Bitcoin Forum

Hold on it's getting worse

The guy who said few weeks ago new floor Bitcoin is $10k

Is now saying it's about to crash to $5k

Time to get to cash then rebuy

https://1bitcoins.net/bitcoin-crash-to-5k-says-dr-sol-adoni-the-prophet-of-crypto/

This is surely not encouraging. However, he made just a few predictions in a row, which were quite obvious from a market dynamics point of view - just Ripple is a good guess. Or did he predict things which came true also in the past?

Yes this is possible, this week showed people panic selling because of bad news from Korea and bitconnect closure.

I think he's looking for a good dip to fill his bags :)

He's a self proclaimed "prophet" that has to make money selling alerts, books, videos, etc. These are the people you should NEVER listen to. Everyone can call a number and be right sometimes. If he actually knew what price points BTC would hit in the future he would never post it anywhere online, he'd be waiting for it to hit that number then invest his his net worth into it before it inevitably rises back up. These gurus and prophet's are always a scam attempting to get you to follow them and invest in their product.

Seriously you guys are considering him as a gure. For  future readers this is what is mentioned in the first paragraph:


Btc as a garbage designed by NASA wtf , if it was by nasa everything would be over by now. He might be right about the price the market is unstable but again these are just speculation i would still suggest buy now it's a good entry point you can expect  $40k by end of this year.

Why do people fall for these "bitcoin gurus"? I don't understand how a single person could actually know what bitcoin will be at in the next few days, weeks, months, etc. It's not based on anything, so you can't make predictions off of whatever is supposed to be backing it.

People spread these kinds of words because they want to manipulate the markets. They either want to gain value on their btc or they want to watch it drop low enough so that they can jump back in. I'm calling BS on this guru guy. No one can know the price.

Long history of dead on predictions.

He called the .com bubble

His quake algorithm nails quake windows.

BTC is hitting $5k IMO based on he moves markets.

BTC 20k he says 10k it hits days later

He says ripple to soar under a buck days later it's almost $5

He said TRX at 3 cents buy days later 36 cents

He said 10k before last week's crash

It's been stuck there since

Now he says $5k

It hits

Then what

He's real deal guru

Typical person who gets lucky with his first prediction and then tries to get more publicity by throwing out another prediction. If he fails in his prediction he loses nothing but if he guesses it correctly or around it then he'll gain more followers etc.

This guy is a joke. If you actually search around for his credentials you'll find that you have to purchase everything to learn about him and his work. The guy is a literal nutcase claiming that we all live inside a computer, NSA uses his "formulas" but you have to buy his book to learn about it, etc.

This thread should be deleted

As far as bitcoin is concerned, no one could actually predict it's price correctly and we have seen this many times before in the history of bitcoin.

Yeah, probably that guy is going to say "sell all your bitcoins - so you can buy Ripple"

Came on, do you really think that tehre are "bitcoin" gurús or just people who can really predict the price? no way, this is impossible.

And all those who are claiming to be "speculators" or just people who is always trying to say that they predicted the price, are always fakes, like in most cases.

Bitcoin is not Bitconnect. Bitconnect is Ponzi and everybody knows about it by now.
There is no way bitcoin price will go back to $5k that is a myth! I think the bitcoin price will stay above the $10k no matter what.

We have seen BTC price falling down to $9k+ last week. So it is not really impossible to go back to $5k.  Again it can go to $50k as well.  This is the name of the crypto game. No one can predict for sure..

He says ripple company good. Bank product good,. XRP crap.

He explains it's old, only 1 tiny client in Mexico using it and the recent MoneyGram news adopting it is fake, MG is only doing minor test one location.

Then trashes TRX as Ethereum chain crap with a fake white paper.

He says here's some real projects to do a global currency right it's cost 100 billion.

So unlike everyone else he has big time math credentials and he had hit 3 major moves in 30 days.

If he misses this he's 75%. Right

If he hits he's 4/4 on major moves

He said 10k floor it hit twice in 3 weeks, now he says floor moving to 5k.

You see floor collapse this week you'd be wishing you sold to rebuy the dip.

