Bitcoin prediction from 'Experts'

[jcarlo]

In these days, many experts come with their prediction. I think bitcoin will recover again because its real investment and its usual bitcoin always high fluctuation. Better keep optimistic on our investment and hold it for long term.

[sudeshkumar]

Experts advise is more valuable because they predict with there experience and expertise however it is difficult to judge the price movement in advance otherwise all investors would have become rich.

[libert19]

I agree. These people call this gonna moon when in bull run and say this gonna hit very low during times like this. Following them is waste of time.

[Msworld83]

There so many reason the price go down but I believe we truly need it to go down but many factors delay it since some months now and here it is today but I will say panic selling also cause it at times and many are you for quick money and not the use if the Bitcoin as the main reason for it creation , so far we have been having issue on legal and illegal to adopt but yet many still use it on daily basis so I will advice you just stick to what you know as those you call expert just trying to say what they think and you can also do same it you think otherwise.

[Mymikagab]

I'm confused by many predictions, well I saluted who of them hit the bitcon price. Most likely to invest because of their predictions. Tom lee prediction is $15k in the end of this year, let see if he is correct! Guys i'm happy even the bitcoin will hit $8k-$10k i'm happy to see the price rise even at such a price.

[Shatterlean22]

Who are the experts? We are all experts in predictions so I will say don't listen to anyone ,just think and make up your mind ,as for me I can't even predict because its not that easy ,my thoughts now is we need ETF approval very badly,that's our only hope now

[RondoAnyar]

for the problem of bitcoin prices today it is indeed at a low price position, but if the price reaches $ 3000 it is a prediction that does not necessarily have the truth, it is a statement that does not have basic evidence.

[Seeker#9]

I believe no one can predict exactly what will be the price of bitcoin in the future and even the so called experts in cryptocurrencies. There are already failed predictions in the past and still there are lot of them trying to predict the future of the coins. Cryptocurrencies are highly volatile but their prices can be manipulated so I think the only people that will know the future prices of the coins are the manipulators themselves.

[Pursuer]

the problem with OP is that he thinks what he read is a "prediction". but it really isn't. it is more like a guess and worst it is something to fill the space on that news site so that people like him click it and read it so they can give that website some traffic so that they can earn money from that traffic. as a result they don't care about what they publish. most of the time they "create" both the "prediction" and the "expert" at the same time and quote them!

[Yeahpro]

Snip

I intended the quote " " on expert would convey my reservations and skepticism about the entire episode. Maybe it was a little to understated.
I did not accept it as a prediction, nor do I subscribe to the idea of "expert prediction"
I just wanted to highlight the part in italics and get public opinion

but I was drawn to the statement made by Former institutional trader, Tone Vays;

"BTC constantly drops 80 or 90% to make sure people know what they’re doing, that they understand why they’re in BTC. And I think there are so many big buyers of Bitcoin and they weren’t buying it for the right reasons. They were buying it to make a quick buck and to be famous and to make money for their investors"

I commonly here the term 'shake out's being used, and it is becoming to seem to me like positives people take whenever there is a market drop. But we never truly have one, as during the next dump, there's another shakeout.
I'd have to lock up the thread now as the discussion is not on the supposed topic.

[G00DFe77a]

It's a self fulfilling prophecy. Predictions like this makes everyone sell or not buy until the predicted levels.