Balaji Srinivasan, the former CTO of Coinbase, has made a public bet that Bitcoin will be above $1M within 90 days. You can check out details on his twitter @balajis What are your thoughts? š§
it's a volatile entity, it is possible. Maybe he knows something. Or maybe this was a brain far, we'll know in 90
mAybE hE kNoWs SoMeThInG ya turn on the news my guy and then read the bitcoin white paper. the fed is completely off the rails and hurtling toward economic collapse.
Who knows? š ... You trust the news, my sweet summer child?
Dude, heās trying to make people buy bitcoin, which is good for his own business. Donāt trust anything he says.
Yup. He's worked it out that if x number of people buy, it will go up by at least y which will compensate him for his bet
Pump & Dump
We have a winner
This. He will make many more millions with this pump then give away 1M.
RIP John McAffee. Never did follow up on his bet, though.
Such a shame too, was really looking forward to that footage
What was his bet
Nope iām not gonna buy bitcoin
$1m publicity
If news of his bet rises btc a few k he's wind big, he knows its not hitting 1m. Marketing games
How is this marketing?
People will get excited and buy inā¦ hows it not marketing?
Sounds like he's betting on an imminent currency crisis.
Yes. He is betting USD will start to hyperinflate due to government/fed responses to continuing bank runs.
Thatās called a global recession.
Heās about to lose 1 million dollars
im sure he will (or thinks he will) net positive on the bet thru his other holdings.
Anyone can predict anything