How does Bitcoin reach $ 100k



How does bitcoin achieve $ 100,000 when it are unable to even get above $ 10,000 in this online video, I am going to make clear how it gets over $ 100,000 and even talk about when. I know, I can hear all people indicating that Bitcoin is reaching $ 100,000 seems mad, but after you see wherever the dollars is coming from you will fully grasp it a lot much better. Permit me know what you think ** Download THE Absolutely free Information ** YOUR Approach FOR 2020 | 4 Pillar Blueprint Suggested Video clips to Look at: How Is Bitcoin Doing? Future Global Financial Technique 👇 SUBSCRIBE TO MY CHANNEL NOW 👇 ★ ☆ ★ Hook up WITH MARK ON SOCIAL MEDIA ★ ☆ ★ Fb: TWITTER: INSTAGRAM: LINKEDIN: ★ ☆ ★ Current market STORERS PODCAST ★ ☆ ★ Job interview with the most effective Blockchain developers and buyers ask the questions you really should have if you experienced obtain so that you have a head commence to spend in the marketplace Apple iTunes: Stitcher: Disclaimer: I am NOT a economical advisor, and practically nothing I say is supposed to be a advice to do everything to get or provide fiscal instrument. I will Never ever ask you to send me income to trade for you. Remember to report any suspicious e-mail or phony social media profiles boasting to be me. Will not invest dollars you cannot afford to pay for to reduce. There are no ensures or security in buying and selling or investing. My videos could consist of affiliate back links or sponsorships to solutions that I consider will insert worth to your daily life and assistance you trade. Whatever I or any person else says, it is important to do your very own exploration prior to generating any monetary determination regarding cryptocurrencies. #bitcoin # bitcoinprice2020 # bitcoin100k.

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40 thoughts on “How does Bitcoin reach $ 100k”

  1. Hi Mark, thanks for the video. I'm new to this. Have 2 questions:

    1- Store of value counter-argument: if new electronic systems are created solving the problems bitcoin has, wouldn't that kill bit coin completly? Heard about the 'hashgraph' technology as a very strong contender to the throne.

    2- Energy consumption counter-argument: hear that the mining of bitcoin is unsustainable energetically. What's your take on that?

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  2. Mark, (imo, and Warren Buffet has said as much), unless Bitcoin, gold, silver, dollars, or any other non-productive asset, somehow becomes a productive asset (ie. Produces an income, preferably reliably, and not from capital gains upon sale), then these things are exclusively the playing fields of Speculators (not investors) and will always be. Investing (vs. Speculation), requires productive assets. Though I realize there is some speculation in investing and Visa versa, it is far too common today imo for people to misuse the words, thereby thinking they are enacting an investment vs. a speculation (ie. Gamble). Our entire investment media is designed to keep you thinking about speculation, the big capital gains score, vs. Thinking about investment. Eg. Buying or creating a bitcoin based company that produces revenue and earnings is investment (likely). Buying a bitcoin in hope it will go up, regardless of the soundness of the logic behind the purchase, is speculation.

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  3. Hello Mark, thanks for the lovely videos. I stared looking for investing opportunities recently subscribed for your channel few days ago. Listening the video above all makes much more sense to me than before but wonder will this apply for the other crypto currencies and will that make a difference in the percentage distribution from the 3 main strains of money storages. Thank you for your time. Have a lovely day and keep doing more useful and interesting videos, I will be waiting to watch more 🙃

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  4. ok let me play devils advocate…

    Bitcoin yes its a fantastic system , absolutely the best in nearly every way now here is the BUT..

    The massive problem i see with this is the give me your hash key or i will shoot you problem and other scenarios that include your wallet being lifted.

    go…

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  5. Bitcoin is limited by the fact that the price is so volatile that no wants to use it for regular daily business the way that gold can. Thats why so few businesses even consider accepting bitcoin, also because of its expensive fees. Bitcoin also only works with electricity and internet, without it there is no Bitcoin, but there would still be gold. Bitcoin for many people is also difficult to use which results in many people losing Bitcoin in technical mistakes which turns people off. Also when fiat currency collapses, governments will replace it with gold or silver backed currency to stabilize it, not Bitcoin because of its volatility. Most people that buy Bitcoin are speculators that want to be rich, not because they think Bitcoin is useful.

