Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks.

Feb 28, 2023 · Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

Sep 19, 2023 · Especially looking at Cathie Wood: Quote from Cathie Wood about Bitcoin all the way back in 2015, picture from Pete Rizzo. Cathie Wood's had first invested into Bitcoin a whole 8 years ago, back in 2015 during the biggest Crypto bear market EVER. There she scooped up some BTC at a price level of about $200, all this whole literally no one ...

“Our Bitcoin price target is now well above $1M by 2030, and with our new expectations for institutional involvement, the incremental price that we assume for institutions actually has more than doubled," says ARK Invest CEO Cathie Wood.

Jan 22, 2024 · tldr; Cathie Wood of Ark Invest believes that the upcoming Bitcoin halving event in 2024 will redefine the crypto market by reducing Bitcoin's annual supply growth rate to less than 1%, which will be lower than the rate of global gold mining for the first time.

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks.

While I do belive bitcoin could hit a million dollars some day that might still be early. This cycle I could see a peak of a 200-300k. Crash down to maybe 30k I think a million by 2035 is possible but before 2030 still seems early.

tldr; ARK Invest’s Cathie Wood said Bitcoin should be considered a new asset class. She added that it represents insurance against unhinged monetary policy and outright wealth segregation in some countries. Bitcoin is getting the incremental flows that might go to gold, she said, pointing to institutions like Tesla and MassMutual.

tldr; Ark Invest CEO Cathie Wood described bitcoin as a 'financial super highway,' highlighting its significance in emerging markets. During a conference, she discussed the impact of U.S. interest rate hikes on the global economy and bitcoin's role as both a risk-off and risk-on asset.

Cathie Wood is engaging in some sort of similar scheme. She wants to cheerlead it back to a certain level so she can sell whatever bitcoin she just bought at 37,000. There is an obvious game called "pump and dump" but at some point down the road she may engage in some form of the opposite game I call "trash talk and buy."