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Beware of Dubious Price Targets Set by Big Companies and Articles for BitcoinMost of these articles and big companies setting dubious price targets like $100k, $500k, $1M for BTC, or what not. Are likely just searching for exit liquidity…Be careful.

I recently read some articles about big companies setting ambitious price targets for Bitcoin, such as $100k, $500k, and even $1M. While these targets may seem exciting, I think it’s important to be careful. It’s possible that these companies are just looking for an exit strategy and are not actually invested in the long-term success of Bitcoin. I think it’s important to do your own research and make sure you understand the risks before investing in any cryptocurrency.

45 thoughts on “Beware of Dubious Price Targets Set by Big Companies and Articles for BitcoinMost of these articles and big companies setting dubious price targets like $100k, $500k, $1M for BTC, or what not. Are likely just searching for exit liquidity…Be careful.”

  1. They are just news websites wanting more some ad revenue so they are creating stupid price predictions to drive traffic

    Not only in the crypto sector, but all of the news is clickbait nowaydays

    Reply
  2. There’s if course bias from people with a vested interest, like journalists and investors. But there’s also good reason to speculate as high as that given the inflation we have seen over the last hundreds of years.

    If I told you that your 45k house from 1947 could be worth 1mil in 2023 you’d also call me unrealistic. BTC going to 100-150k over 10 years and 1mill in 40-50 years isn’t unreasonable.

    Reply
  3. People forget that behind these big names, it is young & inexperienced Trainees, interns who write these articles.

    If you want real analysis and market study, various consultancy firms charge real bucks.

    Reply
  4. so why don’t you start making your own predictions, then by your own logic, suddenly everyone else is your exit liquidity.

    sometimes you have to switch it on em’, you know, flip mode. flip mode is the greatest

    when i was a shorty growin’ up, i learned that if i couldn’t be a part of the greatest,

    i had to be the greatest myself.

    Reply
  5. I’ll out some money in a checking acct, I’ll even by some stocks through a brochure or app, But you better put that 100k on the table in front of me before I sell you my btc.And I’m not buying anymore anyway it’s time to stack alts enjoy!!

    Reply
  6. Before, these articles were SEO optimized trash written by barely paid journalists. Now they’re spat out SEO optimized trash written mostly by AI. There’s value in seeking out and sharing the human perspectives.

    Reply

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