Med panik i luften håner Cramer Bitcoiners ved at sige "Number Go Down"

Med panik i luften håner Cramer Bitcoiners ved at sige "Number Go Down"

Tidsstempel: 23. januar 2024 kl. 8
With Panic in the Air, Cramer Mocks Bitcoiners by Saying “Number Go Down” PlatoBlockchain Data Intelligence. Vertical Search. Ai.

On January 23, with his confidence growing due to correctly predicting that there would be lots of BTC selling after the launch of multiple SEC-approved spot Bitcoin ETFs on January 11, for the second day in a row, CNBC’s Jim Cramer decided to comment on Bitcoin’s price action.

Den tidligere hedgefondsmanager Jim Cramer er vært for CNBC-showet "Mad Money w/ Jim Cramer. " Han er også en medanker af CNBC's "Squawk on the Street", såvel som en medstifter af det finansielle nyhedswebsted TheStreet. Hans karriere inden for finans inkluderer at administrere sin egen hedgefond og flere år hos Goldman Sachs. Cramers tilgang til investering og hans energiske tv-persona har gjort ham til en bemærkelsesværdig figur i finansielle medier.

Den 2. januar, under en samtale på CNBC's "Squawk on the Street", med Bitcoin handel til $45,658, over $45K niveauet for første gang siden april 2022, fortalte Cramer co-chost David Faber, at Bitcoins rally til dette niveau var blevet drevet af roen på markedet efter sammenbruddet af FTX (dvs. en dårlig aktør bliver drevet ud af kryptorummet) og optimismen over den potentielle godkendelse af spot Bitcoin ETF'er af US SEC.

Han tilføjede:

"Det kunne være en 'Waiting for Godot'... nej, der vil være en ETF. Jeg tror, ​​at de mennesker, der er i det for det, vil bruge det som en chance for at sælge. Det her er, du kan ikke dræbe den. Og den afdøde Charlie Munger, som var så genial på så mange ting, var blind for dette …

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"but look, I mean, it’s a reality, and it’s a technological marvel. And I think people have to start recognizing that it’s here to stay. The SEC has been against it almost the whole time … I do think that this is a remarkable comeback that was unexpected, except for all the bull who turned out to be right."

Yesterday, as Bitcoin struggled to maintain its position above the $40,000 mark, Cramer took to social media platform X to say:

Well, earlier today, Cramer reaffirmed his viewpoint, predicting a vigorous yet ultimately futile attempt to maintain this price level, attributing this to an inadequate influx of capital. He coined a new phrase, “Number Go Down,” to encapsulate his pessimistic view on Bitcoin’s near-term prospects.

In the Bitcoin and broader cryptocurrency community, the phrase “number go up” has become a popular meme or catchphrase. It’s often used by Bitcoin enthusiasts and influencers on social media, especially during times when the price of Bitcoin is rising. The phrase is a simplistic way of celebrating and drawing attention to the increasing value of Bitcoin, often used to convey the optimism and bullish sentiment in the community.

Given this context, Jim Cramer’s use of the phrase “Number Go Down” can be seen as a play on this popular meme, but with a twist to reflect a bearish outlook. By inverting the well-known bullish catchphrase, Cramer is not only commenting on the current state of Bitcoin’s price but also potentially critiquing the sometimes overly simplistic and optimistic views within the Bitcoin community. This inversion adds a layer of irony and critique to his statement, making it more poignant, especially to those familiar with the original “number go up” sentiment in the crypto world.

At the time of writing (i.e. as of 1:05 p.m. UTC on 23 January 2024), Bitcoin is trading at approximately $38,962, marking a 4.80% decline over the past 24 hours. This follows a peak of $48,733 on January 11, indicating a 20% correction since the spot ETFs’ introduction in the U.S.

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