Bitcoin [BTC] Price Could Reach $1.5 Million by 2030 Says Cathie Wood - page 4.

nelson4lov

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Cathie wood and ARK Invest have a bag of BTC BTC and they're only shilling their bags loud enough for the wall street big boys and mainstream big players to jump on Bitcoin and pump their bags. We have seen many optimistic like the John Mcafee $500K prediction in 2017

This is why I take these Bitcoin price predictions with a grain of salt because even if Bitcoin doesn't reach that price, no one can hold them accountable.

Quote from: AmoreJaz on January 12, 2024, 05:09:01 PM

if they are giving such very high predictions on this market, it means, they have ulterior motives. they may have vested interest or hodling some of cryptocurrencies. of course, you want to feel bullish for what you have, right?
and for sure, at one point, they will discard some if they are already in profits. after all, we are here to take profits and not just wait for nothing.

Of course, they have a bag and are one of the firms that pushed for a Bitcoin ETF approval so obviously they have a bag and want other majority players to jump in so they can make more profits for being "early".

Moreno233

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/

I don't take these predictions seriously anymore because the rate at which they fail is alarming. Before the ETF approval, many of the predictions were made hoping that the ETF approval will drive the price so high. Many of them were looking at the combined effect of the ETF approval and halving. But the reaction of the market to the ETF approval leaves many people disappointed. Besides, I don't anything different from the CEO of ARK Invest because it is also a way of promoting his business. They have to give people reason to inject money into Bitcoin. The only thing reasonable to do is to buy Bitcoin and hold with little attention paid to the price.

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Quote from: hatshepsut93 on January 12, 2024, 04:36:03 PM

Did she buy some BTC or has BTC-related stocks? Because every time someone influential starts hyping Bitcoin, it's probably because they got skin in the game and try to leverage their influence. But remember that these people always take profits, they don't "hodl", they invest. She'll probably sell long before Bitcoin will be even 1/4 close to that price target, while retail investors will pump the price waiting for these moon predictions.

if they are giving such very high predictions on this market, it means, they have ulterior motives. they may have vested interest or hodling some of cryptocurrencies. of course, you want to feel bullish for what you have, right?
and for sure, at one point, they will discard some if they are already in profits. after all, we are here to take profits and not just wait for nothing.

Quote from: tyz on January 12, 2024, 03:59:26 PM

Cathy Wood is a contro-indicator for me, so I don't think BTC will reach $1.5 million by 2030. Her Ark fund is a disaster. I don't understand why she is so hyped just because the fund did well during the low interest rate phase and the whole tech rally. But it has been underperforming massively for over 2 years now and has missed some trends (e.g. AI).

maybe want to make noise and see if it will do good on her business. because if they will encounter her name, for sure, people will search about her and see who is she in this market. most of the time, if a person is exaggerating something, he or she has some motives and want to make it happen no matter what.

hatshepsut93

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Did she buy some BTC or has BTC-related stocks? Because every time someone influential starts hyping Bitcoin, it's probably because they got skin in the game and try to leverage their influence. But remember that these people always take profits, they don't "hodl", they invest. She'll probably sell long before Bitcoin will be even 1/4 close to that price target, while retail investors will pump the price waiting for these moon predictions.

Fatunad

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/

Here we go again with these kind of price speculations on reaching out $1M+ or even more on short span of time but well there's no way that we could be able to know on what are
the things that could happen in the future, specially now that ETF's had been approved then we do know that institutional funds are really that flowing into this market
on which we do know on how many Trillions could actually flow into this crypto space not only that limited on Bitcoin but also in other coins as well.
There's no way on knowing about the future but at least we do really know on where it could possibly go basing up on the current sentiments which is happening now.

This is why if you are really that a believer or having that kind of hopes and beliefs about Bitcoin then it would be always wise and smart that you should really
be that making out that kind of accumulation while the price isnt really that still high. It would be best that you should really be that
considering on making some entry while the price is really just that still low.

bitzizzix

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I'm sure we all often come across very high Bitcoin price predictions in the next few years, but those are just possible predictions predicted by famous people so some people believe them. Actually, we can also predict the price of Bitcoin as we like, but unfortunately no one will believe it. Angry

I personally don't really believe in anyone's predictions because in the end their predictions don't match expectations. And I can only enjoy the process of Bitcoin's journey by taking advantage of profits when the Bitcoin price reaches a new ATH and continues to repeat it.
Even if it happens, I assume it will only happen in the next generation when I am no longer in this world because most of the predictions of high prices will occur in years when we are not necessarily still in this world.

tyz

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Cathy Wood is a contro-indicator for me, so I don't think BTC will reach $1.5 million by 2030. Her Ark fund is a disaster. I don't understand why she is so hyped just because the fund did well during the low interest rate phase and the whole tech rally. But it has been underperforming massively for over 2 years now and has missed some trends (e.g. AI).

hZti

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I hope we see less of those idiotic statements. Bitcoin always performed best when people claimed that it will be dead soon. As soon as "famous" people started to talk about the greatness of bitcoin, the trouble began.

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

I remember that around 2 years ago this kinds of interviews and prediction can impact on me because I was newbie on that time. After grewing up some times the reality is "This type of prediction is not new today, this type of prediction is coming continuously. If we look at the previous bull run, there were many predictors who predicted that Bitcoin would surpass $100k in 2021, but did that actually happen? No it didn't happen, I think all these predictions are pretty much the same.

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Quote from: Poker Player on January 12, 2024, 11:52:13 AM

Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.

