Bitcoin Forum
December 09, 2018, 11:15:00 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-04-30]News of Bitcoin (Prediction or Expectation) from ANTHONY CUTHBERTSON  (Read 68 times)
hurry_hore
Member
**
Offline Offline

Activity: 210
Merit: 13

Need Tough Manager? Hire me on Telegram! @Denio17


View Profile
April 29, 2018, 09:32:02 PM
 #1

Hi all,

I just found an article written by ANTHONY CUTHBERTSON, a staff writter of Newsweek, https://twitter.com/ADCuthbertson, I am tingled to read his article of bitcoin as the tittle looks so bombastic. Here is the link of his article: https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-live-gold-value-cryptocurrency-sohn-soros-invest-pfeffer-a8323441.html.
The article tittle: "BITCOIN WILL REPLACE GOLD AND SOAR IN PRICE TO $700,000, SAYS MAJOR INVESTOR". I just read at a glance, but seems this like pump with great media coverage.
I often to think with this article like this whether a prediction or expectation as the words are really different....How do you think?

1544397300
Hero Member
*
Offline Offline

Posts: 1544397300

View Profile Personal Message (Offline)

Ignore
1544397300
Reply with quote  #2

1544397300
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1544397300
Hero Member
*
Offline Offline

Posts: 1544397300

View Profile Personal Message (Offline)

Ignore
1544397300
Reply with quote  #2

1544397300
Report to moderator
1544397300
Hero Member
*
Offline Offline

Posts: 1544397300

View Profile Personal Message (Offline)

Ignore
1544397300
Reply with quote  #2

1544397300
Report to moderator
1544397300
Hero Member
*
Offline Offline

Posts: 1544397300

View Profile Personal Message (Offline)

Ignore
1544397300
Reply with quote  #2

1544397300
Report to moderator
InvoKing
Legendary
*
Offline Offline

Activity: 1246
Merit: 1062


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 29, 2018, 09:40:02 PM
 #2

I think that your topic fits better in the press section so kindly move it there (bottom of the page, left corner, move topic).
Ps. Don't forget to change the title accordingly to rules in the press sub.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
hurry_hore
Member
**
Offline Offline

Activity: 210
Merit: 13

Need Tough Manager? Hire me on Telegram! @Denio17


View Profile
April 29, 2018, 11:06:07 PM
 #3

I think that your topic fits better in the press section so kindly move it there (bottom of the page, left corner, move topic).
Ps. Don't forget to change the title accordingly to rules in the press sub.
Ok thanks for your advice Smiley

Snaic
Full Member
***
Offline Offline

Activity: 490
Merit: 102


THE ENERGY EFFICIENCY PROTOCOL


View Profile
April 30, 2018, 04:58:03 AM
 #4

Hi all,

I just found an article written by ANTHONY CUTHBERTSON, a staff writter of Newsweek, https://twitter.com/ADCuthbertson, I am tingled to read his article of bitcoin as the tittle looks so bombastic. Here is the link of his article: https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-live-gold-value-cryptocurrency-sohn-soros-invest-pfeffer-a8323441.html.
The article tittle: "BITCOIN WILL REPLACE GOLD AND SOAR IN PRICE TO $700,000, SAYS MAJOR INVESTOR". I just read at a glance, but seems this like pump with great media coverage.
I often to think with this article like this whether a prediction or expectation as the words are really different....How do you think?
No matter how this article is evaluated, predicted or awaited by desirable events, it is unlikely that this will ever come to pass. Well, bitcoin can not replace gold. These are absolutely different things by nature. In the world there will be vseravno people who will buy gold. Bitcoin can be used for earnings, however, as a repository of value, it is rather risky and the degree of this risk will increase in proportion to the cost of bitcoin. I also very much doubt that one day bitcoin will reach a price of $ 700,000. This is shown by recent events since December last year. It will be especially unrealistic if bitcoin remains at the same technical and functional level.

