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Thread: Cryptocurrency markets projected to grow 50x from here, thoughts on investing?

  1. #1 Cryptocurrency markets projected to grow 50x from here, thoughts on investing? 
    RX Junior
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    https://www.coinspeaker.com/2017/06/...ael-novogratz/

    So the current market value of cryptos is $100B and this billionaire says it will go to $5 trillion in a couple years. These ICO's are heating up and theres 900+ coins now. Bitcoin is still the most popular and useful. To me the potential seems unlimited on bitcoin, just curious what others think about the space and bitcoin. I have some bitcoins i keep for gambling online with and they've been awesome to use. If the overall crypto space grows 50x and bitcoin is $2500 today, would that mean bitcoin is going to go up alot? Just seems like something everyone should be investing in today if that type of growth is coming
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  2. #2  
    RX Junior
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    Strongly agree with you. Bitcoin is a wonderful investment, Bitcoin has finally surmounted the greatest psychological barrier of all, passing $ 10,000 and showing no signs of stopping. Following a week of consolidating at all-time high levels around $ 8,000, Bitcoin found the strength to move up powerfully over the Thanksgiving weekend.

    Crypto-analysts claim that during the next US crisis, not only will global investors shift towards cryptocurrencies (i.e. the dollar will lose its status as a safe haven and become a high-risk, unreliable asset), but American citizens will also look to exchange their dollars for crypto, bringing about a total collapse of the US dollar.


    Crypto-analysts claim that with the collapse of the dollar, bitcoin will cost somewhere between 1 and 5 million USD. At the time of use to currency value calculator the bitcoin is trading at 9,850 USD with a market cap of 162.22bn USD.
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