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Author Topic: What makes this person from Goldman Sachs a expert on Bitcoin?  (Read 429 times)
rfisher1968
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August 14, 2017, 08:56:37 PM
 #1

https://www.coindesk.com/4800-goldman-sachs-analyst-thinks-bitcoin-price-heading-higher/
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August 14, 2017, 09:12:13 PM
 #2

Absolutely nothing.
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August 14, 2017, 09:18:31 PM
 #3

They have Satoshi in a cage in the corner of their office and have done since 2011. Those pesky illuminati never miss a trick and they haven't here.  

And is it conceivable that the people who've taken giant surreptitious positions are slowly coming out of the woodwork?

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August 14, 2017, 10:27:44 PM
 #4

Only random guess based on charts??? Nothing for sure in the future but it's likely bitcoin could reach $5000 after segwit be activated.
She has been proven wrong; Bitcoin May Reach New High Over $3,600 , and will continue her misleading prediction.
Bitcoin price may won't fall down before November, when another hard fork planned will happen.

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August 14, 2017, 11:28:24 PM
 #5

They have Satoshi in a cage in the corner of their office and have done since 2011.

=D

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August 15, 2017, 02:01:55 AM
 #6

Well, they keep updating their "prediction" every week after the fact.  I'd say that's what makes them an expert.
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August 15, 2017, 04:19:05 AM
 #7

she made a couple of predictions so far which were true:
- the bottom of the dip at $1800ish
- the rise after it
and now this.

although i am still a bit skeptical of all this because i have a theory that the dip speculation happened because it was famous and created expectations so it caused some sort of resistance around that price.
and the rise is obvious. price is going up with a lot of strength. you are not so out of place if you say it will go up to $5000 for example.

and when articles like that fill the internet again they make expectations. people expect it to go that high so the sell pressure until that mark goes away and appears when it reaches there. and market maker doesn't disapprove of this either Wink

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August 15, 2017, 04:23:49 AM
 #8

she made a couple of predictions so far which were true:
- the bottom of the dip at $1800ish
- the rise after it
and now this.

although i am still a bit skeptical of all this because i have a theory that the dip speculation happened because it was famous and created expectations so it caused some sort of resistance around that price.
and the rise is obvious. price is going up with a lot of strength. you are not so out of place if you say it will go up to $5000 for example.

and when articles like that fill the internet again they make expectations. people expect it to go that high so the sell pressure until that mark goes away and appears when it reaches there. and market maker doesn't disapprove of this either Wink

It is called as self-fulfilling prediction meaning to say that what happened is due to what others said will happen. And this is quite true with any type of market we have much more so with cryptocurrency where traders are always listening to the news including of the mainstream media and the many analysts who have the habit of spewing out their opinions on many matters related to Bitcoin.

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The Pharmacist
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August 15, 2017, 04:29:29 AM
 #9

she made a couple of predictions so far which were true:
- the bottom of the dip at $1800ish
- the rise after it
and now this.

although i am still a bit skeptical of all this because i have a theory that the dip speculation happened because it was famous and created expectations so it caused some sort of resistance around that price.
and the rise is obvious. price is going up with a lot of strength. you are not so out of place if you say it will go up to $5000 for example.

and when articles like that fill the internet again they make expectations. people expect it to go that high so the sell pressure until that mark goes away and appears when it reaches there. and market maker doesn't disapprove of this either Wink
Yeah, I noticed that too.  Methinks if one has as much dough as Goldman Sachs,  one can move the market and thereby make those predictions come true.  Know what I mean?   So I wouldn't poo poo this.  They may be disgusting pig capitalists,  but they didn't get that way by being ignorant of markets.

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