So right now he's saying all crypto is crap to do a crypto super highway will take 100 billion.

Until then it's all crap.

But lots of people buying crap so knowing where the ceilings and floors are is huge.

BTC nsa crap

Bch faster crap

Xrp no clients no value

Trx eth crap fake white paper

So his track record is

BTC 20k he says 10k. 48 hours he's right
XRP 80 cents he says it soars 48 hours later it's 4.50
BTC 15k after bounce he says 10k 48 hrs he's right

Now he says BTC 11k it's hitting 5k

1-5 days we see if he's right

Oh he hit TRX too in his xrp call
He said it's jumping it was 3 cents it hit 36 in 2 days
Xvg he said in ripple was buy 11 it doubled next day

So he gives info about fast moves the next 2 days

5 he hit in a row

Now he says go to USD or USDT and wait for 5k

Then jump in

For anyone passing by here I would save yourself the trouble and not even bother clicking on the link in the OP. What a load of garbage, prophet - what a joke, guru? are you kidding me? Give me a break. This is fake news if ever I have seen it.

Just read the articles,. Links to time stamps Twitter calling 5 major hits.

He did it.

So see what happens this week.

It hits $5k then what?

He's a proven guru.

Oh, dude sings his music videos showed locations where quakes and hurricanes then hit.

So psychic, algorithms, ets,. Who knows how he's doing it, but he's doing it.

It's all just speculations no one knows whats the future of bitcoin. Panic on the investors causes the price plunge to its low but its not a strong sign that it will be down even more. There's also a reliable analyst who says bitcoin will continue to rise and could reach up to 100k.

I have never heard of this 'guru'. I don't really believe he's worth $100 a month or whatever either. Could he be right? Quite possibly. So could my arse be. You're welcome to pay me $100 a month to watch a live stream of my arse and its predictions.

I don't think so how knowledgeable that guru to predict the unpredictable price of Bitcoin. Well, if you're a passionate day trader, you can play the price then by just selling at high and buying when low or hold it instead if you're a long term trader and nothing to lose.

Why does he call everyone "moron" on Twitter? He seems insecure.

This is the burden of true genius. When you have to deal with lesser humans who can't see the entire future laid out in front of them like he can (for a modest fee and no salesman will call) it must be desperately tiresome.

How about the Guru’s like Trevon James,  Crypto-Nick, and Tai Lopez whom promoted Bitconnect which was/is a Ponzi. There are very very few stock market gurus and I am positive there are even fewer “crypto” gurus. Everyone needs to do their own reading and homework before even wasting time on stuff like this. Form your own opinion first.

I just read every article. It's all BS. Even I said BTC would drop to $10K. I even told a co-worker last week we will see $5K. Every article only discusses 3 predictions over and over. None were all that surprising. Many people predicted the same.

I don't think that it is possible for bitcoin to go down that low. And I think that's one of those fud occuring right now. Another thing is this, that site is not that legitimate. I mean that it didn't support  much information about the topic itself. And I know for a fact right now is the start of the bullrun.

I don't really that is gong to happen. The guy is just trying to spread a FUD in the crypto market. There is no real reason now for Bitcoin to go down as it has been down for many days and just recently it has recovered the price fall. If anything is gonna happen then it must be Bitcoin going in the upwards direction. Most of the coins have been laying idle for a few days. I believe that BTC will soon rise when we see a spike in the number of market cap.

I corrected a little of your statement. yes true, if long-term bitcoin prediction is unpredictable, because it is so hard, that they get more errors. and surely this will be a surprise for us.
but if the short-term prediction, I think easy, and short-term prediction is more widely used by traders.

Bitcoin now can not drop in price to $ 5000. There are no objective reasons for this. Judging by his behavior, he will either float up and down, or in the near future will grow, if his shortcomings with slowness of transactions are also eliminated soon. These predictions are not always true, and in this case I do not believe them. Although, if you think, the short-term drop of bitcoin to such a low price opens up broad prospects. It will be possible to purchase well.

