Topic: Bitcoin base case target on 2030 is $682,800 according to Ark Invest - page 2. (Read 241 times)
October 15, 2023, 11:36:38 AM
We have more than 5+ years left for 2030 now. So I think it’s completely useless to predict for that time from now on. Yes you can estimate that the coin will go up in price in future, but thinking of 2030 is still a lot. We might see 2 bull runs in the between if I am not wrong. And many things can happen in these. We might see Bitcoins crossing more than the amount mentioned above or Bitcoins collapsing. So consider and predict for 2024 first. Let’s hope for the best.
October 15, 2023, 10:50:25 AM
All the fund managers and their high flying price predictions. Sure, it would be great for them if Bitcoin saw such massive price increases and I think part of the reason they make these statements is to try and get other fund managers to join them and help fulfill the prophecy. Will they be successful? We will find out in the near future.
October 15, 2023, 09:42:41 AM
The reality is that too many speak above the average price, perhaps they are analyzing the truth?
It's not just one or two more speculations coming in with high numbers I wouldn't be surprised because the reality is they will be making waves with FOMO again for years to come, if Michael Saylor says it's unrealistic then it's true but basically 2030 is still very much for us to see and what the prices and capitalists will be at that time.
Which of them is the closest? Of course this prediction is still too far away, we are now looking from one side for the next cycle in 2024 and in 2025 which will be more speculation said with their expectations maybe they will tell the truth, while some readers seeing this news will think it is a little wild.
It's not just one or two more speculations coming in with high numbers I wouldn't be surprised because the reality is they will be making waves with FOMO again for years to come, if Michael Saylor says it's unrealistic then it's true but basically 2030 is still very much for us to see and what the prices and capitalists will be at that time.
Which of them is the closest? Of course this prediction is still too far away, we are now looking from one side for the next cycle in 2024 and in 2025 which will be more speculation said with their expectations maybe they will tell the truth, while some readers seeing this news will think it is a little wild.
October 15, 2023, 06:25:17 AM
Every year they make a new report, but they still don't say anything new except for repeating worn-out phrases and trying to cause FOMO. In addition, when I see that someone is speculating about the price of BTC and also gives a specific price that is not rounded for some reason, it convinces me even more that they are pulling these numbers out of a hat, and not from some serious analysis.
https://bitcointalksearch.org/topic/cathie-wood-says-1-btc-1m-by-2030-how-possible-5422764
https://bitcointalksearch.org/topic/--5389589
https://bitcointalksearch.org/topic/cathie-wood-says-1-btc-1m-by-2030-how-possible-5422764
https://bitcointalksearch.org/topic/--5389589
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October 15, 2023, 01:39:54 AM
Very nice and I hope so, if possible the bullish scenario of 1.48 million but the truth is that Cathie has no fucking idea what bitcoin will be worth in 2030, so I take this prediction as any other. The price of bitcoin will continue to grow both because it will be increasingly appreciated and because fiat currencies will continue to devalue, but getting the exact figures right 7 years out is very difficult no matter what data you analyse or what predictive model you use.
October 14, 2023, 11:53:33 PM
This report did not only mention a base case price target of $682,800 on 2030 for bitcoin, it also mentioned a bearish case target of $258,500 and a bullish case price target of $1.48 million.
This prediction might be more closer to occur in reality than Michael Saylor's prediction, I reckon. However, Ark Invest's bullish case price target should be backed by eating a human organ on national television by the CEO hehehehe.
CEO of Ark Invest Cathie Wood
Source https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/Big_Ideas/ARK%20Invest_Presentation_Big%20Ideas%202023_FINAL_V2.pdf
This prediction might be more closer to occur in reality than Michael Saylor's prediction, I reckon. However, Ark Invest's bullish case price target should be backed by eating a human organ on national television by the CEO hehehehe.
CEO of Ark Invest Cathie Wood
Source https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/Big_Ideas/ARK%20Invest_Presentation_Big%20Ideas%202023_FINAL_V2.pdf
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