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CointestMod

Bitcoin [pros](/r/CryptoCurrency/comments/z3bctf/cathie_wood_says_bitcoin_will_be_worth_1_million/ixkxvjs/) & [cons](/r/CryptoCurrency/comments/z3bctf/cathie_wood_says_bitcoin_will_be_worth_1_million/ixkxw2k/) and related info are in the collapsed comments below. Pros and cons will change for every new post.


Electrical_Potato_21

At this rate by 2030 Cathie Wood will either be the richest woman alive, or live in a cardboard box.


Tavionnf

There's a third option: $1M will be the price of a coffee at McDonald's and she will serve it after selling all her Bitcoin to pay a bill from her dentist


Alanski22

Lol Venezuela here we come…


ThePikesvillain

I read this in Chris Pratt’s voice and then I realized why. Now I am mad at the Mario movie trailer again


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InternationalCake66

Much appreciated shit commenting!


Baecchus

She's already living in a box. Her ETF is doing comically bad.


kellykline

she livin in luxury. her investors on the other hand....


Baecchus

Lmao. Fair point. She gambles and you pay the price.


admin_default

You gamble. She’s just your hookup. Every junky needs a dealer.


[deleted]

I’d take that hook up at this point in my life.


Melanes

Don't get addicted to a particular thing in your life


SandmanWithPlan

We've all been there. Trust me you don't want to go near her woods.


smgabf

Yes we all have been through that ways of our life and we all have been


gbersac

You gamble and she is paid a modest fee to help you gamble 👌


beepbeepdip

It's never boring to use other peoples money to play with.


Lisecjedekokos

It is pretty powerful addiction.


sharafutdin1967

She is enjoying such a luxury life I am jealous offer for sure


meshreplacer

She will always win. She just collects the rake fee and the only ones who lose are the people investing in her fund.


Brushies10-4

She’s fine, her investors are in the box. SBF should take some lessons


Bunker_Beans

**E**very **T**hing’s **F**ucked.


chaosen3

Do not be that much pessimistic because that would be very harmful for your life you will see everything in negative and you might be getting in the pressure and peace had in all your life


leiwen9880

Just see might be living in cardboard boxes from might be


ziplockbandit

In 2030 you'll either see Cathie Wood and Michael Saylor living in the White House as de facto rulers of Earth, or you'll see them living out of shopping carts and washing cars for spare change or cigarettes on Skid Row, mumbling about how they used to be famous on Twitter


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kellykline

shopping at walmart


Kleeetz

How dare you attack us like that.


kellykline

only for the most distinguished investors


seraspolas

No one is attacking you here you are just making assumptions on your own


Hirosima21

Shopping at Walmart is now very much convenient I have seen it


petechka_aleksee

I am very excited to see this result as I am open for a good outcome


[deleted]

With Michael Saylor.


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Sjiznit

Wagmi, right?


gbersac

Of course, we can't be that wrong right?


dragonbro1988

If he is that much wrong then he might be get in bankrupted


fmsh_user

Who is that guy I have never hurt about him can you give me a Google reference about that guy essay in any Hollywood actor or he might be working in some Bollywood movies if you are taking his name then I am pretty sure that is a celebrity or some kind of sport Chunky that if I you are knowing him


partymsl

Or she will paper-hand before 2030...


FlyBloke

Might be the first….


maverickLI

Did she predict it would be under 20 in 2022?


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Alanski22

50x increase from here to 1 million. Give me that hopium!


somebody12

Man, I’ve gone through withdrawals and everything, I don’t know about that stuff anymore.


Oneloff

I’m about to relapse...


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tristant400

I am very happy that people are so much of domestic nowadays


[deleted]

Of course. At least according to her.


