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RE: Bitcoin Price Will Rise "Well Beyond $100,000" Says Blockchain Marketplace Executive

in #bitcoin7 years ago (edited)

What's the best way to help your family and friends?

Or get them onto Steemit. I find Steemit is a great "gateway drug" into the crypto space as a whole. I know a lot of people that are very hesitant to get into the crypto space, especially using any of their savings (mainly due to listening to MSM FUD and complete lack of knowledge about the crypto space as a whole), but gains of Steemit allow them to get their foot into the space without the need for any initial capitol investment. Once I get them on Steemit, give them a few tips to success to increase their gains, tell them to try to put a tiny bit of time into it each day, write posts, add helpful comments, build a following, and just grind it out for the most part, many of them start getting a lot more interested in the crypto space as a whole. They start asking me more about other cryptos, they start to become more willing to invest their hard earned money into some of the coins, and they start to understand that even if they think cryptos might go away at some point (UNLIKELY) that as a worst case situation it is still a very good hedge against the current global financial system in general (a debt-based system that to be honest is destined to fail big time in the coming years).

Anyways a lot of people scoff at the idea of 100k Bitcoin, but just a year ago the idea of 10k Bitcoin seemed ridiculous as well so I think as time goes on, and the space evolves, the 100k BTC price will start to look not only likely, but probable. I think by the Summer (June-August) this 100k price will become seen as a lot more possible then it currently is (as I personally expect BTC to reach ~40k USD during this time).

Interesting times!

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