketreport
This is just the beggining, there's plenty of room for growth. Take a look here: https://steemit.com/bitcoin/@cryptoeagle/cryptocurrency-wallet-users-vs-facebook-users-where-are-we-now-making-the-case-for-the-million-dollar-coin
very interesting. Imagine if steemit drains the facebook swamp. Paid vs not paid, it's obvious who would win
Bitcoin 20,000 in the next 3-5 years
at the current growth rate, it should be 20k next year and if Greg is right, 10k at the end of this year.
Look at bitcoins price manipulation!
https://steemit.com/bitcoin/@tornadojoe/manipulated-busted-red-handed-bitcoin
I think 10k is a little conservative! I'm thinking 15-20k at the least!
Yes, it's already 5k now, so 10 k would be very close , i also think 15k at least. Stephen Kendall is predicting 1 million by 2020
I agree with your number .
Only doubling in a year? 😎
Wait till you read my Pocket Change Theory...
@pocketechange
Is there still time to buy, but in steps while the price moves over a period of say six months and no more one can afford to lose? (This is not investing advice)
While you're thinking about BitCoin, also think about what was going on in the Roaring 20's and what followed...
@pocketechange
Bitcoin 20,000 in the next 3-5 years
Interesting, Cryptos, Blockchain etc...
With the rate its going up it could be at 10k by early next year (6months)
Well... I've been saying that four, $25 Rolls of One Dollar Coins will hit $10,000 in Buying Power...
But I think it will be sooner than next year... Think RESET of our Coinage...
@pocketechange
You haven't been wrong many times. The only thing that will keep investors away from bitcoin is some kind of outside interference.
I see it hitting close if not over 5000.00 this weekend, little bold about 10,000 within a year but very possible!!!
The only trouble I see with BitCoin hitting $10,000 is that it will only have the buying power of 100 dollars in Pocket Change... Naturally, PC will have that increased Purchasing Power of 100 Fold...
@pocketechange
I'm not sure how 100.00 of pocket change will have only 10,000 of bitcoin, or make a difference verses paper money. its what people are willing to accept and believe to have value is what makes it valuable.
I look at what happened in Zimbabwe and Venezuela, the value of their currency devalued so swiftly that all their coins couldn't buy you a week of groceries.
I even will go as far as look at Texas right now.
When the crisis hits, and something has to give, no matter what the reset is, whether the evaporation and worthless dollar, into a digital currency, which is what we have now, lots of places not even accepting cash these days, unless you have a debit card, you could have a fist full of 100's or a jar full of change and it wont get you a beer on a plane.
We are in some interesting and actually dark days, the people on the streets of Texas are looking for food and shelter, people are as always profiting from disaster. There are thousands just wanting to eat, would give all the cash in hand for it, so it really matters on just what the situation is.
But i do believe in they have to reset and have something to back it up, which brings me back to a gold standard, with china buying up Gold and Germany repatriating their gold, Russia stocking up,it gives a somewhat picture of where this is headed.
Even with a Gold Standard, the Gold will still be valued in Pocket Change after the RESET and Transfer of Wealth... The one thing pocket change has going for it is listed in Article 1, Section 8 of the United States Constitution which says... Congress has the Power to Coin Money and "Regulate" (RESET) the Value thereof... We won't be doing what Zimbabwe or Venezuela did... Yours was a great comment... Thanks...
@pocketechange
I love that your into the bill of rights, wish more people were.
I get what you saying, but with this generation of reaction and not taking time to learn history, they look to erase it, unfortunately that's what Stalin and hitler did, as well as every culture where they become dumbed down by burning books, believing in a leader who manipulates their minds and creates hatred toward each other, there's two things we learn from history that is in effect today, devide and conquer technique and the Hegelian effect of create a problem, have the solution and wait for the reaction.
As far as article 1 section 8
Congress controls the minting of money and (theoretically) sets its value. In practice, the creation of the Federal Reserve Bank in 1913 transferred most of the power over setting the value of the dollar to the Fed.
But after the last bubble bust in 08, the Fed reserve has not been able to balance its sheets. They are in a hopeless situation,
The imf has become the most powerful and after listening to Jim Rikkard about sdr rights, which is special drawing rights, the banks and special elite are the ones creating and destroying wealth.
It's why we will have a reset, and it will as far as I believe , backed by gold.
Great reply, but our Monetary System will never be backed by Gold or Silver... You'll still be able to buy Gold and Silver with our Medium of Exchange however... We can't set a permanent value on Gold and Silver... We tried that before and it didn't work... Our New (Debt Free) Dollars will be backed by Common Pocket Change... The National Debt will be paid in full and our Income Taxes will all be going down... We are about to make America Great Again, just like President Trump has been saying...
@pocketechange
meep
meep
meep
exactly still very possible
Everyone keeps forgetting about the RESET and Transfer of Wealth...
@pocketechange
Hey, it is the only asset class keeping up with the real rate of inflation!
We are hitting 5k by labor day. Mark my words.
marked
I better get an upvote when this thing hits...
Have upvoted, followed and would resteem your post shortly. Meanwhile you could check my profile on a post I made recently concerning the introduction of STEEMIT debit card as well as boosting STEEM earnings using steemfollower
See link below:
https://steemit.com/steem/@mickyscofield/join-the-steem-follower-team-and-watch-your-steem-profile-grow
Agree.
Agree, what...???
@pocketechange
Bitcoin To Hit $10,000 Within One Year :)
I agree with you . resteem it
This post has been ranked within the top 50 most undervalued posts in the second half of Sep 01. We estimate that this post is undervalued by $30.62 as compared to a scenario in which every voter had an equal say.
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Believe it or not, with what I have been saying, I'd have to believe that my posts are the number 1 most undervalued posts on Steemit... Each one should be worth thousands...
@pocketechange
Any predictions or gut feelings on other crypto coins like Ethereum, Litecoin?????
Anybody???? :-)
Greg,
I think you are fun, but I have to admit, I get more utility from posts like this:
https://steemkr.com/gold/@kyriacos/gold-is-useless
Sorry, not trying to troll or get a rise; just want to "draw you out" on this subject and I am genuinely interested in your opinion.
And it might be a great "next post" idea, if you have an in-depth opinion..
Best, Surfyogi-
really great news
upvote
BTC will be $13,000 USD by March 2018. Probably $18k within a year.
I think it is possible. If Gold and Silver was not manipulated it would also be that high. Some big players are trying to drive the price down. Concerned if countries decide to not allow it to be traded or converted to dollars.