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Skybridge Capital Founder Says Bitcoin 'Will Easily Trade at $500K' — Urges Investors to Buy Right Now



Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my best to explain to them why they need to own this right now,” he said, emphasizing that we are still “very, very early.”

https://news.bitcoin.com/skybridge-capital-founder-bitcoin-easily-trade-500k-investors-buy-right-now/
Should You Be Buying Bitcoin Right Now? 🤔
The Australian baseball team is expected to go "all-in on a bitcoin standard" by allowing its athletes and employees to get paid in BTC.
Memecoin mania is fading. Some of the most popular cryptocurrencies like SHIB and FLOKI are down 50% from their all-time highs from weeks ago. 📉
India is reportedly engaged on finalizing its crypto laws after years of wait and brainstorming. A report from Financial Times suggests that the Indian authorities would reportedly regulate cryptocurrencies as an asset class similar to Gold and Bonds. 
Bitcoin prices have fallen to their lowest levels since mid-October as the cryptocurrency market correction continues to deepen.
Customers of the First Bitcoin Giant MtGox Will Soon Share $9B
Is Buying Bitcoin Right Now a Smart Idea?😎
Anonymous Poll
64%
Yes 😉
36%
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Unfortunately, on 20 of November, 2021, TarmEx will delist HushCoin ( HUSH ) and Ashbitcoin ( ASHBIT ) from our exchange.

Please go to our exchange and withdraw your remaining coin/token in your account. you have 5 days left for this withdrawal until 25 of November, 2021.
The cryptocurrency market has begun a recovery session with BTC surging above $58,000 and a new ATH from Avalanche.

Following a few days of price nosedives, bitcoin finally bounced off and added more than $2,000 of value. Most altcoins are also well in the green, with Shiba Inu adding double-digit percentages and Avalanche registering a new ATH.
The number of bitcoins sitting on exchanges has declined by 23,000 coins in just three days, even though the asset’s price has been on a downfall.

Despite the recent correction in which bitcoin lost roughly 20% of its value in a week, on-chain data suggests that the liquidity crisis could be increasing. In just three days, exchanges have seen more than 23,000 coins taken off, worth more than $1.3 billion.
Stress-free 😎🤘
While bitcoin and most larger-cap alts stand still, Avalanche has gone on a tear by registering yet another new all-time high.

Bitcoin continues its recovery attempts by touching $59,000, while most of the altcoins have remained stagnant since yesterday. Avalanche is once again the most significant gainer. AVAX charted a new all-time high (again) and is close to surpassing Dogecoin in terms of market cap.
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations that’s going on right now.”

Microstrategy CEO Michael Saylor talked about the future outlook for bitcoin in an interview with CNBC Friday. He discussed the institutional adoption of bitcoin, crypto regulation, market volatility, gold versus bitcoin, and BTC as the world’s dominant digital asset and safe-haven investment.
His company currently hodls 114,042 BTC. He was asked whether he is going to keep stacking bitcoin at the current price or wait for a further pullback. He replied: “We are going to keep stacking forever.”
On the topic of bitcoin vs. gold, Saylor was asked whether he thinks “bitcoin has replaced, or will replace, or is in the process of replacing gold as the store of value for most investors.”