Cathie Wood, Still a Bitcoin Believer, Sees It Going to $500,000

Bloomberg2021-05-20

(Bloomberg) -- Cathie Wood is keeping the faith, even in the face of Bitcoin’s massive plunge that had wiped $500 billion from the coin’s peak market value at one point. The head of Ark Investment ...

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Comments

DJJJ
2021-05-20
DJJJ
I believe Crypto is gonna be big in the future..
skyel
2021-05-20
skyel
Some countries may not accept it, but to others, crypto seen as a technology disruption in the near future
YQ17
2021-05-20
YQ17
Hope that she is right
- DJJJ:
  hmmmm.. I think she is right.
Hunter88
2021-05-20
Hunter88
Faith, believe it
Chifield
2021-05-20
Chifield
Cathie always so positive.
- Pixiestars:
  Haha just like her tsla valuation [开心]
- Jkrapido:
  YEs
JaNice
2021-05-20
JaNice
Good!

Leave a comment

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She noted that as highly volatile sectors in the stock market are selling off amid inflation fears, Bitcoin is dropping as well. It last traded just below $38,000.\n“We go through soul searching times like this and scrape the models, and yes our conviction is just as high,” she said.\nAlthough Elon Musk has soured on Bitcoin due to its environmental impact, Wood said once renewables are incorporated into the Bitcoin mining technology, like she expects, “Elon will come back and be part of that ecosystem.”\nMusk’s quick change in opinion on the largest cryptocurrency may have been caused by pushback from institutional shareholders like BlackRock, she said.\nDespite her long-term conviction, Bitcoin and other digital coins may face more pain before mounting a comeback.\n“You never know how low is low when a market gets very emotional,” she said. “I think we’re in a capitulation phase. 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I think she is right.","text":"hmmmm.. I think she is right.","html":"hmmmm.. I think she is right."}],"langContent":"EN"},{"id":197414806,"gmtCreate":1621478486605,"gmtModify":1704358263812,"author":{"id":"3568465315215545","authorId":"3568465315215545","name":"Hunter88","avatar":"https://static.tigerbbs.com/86703ca12fc27292ee7240b13fa4e166","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3568465315215545","authorIdStr":"3568465315215545"},"htmlText":"Faith, believe it","listText":"Faith, believe it","text":"Faith, believe it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197414806","repostId":1182363238,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197431096,"gmtCreate":1621477493715,"gmtModify":1704358244113,"author":{"id":"3578976238295519","authorId":"3578976238295519","name":"Chifield","avatar":"https://static.tigerbbs.com/35652f65436cad86ed1f7c0d94afae69","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578976238295519","authorIdStr":"3578976238295519"},"htmlText":"Cathie always so positive.&nbsp;","listText":"Cathie always so positive.&nbsp;","text":"Cathie always so positive.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/197431096","repostId":1182363238,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4386648,"gmtCreate":1621480975026,"gmtModify":1680789846223,"authorId":3581832720375359,"author":{"id":3581832720375359,"idStr":"3581832720375359","authorId":3581832720375359,"name":"Pixiestars","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197431096,"type":1,"supId":0,"prevId":0,"content":"Haha just like her tsla valuation  [开心]","text":"Haha just like her tsla valuation  [开心]","html":"Haha just like her tsla valuation  [开心]"},{"id":4386177,"gmtCreate":1621477612602,"gmtModify":1680789834578,"authorId":3576545773081754,"author":{"id":3576545773081754,"idStr":"3576545773081754","authorId":3576545773081754,"name":"Jkrapido","avatar":"https://static.tigerbbs.com/a99be107d174f7142bc212015c662c11","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197431096,"type":1,"supId":0,"prevId":0,"content":"YEs","text":"YEs","html":"YEs"}],"langContent":"EN"},{"id":197490469,"gmtCreate":1621476812651,"gmtModify":1704358227778,"author":{"id":"3574939383328580","authorId":"3574939383328580","name":"JaNice","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574939383328580","authorIdStr":"3574939383328580"},"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197490469","repostId":1182363238,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":37,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1182363238"}