Kemarit
Legendary
*
Offline Offline

Activity: 1106
Merit: 1101


View Profile
April 30, 2018, 05:10:37 AM
 #5

Well if bitcoin soar around that ballpark of $700,000, then obviously, it has overtaken Gold by that time. However, to get to that price, it will take a lot of money to get in our ecosystem, the question where are we going to get it? But as far as I know bitcoin already overtaken Gold per ounce isn't it? But I'm not surprised by this kind of prediction because to be honest, we know that Bitcoin is the new Gold. Even today we can consider it a high value investment because the price is already at $9000. Besides I'm totally against comparing both of them, each has its distinct advantage, its up to us investors to make decisions as to where we are going to put our money with.

imsotiredofmoviereboots
Full Member
***
Offline Offline

Activity: 406
Merit: 100



View Profile
April 30, 2018, 07:32:52 AM
 #6

It is merely a prediction. A pure and very wild prediction. Major investors should give realistic statements instead of stories like this because it makes bitcoin's image very ridiculous to other people.

hurry_hore
Member
**
Offline Offline

Activity: 210
Merit: 13

Need Tough Manager? Hire me on Telegram! @Denio17


View Profile
April 30, 2018, 09:52:26 AM
 #7

I personally think perhaps it is an expectations from a big investor, the intention perhaps just to express the desirable/expectation or may be to pump the price. If he is pumping the price, it is too ridiculous disregard he/she is big investors. I just don't understand the writer of global media, Anthony Cuthbertson, write "wild" prediction or an expectation like that. And surely to compare bitcoin with gold is not acceptable for crypto community, it will be better before write the article he do some research to the community and do an exercise.

Lucius
Legendary
*
Offline Offline

Activity: 1260
Merit: 1074


Fortis Fortuna Adiuvat


View Profile WWW
April 30, 2018, 10:27:31 AM
 #8

I personally think perhaps it is an expectations from a big investor, the intention perhaps just to express the desirable/expectation or may be to pump the price. If he is pumping the price, it is too ridiculous disregard he/she is big investors. I just don't understand the writer of global media, Anthony Cuthbertson, write "wild" prediction or an expectation like that. And surely to compare bitcoin with gold is not acceptable for crypto community, it will be better before write the article he do some research to the community and do an exercise.

There is a thread on this topic here.I do not know why are you surprised that some journalist
writes a story like this-most journalists actually live for such stories.He take some of John Pfeffer statements,then mentioned Soros and Bill Miller and he has very low quality article in my opinion.Pfeffer admits that chance that his prediction become true is only 1%,but it seems that's enough for journalistic sensations.

Betwrong
Legendary
*
Offline Offline

Activity: 1316
Merit: 1032



View Profile
April 30, 2018, 12:22:59 PM
 #9

Those countries who have experienced a currency crash recently are full of potential Bitcoin users but unfortunately most people still have no idea about the possibility of investment in BTC. Many of them have heard of it but people tend to perceive negative news ignoring the good ones. Most people still think gold is the best investment although many of us, me included, are trying to elaborate that Bitcoin is better than gold for the last couple of years if not longer. This is very heartwarming that people like John Pfeffer endorse such a positive notion on Bitcoin future.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
1Referee
Legendary
*
Online Online

Activity: 1722
Merit: 1234


View Profile
April 30, 2018, 01:01:22 PM
 #10

Most people still think gold is the best investment although many of us, me included, are trying to elaborate that Bitcoin is better than gold for the last couple of years if not longer.

Most people buying Gold don't really do that with the intention of making profit, but just to avoid seeing the wealth they have been building up in their life become worth less rapidly. It's more a hedge than an actual investment. If people compare profitability fields of Gold and Bitcoin, or basically any other traditional asset, there is obviously nothing that comes even close to that what Bitcoin offers.

