ilmscore | Why Bitcoin Is Exploding (You're Buying Without Knowing)

Why Bitcoin Is Exploding (You're Buying Without Knowing)

Published: 2024-03-01
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 4
Incorrect: 7
Pending: 0
Unrated: 0
Prediction
Topic
Status
Experts predict Bitcoin will reach $1,000,000 per coin if countries start adding it to their reserves.
"in order for Bitcoin to reach $1 million per coin according to almost every expert asset manager one thing that has to happen is that countries need to start adding Bitcoin to their portfolio and putting it into their reserves"
BTC
Incorrect
Predicted that most people will soon have exposure to Bitcoin.
"how most people very soon will have exposure to it whether they like it or not"
Bitcoin adoption
Incorrect
Edward Snowden predicted that a national government would be revealed in 2024 to have been secretly buying Bitcoin as a replacement for monetary gold.
"Edward snowden's prediction for Bitcoin this year because he says a national government will be revealed this year to have been buying Bitcoin as the modern replacement for monetary Gold without having disclosed that fact publicly"
Bitcoin adoption by national governments
Incorrect
Predicted that Bitcoin's price will continue to rise significantly.
"why Bitcoin will probably continue to go up a lot more than people think"
BTC
Correct
Predicted that Bitcoin's price will slowly increase after the April 2024 halving, assuming ETFs continue to buy more than 450 Bitcoins daily.
"as long as these ETFs are buying 451 Bitcoins that's still enough for Bitcoin to slowly go up in value"
BTC
Correct
Predicted that Bitcoin custody will become a larger part of Coinbase's income in the future as Bitcoin's value increases.
"in the future when Bitcoin becomes worth even more custody of Bitcoin will become a bigger part of coinbase's income"
COIN
Incorrect
Predicted that some individuals will transition from holding Bitcoin through ETFs to self-custody or direct purchase via Coinbase, aiding Coinbase's growth.
"I imagine some of [them will] actually self custody and buy it directly through coinbase which will hopefully help them out with their growth"
COIN
Incorrect
Predicted (sarcastically, via Jim Cramer's inverse effect) that an Ethereum Spot ETF will probably never be approved.
"According to Jim Kramer it should bloom and do well which means we're probably never going to get one"
ETH
Incorrect
Predicted a decent likelihood of a spot Ethereum ETF approval, potentially as early as May 2024.
"the likelihood of a spot ethereum ETF is pretty decent... some experts are saying we could get one as early as May this year"
ETH
Correct
Predicted that if an Ethereum Spot ETF is approved, Ethereum's price growth will mimic Bitcoin's, starting slow and then accelerating.
"if it does happen I imagine ethereum's price growth Will Follow That of Bitcoin it'll be slow at first and then it will pick up"
ETH
Incorrect
Predicted that Bitcoin's price should continue to grow as long as fiat currency printing continues.
"as long as we keep on doing that bitcoin's price should continue to grow"
BTC
Correct