Bitcoin will eventually collapse ("blow up"), possibly after first reaching $20,000.

Pending ●●●●●

“Don't ask me to short it. It could be at $20,000 before this happens, but it will eventually blow up.”

Said on: 12 September 2017 · Barclays-hosted banking investor conference in New York, where he also called bitcoin a fraud. No window given; "eventually" read as about ten years (to Sept 2027). Bitcoin did crash about 80% in 2018 after nearly reaching $20,000, but later recovered to new highs.
Source: Bitcoin 'is a fraud', says JPMorgan chief executive · Arab News (Reuters)
Should come true: 2027
How sure they sounded: it will eventually
Categories: Crypto
Importance: 3 of 5 · A collapse of bitcoin would wipe out a large asset class and reshape the crypto industry.

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History