Post
Topic
Board Speculation
Merits 2 from 1 user
Re: The price of a Bitcoin could cost millions of dollars: Standard Chartered
by
sana54210
on 27/07/2023, 11:38:19 UTC
⭐ Merited by tygeade (2)
~snip~
Where were all these analysts before? Let's say 5 years ago or more. Didn't they repeatedly bury bitcoin and claim that is the financial bubble and empty shell? Smiley
Back then, they probably weren't interested in Bitcoin to the extent that they are today, or their opinions were drastically different from what they think today, which is why many try to let the past stay in the past. If we look at what Saylor, JMP or even BlackRock thought about Bitcoin 5+ years ago, then it is clear that these so-called "experts" are not exactly what they pretend to be.

As for this particular bank, it is nothing new for them to give their predictions, but so far they have not been very successful.

https://bitcointalk.org/index.php?topic=5459383.msg62599530#msg62599530
This is the part where I feel lucky because I never cared about what experts says and did whatever I thought would be better for my future. Experts are usually as much wrong as the noobs because they make grand claims and usually that ends up being false, sometimes they do it knowing that it would blow up in their faces but they need to take a position and in order to take it they need to make sure that people can hear them and in order to be heard you can't say that bitcoin will go up 10%, that won't get you heard and won't be a news, you need to say it will be millions.

This is what they are doing here as well, not that they believe in this, but because they want to be heard and want to attract investors to do business with them.