ilmscore | NFA Live: Bitcoin in 2024

NFA Live: Bitcoin in 2024

Predictions from this Video

Total: 32
Correct: 0
Incorrect: 0
Pending: 32
Prediction
Topic
Status
Outflows and selling pressure from the Grayscale Bitcoin Trust (GBTC) are finite and will stop or slow to a trickle fairly soon.
"the outflows from grayscale are finite... sooner or later that probably sooner I think that selling is is going to stop... those outflows will will trickle you know slow to a trickle I think fairly soon"
BTC
Pending
Inflows into Bitcoin ETFs will continue indefinitely into the future.
"those inflows are going to last you know indefinitely into the future"
BTC
Pending
Celestia will quickly address and resolve its high latency issues.
"my guess would be that uh that they will be looking to solve that as quickly as possible"
TIA
Pending
Avalanche (AVAX) could become a strong project in the future, particularly if it successfully captures the gaming narrative.
"if it can capture a particular narrative um then I think uh you know like it like it could maybe do with gaming then I think it could be I think it could be uh a good one for the future"
AVAX
Pending
Polkadot (DOT) could reach a new all-time high, contingent on its ecosystem successfully competing with Cosmos and generating significant market excitement.
"I think doc could go back to an all-time high"
DOT
Pending
Chainlink (LINK) has the potential to reach new all-time highs if it continues its development.
"chain link can definitely I think see new all-time highs if it keeps sort of developing"
LINK
Pending
Decentralized data storage solutions will experience significant growth, driven by the increasing data demands of AI.
"decentralized data storage it's not the most glamorous or or sexy uh little crypto Niche but it's hugely important you know not just and even more so because of the um because of the advances that we're seeing with AI which needs you know a lot a lot of data um so this is something that's you know that's only going to grow"
Decentralized Data Storage
Pending
The crypto market will experience consolidation in the future, with projects merging their technologies to offer more robust solutions.
"I think perhaps that's what we'll see in the future is that we will see consolidation we will see projects you know maybe combine their Tech um to provide you know what to provide a much better solution together than uh than perhaps they can provide on their own"
Crypto Market
Pending
There will be a huge growth in stablecoins.
"I think what we could very well see is a huge growth in in stable coins"
Stablecoins
Pending
Company-specific stablecoins are expected to become a significant trend in the future, leading to an increase in their issuance.
"I think perhaps uh company specific stable coins uh could definitely become a big thing um in future so I think we'll see more of those"
Stablecoins
Pending
The crypto market will likely continue to move independently, diverging from traditional markets.
"I do get the sense that crypto is sort of is kind of doing its doing its own thing at at present and and I think probably could well continue in that thing"
Crypto Market
Pending
The first interest rate cut is predicted to occur in May.
"I'll take a guess which is essentially what it is I just defer to this and say yeah I mean looks like the the market believes it's going to be roughly 5050 in March or more so it's G to be in May so I not for sure but let's just shoot for May and go from there"
Interest Rates
Pending
The Federal Reserve will likely try to keep pushing back the date for interest rate cuts to manage inflation expectations.
"I think there's a good chance they may well try and um you know try and keep pushing the date back a little bit to to keep those expectations under control"
Interest Rates
Pending
Outflows from the Grayscale Bitcoin Trust (GBTC) are predicted to cease or significantly slow down in the near future.
"the gbtc outflows will will come to an end... that selling is is going to stop... those outflows will will trickle you know slow to a trickle I think fairly soon."
GBTC
Pending
Inflows into the new spot Bitcoin ETFs are predicted to continue indefinitely.
"those inflows are going to last you know indefinitely into the future."
BTC
Pending
Celestia will be optimized to achieve lower latency.
"my initial answer i' I'd have to I'd have to dig into it a bit more but my initial answer would be yes I think you know there's they're always uh always looking to uh to optimize it... my guess would be that uh that they will be looking to solve that as quickly as possible."
TIA
Pending
Avalanche (AVAX) has the potential to be a strong contender in the layer one space, especially if it successfully captures the gaming narrative.
"if it can capture a particular narrative um then I think uh you know like it like it could maybe do with gaming then I think it could be I think it could be uh a good one for the future."
AVAX
Pending
Polkadot (DOT) could reach new all-time highs if its ecosystem manages to generate similar hype to what Cosmos is currently experiencing.
