The time of seriousness is disappearing

[1Referee]

Meh. It doesn't matter whatever so called experts/gurus/analysts, etc, are saying. The only thing that matters is that you prepare yourself for what is going to happen in the coming 12 months. Every person with a few functioning brain cells should understand that we're currently forming the perfect setup to obliterate the $20,000 all time high.

It technically doesn't even matter if you prefer to wait for a dip or a confirmation that the market is breaking past the $14,000 where it was brutally rejected from a few days ago, all because of how paying a few thousand more or less isn't going to make a difference when we're blasting past $100,000 in the forthcoming years. Prepare for a nuclear price explosion.

[thesmallgod]

This is not the first time people will warn crypto traders and investors that they should not believe so much on crypto forecast. Just because crypto went up, we are already hearing and seen many people making predictions here and there that BTC will reach so so amount of price. I am happy the crypto price drop. This will teach many newbie lessons that you should not rely on anyone forecast. Do you own research and do not put more than what you can afford to lose in crypto business. Nobody knows what will happen to the price tomorrow just the way we do not know crypto will reach $12k earlier this year.

[nicecrypto]

I really feel so surfocated to see this type of thread popping out every so often in this forum lately, Really! Everyone in crypto know by now not to take the predictions of this so called crypto Analyst seriously, i wonder what you are angry about, it is a decentralized space, everyone is free to say or do what they like, maybe too much serious and analysis is the cause of market down trend

[Spaffin]

I really feel so surfocated to see this type of thread popping out every so often in this forum lately, Really! Everyone in crypto know by now not to take the predictions of this so called crypto Analyst seriously, i wonder what you are angry about, it is a decentralized space, everyone is free to say or do what they like, maybe too much serious and analysis is the cause of market down trend

Since cryptocurrency users have a certain fear of losing their funds, they always react inadequately to the statements of many analysts.  I fully agree with you that you first need to learn how to do analysis of the cryptocurrency market and determine certain predictions yourself, and not believe the words that are not always true.

[NathanJB]

I really feel so surfocated to see this type of thread popping out every so often in this forum lately, Really! Everyone in crypto know by now not to take the predictions of this so called crypto Analyst seriously, i wonder what you are angry about, it is a decentralized space, everyone is free to say or do what they like, maybe too much serious and analysis is the cause of market down trend

Since cryptocurrency users have a certain fear of losing their funds, they always react inadequately to the statements of many analysts.  I fully agree with you that you first need to learn how to do analysis of the cryptocurrency market and determine certain predictions yourself, and not believe the words that are not always true.

Every analysis here in the crypto universe is as good as yours and mine. We all have our own way of seeing things, of how things could turn in the next hours and days and months, of how it is being influenced by so many factors, and so on. At the end of the day, as I have said, our analysis, our guesses, are as possible as yours and mine. And then we are suddenly surprised by reality!

[btc_angela]

So the price exceeded $11k now, so what's next? do those so called experts will change their story to fit their narrative? I wouldn't bother, we have been in this game for so long to understand and learn to read between the lines.

[squatter]

Do you think this new person will hear people from the forum or will listen to analysts' opinions?

the answer is easy: the person will hear the opinion of the analysts, because for any new person (including myself at 2 years ago) heard the opinion of analysts.

I don't think most of these analysts are malicious. I think the market is simply unpredictable. No one should assume it can be predicted.

Newbies need to make their own mistakes and learn not to follow other peoples' predictions blindly. This will only happen through experience. This isn't a problem. In markets, people either sink or learn to swim.

[jseverson]

What do you mean by seriousness? I mean, I'm sure you could find a handful of ridiculous news pieces about pretty much every subject. Even time traveler predictions are not new at all: check out John Titor. They're not targeting the Bitcoin market specifically; they're in sports (see: NBA free agency predictions), entertainment (celebrity gossip), science (flat earthers, conspiracy theories, etc.), and everywhere else.

Either way, outside complete censorship, there's nothing we can really do to stop these guys. It's ultimately still up to readers' due diligence if they're going to end up getting swayed by sensationalist clickbait pieces.

[TheUltraElite]

So the price exceeded $11k now, so what's next? do those so called experts will change their story to fit their narrative? I wouldn't bother, we have been in this game for so long to understand and learn to read between the lines.

