Business/Finance

Bitcoin expert predicts $100,000 price target by year-end

Wall StreetA well known bitcoin expert has recently stated that he thinks that bitcoin will hit $100,000 by the end of the year. This is not a joke…

The bitcoin expert with the frothy price target does not want his name disclosed for privacy purposes surrounding his well-known (and successful) hedge fund – but assures us – and the bitcoin community that he is the leading expert surrounding bitcoin and other altcoins.

Trained by the crypto-genius James Altucher – the bitcoin expert states, “I have never been so sure of something like this in my entire life. I have this gut feeling that bitcoin will have the biggest rally in its history with potential to hit $100,000 by year-end.”

James Altucher is the master mind behind the “bitcoin genius ads” all over the internet in 2018 before sites like Yahoo Finance and Facebook cracked down on advertising bitcoin to naïve retail investors. You may remember James Altucher by his curly hair and rather dapper, yet goofy hairdo.

James altucher.png

Source: James Altucher Picture

The bitcoin expert assured us if bitcoin doesn’t hit a $100,000 price target by the end of calendar year 2019 then the crypto currency is definitely  manipulated by global powerhouse investment banks.

“The most powerful banks in the world are scared of us,” bitcoin expert states while nervously checking his smartphone and brushing his unwashed hair. “You see, banks control the fiat currency right now. If and when society starts using cryptocurrency for everyday purchases, the entire monetary system as we know it will collapse. Banks are afraid of this. Their business model will break. The U.S. dollar will collapse. And all of those banks will topple under a broken system.”

This isn’t a revolutionary idea – so I am not sure why we are writing about it. Bitcoin experts around the world have predicted that the monetary system as we know it will collapse under the weight of the global debt the world has. These “experts” believe that cryptocurrency will be the cure for a current fiat-based model. A type of “new-start” for the banking and finance elite.

“It is happening already,” the bitcoin expert said. “Individuals around the world are watching this revolution unfold before their eyes. There have even been mass redemptions from banks” – people withdrawing cash.

In 2018 the French Yellow Vest movement called for people to pull their money out of the banks. Furthermore, Hong Kong residents have stated that the ATMs in Hong Kong are empty due to residents withdrawing funds over fears that authorities may start to monitor digital payments and freezing assets.

“The time to invest in bitcoin is now,” bitcoin expert exclaims as he huffs down an entire cigarette in one inhale. “The economic environment is on the brink of self-destruction. That useless money you have in your pocket will be worth nothing, zip. Be ready for the collapse.”

 

 

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