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Author Topic: assurance of analysis of Bitcoin experts  (Read 178 times)
tredingaltec
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July 20, 2018, 08:16:11 AM
 #1

I am a beginner in the world of cryptocurrency I see many world economic experts predict the price of Bitcoin and some of them predict that Bitcoin will be worth $ 2,500 dollars Is their analysis we can trust or just for market manipulation
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July 20, 2018, 08:28:00 AM
 #2

just because someone makes a post or a video or something similar online doesn't mean it is an "analysis". there is no experience or knowledge required for making these things, literary anybody with a computer and internet access can publish crap online.
you really have to stop reading nonsense like this. try to learn how the analysis itself works and then analyze the market on your own and try to form your very own opinion.

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July 23, 2018, 07:08:09 AM
 #3

if we look at the previous data onto btc then we can know about their price but the recent conditions are different because most of the coins are infected but BTC have this capabilities to reach this place based on this don't believe on humorous news see data.
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July 23, 2018, 08:18:53 AM
 #4

Anything possible, Satoshi himself expected that the price would be very high and worthless in the future.  ---> source ---> https://bitcointalk.org/adrotate.php?adinfo.
So far, the lowest price is $ 5,500, and with increasing demand, it is difficult to predict that the price may fall further.
No one can tell you what happens in the future, everyone has predictions, so even more experience will not be accurate predictions>.
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July 23, 2018, 08:26:10 AM
 #5

Since you are very new, I will suggest you to study Crypto-space for a long periods of time. You may study it from review sites, Bitcoin Forums, Sites that you like to read but I will suggest you to simply avoid youtube at first, as there are many unusual Vlogs that will make you confused. Rather you make researches from authentic sites that will make you someday an analyst.
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July 23, 2018, 09:27:03 AM
 #6

In the world of cryptocurrency nothing is really certain, everything's quite unpredictable, the prices keep fluctuating from high to low and vice versa every now and then. So, no one's opinion can actually be reliable or trustworthy. However, maket mnipulation influences the market greatly.
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July 23, 2018, 09:58:19 AM
 #7

It's important to draw a distinction between an "economic expert" and a "Bitcoin expert".  Your subject and the first line of your post appear to conflate the two.  The media will always portray them as one and the same, but the reality is completely different.  Any "expert" who is trying to analyse Bitcoin using fiat models probably isn't much of an expert.  Bitcoin was created because fiat has serious problems.  It's a whole different ballgame.  Most of their rules don't apply here because we tore up the rulebook and made a new one.  So everything the experts think they know is wrong.  

And even if they did manage to garner a vague understanding of how Bitcoin worked three or four years ago, that doesn't mean they understand it now.  The situation constantly evolves.  A growing userbase, new features, radical proposals, ideas and innovations in the pipeline - no one knows for sure what the outcome of all this will be.  That's what makes it so interesting.  So if those of us who live and breathe this stuff can't accurately predict the price, these random so-called experts being interviewed by the mainstream media have no hope.

If you see news articles with economists talking crap about Bitcoin, take it with a pinch of salt.  They're not as all-knowing as they like to think.

Plus, anyone who did somehow know what the price is going to be would naturally keep their mouths shut and quietly make a fortune.  They wouldn't blab to anyone who cares to listen.  So it probably is an attempt at manipulation, as you alluded to in the OP.

For me, long term price speculation (despite the fact it's all anyone seems to care about for the most part), is actually the least interesting aspect of all this.  It's just guesswork and opinion.  The technology and societal impacts are far more enthralling.  

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July 23, 2018, 10:17:53 AM
 #8

Such price is not impossible for bitcoin to achieve. In past we have seen the price of bitcoin more than this. So bitcoin has the capability to achieve this. Moreover I will tell you not to hear rumors and talk with the experienced investors of bitcoin regarding this.
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July 23, 2018, 10:37:01 AM
 #9

I am a beginner in the world of cryptocurrency I see many world economic experts predict the price of Bitcoin and some of them predict that Bitcoin will be worth $ 2,500 dollars Is their analysis we can trust or just for market manipulation

I am a market analyst myself but though I am a newbie on this field and I do not have a very complicated understanding on the market but even by just using our common sense we can already tell that such value for bitcoin which is 2500$ is a joke. In this trading playground we have the so-called bearish limit, this limit is the end of drop for bitcoin and it bitcoin goes deeper than that then the whales themselves will go bankrupt and much worst bitcoin will really crash if we went down below the limit. Thus it is impossible for bitcoin to go back to 2500$ since the last bearish limit was at 5000 + $.

