{"id":154756,"date":"2026-10-29T11:15:40","date_gmt":"2026-10-29T11:15:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=154756"},"modified":"2026-10-29T11:15:40","modified_gmt":"2026-10-29T11:15:40","slug":"grant-cardone-bets-1-million-on-bitcoins-comeback","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=154756","title":{"rendered":"Grant Cardone Bets $1 Million on Bitcoin\u2019s Comeback"},"content":{"rendered":"<div>\n<p>Bitcoin\u2019s recent struggles have sparked another heated argument between investors, and this time, there\u2019s a potential $1 million wager involved.<\/p>\n<p>Real estate investor Grant Cardone has challenged venture capitalist Jason Calacanis to bet on whether Bitcoin can return to its previous all-time high within two years.<\/p>\n<p>The disagreement follows Calacanis\u2019 prediction that Bitcoin will never reach another record and could fall toward $57,000 over the next 12 months.<\/p>\n<p>Cardone sees a different future. He believes Bitcoin can recover, and he\u2019s willing to put a substantial amount of money behind that expectation.<\/p>\n<h2><b>TL;DR<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400\">Grant Cardone has offered Jason Calacanis a $1 million wager that Bitcoin will reach $126,210.50 by October 28, 2028.<\/li>\n<li style=\"font-weight: 400\">Calacanis expects Bitcoin to fall toward $57,000 within a year and believes its previous record will never be surpassed.<\/li>\n<li style=\"font-weight: 400\">Other Bitcoin supporters have proposed similar bets, but Calacanis has not publicly accepted Cardone\u2019s challenge.<\/li>\n<\/ul>\n<h2><b>A $1 Million Challenge Over Bitcoin\u2019s Future<\/b><\/h2>\n<p>The dispute began after Calacanis shared a pessimistic outlook for Bitcoin on October 27.<\/p>\n<p>He argued that investors should consider shifting their attention toward artificial intelligence, suggesting that Bitcoin offers fewer opportunities for future growth.<\/p>\n<p>His prediction was particularly bold: Bitcoin would revisit $57,000 and never surpass its previous all-time high.<\/p>\n<p>Cardone responded the following day with a direct financial challenge.<\/p>\n<p>He offered to wager $1 million that Bitcoin would reach at least $126,210.50 by October 28, 2028.<\/p>\n<p>The proposed target is slightly higher than Bitcoin\u2019s October 2025 record of approximately $126,080.<\/p>\n<p>Cardone also suggested placing the money with an independent third party to ensure the winner receives payment.<\/p>\n<p>We should emphasize that this remains a proposed wager, not a confirmed agreement.<\/p>\n<p>Calacanis has responded publicly but hasn\u2019t accepted Cardone\u2019s terms.<\/p>\n<h2><b>Why Jason Calacanis Expects Bitcoin To Fall<\/b><\/h2>\n<p>Calacanis\u2019 concerns focus on declining investor enthusiasm and the movement of capital away from Bitcoin.<\/p>\n<p>He pointed to withdrawals from spot Bitcoin exchange-traded funds as evidence that demand could weaken further.<\/p>\n<p>His argument also reflects a broader question facing investors: whether Bitcoin can continue attracting capital when other technologies, particularly artificial intelligence, offer competing opportunities.<\/p>\n<p>We wouldn\u2019t dismiss those concerns entirely.<\/p>\n<p>Bitcoin has experienced a difficult year, and declining institutional demand can place additional pressure on prices.<\/p>\n<p>However, ETF outflows don\u2019t necessarily indicate that every category of investor is abandoning the market.<\/p>\n<p>Different institutions buy and sell for different reasons.<\/p>\n<p>As we follow<a href=\"https:\/\/bitcoinist.com\/category\/bitcoin\/\"> Bitcoin market developments<\/a>, separating short-term trading decisions from longer-term investment strategies remains important.<\/p>\n<h2><b>Bitcoin Supporters Join The Million-Dollar Debate<\/b><\/h2>\n<p>Cardone isn\u2019t the only investor challenging Calacanis\u2019 prediction.<\/p>\n<p>Bitcoin advocate Fred Krueger has proposed another $1 million wager, although his suggested deadline extends to October 2036.<\/p>\n<p>Hollywood producer and Bitcoin supporter Terence Michael also offered to participate in the dispute.<\/p>\n<p>Meanwhile, JAN3 CEO Samson Mow and Blockstream CEO Adam Back expressed interest in supporting Cardone\u2019s challenge.<\/p>\n<p>The reactions demonstrate how divided investors remain about Bitcoin\u2019s future.<\/p>\n<p>Some believe the latest downturn represents another temporary correction. Others question whether Bitcoin can regain the momentum that previously pushed prices to record levels.<\/p>\n<p>For us, the more interesting question isn\u2019t who wins an argument online.<\/p>\n<p>It\u2019s whether Bitcoin can attract enough sustained demand to justify another major rally.<\/p>\n<h2><b>Bitwise Predicts A Much Higher Bitcoin Price<\/b><\/h2>\n<p>The disagreement arrives alongside a considerably more optimistic forecast from investment manager Bitwise.<\/p>\n<p>In its<a href=\"https:\/\/bitwiseinvestments.com\/crypto-market-insights\/2027-bitcoin-long-term-capital-market-assumptions\" rel=\"nofollow noopener\" target=\"_blank\"> October 28 Bitcoin outlook<\/a>, the company raised its projected Bitcoin price for 2036 to approximately $1.6 million.<\/p>\n<p>That represents an estimated compound annual growth rate of 34.3%.<\/p>\n<p>Bitwise bases its forecast partly on growing institutional adoption, limited Bitcoin supply, and demand for assets that could preserve purchasing power over time.<\/p>\n<p>However, the company also identifies significant risks, including quantum computing, technological disruption, and unfavorable regulatory changes.<\/p>\n<p>These are projections rather than guaranteed outcomes.<\/p>\n<p>We think it\u2019s important to distinguish a financial model covering ten years from Cardone\u2019s much shorter two-year wager.<\/p>\n<p>Both express confidence in Bitcoin, but they rely on very different time horizons.<\/p>\n<h2><b>Can Bitcoin Reach Another Record By 2028?<\/b><\/h2>\n<p>When Cardone issued his challenge, Bitcoin was trading near $80,847, approximately 36% below its previous peak.<\/p>\n<p>Reaching his $126,210.50 target from that level would require a gain of roughly 56%.<\/p>\n<p>That\u2019s a substantial recovery, although Bitcoin has experienced larger percentage moves during previous market cycles.<\/p>\n<p>Several factors could influence the outcome, including institutional investment, ETF demand, economic conditions, and regulatory developments.<\/p>\n<p>We\u2019ll also be monitoring changes in the wider<a href=\"https:\/\/bitcoinist.com\/category\/cryptocurrency\/\"> cryptocurrency market<\/a>, where Bitcoin\u2019s performance often influences investor sentiment.<\/p>\n<p>For now, Cardone\u2019s challenge has attracted considerable attention, but no million-dollar agreement has been finalized.<\/p>\n<p>The next two years may provide an answer to the price question, regardless of whether the wager ever takes place.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s recent struggles have sparked another heated argument between investors, and this time, there\u2019s a potential $1 million wager involved. Real estate investor Grant Cardone has challenged venture capitalist Jason Calacanis to bet on whether Bitcoin can return to its previous all-time high within two years. The disagreement follows Calacanis\u2019 prediction that Bitcoin will never [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-154756","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/154756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=154756"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/154756\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=154756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=154756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=154756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}