Topic: David Gokhshtein: Bitcoin Price Will Reach $80K - page 4. (Read 664 times)

Bitcoin Stock to Flow Model points out a mid-price is about $100,000. It's price at mid line of this bull run. See that model with buybitcoinworldwide

Mayer Multiple Bands show the top would be higher than $200,000.
Mayer bands on buybitcoinworldwide

$80k, good but not the top of Bitcoin.

$80K? That's pennies. BTC should be in the $xxx,xxx range. Great times waiting ahead, HODL, avoid the FUD and enjoy the ride folks!

While it's a shitcoiner and his declarations are clearly biased, he does have a point: institutional investors are here, certain banks make clear steps towards Bitcoin (and allowing their customers directly into Bitcoin), heck, it's even legal tender in a country, ... and still the market reacts like we're going towards the end of the world.

I know that one reason is the big drop in hash rate, but I think that's over reacting. The hash rate is already getting back up (for today 120 EH/s was reported again).

Pretty much. Dude owns a media company, so I'm going to assume this coin hopping thing(including this useless price prediction thing) is just one of his antics to get him and his company as much publicity as possible. A really annoying one at that.

to be honest David Gokhstein looks to me like the classic shitcoin bagholder who thinks just because some shitcoin has a lower price it must have a good future. but he forgets that the shitcoins have been around for many years and have been dumping to reach these low prices.
his tweets are also showing the bags he is holding, it is more obvious when he also encourages others to buy those shitcoins (like XRP, ETH, DGB, etc.) a classic shitcoin pump and dumper mentality.

expect to see more people like Gokhstein and Musk in cryptospace as bitcoin price keeps going up.

Good catch. I've not overly familiar with his takes as I tend to ignore most famous people who side with x, and y, but seems like a typical infulencer which will say whatever the way the wind is blowing. I suspected as much when there wasn't any real reasoning to his arguments on why Bitcoin would specifically hit 80k, and it just seems like a figure pulled out of his arse.

So, it seems like David Gokhshtein is just jumping around cryptocurrencies, and praising them wherever he can. The fact that he's praised some of the cryptocurrencies which don't really have anything interesting going for them says it all.

Funny how he's back at siding with Bitcoin after he sided with Elon and DOGE when Elon was having his Twitter meltdown. Screw that guy.



https://twitter.com/davidgokhshtein/status/1393744417496997890

First off, other than his prediction being merely speculation, what banks exactly have been telling us to get out of cryptocurrencies? I haven't seen too much coverage on this, and while banks do have it written into their terms of services, that cryptocurrency is a high risk transaction, that isn't exactly wrong. Banks do it, to prevent their customers complaining that they didn't offer the protection, that they would expect from a bank. Speculate all you want, but banks haven't really waged a war of Bitcoin like the many articles claim, in fact hasn't there been positive news over in the USA regarding banks allowing cryptocurrencies or even implementing it into their service?

PAC Protocol CEO David Gokhstein shared his views on the latest bitcoin status on Twitter.
In particular, Gokhstein called the current market reversal "super necessary" to keep up the price of the flagship cryptocurrency, Bitcoin. According to him, the next step in the price of bitcoin will probably be $ 80,000.


Note that, at the time of writing, Bitcoin is down 7.5 percent and is currently below $ 32,000. The decline in bitcoin prices came amid statistics released by the US Department of Labor on a sharp rise in prices in the United States in June.
It turned out that the key consumer price index jumped 0.9 percent compared to June, reaching 5.4 percent, which was a record increase and was last seen only in 1981.
The decline in the price of Bitcoin indicates that this cryptocurrency, in which many corporate investors have invested, is often seen by them as a risky asset.
However, Gokhstein is a staunch supporter of Bitcoin and has defended it many times. He believes that Bitcoin wants to complete the world economy. According to him, bitcoin is an option for saving.
Gokhstein has also been highly critical of banks. In a recent tweet, he said that banks themselves buy cryptocurrencies while forbidding ordinary consumers from doing so.


David Gugstein has also repeatedly suggested to his followers that they use LightCoin (LTC) and DigiBite (DGB) as a means of fast payment. The experienced financier has repeatedly praised Ripple (XRP) and said that those who cash in on the cryptocurrency will one day use it.


Source: https://u.today/david-gokhshtein-noted-the-super-necessary-correction-and-said-the-bitcoin-price-will-reach-80000