Post
Topic
Board Speculation
Re: Bloomberg predicting BTC reaching $400K in 2021
by
bitgolden
on 10/04/2021, 18:51:29 UTC
First Who is Bloomberg to make prediction about Bitcoin? This is Obviously a "Media Riding Crypto" news .

I would appreciate if this comes from those we already Knew that Crypto related sites or individual but Bloomberg ?

They understand the popularity of Bitcoin this year and they don't wanna be late for the ride so even if they will look stupid yet they will release such Hari Houdini Prediction .
Bloomberg is a news agency, they are a media company but they are a software company for the financial companies that turned into a media company as well. I would guess that they would know somethings about crypto and all financial related stuff because they have been involved for so long that people they employ know what they are doing.

However there is a reality is that we are talking about something that is not going to be truth all the time, not just they could be wrong because they are human and they could be wrong which is one aspect of why they could be wrong, but there is also a fact that we are talking about media which is known to lie about things. However I do agree with this one, gold is definitely was a boomer investment asset whereas crypto became something for us, there are way too many millennials who are getting richer thanks to bitcoin and all other crypto so our generation will care more about crypto than gold.