Pantera CEO Says Bitcoin Will Explode in Three to Nine Months - page 2.

The Sceptical Chymist

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Quote from: exstasie on April 12, 2020, 09:07:16 PM

That is not Dan Morehead or anyone who has anything to do with Pantera Capital. Grin

I think it's some actor named Branden Miller.[/url] What is your process when choosing these pictures? A little due diligence please. Wink

Thank you for bringing that up so I wouldn't have to for the millionth time in OP's threads.

Never heard of Pantera Capital, but it doesn't really matter who they are and I don't trust public announcements like this from investment firms or money managers, because it always strikes me as a bald-faced attempt at hyping an asset that they likely own. It's also only one person/company's opinion, and for every one of those you find that tells you bitcoin is going to spike there are probably hundreds of others telling you the opposite. The truth is that none of them know for sure, so it's all noise.

Quote from: justdimin on April 13, 2020, 11:14:33 AM

Lol that picture was really off putting and I didn't really understand the relevance

There is no relevance, and I'm putting OP on ignore for constantly using irrelevant images.

justdimin

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Lol that picture was really off putting and I didn't really understand the relevance, first I saw that and I said if THATs the ceo then I wouldn't really listen to him and or what he says, that person must be crazy. Then I googled and he is not the ceo at all, and then I came here to read the responses and it turns out he is an actor and frankly actors do go into costumes so that makes more sense and that person in the picture could be sane, just acting.

However like exstasie said that has nothing to do with the topic or the person so why would you choose something like that Cheesy

. It literally drops the credibility of the dailyhodl website to spread around stuff like this to create clickbait articles with clickbait images to get more people to their websites.

LFC_Bitcoin

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Governments have been endlessly printing money, traditional investments will see low rates of annual interest, worldwide economies are fucked.

The halving is in literally one month, we’re halving the supply of new coins unlike governments who are printing more & more useless fiat.

Of course bitcoin is going to explode, limit the supply, increase the demand = MOON.

hugeblack

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Quote from: bbc.reporter on April 12, 2020, 08:38:45 PM

“I think this is the most complicated and really crazy environment that I’ve ever experienced. There’s so much uncertainty. The only thing that I’m certain of is it’s not going to be a V-shaped recovery.”

I do not think that betting on this will be completely correct, as there are many scenarios that have not been resolved yet, including that the rapid recovery from the economic effects of this pandemic will restore confidence in govs, and therefore we may witness a rapid return (V shape.) "Perhaps success in getting rid of the economic consequences before the beginning of June."

Therefore, all expectations are linked to the return of the economic recovery, the solutions that governments will follow, and whether or not a recession will occur.

Note that we have not had such problems since the creation of Bitcoin, so the analyzes will not be accurate.

Reid

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Quote from: bbc.reporter on April 12, 2020, 08:38:45 PM

“I think this is the most complicated and really crazy environment that I’ve ever experienced. There’s so much uncertainty. The only thing that I’m certain of is it’s not going to be a V-shaped recovery.”

I agree with this last line and somehow I am being dragged by the optimism so I think it is a good thing to be spread.

What complicates things is when this virus will be stopped. By that, I mean totally annihilated in the face of the world.
It seems like as it takes longer the financial industry could way down and I think bitcoin will also be affected by it. No doubt.

So, the summarize time of about 3-9 months could go way longer like a year or maybe a couple.
Maybe it aint a perfect V but more like a widen one or maybe a W. Let us not forget about the halving, there is still a chance a hype may happen.

Quote from: Jating on April 12, 2020, 11:30:48 PM

@exstasie - You never learned from @bbc.reporter when he is posting pics, remember his Tom Lee's pics here? Tom Lee, from bitcoin bull to bitcoin bagholder, it could be misleading though for newbies. Grin

Is he still doing it like an April Fools? Grin

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@exstasie think we know by now bbc.reporter does not really come close to the standards of a BBC reporter. There's probably copyright infringement on just using stuff like that.

@slaman29: Yeah, Pantera, Schmantera. Is random price prediction for thought leadership appearance still a thing? Thought we consigned meaningless influencer predictions on podcasts to 2019. Though I suppose his firm is all about speculation.

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Quote from: Jating on April 12, 2020, 11:30:48 PM

@exstasie - You never learned from @bbc.reporter when he is posting pics, remember his Tom Lee's pics here? Tom Lee, from bitcoin bull to bitcoin bagholder , it could be misleading though for newbies. Grin

I did remember that thread when He posted a wrong Photo of "Tom Lee" in being quoted But was been edited because of some clarifications from posters.

Quote from: Jating on April 12, 2020, 11:30:48 PM

I'm also very bullish on bitcoin regardless of the Covid-19 pandemic, one thing that we still have is the bitcoin block halving. Yes, bitcoin is one speculative asset but if you can ride the waves then why not?

Majority of us here are Bullish(Even sometimes frustrations comes because of lowering prices) but we are not losing hope because we have already seen many bear market like this before.

Jating

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@exstasie - You never learned from @bbc.reporter when he is posting pics, remember his Tom Lee's pics here? Tom Lee, from bitcoin bull to bitcoin bagholder, it could be misleading though for newbies. Grin

I'm also very bullish on bitcoin regardless of the Covid-19 pandemic, one thing that we still have is the bitcoin block halving. Yes, bitcoin is one speculative asset but if you can ride the waves then why not?

exstasie

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Quote from: bbc.reporter on April 12, 2020, 08:38:45 PM

Pantera Capital co-founder and chief executive Dan Morehead says he believes Bitcoin will explode in a matter of months.

That is not Dan Morehead or anyone who has anything to do with Pantera Capital. Grin

I think it's some actor named Branden Miller. What is your process when choosing these pictures? A little due diligence please. Wink

Quote

“I think this is the most complicated and really crazy environment that I’ve ever experienced. There’s so much uncertainty. The only thing that I’m certain of is it’s not going to be a V-shaped recovery.”

I agree with him there, but given that BTC just follows the stock market, it won't be a V-shaped recovery for BTC either. I'm not sure when BTC will finally diverge from the rest of the market, but it might not be until the recovery phase of this economic crisis. Q4 or maybe even next year.

bbc.reporter

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I am happy about his optimism. However, similar to other speculative investments, bitcoin also abides by a similar level of uncertainty like the stock market, does it not?

The level for bitcoin might also be higher.

Pantera Capital co-founder and chief executive Dan Morehead says he believes Bitcoin will explode in a matter of months.

In a new episode of What Bitcoin Did, Morehead says he expects central banks to steadily debase fiat currencies in response to the coronavirus crisis, leaving investors to seek alternative assets with a fixed monetary supply. The Pantera Capital CEO describes the devaluation of the UK pound sterling as an example.

Meanwhile, Morehead expects the stock market to struggle big time. He says that an immediate V-shaped recovery many are hoping for is not going to happen.

“I think this is the most complicated and really crazy environment that I’ve ever experienced. There’s so much uncertainty. The only thing that I’m certain of is it’s not going to be a V-shaped recovery.”

Read in full https://dailyhodl.com/2020/04/12/pantera-ceo-says-bitcoin-btc-will-explode-in-three-to-nine-months-warns-equities-wont-see-v-shaped-recovery/

Topic: Pantera CEO Says Bitcoin Will Explode in Three to Nine Months - page 2. (Read 357 times)