Bitcoin Forum

There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars,  right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?

There's still a lot of people who do that, whenever I browse the economics and speculation section, I still do see a lot of "50k soon?" or "BTC to 2 mil next year", with just some extremely stupid estimations that people make, although with the loss of some signature campaigns and other earning options, it definitely does look like this has slowed down.

It's pretty obvious that no one is ever going to be able to predict the price of bitcoin, but people still try and what can you do?

This happens with every manipulative market. We've seen such happen in stock market for years. Though there are some clear indications in stocks that set the price trend, yet the market sentiment wins over everything.
The ones who need to buy coins would root for a price crash and the ones who holds the crypto roots for a bull. I too have converted my balances to USD equivalent and I'm looking for bitcoin to go below 8K to buy more. I hope like every year, the price of bitcoin would hit the low limit in Christmas.

When Bitcoin price was under a dollar or even a $100 then when someone said bitcoin may reach to $20k, this was unrealistic too. When something has not happen yet is always not real but that does not mean it is not going to happen.

Not sure if I am making sense here.

Anyway, Bitcoin can reach the $50k mark very soon and possibly after the next halving or in the next few years. It's supply and demand.

PS: Those FUD people and those optimistic people are always around us.

People learned or just tired of predicting too much, there might still some who did it but mostly predicts a much realistic or closer to what's a today price is. I even see some who just predicts to be in that range to create atleast a short fud or just to open a discussion, while we all know it can achieved somehow a new ATH but predicting dates is impossible since many already knows that there are no real experts when it comes in cryptos volatility. Too many known personalities failed to predict prices, that's maybe why we only see few "experts prediction now"

Usually when there is a significant change on the price movement like a dump or a pump, people will either panic or will get FOMO'd but based on my observation, we will see more posters predicting the price when the market is bullish, especially BTC, it did happened this year when BTC was bullish but its back to its normal again because BTC has been unstable at the moment.

just relax, the right time will come, both those who have honest intention and those people who are just shilling will be active again in the market.

They're probably tired of doing those over and over again, or will they ever grow tired of it? Or perhaps they are away from this forum for a while. But you don't have to badly miss them. They won't be gone forever. You just wait for a significant movement in the prices and you will hear from them again. The last time they flock the thread was when the price fell after the short and quick pump which they attributed to China Xi's statement about blockchain.

Well, cryptocurrency or Bitcoin has grown into a speculator's game anyway. People will always be speculating, putting forth theories from all directions. We will never run out of them. 

You just need patience. You've seen the chart, it can't go always up. If you own Bitcoin just hold. What is the lowest it can go in your opinion and what is the highest? If you invest you might need to grow some skin and don't listen to any particular commentator.

Spammers will be always there. So, it is quite impossible if you said no one spreads FUDs currently. I assume you just missed some discussions about price predictions or didn't read much on speculation sections. Please, read more and don't conclude it based on just a few days.  ;)


Unpredictable and volatility are the characteristics of crypto or Bitcoin price. In my view, most people must already know about it.
Regarding the moment, I think we have halving news and Bakkt, right?

I think that's what is called speculation, so not everyone has to announce and share news links, while that is just speculation, bitcoin is not easy to guess, but speculation is usually those who come to this forum mostly from their analytical thoughts and experiences, so just hear it. what they share, this forum upholds freedom as long as it's not beyond the rules just ignore it if you don't like it

That is unrealistic in my opinion. BTC might reach $25K mark after the halving event which itself is spectacular. It could touch $50K if more countries acknowledge its importance like President Xi in the future.

Agreed. I observed so many people in this forum who literally don't possess decent amounts of BTC and comment like they literally know everything about it and the tech behind it highlighting the pros or cons.

They don't disappear but instead simply fade out until the moment comes wherein they can spam their "beliefs" in and post unrealistic things about bitcoin and its price. I'm not a hater nor a fan of any of these type of posts but it gets on my nerves whenever someone posts a lengthy analysis with all the fillers and external sources to support their claim, although in reality none of those will happen in their given time-frame. That's why the Wall Observer thread was created to contain all those type of redundant posts and lengthy off-topic drama that people here have to say but yeah, Speculation sub-forum still is existing so..

At this time, since the market is in bear and slow progress it will be better to keep our speculation as well TA to ourselves, as our thoughts might influence other to wrong perception and invest amounts they are not able to risk just because we posted something seems believable. Be kind to newbies give some thoughts with realistic source, basis and proofs.

