The Worst Crypto Predictions of Famous People in 2024
In 2024, some famous people made incorrect predictions about cryptocurrencies:
1. Warren Buffett predicted the collapse of Bitcoin, calling it “rat poison squared.” However, BTC reached a new all-time high above $70,000
2. Bill Gates stated that “the anonymity of cryptocurrencies does more harm than good.” But regulation has increased, and crypto has become more transparent
3. JPMorgan's Jamie Dimon called Bitcoin a "scam" and promised to fire any trader who trades in it. Later the bank opened access to cryptocurrencies
4. Economist Nouriel Roubini predicted a “matrix of total collapse” for cryptocurrencies. But the market continued to grow, despite the corrections
5. Billionaire Mark Cuban criticized Ethereum for slow transactions. But the launch of Ethereum 2.0 solved this problem.
These examples show that even reputable figures can be wrong in their predictions about cryptocurrencies. It is important to conduct your own analysis and not rely only on expert opinions.
What cases do you know?
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