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Topic: Bitcoin Will Move up 25 -30x Faster Than Gold Says, Max Keiser - page 2. (Read 621 times)

legendary
Activity: 3542
Merit: 1162
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I think that is the number one rule of bitcoin people, always be bullish on bitcoin. I mean you see stock market people and forex people saying bitcoin is unsustainable and will be gone in couple of years for years now and it hasn't been going anywhere but up so we can totally disregard them but if you are person who is doing work on bitcoin then you must always be bullish on bitcoin, you think you will ever hear Vitalik come out and say "ethereum is too high right now it will fall" ? He would never say something like that.

So, as the fashion Max Keiser is saying bitcoin will go high faster than Gold, what were you expect him to say? You think he would say something like "gold is going up very well, bitcoin can never do that" or something? That is impossible and illogical.
hero member
Activity: 1526
Merit: 596
Most popular faces of Crypto industry are regularly posting their views on the king coin.

One of the well-known crypto enthusiast and Co-founder of  Heisenberg Capital, Max Keiser believes Bitcoin price will move 25 -30 times faster to the upside than Gold.

What's your take on this, will bitcoin price increase?

I don't agree with how this data seemed to be formulated, since it feels like it's been a completely arbitrary projection. But the general trajectory is certainly going to be that bitcoin's growth will outpace gold's growth in the long run.

Bitcoin is essentially the best digital substitute for gold as a store of value as we have right now. Even people at the Federal Reserve are admitting this (look at the news that just came out if you haven't already, regarding the Fed). It's also experiencing a whole ton more of adoption and thus, increase in demand than gold, not to mention the gradual paradigm shift of gold bugs to opening their minds to cryptocurrencies as a viable safe haven as well.

At the end of the day, as I said, I wouldn't put too much weight on the 25-30x figure he produced - since there is no clear evidence that he's used any legitimate analysis to reach that figure. But I certainly think that over the next few decades, despite gold's status of a global reserve currency will still be there, it will probably diminish somewhat.
sr. member
Activity: 882
Merit: 269
We all know that bitcoin will eventually hit $1,000,000, but when this will happen is still a vague to suppose experts. Those who follow the leading of expert in 2017 have now learned to be cautious about who they listen to.
Listening to experts or professionals in predictions is not a bad thing but following their predictions without personal analysis before investing is what is bad. I have decided to only invest when bitcoin is low or at the bottom and sell when it is too expensive. Outside this, I only listen to their predictions as one of the guides.
full member
Activity: 1736
Merit: 186
I seen his videos on youtube.  You agree he is legit right?
newbie
Activity: 25
Merit: 0
People like Keiser just talking about bitcoin when is "good time to invest"
sr. member
Activity: 1330
Merit: 256
Max Keizer's statement was also supported by Peter Brandt's prediction.  previously it was the prediction of Tom Lee and the Draper Bitcoin team.  and Peter Brandt explained that Bitcoin will reach $ 50000 in the next 2 or 3 years.  I think that is a significant growth in the duration of 2 years.  at least their predictions can minimize FOMO.
copper member
Activity: 2828
Merit: 4065
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Max Keiser to me is just one of the many delusional perma bulls who are only out to contribute to hype rather than helping Bitcoin grow fundamentally. His current statement is a desperate attempt to reach mainstream media.
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Isn't it what he has been doing all these years since Coca-Cola?  Roll Eyes And now he makes predictions that every idiot village knows it will happen 99.999% for sure. Bitcoin VS Gold performance. Seriously? What a risky prediction, he can bet money on it no problem to him. Can't believe each time these guys open their mouth an article is published, no matters the shit they say.
legendary
Activity: 1526
Merit: 1179
You can't go wrong by saying Bitcoin will outperform x or y legacy asset. It's pretty much the same as me saying that x shitcoin with a $25 million market cap will greatly outperform Bitcoin during a bull run.

Max Keiser to me is just one of the many delusional perma bulls who are only out to contribute to hype rather than helping Bitcoin grow fundamentally. His current statement is a desperate attempt to reach mainstream media.

He recently found it necessary to tore up a $50 bill to "prove" how useless fiat is. He could have donated it to a charity or bought Bitcoin with it. He has no respect for value nor the people who don't have any money. Retard.
sr. member
Activity: 617
Merit: 251
I think the bitcoin will rise yes, but not so much, so in such a short time, the currency has strength and many are selling their altcoins to invest in bitcoin, but a forecast of this I do not believe much in these sources.
jr. member
Activity: 56
Merit: 5
Most popular faces of Crypto industry are regularly posting their views on the king coin.

One of the well-known crypto enthusiast and Co-founder of  Heisenberg Capital, Max Keiser believes Bitcoin price will move 25 -30 times faster to the upside than Gold.

What's your take on this, will bitcoin price increase?

do you think with your logic or you just copy past what other say and wait to see what other say base on what you copy past hhhhhhhhh

1. bitcoin in growth out perform any assest  in the world....
2. gold supply much more big then bitcoin supply relative there is equation to see the difference...educate your self littel bit its kids stuff we even not close to the ball park
3. gold is store of value and not cash which mean in the end gold always need to be convereted to some other value(cash) in order to buy whatever you want....in other words selling rate of gold will always grow in some sort of level,,,,and selling rate hurt value, like when people in the peak of price of bitcon selling rate is high....