It is human nature to act that way, different people respond differently to a price drop or increase, some out of ignorance of how the market works, others with the obvious intent of challenging FOMO or expanding FUD. The reason you don't see it is because you don't look at the proper board, just visit Economy > Economics > Speculation and you will find a large number of topics dealing with speculations.

Lately, positive or negative news has had little effect on the price, which is, in a way, proof that it is no longer so easy to manipulate people into selling or buying coins.

Predicition is still subjected to probabilities and any prediction made by anyone is not considered a mistake since anything can happen. You can opted out those people who were obviously just trolling with the price prediction.

This is actually true. Something is ridiculous until someone proved it otherwise. We cannot just dismiss speculations specially if they have some data backing it up.

But we cannot also deny that there are extremely ridiculous speculations happening on the speculation board. They are drawing numbers out of thin air.

Investors are already smart enough to know what is right and honestly, there still a lot of people posting crazy predictions which sometimes are too good to be true and with people being exposed to this type of new I think most people have learned so much in not letting these predictions affect them and instead they were smart enough to study it themselves and also just waiting for the right moment.

Here I read interesting information about emotional trading: https://neironix.io/news/guides/top_5_traders_errors_or_why_beginners_merge_their_trading_deposit_in_the_first_month

I remembered now. Someone has already written above about market manipulation. I agree, I think, that's why there is much more negative news.

Hence that's good indication and some aren't those fomo anymore. Some seriously taking each step slowly and of course no one wants their money to just blown out of the thin air. While I really don't see anything negative if people will speculate the price in a higher manner, like it somehow set the perception in a positive way and I don't treat it unrealistically as it could happen in perfect time.

The reason behind that is most of the crypto holders right now is not ignorant anymore on news. Before the all time high price, most of the bitcoin holder is just newly enter on crypto which is not fully knowledgeable on what investment they enter. But right now after all the ups and down. We are all aware what will the possible scenario of bitcoin price.

The positive news and fuds never stop in this forum, just check press and speculation boards.
Many people share their predictions regarding bitcoin prices will rise to $50K :D.
However, there is no dump, just normal fluctuations in the market.

They say, if you go looking for bad news, you'll likely find what you've been looking for. I can understand why, in times like this, where one feels discomfort from the current markets stagnation, it can cause hope to seem distant.
  This is why I try to remain optimistic, thinking positively. It's easy to lose patience when dealing in cryptocurrency.

People are always predicting the possible market value of Bitcoin no matter the state of the Bitcoin market.  You not seeing people creating a thread on the drop of bitcoin value does not mean people are not making assumptions. There are thousands of articles being generated as the price of bitcoin started dropping from $9k and people have started making wide predictions regarding the possible price in December and the early part of 2020....

when a dump chart appears, those who analyze support and resistance will react, and this is normal action in the short term, in contrast to the thread that discusses annual period prices, here they try to discuss from the fundamentals, some comments seem absurd, but all of them can be matched if the parameters used are technical.

It's not their predictions which concerns me but it's the effect those predictions will have on new users that bothers me because those unrealistic predictions will impact some or the other users with less crypto experience.  Yes as you mentioned the number of signature campaigns which has been stopped itself is a signal that everyone is feeling the heat of market slowdown but still we have hopes on bitcoin as a long term investment.

Well, I see such threads in the Bitcoin discussion section from time to time. But there are various explanations why you might see fewer of them:
- some people are sick of making such threads
- some people make such threads, but they don't get popular (because the community is sick of them), so they are rarely on the first page
- some of the threads get moved to Speculation subsection
- some of the threads are deleted by the moderators because they don't belong here.
On the bright side, positive news IMO is not weird bullish speculation but information about the good stuff that really happened, and from time to time threads about that stuff appear here as well.

You are absolutely right about no one can predict the price, (except for some Whales that can "influence" the price)

But even with dump, right now people are focused on the BTC halving next year, almost everyone are expecting a huge pump, and only a few are worried

They may have run out of new ideas for the topic that's why you don't see them much or maybe they are tired because no one believe them anymore though I still see some comment on different thread about the positive news about Bitcoin which I usually read compare to those FUD's ;D

Information regarding people making predictions about the next market value of Bitcoin is usually seen at the speculations sector of this forum. You not see it here at this sector of the forum does not mean people are no longer making predictions. Predictions are made by people every blessed day in the crypto space.  It is the only way there is an assumption that faint-heart hodlers will sell their bitcoin fast when they see such predictions.  You should the speculation sector to see people predicting the next market value of Bitcoin.

