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RE: 4 months ago my mom bought a whole Bitcoin for $2833 - Is it time to take some profits?

in #life7 years ago

Did your mother also get bitcoin gold? Cause she should. And now on 15-16 november, she will get segwit2x as well..

But most of the people are right here.. do not let that coin go.. do not be afraid of minor market fluctuations. Like you said, she bought it as long term investment.. let it be long term. Revisit that coin in 2020. May be you will get 50,000 dollars for it 😏

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50,000???? Are you really that optimistic... i don't think so mate

1 year ago bitcoin was trading at less than 1000$. Now it is 7 times its price. Is it too hard to think that after 3 years, it can't go up as much as 50k?
Actually i am hoping and expecting that it will reach 100k by 2020.. 😏

Well that's great if it does so....but there might be some corrections as well

It could achieve a value of a couple million dollars.

Well, let's say the US switches all of it's currency over to Bitcoin and it's the only country in the world that uses it. On September 2017, there was 1.58 trillion US dollars in circulation. Let's convert that into the 21 million Bitcoin that will ever exist. 1.58 trillion divided by 21 million is a bit more than 75,000 US dollars per Bitcoin. But Bitcoin is a global currency, imagine how high that number would be if it was converted into the value of all the currency in circulation in the world.

i also think as like you...bitcoin can go 50,000 within 2020.it very possible

Not anymore

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