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  6. I agree with the concept but the road is not that easy and that straight forward. When you say 10% from all. How can you say all will be gone into BTC? There are more than 4500 crypto currencies. Okay lets just consider top 10. Then the total $10T will be shared among them. The proportion may vary. yes BTC may get big chunk but still there are other crypto too. Second, it will be naive to think that when government loses control over assets they will just watch it. Look at Russia. 7 years prison for investing in crypto. More and more countries will take this stance. I doubt even USA will go that route when its government fears about crypto. How can I say this? Look at libra. Why was there such a gib panic about Libra? Facebook huge market shaken the government so badly. Third, We are just assuming that crypto will be the safest heaven assuming the underlying technology will not advance. With quantum computers, it will shake the crypto market and you may never see $1M/BTC. So, theoretically yes, it sound promising and any argument makes perfect sense. But we need to look all other aspects as well. We are talking 10 years market from now (because by now 1 BTC should have been $40K, based on the model) to reach it to $1M. So, personally I do not think, it will ever cross 150K (I am being very optimistic even for this number).
    Hold on crypto lovers, before you start cursing on me. I am also looking forward for it to reach Moon and I am playing the biggest gamble of my life on it. So, think for a while and comment. Thanks

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  7. Peter Schiff back in 2008 said $100 silver per ounce was a no brainer. It reached a high 40s and now is in the teens. I have a feeling just my gut saying that this guy’s prediction will not come true either. No offense to the author.

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  8. Bitcoins will go up in 2022 . Same cycle with house, stocks, and everything. It got crash in 2017 for them to price. Long term it is stable. Every year it goes up plus our money has no more value. I see it from 21k crash to 3000 in 2017. Bitcoins is decentralized and now PayPal take bitcoins in early stage which means it is introduce to us. By 2022 the media will talk more about it. If you go in early you profit. By that time bitcoins will be expensive

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  9. Once something is crash and it will be stable and valuable. Just like technology back in the days. Now we are introduce to webex meeting clients face to face. That just make me think our life is introduce to something different. Just like we are introduce to mobile deposit, webex,zoom,and bitcoins is gold digital where you can save in your computer.

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  10. Hi, Mark, thanks so much for your quality videos I'm trying to watch them all! I hope this isn't a dumb question but is Bitcoin the same thing as what George gilder is talking about blockchain systems?

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  11. #Bitcoin
    Just a few hours ago, I feel blessed to have clicked on Mr. Rober Kiosaki's radio channel where he was hosting a guest on this subject. That has somehow gravitated me to your channel. I can now see clearly the need to invest in Bitcoin. Please keep up with this great content. I am watching from Nairobi, Kenya. Thank you

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  12. Mark, I love your channel. I'd love to see you take on the impacts of the deflationary impacts of Bitcoin. For example, if bitcoin goes up to 500k, some people might be tempted to pay off their house and just live free. Then again, some might just continue holding it along with the debt because it will be worth more in the future. Additionally the dollars will be worth less in the future. Can you make a video discussing the impacts of this from your perspective?

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  13. I am a bit new to bitcoin, but have a fundamental question. I realize it is not regulated, but what if governments disallow it to be used as currency to purchase. There will still be a black market, but will hamstrings its versatility. Gold has been recalled before, why not Bitcoin?? If this happens, I don't see how it will be a widespread holder of value.

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  14. 5% of the people in offshore investing in bitcoin is not the same as 5% of the money going into bitcoin. They are not investing all of their offshore money into bitcoin. More like 0.5% even if it's successful.

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  15. It was around 6000 when this Mark guy uploaded, now it's sitting at 50.000…. almost 1000% increase jesus christ imagine if you bought 10k back then. I always told myself it was too late to buy now. Even though I only got into trading 3 weeks ago, i thought it was too difficult.

    Now I see how easy it is, smashing my head to the wall has become a nightly routine now lol. Well I did make my first 100 euro's with doge so I got that going on for me.

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  16. So, a hundred years ago, an ounce of gold would buy a man a nice suit. In 2021, that same one ounce of gold would still buy a man a very very nice suit. 12 years ago, 10,000 BTC would buy a man a pizza. Today, ONE (1) BTC will buy that same man a nice Tesla! Hmmmm, let me think about what may be an apex financial asset over all others….

    Reply

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