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Is it possibly for Bitcoin to reach $4.8 million if used as global reserve?
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[QUOTE="sincerem, post: 234393, member: 25228"] [B][FONT=Courier New]When I checked just now, the price of Bitcoin is pegged at $46,000, it is still adrift of it's highest benchmark of $70,000+. No one knows what the price of the coin will be in the near future, I believe if it is allowed and accepted like the way USD is used globally, the value [/FONT][/B][FONT=Courier New][B]will[/B][/FONT][B][FONT=Courier New] explore more, their is no doubt to that, even know that the coin is still facing mixed period, it is still in-demand. I believe that, Bitcoin [/FONT][/B][FONT=Courier New][B]will[/B][/FONT][B][FONT=Courier New] climb further high, I don't see the coin dropping off more than expected, it wouldn't return back to $1 any more, unless it folds up, and it wouldn't face such kind of situation, I pray so, due to the good number of high profile users backing it. I believe that time is coming ajd the coin will really grow very high in price tag, reaching million dollars is possible of the coin is allowed to embrace it's objectives and doesn't face up [/FONT][/B][FONT=Courier New][B]with[/B][/FONT][B][FONT=Courier New] ban. The recent ban from the Chinese government affected the price, by now we could've seen the coin reaching, $100,000 but their no withstanding, their is time, it will get there, even if it wouldn't happen anytime soon. [/FONT][/B] [/QUOTE]
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Is it possibly for Bitcoin to reach $4.8 million if used as global reserve?
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