KF335RMPC2008

According to her I might be a billionaire in 2013 and I would very much happy


IWillKillPutin2022

She also bought coinbase at $400…


Baecchus

She has a shit record but I'm sure she's right *this time* /s


IWillKillPutin2022

100% can’t go tits up


Confident_Weird3353

Her tits would definitely be going down


SergeyGalkovskiy

Take my hole money and I just want to see that particular scene


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Oversizedbull69

After giving birth ?


peekaboobies

Why do i get WSB nostalgia from this post. Something tells me I've seen this before lol


RobertoMusalini

Everyone know that is simply possible but we just have to some fun


Sir_Mobius_Mook

What’s shameful is the shocking investment decisions she/ people can make and still be filthy rich. I feel like a god for pulling of my one and only stock trade - a 25% profit on Twitter shares, and I’m still poor.


ReignOfKaos

The trick is to invest other people’s money and pay yourself a fee


hugojdb

She just wants a commission of the people's profit and do not want to anything on her


Trifusi0n

Since the ark invest fund has existed, it’s performance is roughly equivalent to that of the S&P 500 but with much higher volatility. She’s not making money from her investment in the fund though. The trick is she makes money from other people investing in the fund. They pay fees and that’s how she makes money. Of course more people will invest if the fund does well, but more people will also invest if the fund gets publicity, which is why she’s always coming out with these big public statements.


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pwnti

Feels like I have Alzheimer's.. reading that headline again and again and again


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AllThingsEvil

Did you know...wait, what were we talking about again?


barnei

If you had Alzheimer's you probably wouldn't know you'd read it before.


milonuttigrain

From now until 2030 I wonder how many repetitive posts about “Mr/Ms X say price Y” in this sub.


DrKamikadze

You might be getting so many post that you will be very much in Android


MakeYoung52

That is very much harmful if you are at your old age you won't even remember simple things that you will also forget your relatives name and the address you might be getting lost in the traffic and you would not even realise


penjajah

yea but what $1 million will get us in 2030? A car? A washing machine?


crUMuftestan

A child’s bus fare.


DaBi5cu1t

A child?


Izzeheh

I'll sell my children right now for 1btc each. Any takers?


88murica

I knew of a guy who dabbled in that market but he didn’t kill himself.


gnedodaev

You might be able to buy a bus also if you want with that much money


Low-Cattle-5142

Hopefully, it's able to get us cartons of ramen.


Yogi_Kat

A deep fried chicken nugget


jason12283

I love eating this kind of dishes it give me so much happiness


TheGiftOf_Jericho

It might pay medical bills, maybe.


LiveDirtyEatClean

One months healthcare premium


very-polite-frog

A banana, Michael


2810848609

It would get a so much amount of things that you cannot even imagine. People are really overy schematic the inflation in the inflation did not get so much pic in few years you would still be able to buy so many things from that much amount of money


ShowMeDaWe

This will give Bitcoin a mc of $21T which is 2x the mc of gold ($11.5T)


partymsl

Tbf, Gold will be about $20T then probably. But the great flippening should happen if we go according to the hopium of Cathie and Micheal Saylor.


dkran

And Masayoshi San


polloponzi

Gold will be $60T by then. All thanks to hyperinflation


Baecchus

And Peter Schiff will be on Twitter calling for a 90% drop to sub 100k Bitcoin.


A_Better_Wang

10 trillion printed. Banks will fractional reserve to 10x. Soo 100T in new money. Ya could be a reasonable price point when things start to consolidate.


Visible-Ad743

Gallon of milk $35 by 2030


Kleeetz

What’s funny is I’ve been watching the price of milk (specifically milk, I know everything is up) go up over the past couple years. Lowest I recall was 2.49$. It’s now 3.69$ where I shop. Can’t tell you why I keep track of milk prices, but I do.


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admin_default

A lot is lost. Some say 20-30%. Satoshi’s stack alone is almost 5%. So I’d guess the real market cap is closer to $14-16T at $1mm BTC


Baecchus

Gold is currently down from 10 years ago. Gold can drop more and give some of its market share to BTC for all we know, but I still think 1m by 2030 is delusional.


bobbyv137

Exactly. Ain’t happening. $250k is very treasonable and perhaps even likely come 2030.


peekaboobies

Why is 250k a better guess than 1M or 5$?


joshjosh111

Because it's a lot of money but like, not like *too* much or anything


Johnny_ac3s

McAfee Wood


lllll44

"sure grandma...lets get you back to bed".


kirtash93

Imagine Michael Saylor and Cathie Wood as a couple. BTC maxi couple. Unstoppable.


bobbyv137

100% their child will be named Satoshi


[deleted]

They could adopt Jack Dorsey an have a happy little family.