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July 23, 2018, 10:41:29 AM
 #10

I am a beginner in the world of cryptocurrency I see many world economic experts predict the price of Bitcoin and some of them predict that Bitcoin will be worth $ 2,500 dollars Is their analysis we can trust or just for market manipulation
You know it can be because we're not certain in the things that are going on on this market so probably bitcoin will be low but nobody can say for sure how much.

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July 23, 2018, 11:02:16 AM
 #11

I think people are entitled to their own analysis and I believe that most of the people who are engaged in bitcoin should also do their own research and not just rely on what was being predicted by some people. For other people doing such assumption, these could be part of the agenda made by the whale manipulators to drag down the price of bitcoin in the market.

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July 23, 2018, 11:04:41 AM
 #12

Instead of going for the word of others, it is better to depend on our own knowledge and findings. Just because it is written somewhere that the prices will go up, doesn't mean it definitely will. It may or may not, given the market is very unpredictable.
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July 23, 2018, 11:09:05 AM
 #13

If you spend enough time in this market you will witness numerous price predictions become just another prediction rather than a reality.

People predict the market based on HOPE just for their publicity.

I mean look at John Mcafee, he was charging 100K $ for a single tweet. After predicting Bitcoin to 1 Mil $ by 2020, I really hope it will become a reality, but who knows the poor bastard might eat his junk on national tv.  Grin
Ava Duvall
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July 23, 2018, 11:12:10 AM
 #14

I am a beginner in the world of cryptocurrency I see many world economic experts predict the price of Bitcoin and some of them predict that Bitcoin will be worth $ 2,500 dollars Is their analysis we can trust or just for market manipulation
anything is possible. many predict the uprise of bitcoin in th near future and in a 5 year span
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July 23, 2018, 11:18:44 AM
 #15

If you spend enough time in this market you will witness numerous price predictions become just another prediction rather than a reality.

People predict the market based on HOPE just for their publicity.

I mean look at John Mcafee, he was charging 100K $ for a single tweet. After predicting Bitcoin to 1 Mil $ by 2020, I really hope it will become a reality, but who knows the poor bastard might eat his junk on national tv.  Grin

that is why you should not read any random person's prediction online no matter how much they are being advertised. they are newbies who pretend to be experts for example McAfee was just advertising himself by making an outrageous bitcoin prediction not because of the price but because of the short time he expected it to happen in. and he was doing it so that he could advertise ICOs and get paid $100k














 

 

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sitnibtc
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July 23, 2018, 11:22:58 AM
 #16

You should not trust anybody that speculates the future value of bitcoin since nobody can predict that. No person can know the future. We can only wait for the future to come and see for ourselves what the value will be.
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July 23, 2018, 11:25:50 AM
 #17

If you want to make money investing in crypto, you must first remember that you should not rely on analysts' predictions or analyzes. Because there are hundreds of analyzes of daily price charts and this analysis is dissimilarity

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July 23, 2018, 12:48:45 PM
 #18

There are many such 'Analysis' on the internet, but sadly, 80% of them are to manipulate you or in favor of the sharks who wants you to lose your money. That's why it is better to analyze and research by yourself. As the saying goes, "If you want something to be done in a perfect manner, do it yourself."
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July 23, 2018, 12:51:14 PM
 #19

when it comes to bitcoin you should only trust your own personal judgement and analysis of the market otherwise what you read online is most of the times pure nonsense written by those who want to spread FUD or have little understanding of the market.
it is not that hard to form a speculative opinion either. you just have to watch the market for some time and see what are the things that makes it move.

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July 23, 2018, 12:59:56 PM
 #20

There will be no assurance of what the value of bitcoin will be even if it did come from any expert analyst out there. We have to face that the reality no one can give us the assurance that bitcoin will be successful or not.
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