I dont trust any social media or news channel based on crypto niche. They are shady and always promoting things to get paid. Hoenstly they dont have any proper source of income except the traffic that get monetized and affiliate links. Google does not allow such sites to get paid by their ads so thats out of the question. So that they rely on is to get paid media out and thus these site are full of real news to some extent and some fake analytics in order to inflate the daily content count, which would otherwise be empty everyday.

If you want to trade then do your own TA then depending on other people doing it and news channels dont reveal them before the movements start. They do it after, so they have all the time in the world to correct their predictions.

[Dreamchaser21]

So the price exceeded $11k now, so what's next? do those so called experts will change their story to fit their narrative? I wouldn't bother, we have been in this game for so long to understand and learn to read between the lines.

Experts will always make their statement for the sake of their self, and we know that they are just guessing their prediction. Its good that we go back to $11k level, let’s hope and analyze the market well and don’t listen to any prediction. The time to learn is now, we have to know that so no prediction can fool us.

[pooya87]

Do you think this new person will hear people from the forum or will listen to analysts' opinions?

the answer is easy: the person will hear the opinion of the analysts, because for any new person (including myself at 2 years ago) heard the opinion of analysts.

I don't think most of these analysts are malicious. I think the market is simply unpredictable. No one should assume it can be predicted.

Newbies need to make their own mistakes and learn not to follow other peoples' predictions blindly. This will only happen through experience. This isn't a problem. In markets, people either sink or learn to swim.

most of the things we hear on the internet is not even from "analysts" it is either from random people on the internet which the news sites used and made them big while trying to make the whole thing look legit. or it is some people who created a business (usually an investment firm) that is ripping people off and want to advertise their services like this.

[Johnzky]

I suggest you don't listen to only limited experts in the market, if you are bullish,

Right mate because these “experts” has nothing in mind but to benefit from the effect of their predictions

you would appreciate more bullish news and prediction but what I learned in my journey here thus far, experts are wrong most of the time especially when they are giving a very high or very low price prediction.

Being a holder better not to listen to their words but believe in your instincts,because this is our money that we must took care and those experts has theirs to gain also

[ene1980]

days ago an analyst made a very exaggerated price forecast (something that became very common in recent years)... he said this:

BTC could return to its all-time high of $20,000 within one to two weeks, while $50,000 to $100,000 could be achievable by the end of 2019

the guy who said this is @Simon Peters (eToro analyst)
the price is falling a lot and when I see this forecast, I get more angry with those analysts who only make the wrong predictions (their predictions seem like a big joke)

There are many analyst who claim that they can predict any market but the truth is that it is like tossing a coin, sometimes their predictions goes like they say and most of the time the other way, i really do not take any of these analyst or predictions seriously because if they were really accurate in what they predict they will make money doing that instead of preaching it to others  , i have my experience in the market and i have an idea how the market will play out and i trust my instincts and play along and more over i am here for the long run, so the risk factor is reduced since i am not trading with my emotions.

[leea-1334]

Meh. It doesn't matter whatever so called experts/gurus/analysts, etc, are saying. The only thing that matters is that you prepare yourself for what is going to happen in the coming 12 months. Every person with a few functioning brain cells should understand that we're currently forming the perfect setup to obliterate the $20,000 all time high.

It technically doesn't even matter if you prefer to wait for a dip or a confirmation that the market is breaking past the $14,000 where it was brutally rejected from a few days ago, all because of how paying a few thousand more or less isn't going to make a difference when we're blasting past $100,000 in the forthcoming years. Prepare for a nuclear price explosion.

I am confident of the same expectations about 20,000 being obliterated,,, but I will still never say that this is a sure thing,,, nor will I ever try to convince someone that it is a sure thing. I do not have many years in Bitcoin but I know enough and have seen enough myself even with altcoins to understand how fragile the whole system can be. 20k is possible, $20 is also possible.

But you are absolutely correct about the price today not making a difference. It is what it will be in 5 or 10 years that is!

[BitHodler]

The thing with all these predictions is that they are opinions, nothing more. The more people we have in this space, the more predictions there will be because every person has an opinion on what the price will do.

I think the best thing is to filter through these predictions once, then just follow those who make sense and have skin in the game. Don't pay attention to people who are obviously whoring for publicity by riding on Bitcoin's popularity.

I'm sure that things will get worse after the next mania, because we'll dig deeper in mainstream adoption than ever before. The deeper you dig the more average the people become.