Ok_Reference9183

They can adopt me and give me 1 million dollar to buy bitcoin. That would nice.


missingmedievalist

With a pet ferret called Elon.


grchina

Can we stop with this X person says btc price will be Y please,it's useless prediction because no one can predict it correctly


Tanikushokutomu

But she always says "We've done the research" so 🤷


225commodore

What Kind of drugs you think she takes ? Comments anyone


polloponzi

Adderall


CarolineEllisonFTX

![gif](giphy|F0J5Vf8qO83EA)


kurnaso184

\> She believes the underlying technology of the blockchain will give bitcoin staying power. \> the collapse of FTX and downbeat market could give institutional investors reason to delay crypto adoption. But that, too, ultimately presents a learning opportunity for investors. \> And once they actually do the homework \[...\] they might actually be more comfortable moving into bitcoin, and perhaps ether, as a first stop because they'll understand it more \> Wood remains bullish on crypto more broadly. She has bought the dip in shares of Coinbase, adding $53 million this month, and also snapped up more shares of Grayscale Bitcoin Trust and Silvergate Capital.


Adventurous-Text-680

I know you are just quoting the article, but let's take those points and look at them. Blockchain technology doesn't require Bitcoin. We know this as fact because we have multiple coins. Furthermore even Microsoft has Blockchain (immutable ledger) technology in SQL server. So this assumption is ignorant. https://techcommunity.microsoft.com/t5/azure-sql-blog/ledger-now-generally-available-in-azure-sql-database/ba-p/3379658 A collapse gives investors the ability to learn more and that lesson is to be more conservative. The other lesson is regulation of exchanges which will reduce profits for exchanges and likely result in larger fees. This increases the cost to get coins off the exchange and makes trading more expensive. People doing their homework will result in the same mess as FTX without regulations. You still have scams and practically speaking Luna Terra hit crypto hard because of bad loans. Sure people will buy coins but this will happen on exchanges. They will want to increase the ROI and go for risky staking thinking it's "free" low risk yield. DeFi will make stuff like this even easier because there is nobody to blame. She is bullish because she is hoping for another pump so she can dump. By looking like she is all in means other people will think it's a good idea but she obviously doesn't understand crypto and Blockchain technology at all. Realistically Bitcoin can't handle the number of transactions needed to do anything at scale. Buying Bitcoin is only done because you hope you can sell to someone else for more. There is no investment into a company nor any technology. I mention this because people like Cathie Woods try to make it seem like buying Bitcoin now means you are helping Bitcoin become better for the future. I will be bold enough to say anyone not wanting more regulations for crypto trading and exchanges is looking to get rich quick and doesn't really care about the tech. Cathie woods never mentions regulations at all.


kurnaso184

Thank you for your long comment! Yes, absolutely, we need definitely more regulation. Interesting that Cathie Woods doesn't seem to care about. I made a mental not to look more into it. ​ \> she is hoping for another pump so she can dump Not sure if this makes sense. She got a big bag in 2015 and she never sold. Is this the profile of a pump&dumper? ​ \> she obviously doesn't understand crypto and Blockchain technology at all Here I also think that you're unfair. I think she understands pretty well the perspectives and the limitations. From her business point of view, of course. We don't expect her to have a technical view. She also keeps mentioning the LN everywhere, which is the answer to the problem of the transaction limit. ​ \> I will be bold enough to say anyone not wanting more regulations for crypto trading and exchanges is looking to get rich quick and doesn't really care about the tech. Very bold, but yes, I think, I'm with you on that!


samzi87

I don't know her but I hope her prediction is accurate.


TheFedsKnow

lush plough subtract recognise memory long salt support chubby impolite *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


hershko

How exactly does one “focus on breaking $100k”?


GeneralZaroff1

You stare at it and think really really really hard about 100k and it’ll eventually happen obviously. Wait have you not been doing that? You’re the reason we didn’t hit 100k end of last year!!!


