Cathie Wood predicts a surge to $2.3 million in Bitcoin

[SunTrader]

Why are you all so interested what Cathie Wood has to say? She is a lousy money manager, cannot see into the future, her opinion is just one in 8 billion, had a huge luck in 2020 and huge unluck later. The only thing she is good at is bullshit talking and taking money from investors in the form of management fees.

Not all ... at all.

Meanwhile she's prolly buying more TSLA today as it drops another -4.5%.

 

[Arnie Guitar]

I'm always weary of people trying to have a unique image
like her and that tasty trade guy with the beret.

 

[DallasCowboysFan]

Why are you all so interested what Cathie Wood has to say? She is a lousy money manager, cannot see into the future, her opinion is just one in 8 billion, had a huge luck in 2020 and huge unluck later. The only thing she is good at is bullshit talking and taking money from investors in the form of management fees.

ARK Investments. 3 yr return : -103.44(-69.73%)

 

[S2007S]

Its not for lack of growth or deflation....its for the amount of built up debt already in the system and the debt servicing costs.

So the greater the debt the better equites do....

Economics 101

Got it.

 

[S2007S]

Re: cutting rates. It's pretty simple. They can't afford the interest payments on the federal debt. Something's gotta give.

Oh that I know...that was spoken about prior to interest rates zooming higher. Guess they have to lower them and like I said maybe this traps them ...too high rates and heavy interest payments. Too low rates and we get higher inflation back again..

 

[murray t turtle]

Did anyone see her prediction of ARKK falling -81% in the future?

%%
NO;
but she did make a AUM bankers MAGazine cover ;
sorry + it was such a good article...................

 

[Frederick Foresight]

Huh? I thought the ongoing consensus was a whopping $1 million. Just when did it go up to $2.3 million? (BTW what's with the 0.3??)

That's the first thing that came to my mind, too.

I'm guessing that, for a sophisticated mind like hers, a round 2 seems too arbitrary. Personally, I think she should have gone into decimal places just to show that she means business.

 

[murray t turtle]

If you have bitcoin at 2.3 million where would world markets trade at.... how about nvda and tech stocks a like, the dollar, gold...real estate. If you can value a magical coin at 2.3 million how come the dow can't be at 500k..... everyone praying for 2% inflation and rate cuts and she thinks 2.3 million a coin. I could.............

%%
LOL good points;
but there is a big difference in magic-cons- bit cons+ underperforming 30 stocks LOL
Its all right to be itty bitty\
big ol' town or itty bitty city\
Little bitty dream\
its all part of itty bitty scheme\
A Jackson >83,777,777, video Views
Cool itty bitty video starts out with lots of bubbles LOL;
that may explain why the market likes SARK > more than sinking ARK bubbles\
sinking 50dma\ARK \ sorry 3 year chart Sorry technicals, sorry about that

 

[schizo]

%%
LOL good points;
but there is a big difference in magic-cons- bit cons+ underperforming 30 stocks LOL
Its all right to be itty bitty\
big ol' town or itty bitty city\
Little bitty dream\
its all part of itty bitty scheme\
A Jackson >83,777,777, video Views
Cool itty bitty video starts out with lots of bubbles LOL;
that may explain why the market likes SARK > more than sinking ARK bubbles\
sinking 50dma\ARK \ sorry 3 year chart Sorry technicals, sorry about that

In the end, none of that actually matters because you're merely transferring wealth, as in one man's gain is another man's loss. But the overall system itself will remain at par with no noticeable impact. And so the same ol' story is made up over and over just to keep the fire (or bubble) going.

 

[murray t turtle]

In the end, none of that actually matters because .... merely transferring wealth, as in one man's gain is another man's loss. But the overall system itself will remain at par with no noticeable impact. And so the same ol' story is made up over and over just to keep the fire (or bubble) going.

%%
LOL;
only if you think a con or bit con is the same thing as business, not @all, not even close .
Sorry\sounds like missed n most of all the RE trends + tech trends/ not bubbles @ all unless leveraged to much ?? LOL , but that not the trends\that s a trader problem or timing problem or both.
Like Albert Einstein warned \God does not throw dice LOL.
WITH metals, business+ more business / stocks/ETFs /much more than one can gain;
nor does gain there mean an auto loss for many , because many won.
Thanks, but even red brass i found out this year/not near the same as yellow brass/looks the same,/sometimes in artificial light.................................................../\