Topic: Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO - page 2. (Read 245 times)
October 17, 2018, 02:36:52 AM
He is right about the next bull run as historic charts suggest the same thing. Wisely he did not set a date as this is not easy to predict, does look it will happen this year so it's a long hodl
October 17, 2018, 02:23:25 AM
I'm not surprised on how they shill about bitcoin because obviously they have huge investments and its taking a beating because the market suddenly plummeted and there's no bull run in the horizon. So they started to influenced investors to put there cash by saying that bitcoin will go x10 and so on. But if you look closely, intelligent or even casual investors know that there's no bull run to happen at least not this year.
I don't think he's necessarily shilling. I mean, he didn't say it was going to happen immediately. He just said that Bitcoin needs a catalyst for such a thing (specifically scalability and insitutional money), which is basically what everyone else is saying. The 10x figure is kind of an ass pull though, unless he mentioned other things not mentioned in the article.
I do agree with him that the market has bottomed up, and we might get to test that belief if (or when lol) Tether collapses.
October 17, 2018, 01:26:58 AM
I'm not surprised on how they shill about bitcoin because obviously they have huge investments and its taking a beating because the market suddenly plummeted and there's no bull run in the horizon. So they started to influenced investors to put there cash by saying that bitcoin will go x10 and so on. But if you look closely, intelligent or even casual investors know that there's no bull run to happen at least not this year.
he is shilling his company and advertising it by talking about bitcoin and his company is not really invested in bitcoin. it is mostly invested in altcoins and ICO and that is why it is taking a big beating and losing a lot of money which makes them desperate for a pump to come to the altcoins.
as for bitcoin bull run, it is on the horizon and it is coming. in fact this price right now is the start of the bull run since every one has always started with an accumulation phase when price stays stable.
October 17, 2018, 01:03:20 AM
10x is perfectly possible. Last year (2017) the bitcoin price run up almost 20x. So it is not surprising if 10x actually happen.
October 17, 2018, 12:48:10 AM
I'm not surprised on how they shill about bitcoin because obviously they have huge investments and its taking a beating because the market suddenly plummeted and there's no bull run in the horizon. So they started to influenced investors to put there cash by saying that bitcoin will go x10 and so on. But if you look closely, intelligent or even casual investors know that there's no bull run to happen at least not this year.
October 17, 2018, 12:25:56 AM
Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO
The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation.
Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market cap to more than $2 trillion.
“If you look at that next bull run, I think the crypto space overall could hit 10x from here.”
https://www.ccn.com/next-bitcoin-bull-run-will-see-crypto-prices-rise-10x-pantera-cio/
Everybody shouts about a quick bull market. It bothers. How not to see us a new bottom.
The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation.
Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market cap to more than $2 trillion.
“If you look at that next bull run, I think the crypto space overall could hit 10x from here.”
https://www.ccn.com/next-bitcoin-bull-run-will-see-crypto-prices-rise-10x-pantera-cio/
Everybody shouts about a quick bull market. It bothers. How not to see us a new bottom.
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