It's just speculation that no one knows what bitcoin's future is.

bitcoin guru just told me (special account holder 500pm) bitcoin going to 20k next week.

then 100k the week after

but then 25k by end of year so gradual decline after the 100k is reached.

He told me the 100pm members are the cannon fodder to feed us 500pm holders cheaper btc before the rise.

Never cheap out go for the special account holder status next time.

Be glad that I warned you ahead of time.

Many people think that this is just a coincidence and some good luck when they make predictions. Many people believe that the bitcoin price depends on information from countries with crypto economy.

nothing to worried, if you believe you hold your cash and buy bitcoin when it really hit $5k, people can say anything about the price but market who decide it. but if you really believe who said it. it is better for you to wait and buy at that price

I asked a similar question to this regarding how low Bitcoin will get again.  In a perfect world, it will stay above $10,000 but I'm foreseeing another drop below that.
If Bitcoin does in fact drop to $5,000 and this person is correct, I will definitively be taking advantage of the discounted coins and buy.

The most interesting thing about this thread is your post count.

How can you have multiple posts in this thread and only show 1 post?

And there isn't any "guru" just like this guy is saying, they all are speculators after all.
if you want to believe in him, just do it, but the price is not going to touch less than $8000.
And i think that $5000 is a VERY low price after all.

Those are just speculations they can't literally predict how bitcoin would go. $5000 is low enough, this Guru is claiming an impossible "price prediction" without any valid evidence to support his claim.

Just getting started I hope his predictions are just that and they do not come to fruition. I will be keeping a close eye on my meager investment.

Good fun, he prepared his buy at 6000 :)

yes, you are a back door hole ;)

this guy was saying it will crash to $5k before too and will continue to say it becuase he missed buying bitcoin in the previous dip. these days everyone thinks they are experts and gurus or whatever else they call themselves these days.

then what are you waiting for?

Well, there's no harm in believing or not what the GURU'S says and what they called "THE PROPHET" , let's just use it as a guide and be warned, so we can cope easily what will gonna happen in the near future of cryptocurrency world. Thank you OP for sharing this one.

We should not fear when bitcoin price will dip down. For sure it will always back. There are factors behind this dipping down, one of it is the banning of cryptocurrency in  some countries and I think many whales will sell out their bitcoins.
It is just for this first quarter of the year. It will be back soon. I think what you are saying is correct. We need to rebuy bitcoins to invest when it happens. It will become a high profits.

It is too early to say that the major support price of bitcoin is 5,000. We are now in a slow upward momentum. if this continues and breaks the 14,000 price level then bitcoin will likely reach new ATH.

No one knows where the market moves. the best thing to do is watch the price action and wait.

Actually, I always think the BTC will reach $fifty thousand, because with the increase the encryption in the Cryptocurrency market, and some country began to admit that the BTC, so also should be the BTC has been rising, reached $50000, then probably is the bursting of the bubble.

It actually does harm to those faint-hearted investors. A FUD can easily create a panic which later on drastically change the price of any crypto. This is now being used by whales trying to manipulate how the market goes.

Bitcoin is recovered from two bad news one korean govt ban and 2nd one bitconnect ponzi scheme but in my opinion all previous history about bitcoin it shows that bitcoin is remained in great surges and in future it will remain in same surges.so be patient hold and wait for next big trend in price.

Bitcoin might not be gone down to $ 5K level as it is based on demand-supply. In last few days I am observing that as the bitcoin go down the demand from buyers are increasing and perhaps most of the profit makers already booked their profit and now it will move to genuine demand only. So, at every dip demand compensate the fall and again graph is gone up.

it will never hits $5,000 the price of bitcoin, $9,000 to $10,000 people think these price is cheap they will invest more once bitcoin hits under $10,000 but to hits $5,000 that's impossible.

trashing bitcoin to promote his so called crypto projects. what do you expect from this called crpyo prophet. bitcoin is still unpredictable so it is early to say it would dump $5k. you are correct if your prediction is true but what about wrong?. you can be called crypto prophet if you can predict all the event that will happen in the future correctly without any mistakes.

