Ark Invest is optimistic about both Bitcoin and Ethereum. In their "Big Ideas 2022" Report.
In this video I discuss the basis of how they view things and how they use the backdrop to come to these conclusions. While they are some big numbers, there is a basis for arriving at this end.
▶️ 3Speak
I think the numbers might be a bit too big but it is possible. She did get the numbers correct when Tesla started exploding upwards but I still think that the numbers she is calling is a bit too big. However if we do see BTC double every year, it isn't too far off.
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Hard to argue that this is not aggressive. It could be a major overshoot but Wood has the reputation of going big and being right. Okay it was just Tesla but she was laughed at for her call there.
Turns out she and her team was right.
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At this point, we know that Bitcoin and Ethereum are basically already taken over by the institutional investors. What regular average Joe or Jane can afford to pay the ETH gas fees just to play in the ETH world? So I totally agree that institutions and banks will be taking over Ethereum and Bitcoin for the most part which will pump those prices. But there is so much other development going on in this space on all these other chains, they won't have the major market share for that long... Already looking at what the Cosmos ecosystem alone is doing, not to mention what we have here on Hive. They are only in the limelight because being the first movers in their space, but hey, if you are still sitting on some, you will not be sorry.
Reblogging for the https://coin-logic.com community.
Ethereum might figure out the fees. However, even that doesnt change the fact that it is taken over and will not go back.
I have some of both tokens and am HODLing. We are going to see higher numbers in my opinion simply because the big money players want it at some point.
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Such an huge investment anyone can take upon if enough money....
Great. If Hive is 100$ till 2030 I agree with their report!
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