Bitcoin to reach $1 million

[Anonymous No.19503755]

Just watched an interview with this Raoul Paul from two days ago and he seriously believes that BTC will reach $1 million and that when we reach $20k again, then the (((family offices))) will also jump on board.
How fucking retarded is this subhuman piece of trash?
>implying those (((family offices))) haven't bought in several years ago
>implying the price of BTC is fueled by retail investors and not by the Tether Mafia

[Anonymous No.19503765]

>>19503755
Link to video. Not really worth it though imo. A lot of wishful thinking
https://youtu.be/YdfH3F4ZDhc

[Anonymous No.19503788]

>>19503765
go join a pink floyd protest gay poor. youve been PRICED OUT

[Anonymous No.19503812]

>>19503788
kill yourself you retarded piece of shit.
You can't even bring up counter arguments

[Anonymous No.19503814]

>1 million dollar btc
imagine the fees on this unscalable shitcoin

also as soon as we hit 20k there will be a massive dump from all the people getting cold feet from flashbacks from the last time btc neared 20k

[Anonymous No.19503850]

>>19503812
>why no arguments
because none are needed. there is a simple fact: you have been PRICED OUT.
seethe more loser.

[Anonymous No.19503854]

>>19503850
neck yourself you delusional retard

[Anonymous No.19503861]

>investor talks his book
I'm shocked

[Anonymous No.19503868]

>>19503850
Based

[Anonymous No.19503881]

>>19503814
>imagine the fees on this unscalable shitcoin
Fees are paid not charged

[Anonymous No.19503917]

>>19503814
yes there will be a dump at 20k but this time, it will unironically keep going up.

[Anonymous No.19503924]

>>19503917
There are no buyers though, apart from the Tether cartell

[Anonymous No.19503957]

>>19503755
> Dollar will go up
Dollar crashes
> Bonds will go to negative
Bond interests start going up
> 1930's type dead cat bounce crash
Markets near all time high
> Gold is going up
Gold starts crashing

Doing the opposite of what this charlatan suggests seems to be a winning strategy at the moment.

[Anonymous No.19504841]

>>19503924
this isn't going to happen for another year

[Anonymous No.19504856]

>>19503755
Bitcoin is slow as shit. like GTFO with that dino shit

[Anonymous No.19504880]

>>19503755
>shilling Bitcoin while pretending to be against it

[Anonymous No.19504900]

All I know is this dude sits on a beach in Cayman islands and sells doom porn.
Be careful

[Anonymous No.19505181]

>>19504841
There will be a new all-time high at the end of November or early December 2020.

[Anonymous No.19505362]

>>19503755
I believe him. I hodl since 2014 and will only sell when it fucking reaches at least half a milion. No one can change my mind.

[Anonymous No.19505792]

>BTC will break 12Trillion MC

[Anonymous No.19505952]

>>19503755
We need the hype of BTC to $1million to start circulating now so when the new money and dumb money come in around the next bullrun we will be able to unload on them at $100k, $150k and possibly even $200-250k prices
Remember last time around when hypester YouTubers were saying it could go to $50-60k when coinbase became the #1 most downloaded app on the app store and BTC had doubled in under two weeks?

[Anonymous No.19506148]

>>19503755

shall we listen to every delusional boomer lmao

[Anonymous No.19506177]

>>19505952
I dunno, thinking it could break $3T seems sort of crazy to me.
Maybe you're right.
In fact, I hope you are. But, dude...
Three trillion is a fucking lot.

[Anonymous No.19506201]

>>19506177
>$3T is a lot
Imagine thinking this on Jun 3 in 2020

[Anonymous No.19506263]

>>19506201
You realize that something like five coins are over a single billion in MC, correct?
We're talking about one single coin (yes, it's the golden goose, but it's one single coin) breaking THREE TRILLION market cap.
That's just a fucking ton, man.
If BTC alone goes that high, we could easily see a single trillion consist of every alt...
This is a giant portion of the economy. Wouldn't a lot of fiat need to disappear for this to happen?
A contingency like this would be something like a few hundred insanely rich people putting in billions. Why would they even care to do that? That would inflate it like mad and they'd have to know they'd have no one to buy their bags.

This just hardly makes sense to me.
Throw me an ice pack or something, anon. My brain hurts.

[Anonymous No.19506931]

>>19506263
number can go anywhere it wants anon. until Bitcoin, trust had no unit(s) of account in spite of being the most important asset

[Anonymous No.19507163]

>>19506263
simple portfolio theory would demand a cautios position in bitcoin. so a few billionaires and a few private funds would have to dump a few billions into it.