Eventually, Bitcoin might become that what Gold is today, so it's not that Bitcoin will always remain as profitable as it is right now. Current Bitcoin increases are nothing more than a reflection of how thin and new this market still is. Gold on the other hand is probably the most liquid market in the world, which grants very large parties the option to either buy billions worth of this precious metal, or unload billions worth of it, and that without the market going nuts.

MoonJeina
Sr. Member
****
Offline Offline

Activity: 655
Merit: 250


Make winning bets on sports with Sportsbet.io!


View Profile
April 30, 2018, 02:06:02 PM
 #11

Bitcoin "might" be a  new Gold is an old thing . Bitcoin "already " is the new gold . So many people are investing in bitcoin and that is making it look like bitcoin will soon surpass gold in terms of everything . Gold and bitcoin cannot be compare because still there are many unaware people who would still care for investing in gold . Other than that , after some years there is a definite possibility that it might cross $700,000 . Thinking optimistic is not that bad though !

   ▄▄██████▄▄
  ████████████
███▄▄
 ██████████████▀▀▀██▄
████████████████   ▀██▄
████████████████     ▀██
██████████████       ██▌
██████████████        ▐██
██▌▀▀██████▀▀         ▐██
▐██                   ██▌
 ██▄                 ▄██
  ▀██▄             ▄██▀
    ▀██▄▄▄     ▄▄▄██▀
      ▀▀█████████▀▀





███████████████████████████
███████████▀▀         ▀▀███
████████▀   ▄▄██▄  ▀█▄  ▀██
██████▀  ▄████████▄  ▀█  ██
████▀  ▄██████▄▀  ██▄    ██
███▀  ██████▄▀  ▄▀████▄  ██
██▀  █████▄▀  ▄▀██████  ▄██
██  ▀███▄▀  ▄▀███████  ▄███
██    ▀██▄▄▀███████▀  ▄████
██  █▄  ▀████████▀  ▄██████
██▄  ▀█▄  ▀██▀▀   ▄████████
███▄▄         ▄▄███████████
███████████████████████████
███████████████████████████
████████▀▀       ▀▀████████
█████▀   ▄ ▀███▀ ▄   ▀█████
████  ▄████▄ ▀ ▄████▄  ████
███  ▄ ▀███▀ ▄ ▀███▀ ▄  ███
██  ▄██ ▀▀ ▄███▄ ▀▀ ██▄  ██
██  █▀ ▄█ ███████ █▄ ▀█  ██
██   ▄███▄ █████ ▄███▄   ██
███  ████▀ ▄▄▄▄▄ ▀████  ███
████  ▀ ▄ ▀█████▀ ▄ ▀  ████
█████▄  ▀▀▄ ███ ▄▀▀  ▄█████
████████▄▄       ▄▄████████
███████████████████████████
████████     INDUSTRY LEADING BITCOIN SPORTSBOOK     ████████
LIVE
STREAMING
DAILY PRICE
BOOSTS
LIVE DEALER
CASINO
FAST & SECURE
PAYMENTS
███████████████████████████
████████▀▀       ▀▀████████
█████▀  ▄█▄  ▀  ▄▄   ▀█████
████  ▄  ▀    ▀█████▄  ████
███  ▀█▀   ▀█▄   ▀▀██▄  ███
██  ▄    █▄  ▀██▄▄  ▀█▄  ██
██  █▀ ▄  ▀█▄  ▀███▄  ▀  ██
██    ▄██  ▀██▄  ▀███▄   ██
███  ▀████  ▀███▄  ▀█▀  ███
████  ▀████  ▀████▄    ████
█████▄   ▀▀█▄  ▀▀▀   ▄█████
████████▄▄       ▄▄████████
███████████████████████████
███████████████████████████
████████▀▀ █████ ▀▀████████
█████▀    ▄█████▄    ▀█████
██████▄▄█▀▀ ▄▄▄ ▀▀█▄▄██████
███▀███▀ ▄███▀███▄ ▀███▀███
██   █ ▄██▀     ▀██▄ █   ██
██   █ ██         ██ █   ██
██   █ ▀██▄▄█ █▄▄██▀ █   ██
███▄███▄ ▀██▄▄▄██▀ ▄███▄███
██████▀▀█▄▄ ▀▀▀ ▄▄█▀▀██████
█████▄    ▀█████▀    ▄█████
████████▄▄ █████ ▄▄████████
███████████████████████████





