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Author Topic: CNBC Audience Predicts $10k Bitcoin Price as Dotcom Says ‘Hodl’  (Read 634 times)
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October 17, 2017, 12:05:14 AM
 #1

https://www.cointelegraph.com/news/cnbc-audience-predicts-10k-bitcoin-price-as-dotcom-says-hodl

48% said $10,000

34% said Jamie Dimon will be right.

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October 17, 2017, 12:21:09 AM
 #2


Jamie wants to believe that bitcoin is bubble and has no future.Reality can be different than predicitions. I saw some funny photos about Jamie Dimon on twitter regarding his latest speech Grin



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October 17, 2017, 02:11:45 AM
 #3

Jamie Dimon is a Federal banking chief previously, he has strong bias to his view of commerce.   There is such a thing as wisdom of the crowds, they may be correct on price but its harder to prove the case for actual trade growth that bitcoin might enable.

10k doesnt prove Jamie Dimon wrong, it might just prove Dollar is weaker then he expected but then after the failure of a coherent Dollar policy or any ability to resolve long standing debts it cant be a great surprise.  
 Bitcoin has to work harder Im fairly sure if it believes its own hype it will not succeed.

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October 17, 2017, 02:43:39 AM
 #4

there are a lot of people speculating about Bitcoin price,
but what basically they're saying it when it's booming or something happened to the Bitcoin itself.
he just want some attention from Bitcoin holders,users and internets,in reality he do not really care about what will happen to Bitcoin.
just look at his chart and his comment,if i remember it correctly he made a twit after a news created by coindesk that we're hitting new ATH.
i never like someone like him,
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October 17, 2017, 03:34:04 AM
 #5

Jamie Dimon is a Federal banking chief previously, he has strong bias to his view of commerce.   There is such a thing as wisdom of the crowds, they may be correct on price but its harder to prove the case for actual trade growth that bitcoin might enable.
Exactly, Jaime Dimon is just saving his skin. If bitcoin was to become a major sensation and take over everyday money, it wouldn't be good for Jaime Dimon and the banking industry.
As you said, thinking realistically $10k is very easy to achieve but it wouldn't exactly prove Jaime Dimon wrong, as according to him BTC will fail eventually not just yet. And we all know he isn't completely wrong about it if we look at it in a longer run.
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October 17, 2017, 04:41:13 AM
 #6

i hate it when everyone starts speculating about bitcoin when it is rising. they are all silent when price is low or dropping even, and they all become overnight experts as soon as price went up. either call doomsdays or moonsdays!
and people like Jamie Dimon are benefiting from all of this by getting undeserved attention and even manipulates the market using that. i wouldn't be surprised if i learned they have their margin traders ready to go.

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October 17, 2017, 06:13:11 AM
 #7

i hate it when everyone starts speculating about bitcoin when it is rising. they are all silent when price is low or dropping even, and they all become overnight experts as soon as price went up. either call doomsdays or moonsdays!
and people like Jamie Dimon are benefiting from all of this by getting undeserved attention and even manipulates the market using that. i wouldn't be surprised if i learned they have their margin traders ready to go.

Agreed. The Bitcoin price is so manipulated by the media that it is dangerous at times. During the China incident, only bad news articles were coming out. During the recent rise, only good articles came out about btc's all time high. It's very stupid how this entire game works.

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October 17, 2017, 07:33:30 AM
 #8

i hate it when everyone starts speculating about bitcoin when it is rising. they are all silent when price is low or dropping even, and they all become overnight experts as soon as price went up. either call doomsdays or moonsdays!
and people like Jamie Dimon are benefiting from all of this by getting undeserved attention and even manipulates the market using that. i wouldn't be surprised if i learned they have their margin traders ready to go.

Agreed. The Bitcoin price is so manipulated by the media that it is dangerous at times. During the China incident, only bad news articles were coming out. During the recent rise, only good articles came out about btc's all time high. It's very stupid how this entire game works.

If Bitcoin price was manipulated by the media, we already would be down to nothing!!
Fact is, whatever media writes and their experts say, Bitcoin doesn't care!
And whoever listens to CNBC or any other MSM broadcasting channel out there, has learned nothing the last few years, when he already was part of the crypto community. And that would be pretty embarrassing!
My point is: Whatever the media has to say, "Bitcoin up" or "Bitcoin down", "Bitcoin is fraud,used by criminals etc.", I DON'T CARE and do not give it ANY ATTENTION!!!
The people you have to listen to are inside the community, and not outside with barely any understanding how Bitcoin works.
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October 17, 2017, 09:21:22 AM
 #9

i hate it when everyone starts speculating about bitcoin when it is rising. they are all silent when price is low or dropping even, and they all become overnight experts as soon as price went up. either call doomsdays or moonsdays!
and people like Jamie Dimon are benefiting from all of this by getting undeserved attention and even manipulates the market using that. i wouldn't be surprised if i learned they have their margin traders ready to go.
Couldn't have said it better myself. Predictions themselves are pretty vague, you shouldn't sell/buy or hold just because someone from X or Y website told you so, no matter how known they are. There isn't a valid/trusted way to actually predict when the price is going to raise or fall, we can only keep track of important events and be cautious a few days/weeks before and after they happen. (Bitcoin Cash fork for example)

