Post
Topic
Board Speculation
Re: Llew Claseen says BTC will hit 40,000 Dollar by the end 2018.
by
Kulafu
on 26/02/2018, 06:52:09 UTC
Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit $40,000, 90% Of Altcoins Will Fail.
https://cointelegraph.com/news/bitcoin-foundations-llew-claasen-says-bitcoin-will-hit-40000-90-of-altcoins-will-fail

Hmm! it is a bitter prediction after the dip (losses) or a better prediction which need to ponder?
For me, seems Llew Claseen needs a quick revenue after a huge losses.

It's his opinion, after all. It's not something that's going to happen, 100% guaranteed.

I think that there is a chance that this may happen. It does not mean that it's going to happen at all, though.

His opinion is probably not going to influence the market that much, meaning that the theory of him wanting to make a quick dollar by saying this kind of bullish news is probably not true. $40k is nearly a quadrupling of the price, and I personally haven't seen any investments be able to sustain hundreds of percent of growth for 2 years in a row. Bitcoin should be no exception.

Alts come and go, they are quite irrelevant.

Though it is an opinion but there is always a power in the words of the an influential people or a leader.  People tend to take it as a serious statement which can greatly affect the future of crypto.