We must not pay any attention to self claimed warren buffets of CC world. There is no one who can predict the future and I dont think there is shortage of future predictions here, they are still here and giving predictions about BTC and ALT coins.

Experience is the teacher they say "indeed" once you gets hit by FUD, you will tell to run when next you see one.

No one can tell how the market will be tomorrow, we can only predict, but the ugly part of it all is that, most persons will take your prediction for your word. But by the time they get the negative results, that's the moment they will learn that prediction is just a prediction and nothing to be taken serious

I think many people become smarter prediction when bitcoin have higher price, many people said bitcoin become fantastic price at the future, where are they when bitcoin down, does have any prediction about bitcoin will raise up to higher price. Will available for them to give prediction with bitcoin become fantastic price where their give opinion when bitcoin up.

Exactly.  There were people claiming it wouldn't ever get above a US dollar.  Then that it wouldn't hold dollar parity etc.

The answer is: no one knows and it was (and to a certain extent is) a binary proposition in that it will be worth a whole lot or very little. 

That said, the longevity so far and the long term fiat price of bitcoin changes augur well for the future price.  In short, the fact that bitcoin has done so well over the past decade makes it more likely that the long term bullish hypothesis for bitcoin comes true.

A group of people who do like that, creating their own FUD aims to influence forum members and new investors. They aim to buy bitcoin at the lowest price and then sell it at the highest price by spreading positive news again.
But the outstanding FUD is not strong enough to influence the current price of bitcoin, except for Whales who does FUD. If only a small player will have no effect.
As good members, we must respond positively to FUD and must first read the outstanding FUD, then conclude whether the FUD is true according to the current news or only false news.

Almost all of the predicted price of Bitcoin is speculation. The rest, maybe only a few predictions are correct, because they do chart analysis. Of course, we as traders expect a good price for Bitcoin. Right now I prefer to do short trades to take a little profit.

In a way you answered your own question. You think those people do it whenever there's a dump and when there's bad news they scream FUD. There's nothing like that now because there's no bad news and there's no dump. If a 10% loss of value over the course of weeks is a dump you haven't been here long enough. It's a dump when it happens in a few hours.

What's the connection between saying that it will cross 50k and predicting the price? I'd say that a price prediction is "it will be at 50k in 2020" Saying that it will reach 50k is more of a statement than a prediction and it's a true statement. I'd say there's a 99,9% chance that bitcoin will reach 50k. The problem is that it can happen next year or in 5 years.

I guess, they learn how to behave but fud are very common in crypto society because no one can really predict the market price in the following days,months or years. There are only few who can predict it correctly like the big whales who have the control of the price but the small investors are in no position to make a prediction.

Many are waiting for the right moment, once the market will start to bounce back then I am pretty sure that the crypto society will become active again.

this only means people now in crypto aren't stupid to listen or even buy those statements and i am sure that those topic starters realizes that so they stopped being fool to think that another victims will come out.

how can you predict a super volatile market like this?that even those so called experts Fails and now hiding under their closets.

I can see still many people who're dealing with that type of issue, I also think those type of common talking should be paused here because of a newcomer when seeing this then he or she must be perplexed. I don't know why people are doing this thing, what are the advantages of this step, but from my experience, I can say that no one can be able to predict about the price of Bitcoin or any other cryptocurrency, but it's true that Bitcoin price is more or less stable in recent time so this is almost the right time to do something for future purpose, I hope Bitcoin will bring back to us a good price within very soon.

The decision to invest will always be on ourselves. Whatever the posts we can read or comments we see in this forum is somehow part of our decision making. Its true that positive posts can make as feel good about it. And I guess its normal to feel that way and those users are maybe just expressing themselves. We are all expressing our opinions here. In the end, we are still the one reliable in whatever decision we choose to do.

Many people always prediction bitcoin price raise up above $50k but now how bitcoin price still down where is their prediction come true, why many people trust with shit information giving by some one without get recommendation for bitcoin have higher price, why always make sense with bitcoin said become higher price.