[Artemis3]

days ago an analyst made a very exaggerated price forecast (something that became very common in recent years)... he said this:

BTC could return to its all-time high of $20,000 within one to two weeks, while $50,000 to $100,000 could be achievable by the end of 2019

the guy who said this is @Simon Peters (eToro analyst)

the price is falling a lot and when I see this forecast, I get more angry with those analysts who only make the wrong predictions (their predictions seem like a big joke)

week ago I read something very ridiculous, this thing surpasses all the most ridiculous things that I have seen, with the price drop... I remembered this ridiculous thing that I saw a few weeks ago, here is the ridiculous thing:

We have a time traveler.

today is July 2, this means that there have little time for the end of year

I do not believe that someone is able to travel in time and the guy made a very ridiculous prediction
What next?

Are you serious? Even I can be an "eToro" analyst, that's like citing a Reddit or some other social media analyst... Such as McAfee, Ie. worthless. What are you going to do, pay attention to any charlatan that comes about? As they say, a broken clock hits the right time twice a day, so i could random mention a price and hit it.

Bitcoin could someday hit 20k. If you quote me, you have to pay me in bitcoin. Also, no free links back to your page

[Finestream]

Actually the price dropping is predictable, the price already rise without stopping so one day it will got correction, the problem now is how the investors react to this falling, if they keep calm then the price will bounce back again, dont too worry about the price,if the adoption is good then the price will be back really soon

I think there's nothing we can do when the price drops but to keep holding our coins.After all,the price will surely rise up again once positive news affected the market.But if you see the market continues to fall,then it's your choice already to keep on holding your coins and wait for the price to increase again or sell them in a much lower price compared to the price when you bought it.

[Rufsilf]

I suggest you don't listen to only limited experts in the market, if you are bullish, you would appreciate more bullish news and prediction but what I learned in my journey here thus far, experts are wrong most of the time especially when they are giving a very high or very low price prediction.

Right, experts always make predictions here and there and most of the time it didn't come true, don't base your decision in mere predictions without you analyzing it yourself because you might just lose, some predictions may be right but I guess 90% is just bluff so better do your own research and analysis.

[grimico33]

I personally do not care too much for price in the short term or for so-called experts that every day predicts some new price based mostly only on today price. Bitcoin is unpredictable, and it is hard to say what will happen tomorrow - but it is ridiculous to claim that something will happen just like that. Whoever is start last pump to $14k is gave up for some reason, maybe FOMO is not created as it was expected, or they have run out of money.

Reason we not see real FOMO effect is fact that the summer holidays in the northern hemisphere began, people spend money on other things rather than investing in bitcoin. This is wrong time of the year for real bull run and new ATH, but today's price is something most of us expected only at the end of the year, so I see no reason for some kind of disappointment with the current development.

Time traveler is just science fiction, and so far he get lucky with his story as many others who predict bitcoin price from 2013 / 2014. I have nothing against him to be right again, who would mind $100k at the end of this year

Summer is always a time of rest for most people and therefore I agree that it is not the bull market now. Many bears on vacation too Now we are seeing very good growth, with many not expecting such big jumps in the first half of 2019. So the situation is now quite normal on the market. And experts can be any number, as well as their predictions

[Naida_BR]

Today I read this news:

Bitcoin Price Drops Under $10,000 as Downtrend Continues

today the news had something very different, something shocking, I do not know if was intentional, but today the news had this:



look at the photo

 


days ago an analyst made a very exaggerated price forecast (something that became very common in recent years)... he said this:

BTC could return to its all-time high of $20,000 within one to two weeks, while $50,000 to $100,000 could be achievable by the end of 2019

the guy who said this is @Simon Peters (eToro analyst)

the price is falling a lot and when I see this forecast, I get more angry with those analysts who only make the wrong predictions (their predictions seem like a big joke)

 


week ago I read something very ridiculous, this thing surpasses all the most ridiculous things that I have seen, with the price drop... I remembered this ridiculous thing that I saw a few weeks ago, here is the ridiculous thing:

The Bitcoin time-traveler was right since 2013, and predicts $100K for 2019

We have a time traveler.

current price

1 BTC = $10 268,65 USD (-6,99%)

today is July 2, this means that there have little time for the end of year

I do not believe that someone is able to travel in time and the guy made a very ridiculous prediction

 


What next?

I have stopped reading the news.
It feels like they try to pump or dump the price. I think that they got financed by people who want to move the market show they move the market in their own benefits and manipulate investors so that they will get more profits.