[.
WIN WITH US!
]
hurry_hore
Member
**
Offline Offline

Activity: 210
Merit: 13

Need Tough Manager? Hire me on Telegram! @Denio17


View Profile
May 01, 2018, 02:58:19 AM
 #12

Yeah there is similarity between bitcoin and gold at least for investment, even the price of bitcoin is very volatile compared to gold. I think it is ok if a journalist write bombastic news, but it will much better to analyze and discuss with related community to get more acceptable result to be written to. To reach bitcoin price reach 700K is still possible but need to provide how and how long as time prediction for better prediction in a whole.

Betwrong
Legendary
*
Offline Offline

Activity: 1316
Merit: 1032



View Profile
May 01, 2018, 09:45:10 AM
 #13

Most people still think gold is the best investment although many of us, me included, are trying to elaborate that Bitcoin is better than gold for the last couple of years if not longer.

Most people buying Gold don't really do that with the intention of making profit, but just to avoid seeing the wealth they have been building up in their life become worth less rapidly. It's more a hedge than an actual investment. If people compare profitability fields of Gold and Bitcoin, or basically any other traditional asset, there is obviously nothing that comes even close to that what Bitcoin offers.

Eventually, Bitcoin might become that what Gold is today, so it's not that Bitcoin will always remain as profitable as it is right now. Current Bitcoin increases are nothing more than a reflection of how thin and new this market still is. Gold on the other hand is probably the most liquid market in the world, which grants very large parties the option to either buy billions worth of this precious metal, or unload billions worth of it, and that without the market going nuts.

But the price of gold isn't stable either. The Gold price chart doesn't look as crazy as that of cryptos, but still the gold price is volatile to an extent. It's just that it manifests itself in a longer period of time. For example, it was 290 USD/oz in January 2002, then it was 1,838 USD/oz in July 2011, and today it is 1,309 USD/oz. Those who invested in gold in July 2011 have lost over 25% of their investment. Just imagine how happy they would be now if they invested in Bitcoin in 2011. Smiley Just look at this quote from an article dated 18 October 2011:

Quote
The value of Bitcoins has dropped dramatically since June 2011 when they peaked at $33: now they are between $1 and $2.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
alex_gr_cc
Jr. Member
*
Offline Offline

Activity: 294
Merit: 1


View Profile WWW
May 01, 2018, 11:18:44 AM
 #14

Most likely, gold will be replaced not by bitcoin, but by other cryptocurrencies, which are tied to gold. More precisely, they will not replace, but tokenize gold.
At the moment, the future of bitcoin questionable, because of its technical backwardness and lack of competent management in its environment.

GigTricks
WORLD FIRST INTEGRATED FREELANCE & ON-DEMAND ECOSYSTEMS
WHITEPAPER | BOUNTY | ANN THREAD
www.gigtricks.io
InvoKing
Legendary
*
Offline Offline

Activity: 1246
Merit: 1062


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 01, 2018, 01:12:19 PM
 #15

Most likely, gold will be replaced not by bitcoin, but by other cryptocurrencies, which are tied to gold. More precisely, they will not replace, but tokenize gold.
At the moment, the future of bitcoin questionable, because of its technical backwardness and lack of competent management in its environment.

Well, this is your assumption, until now Bitcoin proves itself to be the best, the strongest, the most used, and the most fiable among all cryptocurrencies.
It is not about lack of competent management, they may take much time before implementing something new but it is a wise move to protect the actual environment.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!