As Bitcoin Closes In On My $5000 Target Price, Remember "You Aint Seen Nothin Yet." By Gregory Mannarino
Two months ago I wrote an article titled : "Next Stop For Bitcoin $5,000 and Beyond." Click here: https://steemit.com/bitcoin/@marketreport/next-stop-for-bitcoin-usd5-000-and-beyond-by-gregory-mannarino
Today Bitcoin broke $3,300 and again I will say it.. You ain't seen nothin yet!
It's funny.
The vast majority of people all over the world really and wholeheartedly believe in Fiat currency which are literally pieces of paper with numbers printed on them, like the US dollar and the Euro. People believe in them because they are issued by central banks however, in this modern age when a decentralized currency emerges these same people want nothing to do with it.
It really is insane, and I believe it is a kin to brainwashing.
As many of you know I am a strong believer in dollar alternatives like cryptocurrency, and I continue to get into conversations with people about it yet despite the fact that Bitcoin is surging higher against the dollar, they refuse to own it.
Keep in mind that it is these same people who will stay locked into a central bank issued currency and watch it fall in value month after month, year after year, decade after decade, and smile...
I have no doubt, as I wrote in that article 2 months ago, that within a very short period of time Bitcoin will hit my $5000 target, and then continue higher.
Gregory Mannarino @marketreport
Bitcoin is an invest not a dollar alternative actually, till people convert it in dollars it will stay a good invest but nothing more. Im pretty sure the 5000 will happen soon.
This post received a 3.2% upvote from @randowhale thanks to @tournego! For more information, click here!
to the moon
and beyond
I agree, we haven't seen nothing yet Greg. As cash looks for a safe haven I seen it flooding into BTC and to the moon it goes. Silver is on sale and BTC is going to the moon. Keep stacking the dollar alternatives.
Well said , but it's surprising how many people STILL laugh at silver and BTC as if they are not worthy investments.
Higher, higher, higher! (SLV GLD BTC LTC DASH STEEM EOS ... fill in the blanks)
I think we will see a 5K Bitcoin by October!!! Thanks Greg for going on record!
YES and you made a very good arguement for it , also many will be selling to take some profit also we upvoted and we will re steem too.
To the moon!
But seriously, I would not be surprised to see 5-digit Bitcoin in 2018.
How about Ethereum & Litecoin? Is there a better way to store Crypotos? Is Coinbase safe, to store, or is there another, safer way, offline? Thank You, Gregory.
Will BTC drag STEEM higher with it?
Greg, nice post. Can't wait till steeem hits 5k!