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Author Topic: Bitcoin prophesy has shown up again. Which side would you belong?  (Read 1072 times)
Shenzou
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April 21, 2019, 04:57:50 PM
 #61

With recent surge in Bitcoin above $5000, those prophets and prophetesses has come again to predict. All there predictions in late 2017 and early 2018 that Bitcoin will not rest and gasp for breading until it reaches $80,000 per Bitcoin failed to hold any ground. They have lead millions that are following there channels bankrupt in which they are yet to recover. That is why it is good to always do your own research and follow it strictly, even-though it failed, you will be more satisfied than shifting blames to someone that is directing your decision financially. I have found out that majority most times are always wrong.

Why all these stories, they are silent for over a year and suddenly re-appeared about a week ago. Now, there prophesy is that Bitcoin will re-traced to $4200 before we experience any tangible moves, telling there followers to place a pending order around that range. Personally, I don't agreed with them but have an opinion that they will join to buy in $6300 - $6700 range. Technically, on which side would the shift goes based on your justification.
Time and time again these people who call themselves experts just post some none sense and predictions that serve nothing but miss lead people, there is no telling what the future holds or when the price is going to change  and what these people says should not be taken not even with a grain of salt, whether to buy or sell or just hold is something that should made based on your own analysis and based on your beliefs, and not from people who are pretending to be experts.
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April 21, 2019, 06:10:26 PM
 #62

do not expect too much from them and do not overlook what they say
but usually bitcoin will pump towards the end of the year, we just wait Roll Eyes Grin
Lol, we just have to learn to balance the equation based on what you just advised, the funny thing is that both sideways of BTC is favorable, I support both sideways, I could decide to join them at their $4200 campaign because I will be able to have the chance to buy more and if the movement is that of the other $6200, it also profit me, because my investment would have appreciated by at least $1400.

To round it up, I think I prefer the upward trend, so that we can continue on that trend and keep mobbing close to the ATH, since many of us are all waiting for the bull run, the  higher we get, the closer we are to seeing bull run.
Virtual miner
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April 21, 2019, 06:28:35 PM
 #63

With recent surge in Bitcoin above $5000, those prophets and prophetesses has come again to predict. All there predictions in late 2017 and early 2018 that Bitcoin will not rest and gasp for breading until it reaches $80,000 per Bitcoin failed to hold any ground. They have lead millions that are following there channels bankrupt in which they are yet to recover. That is why it is good to always do your own research and follow it strictly, even-though it failed, you will be more satisfied than shifting blames to someone that is directing your decision financially. I have found out that majority most times are always wrong.

Why all these stories, they are silent for over a year and suddenly re-appeared about a week ago. Now, there prophesy is that Bitcoin will re-traced to $4200 before we experience any tangible moves, telling there followers to place a pending order around that range. Personally, I don't agreed with them but have an opinion that they will join to buy in $6300 - $6700 range. Technically, on which side would the shift goes based on your justification.
It's always better to trust your own analysis than to believe any of the bitcoin prophets & their prophecies. These people just give their blind estimates to fool people around & play with their money. Technical Analysis can never predict movement as big as $80000. Moreover a person who has actually given a statement based on technical analysis would always love to share it to take others opinion for a better understanding & even improving it in whole. So that he can correct the deficiencies.
BitFinnese
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April 21, 2019, 07:15:43 PM
 #64

It's always better to trust your own analysis than to believe any of the bitcoin prophets & their prophecies. These people just give their blind estimates to fool people around & play with their money. Technical Analysis can never predict movement as big as $80000. Moreover a person who has actually given a statement based on technical analysis would always love to share it to take others opinion for a better understanding & even improving it in whole. So that he can correct the deficiencies.

It seems you are advising people to learn TA . Well actually that is a good suggestion and do not forget to know FA too, it is very important. But there are inside intels that is not available to us "outsiders".  Many of these so-called "experts" have a wide range of connection and groups that have the capability to affect the price of Bitcoin.  Aside from their own influence, their connection has their own influence too, so once they conspire, we can see the movement favors their predictions.  
pixie85
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April 21, 2019, 07:44:28 PM
 #65

Time is working for Bitcoin at this point. The longer it stays above 5000 the better. It will keep attacking 5800 until it breaks it and the golden cross that's coming will only strengthen its case. I feel like everything will play out in the coming days. If we get a big dump now it will not be looking good but the charts are saying that we should at least touch 5800 before retesting the lows.

