cybersofts (OP)
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December 06, 2018, 12:18:27 AM Last edit: December 06, 2018, 01:33:58 AM by cybersofts |
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Hey guys, I just want to ask who is Arthur Hayes and what are his credentials? is he really a smart guy talking from the experience or he's just another John McAfee. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right. I'm curious, we should be focusing on the smarter people, not just some speculators that are trying to make money off the market. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Famp.businessinsider.com%2Fimages%2F5a5886a87101ad3db30caa33-960-480.jpg&t=665&c=VlVfrz5creHMcQ)
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LeGaulois
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December 12, 2018, 05:19:33 PM |
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That's the Co-Founder & CEO of BitMEX.
If all his predictions have been wrong then why do you still wonder if you shall follow him or not? At least he knows the market better than the puppies talking on CNN-CNBC and others media outlets. With predictions, you have 50% chance to be right 50% chance to be wrong, so easy to make right or wrong predictions.
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realcrypto
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December 12, 2018, 05:42:33 PM |
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Arthur Hayes have knowledge of how cryptocurrency market works since He can successfully run cryptocurrency peer2peer exchange. He is no way to be compare with John McAfee. John McAfee is just a cyber security expert, I don't think He have any blockchain related infrastructure.
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dothebeats
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December 12, 2018, 05:59:21 PM |
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CEO of BitMEX IIRC.
If you've been on crypto for far too long, you'll realize that not all noise are necessary. Heck, noise-signal ratio given off by these so-called crypto market analysts is so high that we rarely see a prediction coming right off the bat. If you yourself don't think that Hayes won't give you anything good for your position, why continue listening to him? Researching on your own is way better than listening to some other people after all.
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jimbo2000
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December 12, 2018, 06:53:17 PM |
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Others have already said who is he so I won't answer that.
He's heavily involved in the crypto market obviously because of Bitmex.
He's most probably a very smart man given his success, so is John McAfee, that doesn't mean either of them are good when it comes to predictions.
If he's been wrong more often than not then don't follow his advice.
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Xardasim
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December 12, 2018, 08:07:02 PM |
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Hey guys, I just want to ask who is Arthur Hayes and what are his credentials? is he really a smart guy talking from the experience or he's just another John McAfee. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right. I'm curious, we should be focusing on the smarter people, not just some speculators that are trying to make money off the market.
I am just reading what the experts say so what they say is only possibility for a market that was created 10 years ago. Choose the side that will help you from what they say but it is your decision if you want to apply. I think you should just go on with your own mistakes so that should be a lesson for you.
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figmentofmyass
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December 12, 2018, 08:32:34 PM |
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Hey guys, I just want to ask who is Arthur Hayes and what are his credentials? is he really a smart guy talking from the experience or he's just another John McAfee. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right. I'm curious, we should be focusing on the smarter people, not just some speculators that are trying to make money off the market.
he should have some insight into the market given how large bitmex is---he can see trader commitments, order books/stop losses, account sizes. between running bitmex and being a big twitter influencer, it's no surprise people pay attention to what he says. his call for $50k by the end of 2018 was obviously wrong, but his last bear prediction seems to be working out: he predicted a bearish resolution to the range market and expected $2000 to $3000. not too far off the mark, and there's still plenty of room for more decline.
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davidorentol
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December 12, 2018, 08:45:04 PM |
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He is a one bad monkey
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1Referee
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December 12, 2018, 09:00:02 PM |
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If all his predictions have been wrong then why do you still wonder if you shall follow him or not? At least he knows the market better than the puppies talking on CNN-CNBC and others media outlets. With predictions, you have 50% chance to be right 50% chance to be wrong, so easy to make right or wrong predictions.
If people are thinking logically, he's out to provide you with information that's meant to stirr up the market. One day he'll tell you to go left, the other day you'll be told to go right. He doesn't care what direction you'll follow as long as you place a bet on his platform, and you are more likely to do so during a volatile market. Bitmex settles everything in BTC, so up or down means he still profits in BTC and that's all that matters. If you also take into consideration that the majority of the traders are always wrong, you know how much profit Bitmex is generating on a monthly basis. Their $5 million per year office is a glimpse of their wealth.
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avikz
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December 12, 2018, 09:19:00 PM |
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Hey guys, I just want to ask who is Arthur Hayes and what are his credentials? Few people already told you about his identity and business, so won't repeat that. But creating a business like BitMex is not easy, remember that fact! is he really a smart guy talking from the experience or he's just another John McAfee. We need more people like McAfee in cryptospace to continue making the noise. Let those noises to be loud and clear so that it create lively vibes around the market. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right. I'm curious, we should be focusing on the smarter people, not just some speculators that are trying to make money off the market.
