$1 Million Bitcoin On Track To Break This Price Level. - page 2.

TheGhostMan

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Merit: 63

A few days ago I took the time to read about this investor and his supposed predictions, which I understand would work as a kind of “rebound effect” in this case. Currently we must focus on the present but we well know that the two most active and well-known cryptoactives worldwide (ETH and BTC) are not going through a very favorable moment, these being Ethereum down 2.14% and Bitcoin down 1.59%, ranging from $37k to $38k. Where this character predicts an imminent market crash. Getting to the point where Bitcoin is at $30k and Ethereum at $2K as well as altcoins will also be hit hard.

So, more or less explaining Hayes's prediction, it is at this point where, as I said, the "rebound effect" would occur, which will reach a point where it will fall, but a rebound will occur that will make it rise, at this case it would be a bullish chain and according to the prediction Bitcoin would be hovering around the million dollars approximately ten years

graphic description of the rebound.

Cookdata

hero member

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Merit: 912

Not Your Keys, Not Your Bitcoin

Quote from: Wimex on May 01, 2022, 12:25:42 PM

_snip_

If there is a right English to hiss at his statements, I will love to do that to this myopic speculations with bitcoin to $1m. Says someone who confesses and was found guilty of money laundering^[1] on Bitmex has become the voice of bitcoiner and a motivational person, what will come out of his mouth than a uni-directional bitcoin price level.
This reminds me of McAfee (soul rest in peace) and his cruise bitcoin price prediction, also promised to cut off his dick if bitcoin never attained such a level some years back but here we are. Let's leave bitcoin from unnecessary price predictions, it has managed to come this far, what led him here will take it to $1m and it is going to be a shock to everyone just the way they are afraid to buy now at $38k

[1] https://www.justice.gov/usao-sdny/pr/founders-cryptocurrency-exchange-plead-guilty-bank-secrecy-act-violations

Eternad

hero member

Activity: 1400

Merit: 623

Another astronomical prediction coming from the CEO of a crypto company with a long time span just to make sure people will forgot his prediction when the time come if it fails while he can easily recover it once it happened. This is a typical mind conditioning tactic of crypto whales whenever there’s a bullish sign to keep people on still buying despite of a downtrend. This kind of prediction useless unless it was proven later on but who will wait for 8 years just to find the result. I’m sure many of us will already flip when new ATH occur then just bought back during correction like this.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: Wimex on May 01, 2022, 12:25:42 PM

Arthur Hayes, the founder of BitMEX, spoke about Bitcoin and predicted that it will reach a value of $1 million by 2030. This information could be quite useful for those who love Holdear.

Everyone is predicting that the price of BTCitcoin would reach a million dollars, since you are here now, would you be investing in the coin when the price reaches those valuation or you will be planning to book your profit. Everyone here has a target when they are investing and i am not expecting the price to reach a million dollars considering there will be only institutional investors willing to invest at any rate.

coolcoinz

legendary

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Isn't this the same guy that recently gave a prediction for bitcoin to go to 30k USD? I wouldn't trust in his speculation too much. After all this mane makes money every time you make a bet, so his goal is to make you bet and the more you bet, the better it is for him and his company.
Personally, I feel like leverage trading is worse than gambling because you're betting so that other people with more money can make or break your bets as they please and Arthur and his likes are making money anyway. You can be winning or losing, they make money, so they will keep making these "predictions" in hope that it will make you feel like you can make money following them.

romero121

legendary

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DGbet.fun - Crypto Sportsbook

It is said that the European economy will face hard times and the same will boost the growth of bitcoin as more countries adopt bitcoin to overcome the crisis. These are all simply predictions. As the market is speculative, in the past such news used to make some disturbance on the market. Nowadays thinking is different, and people clearly understand that the prediction is about the year 2030. It is good to think about the moment and now the market is on the bearish track. Possibly it takes time for re-bounce.

boris singer

sr. member

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What do you mean by storing BTC in their wallet? do you collect BTC on BitMEX exchange? if it doesn't make a sale why not keep it from the exchange?

I don't think Bitcoin will ever hit a high, due to the fact that the price of Bitcoin will gain more and more value as adoption continues. During bearish moments we are given many opportunities to continue saving. But no one knows when it will hit $1 million?

Based on the article "Hayes predicts that the Western economy, especially the European Union will collapse".

Wimex

full member

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Arthur Hayes, the founder of BitMEX, spoke about Bitcoin and predicted that it will reach a value of $1 million by 2030. This information could be quite useful for those who love Holdear.

I find the article quite interesting, because even with the current problems of the market that Bitcoin has gone through this year, with the war in Ukraine and Russia, what remains of the pandemic and others, Arthur Hayes continues to trust his prediction. He has a very clarifying point of view, explaining that

Quote

global economic trends and geopolitical factors will drive Bitcoin to its colossal target price.

I even highlight an important part, I comment that in all this, gold will also benefit, hoping that it will reach $20,000 when inflation reaches a point where the United States Federal Reserve has to implement Yield Curve Control.

Source of information: https://zycrypto.com/1m-bitcoin-bitmex-founder-hayes-explains-how-bitcoin-is-en-route-to-shattering-this-price-level/

Giving my point of view, it is clear that with the current problems Bitcoin remains in a bearish period, but we should not be alarmed, let alone be disappointed. I support what Hayes says, I am one of the people who likes to keep BTC stored in their wallet, to wait for the moment this explodes.

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