Post
Topic
Board Speculation
Re: Predicts $100k before end of the year
by
jaberwock
on 28/02/2021, 08:24:46 UTC
Skybridge capital founder(Anthony Scaramuc) predicts Bitcoin to hit another ATH  of $100k before the end of the year
I do not believe the idea of "it went up so it will continue to do so" because that makes no sense, just because we had an awesome 6 months doesn't mean that next 6 months to 10 months will be the same, there could be a huge crash and we could be 5k by the end of the year as well. We can't know that too, we may not be 5k neither, maybe we will be 500 or maybe we will be 500k who knows what we are going be but the direction doesn't decide that, that's all I am trying to say.

When you are going high super fast, it could suddenly stop and crash, when you are going down super fast it could stop and skyrocket suddenly, so this idea that we have been great so we will be even better doesn't make any sense to me at all.

All I care about is what could be a potential to increase bitcoin and I am waiting from governments to support crypto investments so that big corporations go in, that would change a lot.