Morgan Stanley Bitcoin Prediction

[sonewaneaman]

Bitcoin’s could be Actually Worth Zero as predicted by James Faucette, Analyst at Morgan Stanley when the Bitcoin prices pumped more than 1,600% in one year. 

https://coincrump.com/bitcoins-could-be-actually-worth-zero/

Forget morgan stanley BTC prediction!!! What's your Bitcoin target for the 2018 year-end? comments and suggestions are appreciated!!! Thanks in advance 

[finthebar]

Of course he is right - it might end up with zero - then again so might the US dollar, or the Euro. In my view all of these scenarios are unlikely. As for touching Bitcoin, most people who buy gold - 98% of them never see it. This is more junk coming from an establishment who are too lazy and too complacent to understand what is actually going on here.

[BrewMaster]

that is a very manipulative article, mostly clickbait to get people to read what it says.

i haven't really read what Morgan Stanley said, i took a quick look from some real sources not this shitty website here. and what he is saying is that bitcoin has value as a currency or a payment system and if it fails to do that then it also has no value.

he is not predicting any price or anything.

[1bitcoinsnet]

Another clueless clown

Crypto currencies market cap too big to fail 600/800 BILLION now that's bigger than the biggest US Companies
It's 1% of WORLD GDP now
It's equal to 3% of USA GDP

The crypto technology such as old crypto the encryption, plus new tech blockchain and ledgers is now integrated into many huge industries.

Crypto has comfortably settled into a 5 tier value system similar to old world precious metals.

BTC is platinum
Bch and eth fighting for gold with winner taking silver

Xrp and LTC are fighting for copper and zinc positions

So the crypto industry isn't going to disappear it's like the net

The only thing unclear is what coins stay at the premium value levels

So expect lots of swings, the crypto currency INDUSTRY is only 9 years old and as it's market cap blows by 1 TRILLION the rare and valued coins will all get more valuable

Old world Fiat is done

Your wealth will be in crypto now

[cloud.runner]

"Could Be" does NOT mean "Will Be".

[Anti-Cen]

Come on people it's gambling and is just like Tulip mania but that does not mean it's about to crash
but logic says it will sooner or later.

Micro-transactions won't work with BTC and Lighting network is nothing more than a sticking plaster
that won't hold and will create more trouble than it solves.

Another gravy train is heading our way but it will take 3-5 years to arrive so keep some powder dry
read for that one and don't let greed get the better of you in the mean time.

[Halcyon Days]

Many expert opinions and predictions are investigated poorly. Especially if it is a radical opinion, it is mostly bashing.

Regarding BTC one has to take into account that many people, miners and companies put already much time and money into the system, hence, only by looking at this, BTC should have some value. Of course, the absolute crash to 0 is a possible outcome, but then, something big like a total collapse or breach of the blockchain technology has to happen. And even then there might be a solution for this.

The tulip comparison is so outdated, I cannot hear it anymore.

[NeuroticFish]

Bitcoin’s could be Actually Worth Zero as predicted by James Faucette, Analyst at Morgan Stanley when the Bitcoin prices pumped more than 1,600% in one year. 

Dimon also said things about Bitcoin before his bank started to actually buy Bitcoin.
So....yeah.. his words mean absolutely nothing.

[squatz1]

Of course he is right - it might end up with zero - then again so might the US dollar, or the Euro. In my view all of these scenarios are unlikely. As for touching Bitcoin, most people who buy gold - 98% of them never see it. This is more junk coming from an establishment who are too lazy and too complacent to understand what is actually going on here.

This right here is something good to go off of. Analysts like to make these shitty predictions and then alter them in the future when things change, they're unable to make long term predictions cause they're wrong about 99 percent of the time.

Morgan Stanley is also playing into their ulterior motive of trying to kill Bitcoin, as they know the damage that it can and will cause to these established banks if it was to gain popularity and go mainstream.