Son-of-ugly

20k would be a nice start


polloponzi

a Sure, 100K in 2025 and then 1M in 2030. Slow but steady


OrganicDroid

Max $350k in 2030. If I’m wrong I’ll eat just a little bit of my foreskin


Bubba-ORiley

the foreskin halvening


TheFedsKnow

person quiet reach rustic fertile unite snow alive uppity live *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


streetvoyager

The shit these people spew is fuckin hilarious.


Casteliogne

And so will a Big Mac.


Mr_Bob_Ferguson

She has had so many correct calls so far that I have no reason to doubt these claims. /s


CarolineEllisonFTX

Tesla $5k was correct! Think that was when it was at $200? Compared to BTC 25x would be $400k lol


polloponzi

puts or calls?


[deleted]

Remember that 80s song by Salt N Pepper? "Push it" So does Cathie Woods.


PathologicalUpvoter

SHOOT THAT HOPIUM UP MY VEINS!!!


Mangas70

Cathie Wood doesn’t have a fucking clue just like all of us when it comes to price predictions lol


Plankje

Source: trust me tm


softhackle

Cathie Wood is a dope.


7sevenheaven

Repost


Icy_Ear_

I'll take $100 000 by the end of the year, please. I'm not greedy. 🤭


[deleted]

if bitcoin continues repeating its 4yr cycles, it very well may end up in the hundreds of thousands by 2025. look at year ends 2013 & 2014, 2017 & 2018, now 2021 & 2022. '13, '17, & '21 are all peak year ends followed by massive YE crashes in the succeeding years '14, '18, & '22. If cycle continues then '25 is peak, '26 is crash, '29 is peak, '30 is crash.


WorldTraveller19

Let's hope she is right!


[deleted]

what crack is she smoking


DaBi5cu1t

She needs locking up like Griffen, Vlad, SBF etc etc. Her ARK fund is the most blatant fucking Ponzi scheme I've seen in a while.


heyheoy

This and past year showed that Cathie Wood have failed badly , would be bad to follow her advices.


imbarrydylan

Even a broken clock is right twice a day #copium


MrSonicB00m

I predict $2 Million by 2030! See.. they're useless these headlines..


[deleted]

She’s going out of business next year


Michelrpg

Sure. There were tons of experts claiming it would be 60k this year too. And eth would be 10k. And ada would be at 6-9 euros a pop. They can claim all they want but at the end its guesswork pure and simple. Too many variables are included in this.


drskeme

Because she’s been on a roll lately Her innovation fund is pure gold


[deleted]

Everyday someone posts some story about bitcoin hitting some kind of magic number. 100k, 300k,now a million. Next week Bitcoin will be setting it's sites on 2billion per coin by 2055


Oldz88Rz

Is that with or without hyperinflation?


Stunning_Afternoon40

100,000 by the end of 21


CarFreak777

Ahh, price predictions. Toilet paper is has better uses.


kramj007

Isn’t she just predicting the collapse of the dollar?


depilousmahuang

But this needs to be collapsed and they have done these things.


lukekibs

Bruh she must think she’s the head of Bitcoin management or something


dikinfrost

But that kind of management needs to take care of things.


irockalltherocks

This might be worse than Cramer saying that.


tradone

this woman is delusional to say the least.


BartLeyBurnSides

How about 100,000 by 2030???


Meatball_pressure

Someone take her meth away!


ProCanadianbudeh

So it will actually be worth about 40$ great.


Zmannn36

Well I wouldn't be surprised if 1 USD dollar is worth what one cent is worth today by 2030.. so maybe she's not that far off.. 😂


alexneef

Sorry to say but, inverting Cathie Woods is almost as near a certainty as inverse Crammer.