[Anonymous No.19507443]

>>19503924
>no buyers
sure, let's just forget about Grayscale ALONE buying 150% of the ongoing btc supply hitting the market since the halving. get the fuck outta here

[Anonymous No.19507457]

>>19503755
cope

[Anonymous No.19507656]

>>19506263
Just give it up. You don't understand what market cap is.

[Anonymous No.19507698]

>>19507656
I won't deny I'm new, but it seems like there's a lot that needs to happen with the global economy to allow it to jump that high.
Maybe I shouldn't have hoped that oldfags would help the newer crowds get a feel for things...

[Anonymous No.19508012]

>>19503755
that guy is a faggot larp.

[Anonymous No.19508222]

>>19503881
this is exactly the kind of bullshit non-statement I expect to hear from a coping maxi

[Anonymous No.19508268]

>>19503755
why do redditors have to come here?

[Anonymous No.19508296]

>>19503755
>How fucking retarded is this subhuman piece of trash?
Stop projecting retard
>>implying the price of BTC is fueled by retail investors and not by the Tether Mafia
You are giving them way to much credit, sure they are a scam.
Everyone here should all atleast watch the free shit on youtube
t. subscriber

[Anonymous No.19508308]

>>19508222
>maxi
Newfag spotted

Daily reminder '17+ fags opinions are worthless

[Anonymous No.19508349]

>>19508308
>listen up kid, fees are paid, not charged
rly lmaoing @ u rn

[Anonymous No.19508370]

the true value of a buttcoin is around $200. it was pretty stable around $100-200 before the glowies and CCP started their PNDs

[Anonymous No.19508371]

Why does anyone think BTC will reach $20k again, much less $15k, or even $12k? Zoom out on the chart you simpletons. BTC is following the same pattern as every single shitcoin that died or is on life support since the 2017 bullrun. Don’t be naive, It’s going to zero and will likely never recover. It’s just going to get there on a much longer timeline than all these other shitcoins

[Anonymous No.19508380]

>>19508349
Retard you don't even know what you're talking about, that maxi term was invented by Rodger Ver when he was shilling Bcash.
If you think the 'maxi' is real seek help retard.

Thanks for outing yourself as a newfag

[Anonymous No.19508412]

>>19508380
>bitcoin lore
been here >10 years and I have no idea what you are sperging about

always remember: fees are paid, not charged

HAHAHA fucking retard maxi

[Anonymous No.19508452]

>>19503755
What’s up? Based alpha boomer is bothering you? Because he worked at Goldman Sachs? Because he writes the GMI which costs yearly 50k to get? Because he has a house in cayman and a vacation house in little cayman? Because he made it?

Kek. He is more successful than you can ever dream of. Keep coping faggot.

[Anonymous No.19508579]

>>19508412
>been here >10 years
Still new to crypto though obviously
Stay poor

[Anonymous No.19508609]

>>19508452
it's a PND, dumbass

[Anonymous No.19508680]

>>19503957
>thinking short term
enjoy getting being poor

[Anonymous No.19508687]

>>19508452
Retard

[Anonymous No.19508688]

>>19508579
I'm fine bud, pic rel is ~10% of my net worth

might even be able to afford a bitcoin tx or two

[Anonymous No.19508698]

>>19503755
tether is small cap and most of it is used in international trade not buying other crpyto

[Anonymous No.19508729]

>>19508688
KEK , imagine thinking this is a rebuttal. The maxi term is BS but ffs you are truly a mETH head.
Keep posting further conformations of you being newfag.

[Anonymous No.19508750]

>>19508729
the way you phrase everything makes you sound so fucking retarded

french?

[Anonymous No.19508841]

>>19508750
Anon, stop & think for a while, you've shown me you hold 1 coin. this said coin is not the market favorite & a dismal amount of derivatives. You are the 'maxi'. Stop projecting yourself onto others. I'd rather sound retarded than be actually retarded
Best of luck with your mETH addiction newfag.

[Anonymous No.19508875]

>>19508841
I'm unironically and shamelessly an ETH maxi, lmao

what I don't want to be is a BTC maxi, because BTC is garbage vaporware with no scaling pipeline

hit and miss, frenchie

[Anonymous No.19508888]

>>19508875
Again, Daily reminder '17+fags opinions are worthless.
Stay close minded, Markets always need dumb money.

[Anonymous No.19508943]

>>19503755
Idk about that, I am shorting them on Phemex with 100x leverage right now....

