Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: raisajahan on January 24, 2021, 11:45:08 AM
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It is impossible to say. It’s value may increase to $100K at some point of my thinking. Also never get back to $40K again ever.
One thing is for sure people will realize that Bitcoin is just one of top of cryptocurrencies, and that if crypto is ever going to become mainstream, it will most likely be a new one, that doesn’t exist yet. There is no chance in hell that banks and governments will spend trillions to buy Bitcoin when they can just create their own crypto for free. One that is perfectly optimized for the intended use as a currency and doesn’t have the flaws of existing ones.
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In 2021 Bitcoin has shocked people.No one imagined that the price of Bitcoin would increase so much.The current price of Bitcoin is 32666$.The price of Bitcoin rose above 40,000$ but over time the price of Bitcoin has dropped again.None of us can say exactly where the price of Bitcoin reaches.Let's just wait and see how far Bitcoin can go.
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In my opinion, the prediction of bitcoin price for this year will reach $ 100k because of the high demand for bitcoin and the lack of supply that is what causes bitcoin to continue to rise to reach $ 100k.
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For me Bitcoin's price will hit $50,000 before year ends. A lot of factors will affect the movement of the price like adoption, investors, exposure and many others. I know there will be a lot of things to happen this year and that is what we are going to be prepared of.
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Maybe they can create their own crypto but the question is,"how big the chance to it to become successful?"
Also, why would they need to create if bitcoin is the best digital asset that can fill their pocket more?
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There is possibility that bitcoin can hit $100,000 price this year who knows maybe in November or December. I know it's impossible but bitcoin keeps surprising us, hitting $40,000 which was unbelievable so what more in the next months.