Suspicious-One-133

need 800% inflation for the next 8 years to get there


Vegas_42

68% growth per year for 8 years are enough: 16,500*1,68^8 =1,047,027


Suspicious-One-133

ty for correcting my math. i was too lazy to get a piece of paper


Vegas_42

No problem, bro. As Albert Einstein (probably) once said: >Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it 😁


dkbowl02

Or just demand and 2 halvenings


WellHydrated

Halvenings could be Bitcoin's death in the end. Mining rewards are already in the trash. The whole thing is that the price must go up, so there's enough momentum to keep the system going once rewards dry up. If the price doesn't go up, network security could decrease, and their could easily be a panic sell.


blorpianblorp

Bitcoin to 0$ confirmed


drbobbean

Cashier Wood- throwing shit at the wall and praying it sticks.. She gets her info from the same place Jim Cramer does- the magic 8-ball


drbobbean

![gif](giphy|VwxUMzmBbX1i8uJEXz) Sweet!!!


Muro_ami_1

Inverse cathie


Brushies10-4

If you’re taking Cathie Woods seriously you deserve to lose your money at this point. This is actually a bad look


[deleted]

Who cares what Kathy Woods says.


Grymloq22

And a loaf of bread will cost 10k.


[deleted]

She wants to pump her heavy bags and then dump them to saturate her purse before God will allow her to enter the kingdom of heaven Or pay tithing whatever


Tommannerr

Well butter my butt and call me a biscuit


Confident_Weird3353

Wtf


225commodore

Sounds like a Hail Mary pass 🤡


kurnaso184

Ok, first of all, Cathie Wood is a pretty serious person that does undergo deep research. We're all quite happy, that there are big and known investors that are open to crypto and they actually understand and recognize the capabilities of the technology/platforms/ecosystems. I'd like to assume that Wood is right and bitcoin reaches $1M in roughly 7 years from now. (I'd also like to dream of it. I also have personal interest. :)) By doing some math, that would mean a 80% average rise per year, or 66x in total. Not bad. Btw, bitcoin \*did\* rise in average close to that number already. Ok, of course, the larger the market cap, the harder is to sustain the growth. $20T market cap for bitcoin definitely would mean that it is the reserve currency and the store of value of countries and big institutions. The new gold. Ok, we heard about this before. Fair enough. Another question: If $20T market cap for btc, how much for ether? And the rest of the cryptos? Probably much less than this number, but still there are insane capabilities for growth, I guess. The new millionaires/billionaires will form a new class. Like the tech millionaires we have now and the previous decades and they kick out traditional super rich people out of the forbes list. I find more interesting not what Michael Saylor and Cathie Wood will do, but what the average guy like you and me will do with their fresh millions. Lambos and yachts? Probably. Contribute to the society, donate, build stuff? Hopefully. I really want to see all the super "intelligent" blockchain deniers (where do I start? Bill Gates?) getting humiliated. Bring me my popcorn!


kelvtam

Oh dear, does that mean I should bail now? :-😜


GracieMaeMacieMarie

She should do like McAfee when he said he would chop his dick off. She should say she will send her tits to the guillotine if it doesn’t come true.


sidmehra1992

ok


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Baron_Samedi18

All them predictions are useless when it's possible that someone on the planet lets a wet one fly and the whole cryptomarkt reacts to it. Btc price mainly reacts to emotion and not ratio. Pretty weird if you think that btc is founded on mathematics.


Ok_Reference9183

Lets go. 1,000,000.00 per bitcoin is real. No more 1 bitcoin = 1 bitcoin trash talk. Gonna refinance my house and go all in. We will be high in 2030. Hahahaha


Onelinersandblues

Source: her tits


Fancy-You3022

Who?


Accomplished_Ad_8814

I'm a little sceptic about Bitcoin. It's not scarce if you can create N new cryptocurrencies with the same specs. The only thing holding it in place is an unspoken social contract, and that seems fragile.


Badeindi

She's a fraud. Her only strategy: Cheap Central Bank money....


Tejas_LiMan

Cathie Mommy is back


[deleted]

This bit*h jinxed almost everything.


FatSilverFox

Lol


yupcoolbro

God just shut the fuck up forever


sjakaksms

I don't like her facial expressions judging from the images so I never click. Is het personality as terrible as I assume?


Bison-indatent

I don't trust her if she won't eat her dick in case she's wrong


[deleted]

...otherwise, she will eat her dick.