"if it can I mean there are some really promising projects uh building on poka do but as a I think it needs to come up as an ecosystem if it can uh if it can can sort of generate the same sort of hype at some point in the cycle that Cosmos is generating now then yeah sure I think I I think doc could go back to an all-time high."
DOT
Pending
Chainlink (LINK) has the potential to reach new all-time highs if it continues development, despite increasing competition.
"chain link can defin link can definitely I think see new all-time highs if it keeps sort of developing but there's there's serious competition there as well."
LINK
Pending
The crypto ecosystem will not consolidate into a single dominant protocol or cryptocurrency; multiple projects will coexist.
"I don't think that it's just going to be a one-size take all and we're all gonna have this one thing."
Crypto Ecosystem
Pending
The pace of change and evolution in the crypto industry will be significantly faster than in traditional tech sectors.
"I wonder whether that's going to be even an even faster process in crypto because it it just seems like such a you know kind of an industry that moves at such a break NE in so many ways."
Crypto Market Dynamics
Pending
90-99% of current cryptocurrencies are predicted to fail or prove worthless in the future due to lack of fundamentals.
"I mean 90 95 maybe even 99% of all the of all the cryptos out there at the moment are either completely worthless or you know don't have you know don't have strong enough fundamentals to survive into the future."
Cryptocurrency Survival Rate
Pending
The decentralized data storage niche in crypto is predicted to experience significant growth, driven by advancements in AI.
"decentralized data storage it's not the most glamorous or or sexy uh little crypto Niche but it's hugely important you know not just and even more so because of the um because of the advances that we're seeing with AI which needs you know a lot a lot of data um so this is something that's you know that's only going to grow."
Decentralized Data Storage
Pending
Future crypto projects will consolidate or combine their technologies to offer improved solutions.
"perhaps that's what we'll see in the future is that we will see consolidation we will see projects you know maybe combine their Tech um to provide you know what to provide a much better solution together than uh than perhaps they can provide on their own."
Crypto Project Consolidation
Pending
There will be a significant increase in the adoption and issuance of company-specific stablecoins in the future.
"what we could very well see is a huge growth in in stable coins... company specific stable coins uh could definitely become a big thing um in future so I think we'll see more of those."
Stablecoins
Pending
The current market dynamics (specifically GBTC outflows) represent the final hurdle before the crypto market matures beyond the issues and 'nonsense' of 2020-2021.
"this is the last I think like the the last step before we can move on from the nonsense that happened in 2020 2021 to get to the next level."
Crypto Market Maturity
Pending
Crypto's correlation with small-cap stocks (like the Russell 2000) is predicted to continue.
"crypto now seems to have it's now that it's got now that we finally got these these Bitcoin ETFs... it does seem to have that momentum and it also seems to be more correlated with with small cap stocks... so I think that's that's something to bear in mind."
Crypto Market Correlation
Pending
The crypto market will likely continue to diverge and act independently from traditional markets.
"I do get the sense that crypto is sort of is kind of doing its doing its own thing at at present and and I think probably could well continue in that thing."
Crypto Market Divergence
Pending
The first Federal Reserve rate cut of the year is predicted to occur in May, based on market sentiment.
"I'll take a guess which is essentially what it is I just defer to this and say yeah I mean looks like the the market believes it's going to be roughly 5050 in March or more so it's G to be in May so I not for sure but let's just shoot for May and go from there."
Federal Reserve Rate Cuts
Pending
Inflation is predicted to flare up again due to global supply chain disruptions (e.g., in the Red Sea).
"inflation is being talked about as maybe flaring up again because uh you know I think the the the uh what's happening in the Red Sea at the moment... and suddenly you know the prospect of inflation uh you know starts to creep back up again."
Inflation
Pending
The Federal Reserve will likely continue to delay rate cuts to manage inflation expectations.
"I think there's a good chance they may well try and um you know try and keep pushing the date back a little bit to to keep those expectations under control."
Federal Reserve Rate Cuts
Pending
The narrative around web3 gaming will shift positively, with Esports engaging, and Avalanche is well-positioned for this trend.
"You're going to see how the narrative is going to shift and Avalanche I think is right there where they should where they should be."
Web3 Gaming
Pending