I'm bullish short and long term.
FistBump
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April 21, 2019, 08:05:47 PM
 #66

 I think it's a venture capital. Although my investment experience is not much, I still know that, at present, it is not a good time for BTC to grow strongly. The economic recession has not yet ended and the capital of the crypto market is increasing, this is a suspicious sign.
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April 21, 2019, 10:51:04 PM
 #67

It seems you are advising people to learn TA . Well actually that is a good suggestion and do not forget to know FA too, it is very important.
Fundamental analysis hasn't been worth much for people who look to make a short to medium term trade/investment. Altcoins are perfect examples of how fundamental analysis isn't doing what it should be doing. If altcoins fundamentally suck hard, which the far majority do, they shouldn't increase in value, but they still do.

But there are inside intels that is not available to us "outsiders".  Many of these so-called "experts" have a wide range of connection and groups that have the capability to affect the price of Bitcoin.  Aside from their own influence, their connection has their own influence too, so once they conspire, we can see the movement favors their predictions. 
I doubt most of the "experts" have a wide range of connections, or at least, not connections that are valuable in a market like this, otherwise they wouldn't be wrong so many times, and as we have seen, they have no power over the price in any shape or form. There is not much of a difference between an "expert" such as Mike Novogratz and you. Mike lost almost a hundred million dollars in paper value. If he was such an expert, this wouldn't happen.
voltesbit777
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April 21, 2019, 10:59:19 PM
 #68

After the all time high in 2017, bitcoin has reached its popularity beyond expectation so a lot of new people came in 2018. And that marked the start of what they called "bitcoin experts". Predictions flooded the cryptocurrency community, most of these were good. But, 2018 brought them to the ground with fall of the market. Hoping that lessons already been taught that this is not easy-to-get rich industry. Now, with the slight rise, there's no guarantee yet of the so-called bull run.

Predictions are just predictions.
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April 22, 2019, 12:59:36 AM
 #69

Lol i love the term used ‘Prophecy ‘ sound’ sounds like very miraculous 😂

Buy kidding aside I don’t like exaggerated words to use for speculative prices since some are misleading and mostre impossible,i would prefer believing in lower value but sensible like the value will cross $10,000 before the 2019 ends

After the all time high in 2017, bitcoin has reached its popularity beyond expectation so a lot of new people came in 2018. And that marked the start of what they called "bitcoin experts". Predictions flooded the cryptocurrency community, most of these were good. But, 2018 brought them to the ground with fall of the market. Hoping that lessons already been taught that this is not easy-to-get rich industry. Now, with the slight rise, there's no guarantee yet of the so-called bull run.

Predictions are just predictions.
Even before 2018 lots of Experts has been around and giving their Prophecy to the market,but only the lucky gets closer to the price they predict so nothings new now its just the old are coming back
OrangeSeller
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April 22, 2019, 06:02:21 AM
 #70

If you are a long term holder it does not make any difference where the price is going in the short term what it matters the most is that you are willing to hold even when the price crashes and if you are still holding even now after the huge crash that we suffered then you are already in one of the best positions possible since it is very unlikely that we are going to suffer another crash like the one that we saw at the end of 2017, so the only thing that will make you even more profitable in the future is if you have the cash to buy even more bitcoin while it is still cheap.
Even by seeing prices moving downwards, you hearts shouldn’t melt and shouldn’t shackle. This would hurt your mind and hence, unfortunately, you would take wrong decisions affected through emotional hike. Better is to keep yourself high esteemed and determined. No one ever have had fantastic results by showing lose control, rather be firm on what you are doing. Keep searching and update yourself with the recent.
GregH37
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April 22, 2019, 03:31:22 PM
 #71

Doing your own research and listening to your own speculations will be more useful than listening to others predictions. But if you can look at the market's situation, the speculators said that we should have an entry before when the price was at $4200 was somehow true. I mean, if we leave our order and the price is at $5000 above now. It will somehow give us a big profits if we listened to them. But oh well,  we do not want to listen to them without basis, right?
It is always advised and suggested to speculate in Bitcoin when its value is down. This should be understood because the Bitcoin stays up and down. It is a cycle. There would be recession and revival so I think that the price couple of month ago when it was around $4000 was the ideal price for speculation. Speculating right now would not be bad either but it will definitely make you low money in case of further rise.
I think the thing here is to be ready to take the risk always. Always be ready for whatever the market gives. In this cryptocurrency market anything is likely to happen at anytime, and you either lose your money or you make profit. And if you’re a trader, the same thing also applies to you as a trader, there are risks. All these analysts are mostly wrong, they can’t predict the market, that’s why you will always see that their analysis never works. I can even remember that one of them said that bitcoin will be around $100,000 by 2019, but here we are, still crying over $5000 and not sure what next is going to follow.
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April 23, 2019, 12:39:46 PM
 #72

Lol i love the term used ‘Prophecy ‘ sound’ sounds like very miraculous 😂

Buy kidding aside I don’t like exaggerated words to use for speculative prices since some are misleading and mostre impossible,i would prefer believing in lower value but sensible like the value will cross $10,000 before the 2019 ends
Most of the long term prophecies given that has been accurate are just mere coincidence and it is very much impossible to accurately predict the price BTC for future.

