Arthur Hayes saying Bitcoin could hit a million bucks is wild. But hey, if we’re sitting at $900k with everyone hyped, I'm all for it haha.
Arthur Hayes Predicts Bitcoin Will Hit $1M What Do You Think?
19 replies 103 views
Arthur is a funny guy. Back in November he was all about Trump boosting Bitcoin to a million. Now he's acting like it’s a pipe dream? Why didn’t he mention this back then?
Totally agree. Bitcoin is gonna keep rising, no doubt. People keep waiting for policy changes, and that's just making things more bullish, right? Like the old saying, buy the rumor, sell the news.
Right? The market sentiment is strong and Bitcoin is still on its upward trend. Sure, there will be dips, but we haven't even hit the peak yet. Also, Arthur changes his tune so easily.
mike.degenMember
Posts: 37 · Reputation: 228
#5May 28, 2019, 07:19 PM
Exactly! These guys just say what suits their agenda. If they want to sell, suddenly it’s all sunshine and rainbows about Bitcoin. But I think many who bought have already done so, and soon we’ll see those positive forecasts before a big sell-off.
Sure, but I think the US and Trump are positioning Bitcoin as a key asset. Maybe not under Trump himself, but the next president might really pump funds into Bitcoin and drive that price up to seven figures.
Yeah, Bitcoin's come a long way from zero to where it is now. Why not a million? Institutions and governments are investing to hold value, so it’s a possibility. But can this happen under Trump? I’m not so sure.
I see Bitcoin hitting a million too, just not in the next four years. Expectations are too high if people think it’ll happen soon.
I have a theory. I think before he tweets or writes something, he stocks up on Bitcoin first, then drops the prediction. Bought in November, sold in December seems like a strategy to me.
I believe that too! Once the US has Bitcoin reserves, the rest of the world will follow. Just like how they used to hoard gold, countries will go after Bitcoin, driving it to $1M.
kevin_atlasFull Member
Posts: 56 · Reputation: 589
#11Jun 1, 2019, 02:11 AM
@JeffBrad12 Totally agree! If Trump brings in Elon Musk for government efficiency, he should also get Michael Saylor to help with Bitcoin reserves. Saylor's got a roadmap for it!
Interesting, but I don’t see Bitcoin being more appealing than just printing more dollars. They control the dollars and can just pay off debt with those.
I used to think those claiming Bitcoin would hit a million were just dreaming. But now I’m starting to see it might not be impossible after all.
Not a dream, it's reality! It’s definitely possible.
Right? But I’m still cautious. If everyone’s on the hype train about Bitcoin hitting $1M, maybe it’s gonna take longer than expected.
AtomicForkFull Member
Posts: 110 · Reputation: 479
#16Jun 2, 2019, 12:28 AM
If the Swiss central bank buys Bitcoin like gold, that could send the price soaring. But I’m curious about their reasoning for doing so.
I doubt it’ll hit $1M soon, just because of US spending. The strategic reserve is vital, and I think it’s a mix of factors that'll eventually drive the price up.
It’ll happen eventually, just a matter of time. Whether it’s a decade or more, Bitcoin will eventually outshine everything else.
What Arthur writes sometimes feels like nonsense, honestly. He says stimulus checks are why BTC prices rose, but what about the huge jumps before that? Seems like he’s just throwing ideas around.
ben.matrixNewbie
Posts: 1111 · Reputation: 35
#20Jun 5, 2019, 05:41 AM
Agreed! He writes lengthy stuff, but he’s pretty knowledgeable. His theory on stimulus checks could hold some truth, especially with inflation affecting the market. And now he’s predicting the dollar will devalue, pushing Bitcoin to $250k.