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Board Press
Re: [2018-07-19] Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000
by
1Referee
on 19/07/2018, 13:27:48 UTC
weird price claim. it managed 20 grand based on the usual suspects. so he's saying if it infiltrates every market and attracts every potential buyer it's gonna double from there? that doesn't seem very realistic or ambitious to me. we're probably at 5-10% of market saturation right now and that might be massively overstating it.

It may sounds weird, but he's totally not into Bitcoin as we are, which is perfectly fine. In most cases people that aren't into Bitcoin don't think it has any sort of value at all, so to see a traditional bobo speak out that Bitcoin could be worth $40,000 is pretty bullish to me. He's just realistic, which is what I like and prefer to see. What's the point of seeing fools throw with $1,000,000 predictions while we're still far below $10,000?

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Also, the article fails to state truth; he hasn't actually said that he invested 1% of his capital in Bitcoin. It's just that the value went up high enough to account for 1% of his worth right now. Based on his 'small' investment in Bitcoin it directly points out that it was done to counter the regular economy and the loss of value of his fiat wealth. Smart man he is.