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Opinion

How Bitcoin Gets to $100,000

Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.

By Nathaniel Whittemore
AccessTimeIconNov 29, 2020 at 2:00 p.m. UTC
Updated Sep 14, 2021 at 10:36 a.m. UTC
AccessTimeIconNov 29, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 10:36 a.m. UTC
Breakdown 11.29 bitcoin $100K

AccessTimeIconNov 29, 2020 at 2:00 p.m. UTCUpdated Sep 14, 2021 at 10:36 a.m. UTC

Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.

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This episode is sponsored by Crypto.com and Nexo.io.

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On this edition of The Breakdown’s Long Reads Sunday, NLW reads a recent piece by Hong Fang, CEO of OKCoin. 

In it, Fang provides a set of valuation models and scenarios that plausibly lead to bitcoin achieving a significant $100,000 value over the course of 2021.

See also: Bitcoin at $318,000 Next December? One Citibank Exec Says It’s Possible

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