Celebrated crypto advocate Raoul Pal (pronounced “Throat Warbler Mangrove“) had this to say four years ago about Ethereum and where its price was heading:
So he “felt” this thing was going to go up about 500% in a few months because of some crude analogy. OK, got it. Well, since years have gone by, this sucker should probably be, what, like a million bucks? Not so much:
$ETH is LESS THAN ONE-TENTH the predicted price. Indeed, looking at the longer-term, my “feeling” is that this thing will be measured in the hundreds of dollars, not tens of thousands, in the future.
Using a feeling to predict the market. I like it. Show us the way, Paul!