People like those will never learn and are either do not want to, or they're just trolling here in the forum. If you're knowledgable enough, you'll know in yourself a real threat or real catalyst that might dictate the prices, on contrary to those which really does not mean anything. And you'll also know that no matter what technical analysis you do, you can't and won't predict the price trend.

Well, I have seen a lot of this kind of theory, especially in the Speculation section. FUD can never be removed from folk here in this oscillating market and the same for people who think the price will hit a million. I'm pretty sure that we all knew that no one can predict the price of Bitcoin but still we created some speculation just to give some FUD or positive news for our own cause.

Those people are definitely still there, they are still posting here and there some predictions in hope to influence some decisions, but the thing is most of the people here on this forum are well informed and know the truth and how they have no idea what they are talking about and just posting useless prediction, so their posts get rotted it out and they don't show up in the front pages because there are hardly anyone responding to them.

Pay less attention to those people who keep on shilling about bitcoin's price in the upcoming years without making any real analyses of its adoption and its usage. I think what these new comers have come to the realize is that...though bitcoin's value is volatile FUDS like these in the forum don't have any effect on the price of bitcoin. Bitcoin's price is mainly affected by major development about it such as its halving or increase in the adoption in other countries.

We need to acknowledge the fact that the people interested in speculating crypto has dropped significantly since we've gone through the bear market. There are not many retail traders left in the market and IMO that's the primary reason for the lack of FUD in the forums like it was back in the days. There is an insignificant amount of people that would react on that FUD if you know what I mean.. Institutional investors laugh when they see FUD. They never make decisions based on other people's POV, especially a newbie posting on a forum.

I think that is exactly what is happening in the market now and it is getting very difficult to really use speculation to manipulate the market as most people we have in the cryptocurrency space have fully understand the whole way that bitcoin and other cryptocurrency work.

Even if they create FUD, you will hardly see many people react to it or panic sell because of that and even if they try to create a FOMO new, you will not find many people that actually do also respond to this also, so I think that things are beginning to change as no one wants to rush into making decision again based on other people’s opinion which has really been a weapon of destruction to a lot of people's finances over time, so we may begin to see those people, disappear from the market.

All of that is just an assumption for every different individual and I don't really make that a problem when they say prices that basically don't look realistic, because no matter what price they say, they just assume and as we know if the crypto market is not easy to predict. All back again to self-confidence, if you think the price is not realistic then make your own predictions and assumptions about the value that is at least more realistic to achieve.

There will always be that kind of trend in the market, the important thing to keep in mind is:

1.- The market will have a new ATH, whether or not they want to pass (When? It is not known how long will it takes, but it is safe)

2.- Adoption is news that is always happening every day (This is something very positive)

3.-Some encourage the FUD, to panic and sell cheap for them to buy cheaper.

The news should know how to interpret, have criteria and arguments in the market due to reading books, articles, is a way to know what information to take and which to discard.

I recently read this article: Bitcoin May Be Forming Long-Term Bottom as Bulls Fight Back, newsbtc.com (https://www.newsbtc.com/2019/11/17/bitcoin-may-be-forming-long-term-bottom-as-bulls-fight-back/), which gives a vision of what can really happen, based on Fundamental and technical analysis, the important thing is to have the full conviction that the Bitcoin market will be much more interesting and it is best to be inside, no matter what.

I always read such post especially in speculation thread, what astonished me most is the unrealistic prediction of the price of bitcoin without any proof to back up those predictions I believed those behind those predictions does so to achieve certain aim recalled when bitcoin attained ATH in 2017 a lot of prediction then that its price would reach $50K was spread as FUD then which prompted a lot newbies to buy at peak thus losing their investment.

I think every people have a freedom to predict by their own analysis and beleve the capability of bitcoin in the rise the value according to their faith. I think giving a self prediction from their own analysis is not a fud news everyone want to give positive prediction for bitcoin future not to bring a fuds.

We should not expect some predictions to make sense because bitcoin is a very volatile coin and because of its volatility makes it very difficult to be able to predict the coin accurately and moreover, what many analyst are using to drive the market price for now is speculation, and without speculation, we might not have seen the value of bitcoin where it is now, although it would still be very useful because of its real use case, but presently lack adoption to rely on its real use case to drive the value to a high peak.

We will see some of these crazy predictions, but as someone who understand the market too, we should be careful not to follow those prediction blindly because if we do, we may end up falling victim of fomo which is one bad thing for investment.