The Wolf Of All Streets Massive Bull Run Ahead: Bitcoin To Skyrocket To $500K By 2028!
Feb 6, 2025
Tom Dunleavy, a partner at MV Global, dives into the juicy details of the evolving crypto landscape. He discusses a bold prediction that Bitcoin might reach $500,000 by 2028, fueled by institutional interest and regulatory shifts. The conversation reveals tensions in funding strategies and inflated valuations, stressing the need for viable project use cases. Dunleavy also highlights the growing significance of Bitcoin adoption, underscoring how strategic reserves could spark a surge in investments.
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Scott's Disappearance
- Scott Melker is absent, possibly due to market panic.
- He may have sold his assets, bought cocaine, and fled to Colombia.
Excessive Funding
- Crypto projects don't need to raise over $10 million.
- Large VCs inflate valuations due to excess capital.
VC Capital and Market Influence
- Several large VC funds still hold significant undeployed capital.
- This capital influences valuations, potentially negatively impacting retail investors.