latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Man Who Bought Bitcoin At $1 Believes BTC Price Is Ultimately Headed For $100,000

Man Who Bought Bitcoin At $1 Believes BTC Price Is Ultimately Headed For $100,000

Davinci Jeremie, an early crypto adopter and host of the davincij15 YouTube channel, predicts that Bitcoin’s price will grow by ten times in the next bull run but warns it could plunge further before then.

“ I think we will finally see $100,000…I think we’ll do at least 10x from the bottom,” said Davinci at a November 25 interview with Kitco news. Asked by Kitco’s David Lin if his forecasts then meant that Bitcoin would have to drop to $10,000, he replied that “we will probably see $12,000.”

Jeremie, who is also a crypto influencer, is widely known for his famous quote, “I Told You So” after calling on people to purchase Bitcoin when it was retailing below $1 per unit in 2011. During the interview, he said that his interest in Bitcoin started in March 2011 when one of his subscribers asked him to look at the Bitcoin website. Although he was initially nervous about being scammed, his perspective on the blockchain network changed after digging deeper.

“I read through the source code and realized- oh my goodness! this is going to work,” he said. 

According to him, he fell in love with Bitcoin after realizing that we now had a system of money that the government couldn’t stop, and you could transfer wealth to anyone around the world instantly without a third party.

“Every once in a while, something comes along that makes poor people rich coz they bought it really cheap-this is one of them,” Davinci added, describing why he decided to purchase Bitcoin. He further described how his pleas to people to purchase the world’s top cryptocurrency by market capitalization had fallen on deaf ears.

“I remember my first video which got 751 thumbs down and like 50 likes,” he went on. “I thought people would understand. They only wanted me to talk about gold and silver.”

For perspective, a single Bitcoin purchased at Jeremie’s $1 call in 2013 would have been up 6,878,800% as of November 10 2021, when the price reached an all-time high of $68,789. Since tapping ATH, Bitcoin has, however, pulled back sharply in the past year on the back of various macro-economic factors as well as liquidity crunches within the crypto sector.

Commenting on the crypto market downturn , Davinci further noted that the crypto winter could likely drag into 2024, suggesting that the next bull run will start after the next Bitcoin halving.

BTCUSD Chart by TradingView

As of writing, Bitcoin traded at $16,541 after a 0.91% increase in the past day. However, the top cryptocurrency remains over 75% down from its all-time high. shares this Contents always with License.

Thank you for Share!



Cool to know huh? Read the full Article

Read the full Article:  ⭲ Man Who Bought Bitcoin At $1 Believes BTC Price Is Ultimately Headed For $100,000

Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News

SneakPeek Script
Setup, Upload and Go!