Keep watch and DYOR, not just from one person. The downside to prophets and gurus is that you can't tell which is the cause and the effect. If this guy gets airtime, people panic and the price crashes. Or something else is at work and the price crashes, and he ends up correct. Have a plan, that's #1.

Just think if it happens... Its a bargain sale... do something at your own risk.. or regret of not buying it at dip again.

This is all FUD's and nothing else. Who are this guru's and on what basis have they told this because it's been long time since I am also observing bitcoin and it's trends year by year.And according to me the correction was a regulatory one and this is happening from three years and it was also evident that the prices will spike immediately.I can understand why these guru's want to flow false news because people here are very emotional rather than being logical and they will definitely believe in all this rubbish news which ultimately gives them profit.

Yes this is possible. Because there are may FUD in this month, and maybe next month too.
The chart with major timeframe said so. I'm waiting for the dippest price, I will buy in that price.
But, remember that bitcoin always do big correction before then to the moon. So wait and see

Love seeing all these first time posters spreading FUD...
This is not believable at all. Come on people..

Well most of that news were just speculations about what they think will happen to bitcoin. No one knows what will happen in bitcoins price since it is unstable and market changes quickly. It will always be up to you whether you'll take their opinions or not.

Cointelegraph just confirmed that the India bank news article was not true.
Here you go:
https://cointelegraph.com/news/indian-banks-suspending-bitcoin-exchange-accounts

So which Shill mill are you working for? Goldman's?
:)

I think that $ 15 000 we will see earlier than $ 5 000. But after the stop there will be about 8-5 thousand. And then, when everyone hates Bitcoin, it will cost 20-40-60k

There are too many self proclaimed gurus in this world. Just in the stock markets, the financial analysts make one or two big predictions and become famous, but they can’t last long. Meredith Ann Whitney is one of them.

I say trust yourself.

If the South Korea bans the exchange markets, the price of Bitcoin might to be decreased up to $5K. But I think many people will re-buy BTCs while a panic selling, so the price will be $7-8K.

You mean cointelegraph printed an article with fraudulent information in it!!!

They are such a reputable publication I find that hard to believe. ROFLMAO

If you bought it at low price, sell it quickly when you know you can have profit. But if it is going down, just hold it. We cannot predict what will happen next to the price of bitcoin so you must be responsible by yourself.

I think this is just another FUDing being spread by someone in hopes of pushing others to panic sell their holdings so he can buy bitcoins by volume.  ;D I don't think bitcoin will go below 8K USD mark this year even if bitcoin looks so bloody and tired of climbing back this month. Well, everyone is entitled to speculate about bitcoin's future but i hope it'll be good for bitcoin this year again.

Whether one should believe this "expert" and sell to reinvest or call him bogus and remain invested is basically a good overview of ANY market - crypto, stocks, bonds - you name it. It's also a good reminder of why there were so many daytraders committing suicide and gunning down their colleagues back in the 90's and early 00's. If you wanna react to every piece of "expert" advice you read, you assume the risk of your choices (and you may be a daytrader!) If you want to scoff and HODL, you are following what has proven to be sound advice since the first market rang its first bell. A lucky few daytraders hit it big back then and everyone decided to quit their jobs and do it full time - only to discover its nearly impossible to predict the market - and that was the stockmarket which is MUCH easier to predict than the crypto market! The vast majority of stock market investors chose to not play so recklessly with their money and HODL. 20 years later, the stock market is topping 25K and you don't hear about daytraders anymore.

If you truly believe in crypto and are convinced it is the way of the future and, if based on your research or whoever you choose to listen to, you think BTC is going to remain as the leader of crypto, then you follow the tried and true pattern of all successful traders, but low, sell high (if you need to pocket some cash) and otherwise HODL.

Lastly, anyone who sunk their life savings into this market and jump anytime an "expert" makes a prediction should probably not be playing any market, especially this one. To those I would say either cut your losses and get out now or do your own research and make decisions based on that with which you are comfortable, however, be prepared for the ups and downs because, just like the stock market, this ride is not for the weak of heart. If you want that, get your cash and go buy a bunch of CD's and sleep well at night!!