 
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October 17, 2017, 10:06:15 AM
 #10


10k is realistic price but down the years one cannot believe that it can be achieved overnight, this is some tremendous proof that people have decided that it's only Bitcoins that can actually give them the fastest returns, and this is the best thing for Bitcoin. I can't believe that actually 34% have agreed with Jamie, there are more fools like him in this world and that's not surprising, people yet believe what he says, they will feel sorry for themselves later on.
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October 17, 2017, 10:12:07 AM
 #11


Jamie wants to believe that bitcoin is bubble and has no future.Reality can be different than predicitions. I saw some funny photos about Jamie Dimon on twitter regarding his latest speech Grin

Many people are now laughing at Jamie Dimon most especially when he could not really hold himself by breaking his promise not to talk about Bitcoin anymore. He is now the laughingstock even with people who belong to the very industry he is in but who disagree with his assessment on Bitcoin.
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October 17, 2017, 11:31:59 AM
 #12

Those interested in the opinion of a madman? He promised to remain silent but did not fulfill his promise because bitcoin is a very popular topic and it's easy to do PR. I still will bitcoin be worth 10K or not. I chose bitcoin because it brings me income even at current prices.
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October 17, 2017, 11:45:22 AM
 #13

Those interested in the opinion of a madman? He promised to remain silent but did not fulfill his promise because bitcoin is a very popular topic and it's easy to do PR. I still will bitcoin be worth 10K or not. I chose bitcoin because it brings me income even at current prices.

To be fair with Dimon though, he was asked the question about bitcoin, he could have said that I will have no comment about it, but instead he can't resist to attack and bash bitcoin. So no one can deny the fact he is riding the popularity of bitcoin for his PR purposes and he wants to stay relevant in the discussion.

Jamie Dimon is a Federal banking chief previously, he has strong bias to his view of commerce.   There is such a thing as wisdom of the crowds, they may be correct on price but its harder to prove the case for actual trade growth that bitcoin might enable.

10k doesnt prove Jamie Dimon wrong, it might just prove Dollar is weaker then he expected but then after the failure of a coherent Dollar policy or any ability to resolve long standing debts it cant be a great surprise.   
 Bitcoin has to work harder Im fairly sure if it believes its own hype it will not succeed.

Yes, he is a banking boss so of course he will continue to bashed and attacked bitcoin all he wants because their industry is threaten by this technology who is taking the world by storm. 10K is really hittable though, its just a matter of putting faith in the ecosystem and create a lot of possible news that will stir investors to put their cash on the ecosystem.

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October 17, 2017, 03:43:02 PM
 #14

I think it’s beginning to look very obvious now that bitcoin will succeed massively. $10k looks definite, it’s just a matter of when really.

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October 17, 2017, 04:23:59 PM
 #15

Nobody can predict it for sure but for me personally, I believe in bitcoin so I keep hold most of my bits at least until 2020  !
Bitcoin able reach $ 5000 in 7 years which is the greatest investation I've ever seen so reach $ 10.000 it may possible but need more time and not in this year for sure !
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October 17, 2017, 06:57:15 PM
 #16


Jamie Dimon has the support of 34%. That is surprising. Even his daughter doesn’t believe his stance on bitcoin. If the audience had been asked if bitcoin would reach $100,000 a lot of them would have said yes.


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wuvdoll
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October 19, 2017, 07:57:06 AM
 #17

I guess only time will tell who is right or wrong. Hopefully those who said Jamie will be right will end up sucking up their pride and decide to leave Jamie to his fate who obviously is an hypocrite. Any wise person will know anyway that it is just the best time to hold and Jamie is really on the look out for a very good price right now. It is his own bubble that will end up bursting after all.
batang_bitcoin
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October 19, 2017, 08:33:01 AM
 #18


These 34% of people who supported Jamie Dimon should be displayed on who they are. For sure they are the employees of Dimon because he told that if someone says that he's into bitcoin trading they will be fired. So instead of informing the people about bitcoin trading, they are just showing and giving their boss a sympathy on the opposite feeling they have right now. $10,000 is for real wait for it Dimon.  Grin

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adam1230
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October 19, 2017, 08:33:07 AM
 #19

This brings more investor onboard. Good news always impact more then bad news.
Nobody gives attention on bad news but good news impact is really nice.
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October 19, 2017, 08:49:23 AM
Last edit: October 19, 2017, 10:03:31 AM by Seansky
 #20

The survey must be biased, 34% is too much IMO and is surprising because Jamie Dimon's stand somehow is meant to just spread FUD to bring price down. Kim Dotcom's support for sure will somehow help persuade big guns to invest into crypto. Somehow I also expected many people from CNBC audience to agree that btc price will reach 10,000$ since btc itself has shown tremendous growth in this past 7 years. The only question is when will it reach the speculated price? Probably it won't reach the speculated price in the near future.
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