Real estate investor Grant Cardone proposed a $1 million wager that Bitcoin will reach at least $126,210.50 by October 28, 2028, countering venture capitalist Jason Calacanis' prediction that Bitcoin won't surpass its previous all-time high. Calacanis cited weakening demand and suggested investors focus on AI instead. Cardone's challenge has drawn support from other Bitcoin advocates, highlighting ongoing debate about Bitcoin's future. Meanwhile, investment manager Bitwise projects Bitcoin could reach $1.6 million by 2036, reflecting optimism amid risks like regulation and technology disruption. No formal agreement on the wager has been made yet.
Bitcoin wager challenge offers context for cryptocurrency markets. For readers following crypto, here is Pluang's market snapshot as of Oct 29, 2026 18:53 WIB: Out of 50 major cryptocurrencies, 7 rose and 42 fell today. Bitcoin Cash (BCH) dropped 5.73% to Rp5.110.888 with a typical hold time of 69 days and order activity showing 42% sell and 58% buy. Axie Infinity (AXS) fell 4.31% to Rp16.838 with 99% sell orders. Kusama (KSM) declined 3.94% to Rp67.269, with 87% sell orders and a typical hold time of 80 days.
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