Max Keiser: Bitcoin’s going to be worth a trillion dollars soon! - page 2.

allthingsluxury

legendary

Activity: 1540

Merit: 1029

Quote from: Hydrogen on August 29, 2017, 06:43:06 PM

These predictions aren't worth much unless they make a disclaimer where they guarantee they're not invested in what they're promoting.

Usually when people make predictions like this, it means they're holding a lot of something. They make public predictions to drive prices higher and make their profits.

This could mean Max Keiser is holding a lot of btc at the moment & he says this hoping people will buy btc to make his profits for him.

Max Keiser has been involved with BTC since nearly the beginning of the movement. Past results are not an indication of future results however. Who knows what will happen. No one.

kumiskura

full member

Activity: 632

Merit: 122

hmmm max ?
i remember when he said START coin will be worth $1 one day,
and after that a huge crash happen,
because of that i don't believe him anymore,

xypos

sr. member

Activity: 532

Merit: 250

Well he is indeed known for predicting things like that.

Whether "soon" is a month, a year, or a decade is up for debate. He has not made it clear when it is going to be, so it is really ambiguous.

1 trillion market cap will eventually occur as fiat inflates itself to another financial crisis, but i don't think that it is as easy as what Mr. Keiser is making it sound like. It'll essentially require the bitcoin price to be around $50,000 - 60,000 forit to have a 1 trillion dollar market cap, which is a far cry from reality right now at least.

Don't take this stuff as investment advice, he is extremely biased obviously.

magneto

hero member

Activity: 1666

Merit: 753

He is known to be an extreme bull of bitcoin, so always take his predictions with a grain of salt.

I sort of agree with him that in the long term, bitcoin's worth is going to be really infinite in fiat terms. This is because fiat does not hold any intrinsic value because the government can always abuse their power to print more, while bitcoin can't be abused like this.

I don't agree with how he says it, he seems like a coverage hungry guy tbh just making up figures wherever he goes. I doubt that btc is going to suddenly be worth a sizeable fraction of the world monetary supply any time soon, but if given enough time(we're talking about decades here, not months or years), this is more than achievable.

Denker

legendary

Activity: 1442

Merit: 1016

He spoke of Bitcoin's market cap, just to make that clear. But in another interview which can viewed on youtube also, he said that Bitcoin will be worth $100k each!! He didn't mentioned any time frame he expects that to happen by the way, but he beilieves these numbers are possible. Max is covering Bitcoin since many many years now. He has been one of the first guys out there from the media landscape doing so and has known figures of the industry as guests on a regularly basis.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

ever since bitcoin price started going up, everyone became bitcoin speculation expert and they come up with numbers as if it is a competition to see who can give the biggest number. the funny part is that they all become silent as soon as bitcoin takes a dive or the rise stops of whatever.

I always say these "predictions" are only worth something if they talk about them when price is falling not after a big rise and when everyone is happily buying.

Bitcoinaire

sr. member

Activity: 696

Merit: 439

Max has been dead on for a while with cryptos, and another 10x or so will make a $trillion, NBD.

Hydrogen

legendary

Activity: 2562

Merit: 1441

These predictions aren't worth much unless they make a disclaimer where they guarantee they're not invested in what they're promoting.

Usually when people make predictions like this, it means they're holding a lot of something. They make public predictions to drive prices higher and make their profits.

This could mean Max Keiser is holding a lot of btc at the moment & he says this hoping people will buy btc to make his profits for him.

allthingsluxury

legendary

Activity: 1540

Merit: 1029

Max and Stacy discuss the Trump administration starting some trade wars - from renegotiating Nafta to looking at China’s treatment of ‘intellectual property’. They also discuss the trillions in unexploited mineral resources in North Korea.

In the second half Max interviews Dan Collins of TheChinaMoneyReport.com to discuss the ‘Doklam Transgression’ and the ‘Line of Actual Control’. The media has largely ignored the confrontation between India and China but will they notice if a hot war breaks out?

Click here to watch this video:

http://goldsilvernews.blogspot.ca/2017/08/bitcoins-going-to-be-worth-trillion.html

Topic: Max Keiser: Bitcoin’s going to be worth a trillion dollars soon! - page 2. (Read 1753 times)