Bitcoin to Hit $20K

Is that a new high?
Crypto currency is very confusing. And bit mining is more confusing.

 

I hope he's right, but 20K is pretty optimistic considering it's at $7200 now. Bitcoin has been as high as 20K as recently as last December, but I doubt we'll see 20K again any time soon. The IRS is watching all the exchanges now and demanding 22% of the profit in capital gains tax every time you trade for dollars.

 

It will never go back to 20k.
All the people that bought in at 7,8,9,10 thoudand will likely sell if they see a rise to where they can get out and break even/not lose AS MUCH. And how many new investors are there? Not many. I don't see any value in bitcoin. It is worse than our fiat money system. At least with that, you get to hold paper or coins, which can be spent anywhere. Where do you even spend bitcoin?

 

Should I buy!!!?

 

Of course!!!!!
Then figure out a way to convince everyone it's only next week where it will replace the greenback!! lol

 

It's around $6400 today, which is a good price. Most exchanges will not let you transfer money in and spend it right away though. You'll have to send them money and let them hold it for one or two weeks just to make sure the transaction isn't going to reverse or be challenged.

 

Can I just wire the money to you and have you take care it?

 

Sure. For a fee.

 

Sounds fair, let’s do this! How’s 5 million dollars to start? I just need transfer the funds to you. I’ll need your bank details and all your account numbers.