That's why we call it prediction and not fact. Predictions always have higher chance of failing and it's upto you to believe it or not. But to maintain the market activity we need speculators like him who has a decent fanbase and some influences. Doesn't really matter if he is not correctly predicting. What matters is the market activity. Similar way to Mr. McAfee and Arthur, we need more influencers to keep up the lively vibes of the market. No matter what the outcome is, the activity matter! I am sure a day trader will feel the same as me! If you are just an investor, you may have a different feeling about it!
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Baofeng
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December 12, 2018, 10:25:53 PM |
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I don't think that we can Arthur Hayes as another John McAfee. The man has a background in crypto because of the trading platform is running today and that's why he is making a lot of noise because that's his business, he needs to stir a lot of predictions so that his business will continue to flourish (and make more money). Arthur Hayes, might not be hitting his predictions, but who does in this current market situations?
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davis196
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December 13, 2018, 06:28:22 AM |
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Atleast Arthur Hayes stands with his own face.Other cryptocurrency exchange platform CEOs are hiding in the shadows.His predictions might be wrong for you(and the majority of the people).but they are right for him(casue probably he bets against the market price rumors).
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harizen
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December 13, 2018, 05:46:38 PM |
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Hey guys, I just want to ask who is Arthur Hayes and what are his credentials? is he really a smart guy talking from the experience or he's just another John McAfee. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right. I'm curious, we should be focusing on the smarter people, not just some speculators that are trying to make money off the market.
Just a quick Google search the moment you became curious about him will make you have an idea who he is. But anyhow, whatever your view or others about him, at the end of the day, people is freely to decide if they will buy and follow his predictions or not. We are in crypto world so expect that some influencers, popular, artist, big names etc. or even just a passerby will make their predictions. I don't even bother about McAfee's involvement in crypto because of what I said above. Him being talktative, even how bad and sh*t it to others gives crypto an exposure even by little. I feel sorry though for those people who got influenced by him joining some ICO. It's a must that before putting money on it, always do a self research about it. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right.
That's why it called predictions in the first place, same also with speculations. You will never know if it will be right until it happened.
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Lanatsa
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December 13, 2018, 06:45:04 PM |
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When we do talk predictions or speculations then even a simple man would able to express out their own views but for these kind of people gaining up some noise its because they do have position and that man above that hes Co-founder of Bitmex which we know the current standing of Bitmex nowadays then his words might give up some punch but not literally an important one for you to think of.
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cybersofts (OP)
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December 14, 2018, 11:27:57 PM Last edit: December 14, 2018, 11:41:55 PM by cybersofts |
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BrewMaster
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December 15, 2018, 05:22:45 AM |
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like anybody else he too is advertising his own business. the more noise he makes the more people will hear him and find out about his business and because of that the will gain more customers and earn a lot more money.
what these people do is not called prediction, what they do is that they look at the ongoing trend and market sentiment and then throw out a number based on that. for example if we are on the rise and money is coming in they call for $50k. it is not a guess, it is not a speculation nor a prediction and it has nothing to do with knowledge. they just see the trend and go with it. if we are on the drop side they call a low number which is equally worthless.
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There is a FOMO brewing...
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partysaurus
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December 15, 2018, 07:18:57 AM |
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Arthur Hayes have knowledge of how cryptocurrency market works since He can successfully run cryptocurrency peer2peer exchange. He is no way to be compare with John McAfee. John McAfee is just a cyber security expert, I don't think He have any blockchain related infrastructure.
and the thing with john mcafee is that hes a crazy lunatic, batshit crazy
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GregH37
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December 15, 2018, 07:28:56 AM Last edit: December 16, 2018, 03:17:02 AM by GregH37 |
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Hey guys, I just want to ask who is Arthur Hayes and what are his credentials? is he really a smart guy talking from the experience or he's just another John McAfee. I see Mr. Hayes has been making so many predictions over a couple of months and none of them seems to be right. I'm curious, we should be focusing on the smarter people, not just some speculators that are trying to make money off the market.
[i mg]https://amp.businessinsider.com/images/5a5886a87101ad3db30caa33-960-480.jpg[/img]
He is the CEO of bitmex, who else has a better judgement over bitcoin than the dude who owns the exchange that controls a lot of the volume in the market plus the first ever shorting that got famous in crypto world? I mean he may or may not be a smart person or maybe he is not very knowledgeable in crypto markets and he might be wrong in the predictions he make but comparing to other options who else would you listen? People here who are writing topics like "what would happen if bitcoin is 1 dollar overnight?" those people are not to be listened and they are trolls. Arthur Hayes at least is a big major player in crypto market and checks the market trends every single day which means he is involved with the market every single hour of every day. I would say that puts him over many people.
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