Ark Investment lanches report Big Ideas 2023: bitcoin price above 1mi in 2030 - page 2.

NeuroticFish

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Quote from: BlackHatCoiner on February 06, 2023, 01:03:35 PM

But, jokes asides, I wouldn't trust Cathie, neither Saylor nor any other billionaire who wants to play the Bitcoin accumulation game. Who knows their agenda.

This is one valid point. As I said, b i a s e d. If tomorrow they'll sell their coins and invest into , then they'll start telling how shite Bitcoin is and how good is and will become in the following months and years. That's how this works.

Quote from: BlackHatCoiner on February 06, 2023, 01:03:35 PM

I don't know guys. 2030 is a lot of Bitcoin-years ahead.

This is another good point. Still, I'm not worried about bitcoin's value. I'm worried that people will somewhat lose their appetite in buying because of its high price - or, to say it different, I fear that the world's finance would not be strong enough to allow us go so high (I don't know how to express this better).

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Quote from: NeuroticFish on February 06, 2023, 12:10:41 PM

...The report may be a bit too optimistic though.

Quote from: DooMAD on February 06, 2023, 12:47:06 PM

Give that their "bear case" is more optimistic than some bullish predictions elsewhere, probably a bit, yep.

I don't know guys. 2030 is a lot of Bitcoin-years ahead. It's even lots in fiat-terms. I mean, sure, a 1000% increase within 7 years being the worst case scenario does sound romantic, but we're talking about the 21 million precious here.

But, jokes asides, I wouldn't trust Cathie, neither Saylor nor any other billionaire who wants to play the Bitcoin accumulation game. Who knows their agenda.

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Quote from: NeuroticFish on February 06, 2023, 12:10:41 PM

...The report may be a bit too optimistic though.

Give that their "bear case" is more optimistic than some bullish predictions elsewhere, probably a bit, yep.

Still, if they're right, I might finally be able to afford to get on the housing ladder, heh.

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It's been a while I heard about trust funds and corporate enterprises getting into Bitcoin, such as Grayscale and Microstrategy, so I'll be researching on Ark investment.

About their big ideas report, would download and read it at a later time, but judging from the infographic you added in the op, I hope it's not centered on price prediction? Most reports that focus on predicting what the price is going to be are made just for headlines and clicks without talking about the actual product behind the value.

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Quote from: bitmover on February 06, 2023, 11:53:39 AM

Afaik Cathie Wood's Ark Invest is heavily invested in Bitcoin. This means that it's clear that she and her company will always have very big predictions for Bitcoin, and this for two reasons:
* if they wouldn't trust Bitcoin they would haven't been buying or would sell
* they want to convince actual and potential investors (into Ark Invest) that their (Ark's) investments are good and can bring big money

I don't say they're wrong. But they're clearly biased.
...The report may be a bit too optimistic though.

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Ark investment is a very interesting fund, which focused in long term Disruptive Innovation. They look everything from blockchain to health, AI, space exploration, fintechs and so on.

They just released their new reports, Big Ideas 2023.

Covering a wide range of Disruptive technologies, they mention bitcoin price targets in2030:
From 250k usd to 1.5mi usd.

https://ark-invest.com/big-ideas-2023/

Nice report to read.

Topic: Ark Investment lanches report Big Ideas 2023: bitcoin price above 1mi in 2030 - page 2. (Read 305 times)