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Title: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: WNaik on January 23, 2018, 02:22:09 PM Hi Folks, I've read this piece on cointelegraph. What are your views.
“Over the next year I wouldn’t be surprised if it’s BTC down to $1,000 to $3,000.” Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: shulio on January 23, 2018, 03:14:18 PM I think that the Wall Street prediction is shit. There are some people predict BTC will hit 1K and some predict 100K in 2018. Time will tell which prediction is true, but I beleive we will hit at least 50K this year.
Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: JPCain on January 23, 2018, 03:19:42 PM Nonesense. Too much interest in BTC to see it hit 1k.
I would go with your gut. Charts show trends in a market that is easily manipulated. Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: QuestionAuthority on January 23, 2018, 03:31:40 PM When is everyone going to realize cointelegraph is the worst crypto news service in existence. Forbes and Bloomberg stories are usually negative but I’d still rather read them than coincrappygraph. It’s like they go out of their way to pick the most unrealistic negative stories about Bitcoin they can find. It’s seems like Roger Ver and Mike Hearn got together and started a bitcoin media outlet.
Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: WNaik on January 23, 2018, 03:58:38 PM When is everyone going to realize cointelegraph is the worst crypto news service in existence. Forbes and Bloomberg stories are usually negative but I’d still rather read them than coincrappygraph. It’s like they go out of their way to pick the most unrealistic negative stories about Bitcoin they can find. It’s seems like Roger Ver and Mike Hearn got together and started a bitcoin media outlet. I am not sure if it worst or not but certainly i believe many tend to follow them. Who else do you think are non-soldout media worth following :) Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: chiggz on January 23, 2018, 04:00:54 PM Hi Folks, I've read this piece on cointelegraph. What are your views. “Over the next year I wouldn’t be surprised if it’s BTC down to $1,000 to $3,000.” Love these headlines! Pretty sure Wall-street pricks want to get a chunk of the BTC by spreading FUD. Markets will go upward, downwards or sideways depending on the news and some breakthroughs. Only the fickle minded will fall for these news and thus making the whales richer day by day. Did anyone predict Bitcoin to rise upto 18K in 2017? Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: tyuner4 on January 23, 2018, 04:01:04 PM I think for BTC to go to $1000 to $3000 is not realistic. Another “expert” trying to create chaos and manipulate prices.
Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: Tron on January 23, 2018, 04:02:48 PM I wouldn't wonder if his "prediction" is intentionally so that he can create mass panic and reap the effects later. He knows about btc and waits for the right time to buy just like any of us here.
Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: xindoa on January 23, 2018, 04:03:20 PM i think wall street wants it to go to 1k - 3k to buy in. they know how to work the market and i'm thinking they are doing it right now
Title: Re: How credible is Wall Street CIO's Prediction of BTC dropping $1000 ? Post by: RonJohannson on January 23, 2018, 04:03:41 PM If it did, it certainly wouldn't be on fundamentals. it would be due to some kind of major scare, exchange shutdown, Mt. Gox level panic or something like that. The price simply would not hit $3,000 based on fundamentals because way too much money would come in to provide support to the price well ahead of it hitting $3k. The price has been well established at levels well above that for too long now.
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