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Is it possibly for Bitcoin to reach $4.8 million if used as global reserve?
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[QUOTE="Flow-er, post: 240998, member: 71012"] bitcoin is the best cryptocurrency and it has shown it antecedents overtime. It is true that we have seen different predictions of the price of bitcoin. we have seen enthusiast that predicted bitcoin to be 70000 dollars some predicted it to reach one and fifty thousand dollars , some predicted hundred thousand dollars . The recent one that was very surprising was the prediction that was made by the vanEck executive was $4.8 million. This is the highest value that a bitcoin prediction reached so far and I don't think it is a realistic figure because $4.8 million is a very huge value. The bank executive has a clause to the bitcoin reaching the 4.8 million Dollar value and the clause was that bitcoin worth that value if it is used as a global reserve. Using the bitcoin as a global reserve means it has been accepted globally as a financial security and this will go a long way to make the value surge drastically but the value that was predicted is very unrealistic. Personally I will predict that bitcoin will reach hundred thousand dollars before the end of a year 2022. I think that this is a realistic figure. [/QUOTE]
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Is it possibly for Bitcoin to reach $4.8 million if used as global reserve?
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