Lightning Network application Strike founder Jack Maller recently shared an interesting perspective on a TV program: "Bitcoin's target price isn't $150,000, nor a specific number, but all price levels."
His logic is as follows — the global savings market size is between $400 trillion and $500 trillion, while BTC's current market cap is only $2.43 trillion. Based on this ratio, Bitcoin still has at least 100 to 200 times of growth potential. Sounds crazy? But if you understand Jack's background, you might not be so surprised.
This guy was born in Chicago in 1994, into a three-generation financial family — his grandfather was once the chairman of the Chicago Mercantile Exchange, and his father founded a futures brokerage. In 2013, at 19, he was introduced to Bitcoin by his dad, then dropped out of college to teach himself programming. The Strike app (formerly Zap), launched in 2020, has now become one of the most mainstream applications of the Lightning Network.
So, these views he shares are somewhat backed by his background.
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GateUser-6bc33122
· 01-19 01:11
100 to 200 times? Bro, are you dreaming or did you actually calculate this? I'm a bit confused.
The Malus family background is indeed extraordinary, but I always feel like there's something off about this logic.
All these price level statements sound ridiculous. What exactly are they trying to say?
A 400 trillion dollar savings market... where does this number come from? It doesn't seem very reliable.
I like the Lightning Network, but these price predictions are really a bit far-fetched.
Coming from a financial family and dropping out to learn programming, this guy is indeed quite interesting.
100 times is unrealistic, but I believe Bitcoin still has room to rise in the long term.
No matter what he says, I'm just going to keep holding.
Claiming all price levels as target prices—that's just throwing around big numbers, right?
Rothfuss is indeed competitive, but this logic is a bit far-fetched.
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GasFeeCrybaby
· 01-17 08:33
100 to 200 times? Bro, are you joking with me or do you really believe it?
Having a mine at home is just different, anyone would believe your bragging.
I've used Strike a few times, the experience is indeed good, but this price prediction... I'll just watch.
This kind of talk at all price levels sounds quite philosophical, but honestly, it just means there's no bottom line.
This kid's financial genes are fine, but he's also inherited the gene for bragging, right?
The talk about the savings market size is a bit forced, the Lightning Network isn't that widespread yet.
Another futures family, a dropout genius—sounds like character settings from a novel.
100 times? Let me calculate what price it would need to reach... Only a crazy person would believe that.
All price levels = everyone will be rich? Why do I find it so hard to believe?
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FunGibleTom
· 01-16 01:54
100 to 200 times? Bro, are you setting off fireworks or what haha
It's really hard to say what fraction of global savings btc can actually capture
This family gene is a bit strong, no wonder they dare to do this
How is Strike to use? Is anyone really using it?
Wait, his dad is also a big futures trader? Then this set of theories sounds more like traditional thinking in the financial circle
Forget it, anyway, holding onto it, one price is just right
They have a strong background, so their words sound even smoother
Can the Lightning Network really be pushed forward? Feels a bit slow still
All price levels? Then there’s basically no target, smart one
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FlatlineTrader
· 01-16 01:43
100x? 200x? This guy really dares to think, but the background being there does have some convincing power.
Strike has really been used, and the Lightning Network experience is pretty good, but the pricing argument feels a bit exaggerated.
Bloodline theory + tech enthusiasts + early believers, this combination indeed tends to produce bold opinions, but I wonder if they can be implemented.
I'm somewhat convinced by the logic of the savings market benchmark, but this isn't financial mathematics.
Dropping out to do programming is indeed something tangible, not just talk.
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BearMarketSurvivor
· 01-16 01:35
100 to 200 times? I wonder if this guy is serious or just bragging.
I admit Jack comes from a well-educated background, but that logic in the savings market... always feels a bit of a stretch.
The Lightning Network definitely needs a killer app; Strike isn't enough.
This price range sounds romantic in theory, but in a bear market, it's just a joke.
However, Strike has indeed been doing pretty well over the past few years, I have to say.
Getting into the crypto world through connections and dropping out of school to code is definitely the standard crypto entrepreneur routine haha.
All funds flowing into BTC in the savings market? Think again, brother.
I'll believe half of what he says, and the rest just as an inspiring story.
Lightning Network application Strike founder Jack Maller recently shared an interesting perspective on a TV program: "Bitcoin's target price isn't $150,000, nor a specific number, but all price levels."
His logic is as follows — the global savings market size is between $400 trillion and $500 trillion, while BTC's current market cap is only $2.43 trillion. Based on this ratio, Bitcoin still has at least 100 to 200 times of growth potential. Sounds crazy? But if you understand Jack's background, you might not be so surprised.
This guy was born in Chicago in 1994, into a three-generation financial family — his grandfather was once the chairman of the Chicago Mercantile Exchange, and his father founded a futures brokerage. In 2013, at 19, he was introduced to Bitcoin by his dad, then dropped out of college to teach himself programming. The Strike app (formerly Zap), launched in 2020, has now become one of the most mainstream applications of the Lightning Network.
So, these views he shares are somewhat backed by his background.