Post
Topic
Board Bitcoin Discussion
Re: 22 july, BTC 20k$ or 70k$?
by
LFC_Bitcoin
on 04/07/2021, 18:28:22 UTC
We’ll never see $25,000 or below again, quote me on that.

The problem we’ve had with regards to Musk & his FUD on bitcoin is that he’s been a law onto himself on Twitter. He drops these FUD bombs & nobody can respond quick enough, all the noobs & weak hands sell & the price dumps.

The difference with this talk on July 21 is that @jack is a very intelligent guy & very pro bitcoin. He’ll be able to counter if Musk starts nonsense FUD again. So we really shouldn’t see any more negative price action if Elon decides to start trolling again.

Either way, a lot of the negative points Musk had have been sorted out now. The Bitcoin Mining Counsel, headed by Saylor have revealed bitcoin mining actually uses over 50% renewable/clean energy. Also China have now kicked miners out so that FUD is dead too.

I think we’re past the worst & bitcoin will start to rise again now. The bull run is alive & kicking, 1BTC = over $100,000 by the end of 2021 (not sure about $70,000 by 22 July though).