[Anonymous No.19508949]

>>19508888
>close minded
keep parroting dumb platitudes like the rest of the BTC kool-aid drinkers

Ethereum is a superset of BTC and is superior in their tiny overlap TODAY, BEFORE ETH 2.0; how can you possibly believe BTC is the future of crypto and also be able to dress yourself in the morning

>fees are paid, not charged ;-)
so easy to be a methhead when 99.999% of BTC supporters are actual morons

[Anonymous No.19509137]

>>19508949
>keep parroting dumb platitudes like the rest of the BTC kool-aid drinkers
Holy fuck balls, you are in just one coin...you said BTC is trash. Thats close minded AF
>Ethereum is a superset of BTC and is superior
Daily reminder '17+ fags opinions are worthless
>easy to be a methhead when 99.999% of BTC supporters are actual morons
kek keep projecting, BTC is an actual tradable asset that has liquid derivatives for hedging. best of luck on your Long or Short position while big daddy controls the market.

Last post from me, no point talking to the close minded.

[Anonymous No.19509211]

>>19509137
>not buying vaporware coins is closeminded
so tiresome to talk to brainlets

if you do less because you REASONED yourself into doing less, you are not being closeminded, you are being RATIONAL

this didn't have to be said if you weren't retarded

[Anonymous No.19509664]

>>19503850

incredibly based. the miserable state of nocoiners

[Anonymous No.19509669]

>>19505181

we'll be nearing 20k eoy but won't surpass it until early 2021

[Anonymous No.19509738]

>>19506177

it's not. Bitcoin has 5/6th the stock-to-flow ratio of gold RIGHT NOW. that's right, Bitcoin currently has 5/6th the scarcity of gold. In another four years, it will be TWICE as scarce.

Gold's marketcap is around 9 trillion right now. 3-5 trillion for Bitcoin is absolutely doable this cycle, especially when you consider that Bitcoin is much more useful than gold due to its incredibly high portability and has an intrinsically better design for storing value -- difficulty adjustments, halvings, an actual hard cap, etc.

the fundamentals are there, it's just a matter of demand catching up. always invest thinking of the medium-to-long term. don't bamboozle yourself by thinking "oh man it could never go up that much, at least that's how it seems right now!" its current 100 billion marketcap is insane, and seemed like it to people in 2016 -- yeah, the year Trump was elected, just a few years ago -- yet the fact barely elicits a shrug today. But Bitcoin IS crazy, as crazy as the internet and the printing press before it.

[Anonymous No.19509790]

>>19506263

the marketcap is not equal to the amount of actual wealth in an asset. It's merely the amount that would exist if all of it could be extracted at the current price -- an impossibility. a relatively small amount of money can push an asset a surprising amount if its MC is still low. This is why Bitcoin still has such a high amount of day-to-day volatility -- being relatively small, small amounts of money can push it around.

as Bitcoin grows, more and more wealth is required to move it. A 10% bump now requires much more money flowing in than it did in 2015. luckily, demand for Bitcoin only grows, its incoming supply only shrinks, and it's still a tiny tiny asset. explosive growth in a short amount of time remains very possible.

to give you an example of how possible, consider that the 20k high of last cycle was 20x the previous high of 1k. in order for us to reach 200k next year? we'd just need a 10x our previous high of 20k. for 100k we'd only need a 5x. so you can see volatility would still be decreasing, yet we'd still have mammoth jumps in the marketcap.

[Anonymous No.19509833]

>>19508371
>It's going to 0
How many times has Bitcoin died now? I've lost count.

[Anonymous No.19509890]

yes, it will happen because USD is going to become shitpaper

[Anonymous No.19509956]

>>19509890
This.

We are due for a complete financial reset. Monetary feedback loops are locked in and the system is ready to pop the top.

If you don't see the signs already: good fucking luck.

[Anonymous No.19510153]

>>19509738
the thing that puts me off believing this is the fact that altcoins exist. After the dot com bubble, the true internet titans who currently dominate the world ( apple,amazon, facebook, google etc.) were either created, or became established. All these altcoins surely need to be completely purged, and I cant see BTC holding march 2020 lows if they do. I do have a small BTC position, enough that if I am wrong and we go to $100k-200k my life will change, but its also small enough to the point that I wont be affected if it goes to 0

[Anonymous No.19510424]

>>19509211
>>19509137
the truth is you're both retards for being maxi anything. bitcoin and ether are not the same thing. bitcoin will never be used for micro-transactions or to "buy coffee." Who cares if it's a dino coin? I want security, and bitcoin was the first network to be secured without pre mining scam shit. on the other hand, the ethereum blockchain might be the first defi platform, and lots of devs working on projects, making the blockchain credible and giving it utility. I see both coins doing well when they reach their next blow off top in 2023.

[Anonymous No.19510443]

>>19505181
>>19509669
i personally doubt that. don't think we'll hit previous ath till 2021.

[Anonymous No.19510528]

>>19510424
Where did I say I was 'maxi' anything?
That faggot bitches about btc maxis but is a fuckin eth maxi himself. Hence why I stopped replying.
> bitcoin and ether are not the same thing.
No shit

He was an obvious newfag please know that >>19508380 was also me.
Don't lump me in with that retard.