Bitcoin Could Hit $1 Million Says Coinfund's Ginns

Bitcoin Could Hit $1 Million Says Coinfund's Ginns

Assessment

Interactive Video

Business

University

Hard

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The video discusses Guggenheim's interest in cryptocurrency, particularly Bitcoin, and features insights from Scott Minerd. Minerd shares his views on Bitcoin's valuation, predicting it could reach $400,000, and discusses its potential as an institutional asset. He compares Bitcoin's growth to Tesla's past performance and suggests that Bitcoin could reach $500,000 to $1,000,000 in the near future.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial price of Bitcoin when Guggenheim decided to start allocating towards it?

$15,000

$20,000

$10,000

$5,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted value of Bitcoin according to the fundamental work mentioned?

$100,000

$200,000

$400,000

$300,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what year did the speaker's involvement with Bitcoin begin?

2018

2015

2012

2010

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted base case value range for Bitcoin's four-year cycles?

$350,000 to $450,000

$150,000 to $250,000

$250,000 to $350,000

$50,000 to $100,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential future price range for Bitcoin as an institutional asset?

$500,000 to $1,000,000

$100,000 to $200,000

$1,000,000 to $2,000,000

$200,000 to $400,000