4. bitcoin is store of value like gold and better because in the same time its cash which mean soon the selling rate will fall drastically because people will not sell them and buy directly with everything and will completey dismiss market movements, which will surge the price up.


so simple its kids stuff we even not close to the ball park where medium and complex things on the way.

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jr. member
Activity: 56
Merit: 5
Most popular faces of Crypto industry are regularly posting their views on the king coin.

One of the well-known crypto enthusiast and Co-founder of  Heisenberg Capital, Max Keiser believes Bitcoin price will move 25 -30 times faster to the upside than Gold.

What's your take on this, will bitcoin price increase?

do you think with your logic or you just copy past what other say and wait to see what other say base on what you copy past hhhhhhhhh

1. bitcoin in growth out perform any assest  in the world....
2. gold supply much more big then bitcoin supply relative there is equation to see the difference...educate your self littel bit its kids stuff we even not close to the ball park
3. gold is store of value and not cash which mean in the end gold always need to be convereted to some other value(cash) in order to buy whatever you want....in other words selling rate of gold will always grow in some sort of level,,,,and selling rate hurt value, like when people in the peak of price of bitcon selling rate is high....

4. bitcoin is store of value like gold and better because in the same time its cash which mean soon the selling rate will fall drastically because people will not sell them and buy directly with everything and will completey dismiss market movements, which will surge the price up.


so simple its kids stuff we even not close to the ball park where medium and complex things on the way.

...
jr. member
Activity: 252
Merit: 1
Its mist likely and I won't agree less with him because this is a very speculative market as against the Gold. As much as the value can go 20x higher, it could also go 20x lower at any time too
jr. member
Activity: 378
Merit: 4
Im not sure about 25 30 x faster but im almost sure bitcoin moves will be much much bigger than gold or others.gold has no risk but low profit.
hero member
Activity: 3080
Merit: 970
www.Crypto.Games: Multiple coins, multiple games
We have seen bitcoin already over-taking gold in terms of price so this is nothing to be surprised of. That's why we shouldn't compare them because obviously bitcoin is the best performing asset we have right now. As my take on the price increase, definitely, we even hadn't touch any all-time-highs yet, so that will be the next target for everyone. New all-time-high and then see how it goes.
I partially agree with you here. Bitcoin has performed better than gold on certain occasions, but gold value is less volatile than BTC value based on what I have observed which is why gold is still more reliable in comparison.

With future developments, BTC volatility will probably fall making it more reliable than gold and this would attract more investors helping its value rise even further with time.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Most popular faces of Crypto industry are regularly posting their views on the king coin.
just because someone is guessing the bitcoin price more often than others, it doesn't really make them "most popular faces of crypto industry"! it just makes them shadier people who seek attention. otherwise the real experts who understand this market aren't making this many statements every day.

Quote
Bitcoin pricewill move 25 -30 times faster to the upside than Gold.
no shit!
you don't have to be an expert or "most famous face" in this industry to be able to come up with that guess. Gold is old and has an established market that is not really growing that much. bitcoin on the other hand is new and every day it grows as it is adopted more. and we still are in the first step of adoption! so saying bitcoin will rise faster than gold is more than obvious.
hero member
Activity: 1834
Merit: 759
Kind of a no brainer statement considering the fact that Bitcoin went from being worth a fraction of a cent each to tens of thousands of dollars within a decade. I expect this to still be true going forward.

If you're asking if statements like this can help increase Bitcoin prices, then no. Not even Warren Buffett and Bill Gates flip flopping on their Bitcoin views can do that. They definitely help "news" sites get clicks though.
legendary
Activity: 2576
Merit: 1655
We have seen bitcoin already over-taking gold in terms of price so this is nothing to be surprised of. That's why we shouldn't compare them because obviously bitcoin is the best performing asset we have right now. As my take on the price increase, definitely, we even hadn't touch any all-time-highs yet, so that will be the next target for everyone. New all-time-high and then see how it goes.
hero member
Activity: 1232
Merit: 669
Most popular faces of Crypto industry are regularly posting their views on the king coin.

One of the well-known crypto enthusiast and Co-founder of  Heisenberg Capital, Max Keiser believes Bitcoin price will move 25 -30 times faster to the upside than Gold.

What's your take on this, will bitcoin price increase?

Bitcoin has been always faster in price movement than gold, just look what has happened before, or look this year, the Gold price hasn't moved a lot since the start of 2019 but bitcoin price is around 12K this is like 250% in a year!
legendary
Activity: 2114
Merit: 1292
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that is kind of an obvious statement though!
it is not day 1 of bitcoin existence, it has been 10 years and for the past 10 years price has been going up a lot faster than anything else, 25-30x is our normal days in bitcoin bull market. statements like this would have been valuable if they came out in early years not after 10 years of big rises they start stating the obvious history and the trajectory that bitcoin is already on.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Bitcoin is already moving faster than gold, though of course at a much slower rate than Max Keiser proposed. Knowing that gold is a completely regulated asset and its marketplace is pretty much an airtight container with different regulations applied as locks, it's completely free from any form of manipulation and other weird and nefarious trading techniques. As of now, bitcoin is still going and going, while gold is still staying on to where it's at currently, and we just know what the reasons are, of course.
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