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Author Topic: [2024-08-02] Analyst Predicts Bitcoin Will Reach Extremely High Value  (Read 115 times)
CoinTürk (OP)
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August 02, 2024, 09:17:20 AM
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Popular chain analyst Willy Woo predicts that Bitcoin (BTC) will ultimately reach an extremely high value. The analyst made many striking claims for the largest cryptocurrency, attracting the attention of the crypto world.

Read the full article here: https://en.coin-turk.com/analyst-predicts-bitcoin-will-reach-extremely-high-value/
Saint-loup
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August 02, 2024, 05:39:40 PM
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Willy Woo is maybe popular but I don't think he is much reputed, or at least reputed in a bad way. He is well known to have made several spectacular and irrealistic predictions in the past which failed miserably in the end. Besides that I don't understand why you've posted such article here, this is not a news at all, it would fit better in the speculation board IMO.

cr1776
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August 06, 2024, 01:41:22 PM
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Willy Woo is maybe popular but I don't think he is much reputed, or at least reputed in a bad way. He is well known to have made several spectacular and irrealistic predictions in the past which failed miserably in the end. Besides that I don't understand why you've posted such article here, this is not a news at all, it would fit better in the speculation board IMO.

People said dollar parity was unrealistic.  Ditto for $10.  Ditto for $100.  Ditto for $1000, $10000, etc.  There is nothing "irrealistic" about his prediction in there if history is any guide.  The same people who were saying bitcoin was a "bubble" or "tulips" etc in 2010-2023 are saying the same things now.   

I don't know what predictions he has made in the past that failed miserably, but as an asset class in addition to all the other use cases bitcoin has plenty of room to run.
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