These prediction are made just to create some hype and interest. I strongly believe in BTC but 2030 is just 6 years from now, and at this moment BTC value is approx $44k, it means that it has to grow more than 30 times in order to reach that value, it just doesn't make any sense. I think there will be a constant grow (with dumps of course) but $1,5 mln, come on...

kuriboh

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Bitcoin price will reach 1.5 million dollars by 2030 is not certain. I can't say what will happen with the stock market, Bitcoin, or other assets. Bitcoin and other cryptocurrencies are affected by changes in the market, new technologies, macroeconomic trends, and investor sentiment. Predicting the value of Bitcoin is dangerous. When making predictions, it's important to be careful and do research or talk to a financial expert before investing. Keep in mind that the prices of cryptocurrencies can change quickly when unexpected things happen. Before you invest, you should always think about the risks, how much risk you are willing to take, and your current financial situation.

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1million.

It doesn't seem that easy. 2030 is a long time span and $1.5 million is a big amount buddy. None of us know what the future will hold, we have no chance of knowing. Again, it is difficult to predict what will happen in the crypto market, but we are optimistic that the next position of Bitcoin will reach a good high.

However, there is a huge chance for the price to rise this year as it is the year of the Bitcoin halving and the SEC has just approved Bitcoin ETFs. So whether it gets to $1.5million remains to be seen, but I think it has a very good chance. As Bitcoin halving time after 4 years and another halving before 2030.
Therefore, we should not go into any future prediction, patiently hold Bitcoin and wait for the next drop.

ColdLava40

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/

There has always been an avenue for freedom of speech in the Bitcoin community, where almost everyone can make predictions about Bitcoin's price that suit them. It's not new that supporters express their views for something they love and see significant potential in. Undoubtedly, Bitcoin has been exceptional over the years before reaching its current price. While Cathie's predictions might be accurate, it doesn't mean every Bitcoin enthusiast buys into that forecast, knowing fully well that 2030 is a future tense.

aTriz

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Quote from: AnonBitCoiner on January 12, 2024, 11:22:00 AM

$1.5 Million dollar is very big amount. but there is a long time for 2030. anything can happen by then. Bitcoin has a very limited supply, and Demand increasing day by day as Adoption increasing,
Bitcoin ETF Recently passed, and halving coming this year. there will be many other major events like this in these 8 years. so I think it is not impossible for bitcoin to reach $1.5m .
Also these ETF persons are expecting a lot of Cash Inflows after approval of ETFs. I read at another places that $20 billion expected to inflow in Bitcoin in 5 years after ETF approval. Now Lets see how it will go.

I agree that 8 years is a lot of time. and Bitcoin's adoption and demand is increasing at higher scale. but Think about this, Bitcoin price is now $45K+. Its all-time high was around $67K 68K, if Bitcoin price only reached $45k or say $68k in 15 years. do you think it'll go to $1.5 Million in just 6 years? sound too good to be true isn't it? I don't think bitcoin can reach that much even with all those adoptions going on.. it will eventually go there but not by 2030.

Quote from: Poker Player on January 12, 2024, 11:52:13 AM

Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.

You are right, an I wonder what do these So-called Bitcoin experts want to achieve by impressing newbies. Wink

Aanuoluwatofunmi

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/

That is Bitcoin for you, anyone can say whatsoever thing they feel convenient about, but one thing is certain which is it's increasing in value each time we are using it, same way we continue to experience massive adoption of this digital currency, attaining upto a million dollars may not be sooner as possible but is what is possible with bitcoin over time, the way we move along with it this time forward after halving will also determine what we should expect of it in more subsequent years to come.

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We should not take other people's projections seriously or take them at their word, particularly when it comes to predictions like the one you stated that bitcoin may go to $1.5 million by 2030, as predicted by Cathie Wood.
These are merely predictions, and we have no way of knowing if they will come true or not.
As everyone knows, the cryptocurrency market is notorious for its volatility, and a number of factors, including market demand, can affect pricing.
She might offer insights based on current trends, but we must treat such forecasts with caution and awareness of the fact that unforeseen events might impact prices and change the direction of the market.

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Quote from: Poker Player on January 12, 2024, 11:52:13 AM

Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.

only in the prediction contest of Jackclub in the games section. but from those institutions, we've heard of it before. a lot of them also said back in 2021 that the price will hit $100K. never happened. people have to believe in something though. Cattie just gave hope to her audience.

but this is just to hype which i think we also need so that the newcomers of crypto will look at the price and think they can make money when that price is achieved.

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Quote from: aTriz on January 12, 2024, 11:04:11 AM

CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

I have been in the crypto field since 2017, and I have seen there are a lot of such predictions by some Popular individuals in Crypto. Most of them do not happen in reality.

Yes, BTC could reach $1.5m. But I don't think it will happen so easily. 2030 is so early. but who knows anything can happen any time in crypto

Poker Player

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Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.

passwordnow

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I thought that she only said like about $600k. But anyway, anyone who owns a company, a CEO of a company or someone who's relevant to the market that she's talking with and anyone who's very much prominent in anyways of her life, they all have the relevance to what they're saying because they're known.

But what matters is that all of these are opinions that they're saying and no one can know if it's going to happen. We've been into so many speculations about a million dollar per bitcoin and I am enthusiastic and looking forward on it. But we just can't time the market on when it is going to happen, it's just hard to give how and when it will happen.

Those that have been saying so much about the price of Bitcoin, it's now even more possible because of the ETF but right now. All we need to do is to wait on the longer impact of it.

Topic: Bitcoin [BTC] Price Could Reach $1.5 Million by 2030 Says Cathie Wood - page 4. (Read 636 times)