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In Bullish Report, Bloomberg Predicts $400,000 Bitcoin Price In 2021
Bitcoin Magazine ^ | 4-7-21 | Dylan LeClair

Posted on 04/12/2021 11:39:19 AM PDT by aMorePerfectUnion

In its latest monthly “Crypto Outlook” report, Bloomberg outlined the “rising bitcoin adoption tide” with some bullish sentiment.

On April 6, Bloomberg released the April edition of its monthly “Crypto Outlook,” in which it outlined the bullish narratives around bitcoin and the burgeoning industry surrounding it. The report was notably bullish, particularly as it came from a reputable legacy firm in the financial and media industry.

Exerpt summary form: “Indicators Point To Rising Bitcoin-To-Gold Ratio” “Bitcoin Replacing Old-Guard Gold Is More Sudden Than Gradual “Digital Vs. Analog: Bitcoin's Upper Hand” “Few Signs Of Bitcoin Holders Looking To Sell” “Bitcoin Rhyme With 2013, '17 Peaks About $400,000”


TOPICS: Business/Economy
KEYWORDS: bitcoin; btc; crypto; cryptocurrency; elonmusk; nannybloomberg; pyramidscheme; tesla
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Good review of what is happening currently with BTC Charts worth seeing at link ..................................................

If YOU would like to be on a CRYPTO PING LIST, please pm me.

The Crypto Ping List covers the following:

Bitcoin
Ethereum
Other coins built on the Ethereum blockchain
mining
etc.

Thanks! For it - or ag'in it, it'll be a wild ride.

1 posted on 04/12/2021 11:39:19 AM PDT by aMorePerfectUnion
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To: aMorePerfectUnion

Gold and silver are certainly down today. Silver is still up significantly from last year, but gold is roughly where it was.


2 posted on 04/12/2021 11:44:05 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf

I’m taking some bitcoin gains and moving into metals. When the SHTF, bitcoin may not be accessible.


3 posted on 04/12/2021 11:45:23 AM PDT by StolarStorm
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To: aMorePerfectUnion

Most of my crypto is with Bitcoin.

But I also am invested with Algorand, Etherum, Litecoin and Orchid.

Hoping these low value coins blow up like Bitcoin did.


4 posted on 04/12/2021 11:45:36 AM PDT by Responsibility2nd (Trump is a deposed Pres. in exile. America is truly a banana republic. Our govt. has been overthrown)
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To: aMorePerfectUnion
... or ag'in it, it'll be a wild ride.

I'm 'AG-in' it. AG, as in Silver.

Now would be a good time to trade in BTC for AG. Physical AG. Or, you might wait until BTC hits $400k....

5 posted on 04/12/2021 11:46:03 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
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To: aMorePerfectUnion

Get in on the ground floor big time with Griffinbucks.

Fools urgently needed.


6 posted on 04/12/2021 11:46:40 AM PDT by Brian Griffin
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To: aMorePerfectUnion
When the grid goes down, bitcoin ain't worth jack.

7 posted on 04/12/2021 11:46:58 AM PDT by Governor Dinwiddie (Working like Crazy to support the Lazy.)
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To: aMorePerfectUnion

There are more and more stories like this. The billionaires are getting ready to fleece the sheep. I would get out the minute BTC hits $74K.


8 posted on 04/12/2021 11:47:28 AM PDT by Codeflier (Covid-19 taught me: Two types of "conservatives", frightened safety seekers vs. freedom lovers)
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To: StolarStorm

I’m taking some bitcoin gains and moving into metals. When the SHTF, bitcoin may not be accessible.

____________________________________________

If bitcoin is not accessible, it will be as a result of NO INTERNET.

If that ever occurs, we all will truly be in a world of bleep. Even those who physically hold gold or silver.


9 posted on 04/12/2021 11:47:52 AM PDT by Responsibility2nd (Trump is a deposed Pres. in exile. America is truly a banana republic. Our govt. has been overthrown)
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To: aMorePerfectUnion

Or zero.

Or both.

Bitcoin is Schrodinger’s Currency.


10 posted on 04/12/2021 11:49:16 AM PDT by freedumb2003 (No matter what, resist and stop the agenda of blow bidet and hairass the whore)
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To: StolarStorm

Have you ever seen this link. It came out during the credit crash about 12 years ago.

https://grandpappy.org/eonehour.htm

I just found out there is a part 2, which is about six years old.

https://grandpappy.org/eonehou2.htm

“The one hour meltdown”


11 posted on 04/12/2021 11:49:56 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf
Gold and silver are certainly down today.

And will remain so, as long as COMEX has the power to set the price to cover shorts. They have the power to momentarily set the price to $0, if they felt like it, for a transaction.

COMEX is getting squeezed, and when that climaxes, AG will move to its proper market level.

Dollar to Silver ratio NOW, $5153/ounce (US Debt Clock for metals)

12 posted on 04/12/2021 11:50:18 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
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To: Governor Dinwiddie

True, but if the grid does go down - the US Dollar also wont be worth jack.


13 posted on 04/12/2021 11:50:23 AM PDT by Responsibility2nd (Trump is a deposed Pres. in exile. America is truly a banana republic. Our govt. has been overthrown)
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To: Governor Dinwiddie

That really would not matter - even if you could bring down the world’s grid.

The blockchain resides on computers whether they are plugged in or not.

Even whether they are connected or not.

When electric is up and the internet is on, it all connects and is verified.


14 posted on 04/12/2021 11:50:36 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: Responsibility2nd

#metoo!


15 posted on 04/12/2021 11:51:00 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: StolarStorm

Personal opinion: I own metals and bitcoin as a hedge against the destruction of the dollar and other world currencies.

So I’m with you.


16 posted on 04/12/2021 11:51:48 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: Codeflier
I would get out the minute BTC hits $74K.

Consider exiting prior to it hitting $66.6 K.

Don't think there's much time to trade between that number and any higher number.

17 posted on 04/12/2021 11:55:03 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both.)
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To: Responsibility2nd

Yes. That’s why I’m diversified in food, ammo, booze and other forms of currency for a Venezuelan style democrat “utopia.”


18 posted on 04/12/2021 11:56:45 AM PDT by StolarStorm
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To: StolarStorm

Don’t forget your Precious Metals.

Gold, Silver, Brass and Lead.


19 posted on 04/12/2021 12:00:13 PM PDT by Responsibility2nd (Trump is a deposed Pres. in exile. America is truly a banana republic. Our govt. has been overthrown)
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To: aMorePerfectUnion

This Dutchmen is a tulip bulb.

It is a living thing.

And with just a little work it will produce bulblets.

And with a little more work, the bulblets will grow into bulbs.

And so forth.

This tulip bulb is a living money making machine.


20 posted on 04/12/2021 12:02:42 PM PDT by Brian Griffin
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