Bitcoin will hit 1K as long as these third world shitholes like India and Korea keep creating FUD.

At this juncture am not really surprise if it is able to hit such low depths at all. What we are facing currently is price correction but I doubt it is going to go as low as $5,000, though there are less and less investors those are in it for the long term are still there.

Its unlikely but could definitely happen. I would wait until January 26 to see what happens when the bitcoin future contracts expire again. Last time this happened there was a sharp rise in the price. Honestly pretty clear price manipulation going on but what can you do in an unregulated market

Like almost all do you should re-cash when Bitcoin hit 19,000 usd, now I  don't advice for anyone to sell at this level because hitting 5,000 usd may not go happen but have at least cash to buy Bitcoin at that level, don't sell all your bitcoin now.

and we should trust what This unknown nutcase person say !  . No one can predict BTC price period . The only way to do so is if you have a huge amount of money that can move price , Or have huge amount of BTC that can move price . And even by that you will only move it a little . The only thing that is reall effect BTC price is what people believe , If the bigger % believed that the price will go up and acted according , then it will. And the other way around .

Hi there iamabackdoorman! This sounds no good; There are times that one could achieve popularity by contradicting to the belief of the masses, anyway that is the freedom of speech. You better see the dates on those linked articles and you could see that a prediction is made during the price is low. A true prediction must be made before an even would be happen. So why there are no month indicated about the 5k drop? LOL Most of the analyst even you could check it on the trading graphs that bitcoin price is near to finish its correction phase, meaning the price is going upwards and it could even surpasses the all time high of 20k.  ;)    

I don't think it will go down to 5k as that would mean
Bitcoin would have lost more than 60% of its value
and we may enter a bear market for the entire crypto-
currencies.

If it actually gets to that level and you have not gone into USD, you better be prepared to hold for a long time.

Well, to get the whole pictures we should also know all the predictions he made which DID NOT come true. I have followed for some years the statements of several so called "gurus" who were famous for having correctly predicted this and then having predicted that, but what I have noticed that they also predict a lot of things which absolutely don't become true, and these things are then left out of the pictures by his adepts. So, again, some of his wrong predictions anyone?

If you were watching social media during the spike out to $19k, you can see there are a lot of people who bought in at the top when all the casual investors, or normies as they're sometimes called. If they haven't sold by now they're almost definitely holding and trying to wait for it to go back up, and I would be inclined to think they're going to be holding for a very long time.

I feel bad for a lot of these situations, in a way, since they all ended up getting stuck in a declining market they didn't even realize was slipping. A lot of people were looking for free money, now that's all on its head. Brutal in a way, but welcome to cryptos. Everyone should make sure they're prepared for their stay.

yes there was this octopus which was able to acurately predict the soccer results at World Cup. Until it failed. I don't remember the year.

I guess you could call it guru too :D

I know the future but I need money to sustain my gift, how ironic right?. I’ve been predicting on my own but never really comes in my mind to be relevant to the bitcoin community as a fortune teller even making a right one for many times now. There were plenty of this kind of person and using some accounts to promote his/her link for free viewers is almost coincidental.

Who's to say a big release in terms of ln doesn't come out and the market completely swings.

I won't be selling my btc to buy back later. I don't think we will get much lower than this.

I guess there are a lot of commentators now than ever who have found their voices and are making predictions at every single opportunity, what haven't they said before? yet it grew past 19k$ and so i will just neglect those so called gurus and their speculations and rather keep holding because bitcoin will bounce back strongly as we've always known it to be.

The price should not get to $5k. The only way that the price would naturally go to $5k is if that Bitcoin Guru has a bunch of coins that he can sell to make it that price.

If that’s the case then it’s going to be a blood bath again with the other altcoins. But I will still hold on to my bitcoins and other altcoins until it reaches the target amount I am eyeing for. I’ll just have to wait and see how the peice goes beccause it seems like another price correction is happening.

Look back to last January month, there was some problematic time for bitcoin users. Nowadays its come back to its own form. It gains its position, and also hope it can hold it's position for coming future. I have full trust in it.