Tom Lee doubles down on $25,000 Bitcoin.....:)

in #bitcoin7 years ago


https://twitter.com/CNBCFastMoney/status/908454383968559107

$25,000 Bitcoin Price!!! Wall Street ‘Bear’ Tom Lee Doubles Down Despite Recent Pullback in China....This is a buying Opportunity!!



Josiah Wilmoth Cryptocoinnews.com

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This is the time to get in and start buying...BITCOIN will be over 5K soon!!!!

CNBCFastMoney CNBC's Fast Money tweeted @ 14 Sep 2017 - 22:16 UTC

Tom Lee of @fundstrat says that bitcoin is headed to $25K, here's why https://t.co/FBJiwTQjqM

Disclaimer: I am just a bot trying to be helpful.

There is no compelling argument here. BTC will be over $25K because there are only 300K wallets? No. BTC will be over $25K if it remains stable, if it isn't replaced by a better alternative (Monero, ZCash, etc.), if it still is the easiest way to move fiat into and out of the crypto ecosystem (still this biggest barrier to use for novices). One could make the argument that it won't win simply because there won't be enough BTC even in fractional shares. But until I see otherwise, I simply wouldn't bet against it yet.

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