Bitcoin Will Move up 25 -30x Faster Than Gold Says, Max Keiser

[Febo]

What a risky prediction, he can bet money on it no problem to him.

I doubt he does. OGs like him sit on a large stack of Bitcoin and just bank on the forks and price appreciation. All he needs to do is open his mouth once in awhile to 'secretly' promote stuff he has been paid for to promote.

Can't believe each time these guys open their mouth an article is published, no matters the shit they say.

It's business for news outlets. They'll grab anything they can write an article about and people here will continue to read it no matter how shitty the content actually is, that's what I call doing business the right way.

In the last 12-24 months the quality of crypto content has reached the lowest ever point, yet these news outlets manage to grow with pretty significant numbers. Based on that they will definitely not improve. Why would they? It's easy money.

How far?  Question here is not if it is ahead or not. We know it is ahead but how much ahead. Is Bitcoin 25-30 times ahead?  My answer is NO. Not right now.

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[fabiorem]

Bitcoin is not ahead of its price.

The bull run will be on the five digits zone, and there is too much ground to cover, if we compare to four digits.

[Krislaw]

25 -30 times faster to the upside than Gold.
What's your take on this, will bitcoin price increase?

Bitcoin already moved faster than gold, this happen 10 year ago begin, so it isn't new for reason make bitcoin price increase.
but gold and bitcoin have same physically different like fiat, other people told bitcoin as future of gold or digital gold, bitcoin have limited but gold unlimited.

[Adriano2010]

Bitcoin indeed grow faster than gold over time, but still who invest on last bull run they hold and wait for a new ATH and no one know for sure when teh next bull run and a new ATH for bitcoin will come. But i agree that this people who say bitcoin will grow a lot should come also on 2018 and say that.

[samcrypto]

Bitcoin indeed grow faster than gold over time, but still who invest on last bull run they hold and wait for a new ATH and no one know for sure when teh next bull run and a new ATH for bitcoin will come. But i agree that this people who say bitcoin will grow a lot should come also on 2018 and say that.

This is another trend with bitcoin, and we can’t buy cheap bitcoin anymore but right now there’s still a chance to buy because the new peak is yet to come. Bitcoin moves faster than any investment especially if you compare it to Gold, bitcoin will continue to deliver and go up again.

[leea-1334]

Bitcoin indeed grow faster than gold over time, but still who invest on last bull run they hold and wait for a new ATH and no one know for sure when teh next bull run and a new ATH for bitcoin will come. But i agree that this people who say bitcoin will grow a lot should come also on 2018 and say that.

And we are only at 50% of the ATH of that last bull run, they should not feel too worried,,, it is only 1.5 years ago. Even at 3 years they should not worry because Bitcoin will take a long time to get there, but it will. You cannot stop something that is improving every day and making gold and fiat look really bad day by day. Gold will survive longer than Bitcoin, but Bitcoin can always turn into something else!

[EdenHazard]

There are many factors which can make bitcoin price goes drastically in the future, such as halving event, its supply becuase it has been limited and the user itself, when cryptocurrencies has been mainstream there will be many people who want to buy bitcoin and store it as their investment place.

So it is not wierd when some expert and some popular person gave a statement to the future of bitcoin who will have a high price. As you may know the created of antivirus Jhon McAfee has gave a prediction to bitcoin price at 2020, the price bitcoin will touch $1 million at that time and he bet if bitcoin cannot reach $1 million at 2020 he will cut his own genitals.

He is so optimistic that bitcoin will reach that price, but who knows no one really knows the price of bitcoin in the future but from the fundamental side we have the right to have a little faith in it.

[aries9]

Most popular faces of Crypto industry are regularly posting their views on the king coin.

One of the well-known crypto enthusiast and Co-founder of  Heisenberg Capital, Max Keiser believes Bitcoin price will move 25 -30 times faster to the upside than Gold.

What's your take on this, will bitcoin price increase?

I don't agree with how this data seemed to be formulated, since it feels like it's been a completely arbitrary projection. But the general trajectory is certainly going to be that bitcoin's growth will outpace gold's growth in the long run.

Bitcoin is essentially the best digital substitute for gold as a store of value as we have right now. Even people at the Federal Reserve are admitting this (look at the news that just came out if you haven't already, regarding the Fed). It's also experiencing a whole ton more of adoption and thus, increase in demand than gold, not to mention the gradual paradigm shift of gold bugs to opening their minds to cryptocurrencies as a viable safe haven as well.



At the end of the day, as I said, I wouldn't put too much weight on the 25-30x figure he produced - since there is no clear evidence that he's used any legitimate analysis to reach that figure. But I certainly think that over the next few decades, despite gold's status of a global reserve currency will still be there, it will probably diminish somewhat.

I agree -