The only prophecy that I know can be accurately given are the ones done for our daily trading, because there are tools available for one to be able predict the price of BTC a day, in which 60 out of 100 of day trader through technical analysis has successfully predicted correctly. Some long term predictions are either done to create FOMO or create FUD, which is not totally bad though, especially the prophecies made to create FOMO buy.
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April 23, 2019, 05:16:51 PM
 #73

We have hear many predictions about the market and some has come to pass and we still expect those by McAfee and others to come to pass.  I strongly believe in cycles as a traders and that is why I do used cycles indicator most time in knowing the state of a coin par time.
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April 23, 2019, 09:00:16 PM
 #74

It's always better to trust your own analysis than to believe any of the bitcoin prophets & their prophecies. These people just give their blind estimates to fool people around & play with their money. Technical Analysis can never predict movement as big as $80000. Moreover a person who has actually given a statement based on technical analysis would always love to share it to take others opinion for a better understanding & even improving it in whole. So that he can correct the deficiencies.

It seems you are advising people to learn TA . Well actually that is a good suggestion and do not forget to know FA too, it is very important. But there are inside intels that is not available to us "outsiders".  Many of these so-called "experts" have a wide range of connection and groups that have the capability to affect the price of Bitcoin.  Aside from their own influence, their connection has their own influence too, so once they conspire, we can see the movement favors their predictions.  
It is true there are many people with influences that have access to information and knowledge that we do not, but we do not really need that knowledge to make some predictions about the future of bitcoin, bitcoin is so good that it is almost inevitable that is going to have success, the governments cannot shut it down and it is one of the best forms of money available and when we take into account its limited nature then the price has almost no option but to go up over the long term.
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April 24, 2019, 08:19:05 PM
 #75

Lolzzz, why should anyone believe them this time around, they weren’t able to predict that bitcoin will rise to $5000. Just now that it has gotten to that rate and they have all crept out from their holes to disturb us with their fake predictions that never works for once. They are always everywhere, even on Twitter and reddit and always predicting rubbish that never works. If you follow their predictions you will always end up making a mistake as per my experiences.
miropp
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April 24, 2019, 10:23:26 PM
 #76

I never trusted any such prophecies. I always try to think for myself. I have a few people to whom I listen, but the final decision anyway is always mine.

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April 24, 2019, 10:47:16 PM
 #77

I never trusted any such prophecies. I always try to think for myself. I have a few people to whom I listen, but the final decision anyway is always mine.
Right.This should always be the attitude of a trader or an investor.We may still listen to those who are in high positions but in the end,we should be able to make our own and final decision.It's fine if we end up committing mistakes in the end because this will give us lessons to be much better the next time around.

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April 24, 2019, 11:24:55 PM
 #78

Those who openly predict the price of Bitcoin in the next couple of months or years are entitled to their own opinion and we have the choice to just ignore their opinion or take it as a fact. If any of you plan to listen to them, take a moment to look at their prediction if it is backed by anything like a study, history, and graphs. If there's none, better ignore and move on.
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April 25, 2019, 01:08:53 AM
 #79

With recent surge in Bitcoin above $5000, those prophets and prophetesses has come again to predict. All there predictions in late 2017 and early 2018 that Bitcoin will not rest and gasp for breading until it reaches $80,000 per Bitcoin failed to hold any ground. They have lead millions that are following there channels bankrupt in which they are yet to recover. That is why it is good to always do your own research and follow it strictly, even-though it failed, you will be more satisfied than shifting blames to someone that is directing your decision financially. I have found out that majority most times are always wrong.

Why all these stories, they are silent for over a year and suddenly re-appeared about a week ago. Now, there prophesy is that Bitcoin will re-traced to $4200 before we experience any tangible moves, telling there followers to place a pending order around that range. Personally, I don't agreed with them but have an opinion that they will join to buy in $6300 - $6700 range. Technically, on which side would the shift goes based on your justification.

I was so desperate with all my losses in 2018 that I needed something to remain positive so I look for predictions and  rely on it. And the result of it was the worst decision of my life. I did find two of them and both of them says btc and some altcoins that they mentioned that will reached new highs when 2019 arrives but none of these came true. Better believe in yourself and don't trust these fake prophets or anything related like its their special talent because you will just loss more.
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April 25, 2019, 03:41:21 AM
 #80

BTCUSD has formed its first bullish golden cross since October 2015 - a sign that we will be seeing new heights soon?
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