11/09/2021
Do you believe bitcoin will go to $100,000 or more?
This topic was shared by Hunter once back in June, except back then it was purely about asking if you believed, and if you did, it was about how to make a $4,000 contract with $100.
This time it's different, because back then it was just a market expectation that bitcoin would reach $100,000, but recently some financial gurus, cryptocurrency gods, or professional analysts have come out and said that bitcoin will go up to $100,000, even by the end of this year.
Today Hunter is going to list the big names that say bitcoin will reach $100,000.
The earliest, the first one to claim that bitcoin will be worth more than $100,000, I believe if it's the cryptocurrency community knows him, he is the late John McAfee, the father of antivirus software, he tweeted in 2017 that if bitcoin didn't reach $500,000 in three years both in 2020, he would eat his JJ and broadcast it through TV stations, unfortunately we haven't had the chance to witness That moment, he's gone.
On January 4, JP Morgan said bitcoin could rise to $100,000 by 2021 - but it also warned that the spike would be "unsustainable".
On June 12, PlanB said bitcoin could still reach $288,000 in the next three years.
On June 13, Bloomberg strategist Mike McGlone also said that declining supply is the bullish trump card for bitcoin, which could reach $100,000 if past patterns hold.
On July 18, billionaire venture capitalist and bitcoin investor Tim Draper said he still believes his previous prediction that bitcoin will reach $250,000 by the end of 2022 or early 2023.
On Aug. 14, the Grayscale founder retweeted his June 22, 2019 tweet today with the message "$100k is a magnet." On June 22, 2019, Barry Silbert tweeted "$20k is a magnet", which seems to suggest that the price of bitcoin will reach $100,000.
On August 23, Su Zhu, co-founder and CEO of Three Arrows Capital, tweeted "$88,888 $BTC" and replied to a user's message that he didn't think it would take more than two months. Although this doesn't mean $100,000, it's worth mentioning.
On August 27th, Blockstream CEO Adam Back: Bitcoin price is likely to reach $100,000 this year. He said that after analyzing bitcoin options prices, it is "very likely" that the $100,000 target will be reached this year, and in the long run, it is feasible for bitcoin to trade at $500,000.
On September 1, Anthony Scaramucci, founder of SkyBridge Capital, said Bitcoin could still reach $100,000 by the end of the year, mainly due to the exponential growth in demand each month.
On September 2nd, Jurrien Timmer, Director of Fidelity Investment Collective, predicted that Bitcoin will reach $1 billion by 2038! By far the most exaggerated prediction, he backed up his claim with a 4-hour BTC/USD chart, from which he derived a Stock-to-flow Model that matches his Demand Model.
On September 3, Chainalysis CEO and Kraken co-founder Michael Gronager argued that bitcoin could still exceed the $100,000 level by the end of 2021 as adoption expands and regulatory clarity emerges.
On September 5, almost three months later, Bloomberg Commodity Strategist Mike McGlone was again long Bitcoin, stating that Bitcoin is a global reserve asset headed for $100,000, with $100,000 BTC and $5,000 ETH being the "path of least resistance" as both assets experienced a 50%+ rally throughout the summer. Both assets experienced pullbacks of more than 50% throughout the summer.
On September 8, Standard Chartered Bank's cryptocurrency research team predicted that Bitcoin will soar to $100,000 by the end of this year or early next year, and could reach $175,000 in the long run.
On September 10, investment influencer Marko Zlatic said he is an old-school value investor, but he is also a "bitcoin maximalist. He breaks down why he thinks bitcoin will hit $100,000 this year and why it is so big that he thinks it could replace gold as a store of value in his portfolio.
From a low of $88,888 to a high of $1 billion! These are all titled fund managers, or asset heads, or chief investment officers, who can say and believe that they have done huge research, and if you were blindly convinced that bitcoin would reach $100,000 before, you don't have to be blind now, because they've done your homework for you, dare to believe it!
Previously, Hunter said that if you set a goal to save up one bitcoin over the next 10 years by trading or buying regularly, you'll be a millionaire in 10 years, depending on whether you're a RM millionaire or a USD millionaire.
But now it seems like you don't have to work so hard, because if you only have 0.01 bitcoin, it doesn't matter, if bitcoin does reach $1 billion in 2038, you'll be a millionaire at least, hahahahahaha! If you have 0.01 bitcoins at this moment, then I will congratulate you in advance for being a millionaire !