JP Morgan analysts say bitcoin's most probable price outcome is to never hit 100k as it is terribly overpriced. JPMorgan Chase & Co. strategists recently
released a report where they mention that Bitcoins's price is overpriced and for it to hit the 100k mark it would need to have volatility decreased. They point out that Bitcoin is now being traded above 60k but the true price for Bitcoin should be $35k.
What do you guys think about this?
Lets say its like this head of Windows phone back in the day he was treantend of Iphone I forgot what he said but from what I understand he was expressing windows phone was chipper and affordable than Iphone. Plus the exact thing what he did was making there business flop despite that he did everything he could to save the company and 2017 windows phone is dead.
Joe Belfiore interview/negative speech thretend of Appple= Windows phone is dead.
I could not find the source of interview on what was ask to exactly to Joe Belfiore for you all to understand it. Still My point here is if this JPMorgan Chase & Co talks about bitcoin and said "terribly overpriced" he might regret it years later like Joe Belfiore.