Image
🏄 What's your Mission? PyndanEX™ 🔎 Discover The Possibilities We're Spreading Results! powered by Surfing Waves We're Spreading Result Allocated Industries\ Dimdotworks, Inc. Intellectual Property Allocated Industries Disclaimer Privacy Policy                                            Is An Equal Opportunity Partnership Endeavor To Where It Matters priceages.com Ticker Tape by TradingView Allocated Industries 2021© Priceages Magazine ALL RIGHTS RESERVED HC ALLOCATED INDUSTRIES CORPORATION | ALL RIGHTS RESERVED “ᴏᴜʀ ғɪʀᴍ ʙᴇʟɪᴇғ ᴛʜᴀᴛ ᴠᴀʟᴜᴇ ʜᴀs ǫᴜᴀʟɪᴛɪᴇs ᴛʜᴀᴛ ғᴀʀ ᴇxᴄᴇᴇᴅ ᴀɴʏ ʙᴀʀʀɪᴇʀs ᴏɴᴇ ᴄᴀɴ ᴇғғᴇᴄᴛɪᴠᴇʟʏ ᴄᴏɴᴛʀᴏʟ ᴛʜᴇɪʀ ᴇᴄᴏɴᴏᴍɪᴄ ᴅᴇsᴛɪɴʏ ʙʏ ғᴏʀᴍɪɴɢ ʟɪғᴇ ʟᴏɴɢ ᴡᴏʀᴋɪɴɢ ʜᴀʙɪᴛs, ᴛᴇᴄʜɴɪᴄᴀʟ sᴋɪʟʟs, ᴀɴᴅ ᴇᴅᴜᴄᴀᴛɪᴏɴᴀʟ ʙᴜsɪɴᴇss ᴠᴀʟᴜᴇs sɪᴍᴜʟᴛᴀɴᴇᴏᴜs ᴛᴏ ᴇɴʀɪᴄʜɪɴɢ ᴛʜᴇ ᴄᴏᴍᴍᴜɴɪᴛʏ ᴀʀᴏᴜɴᴅ ᴛʜᴇᴍ… “ᴇɴᴠɪsɪᴏɴ ᴛʜᴇ ᴡᴏʀʟᴅ; ᴄᴏᴏʀᴅɪɴᴀᴛᴇ ʏᴏᴜʀ ғᴜᴛᴜʀᴇ”

Bitcoin Price Could Reach $100,000 – Peter Schiff

Bitcoin skeptics Peter Schiff, who once claimed that Bitcoin (BTC) will never reach $50,000, is now saying that the possibility of Bitcoin reaching $100,000 cannot be ruled out.

In 2019, CNBC host Joe Kernen predicted that Bitcoin prices would reach $55,000 by May 2020. At the time, Schiff refuted this forecast and said “Bitcoin will never hit $50k.”

Although slightly delayed, Bitcoin prices eventually hit a record high of over $50,000 this week. On Twitter, the crypto community made a comment on Mr. Schiff’s past remarks.

Schiff, however, said he “cannot rule out” the possibility of Bitcoin prices reaching $100,000 following his misprediction. On the other hand, he said, “It is inevitable that it will drop to zero.” “If you want to gamble, you should buy gold,” Schiff, a Bitcoin skeptic and ardent supporter of gold, claims in his tweet.

Bitcoin breaks above $51k

On February 17, the premier cryptocurrency updated its historical maximum at levels above $51,000. At around 10:05 GMT, Bitcoin was trading near the $51,631 level on the Bitstamp exchange.

Data: TradingView.

According to the data aggregator CoinMarketCap, the market capitalization of Bitcoin has exceeded $960 billion. The Bitcoin dominance index has also risen to 61%.

Data: CoinMarketCap.

The flagship cryptocurrency broke the psychological mark of $50,000 on Tuesday, February 16.

Earlier, the founder of the cryptobank Galaxy Digital, Mike Novogratz, said that American companies will follow the example of Elon Musk and start investing in Bitcoin. In his opinion, this will lead to an increase in the price of the asset to $100,000.

If you have any questions and comments on Bitcoin today, use the form below to reply.


© MarkStevenson for Commodity Blog, 2021. | Permalink | No comment |
Published under: Bitcoin

Via Commodity Blog https://bit.ly/2OA2lVq

Popular posts from this blog