Post
Topic
Board Bitcoin Discussion
Re: What can we expect from this statement of Michal Slayer..
by
OgNasty
on 23/09/2022, 03:51:50 UTC
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

My opinion is that Michael Saylor is going to say that Bitcoin is going up forever, because he's literally said already that Bitcoin is going up forever.  His reputation, company, and wealth are all tied to this happening, so of course he's going to say that.  I'm not a huge fan of Saylor promoting Bitcoin like a Ponzi scheme, but most shitcoins are seeing even more bulltardesque promoters so I guess it's not the worst thing for Bitcoin to have one as well.  Although I would argue the amount of Bitcoin Saylor has amassed in itself is a negative for Bitcoin and if one man ends up with unfathomable wealth, then maybe Bitcoin isn't doing what it's supposed to.