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Guy On Skype Says Bitcoin Headed To $400,000 (UBS Chairman Says Probably Not)

There you go. But hey, what does Axel know that Ronnie on Skype doesn't, right? 

There you go. But hey, what does Axel know that Ronnie on Skype doesn't, right? 
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3 comments on “Guy On Skype Says Bitcoin Headed To $400,000 (UBS Chairman Says Probably Not)

  1. BitCoin can go to $400K or even higher – assuming an infinite number of traders with an infinite amount of capital – and no regulation, sudden reduction of disposable income, reduction of debt/loan abilities of traders, a major war, that the internet doesn’t suddenly go down and probably quite a few other things.

    I suspect there are algorithms that if the number of potential traders can be estimated, their capital reserves, ability to assume risk, etc., etc., you can determine the maximum price any asset can achieve in a market – even a global market. It’s essentially a basic potential market calculation and is done with automobiles, new houses, etc. – but in all these market calculations, there is near zero possibility of governments producing counter products at lower cost and or regulating the respective private products out of existence. Failing to be able to accurately account for all of the max market variables that might affect BitCoin in the coming months – making guesses at the potential value it might achieve before reality takes effect – are ludicrous. It’s a gamble, let’s not pretend otherwise.

  2. Pingback: Guy On Skype Says Bitcoin Headed To $400,000 (UBS Chairman Says Probably Not) | CryptoCurrency News

  3. Pingback: Guy On Skype Says Bitcoin Headed To $400,000 (UBS Chairman Says Probably Not) – The Cryptocurrency News

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