The time of seriousness is disappearing

[1Referee]

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.

Nothing is set in stone, but I just express how I feel about Bitcoin. It's up to the people themselves to do their research and set their targets at whatever price levels they consider reachable. I'm not as conservative as others are, and there is no reason for me to be. I have seen enough from Bitcoin to be comfortable enough saying that $20,000 will happen for sure.

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.

Altcoins have no fundamentals the way Bitcoin has. Years ago I might have agreed with you on $20,000 is possible but $20 too, but not anymore. I'm balls deep in it. I'm extremely confident.

Not saying your view is wrong or something, because being conservative and not too overly bullish does help you remain a bit more neutral overall, but I'm too far gone for that.

[Vinalians]

Well, this is the time where the real investors are getting in the field you know. There are so much in the cryptocurrency you can celebrate not just the value of it. What about the ideas? the products and services that it can made to us right? If you are a real crypto lover even the value goes down you will still stay and can still proudly say that it will increase no matter what if not today then tomorrow and it will never end you know what I mean right.
We can believe on analyst and experts but we should consider that they also speculate what can happen in the future means no one can tell the future until it happens just like in bitcoin. It will go up.

[suzanne5223]

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:

You shouldn't surprised or angry that the price predicted by the analyst in subject failed because whenever the crypto market is in bullish moment what every analyst did is making varieties of mathematically prediction base on the bullish price moment but they ignore the fact that crypto market cannot be predicted like cause slightly market correction will always happen to strength the bullish market before it the year bitcoin halving.

What next?

The next thing to happen is a surge in price but I dont know how long the correction will last.

[Eildosa]

Those who have long been engaged in cryptography, do not listen to various questionable news. They know what to believe and what not to believe. In General, everyone is set up for good news and that the price of bitcoin will grow.

[TheUltraElite]

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.

LOL so called experts are actually money makers who make money with giving false information and then make sure to edit them before any change occurs. People even forget that the fine print declares their words as something that should not be considered as advice but personal opinion. Thing is idiots in this world dont understand this and call them scammers when they lose their money trying to day-trade that advice.

Anyway there is nothing we can do about such analysts, but stop reading their topics on the news. I personally dont even read the news from any such website but watch the market more often. 99% are just paid FUD.

[MonsterV]

Expert prediction? I myself do not believe that because the definition of an expert in my opinion is myself. Many FOMOs reported by experts and those who were victims of FOMO were rabbits. I understand a lot of crypto experts out there, but that doesn't mean we can swallow their information completely. We have our own instincts and strategies, where will the market go next. I myself regret when I have to lose listening to the words of other experts, but I will feel happy if I lose with my own beliefs.

*picture is only sweetener

[FlightyPouch]

I been reading a lot of articles about this too and I am so done with it. The feeling of excitement and dissapointment just succumb me and I don't like that. Instead of that, I just make some movements based on the price changes that is happening. It is not that exciting but atleast I am not getting excited or getting dissappointed.

[ubay]

I am not so worried about the predictions of people, I just do what I believe is that you hold bitcoin as long as possible and take the right moment to sell it. But that is not my main goal, my main goal is to escape the nonsense of money printed by the Country.

[Kiefner]

Not necessary as it is seriously the predictions of others. This is only their subjective opinion and nothing more. It is necessary to remember that the market often behaves not as the majority wants. If everyone is talking about growth, you need to wait for the fall and vice versa. In any case, you should always have an opinion on this matter.

[Kriptonian1661]

If you fellas need seriousness in the market like in the 16/17 Rally, than you have to hire my group. We will bring a lot of newcomers and questions to the Crypto Market.

[Jeremycoin]

...
What next?

What's next? Well, probably another unreliable news article will spread around the net right before you know it. You see, this kind of thing is what they do for living. They do it all the time in order to get people attention to read more news on their website. They will not stop doing it unless they are told to buy their own head of direction (which probably won't happen). If you somehow keep on believing on this whole thing, I think it's gonna be your loss. You should never believe the media.. Hell, you should never believe anyone at all. Make your own decision so that you won't have any other to blame on. Because being a skeptic is better than being an optimist.

[Shenzou]

Most of the time these prediction or analysis don't concern most of the bitcoin users, because most of the know that it has a better long term investment so they are holding it, and the people that trade bitcoin and care about these things know better that to listen to people on the internet and they do their own analysis, and the for the new users who  lack experience and see those predictions than they won't start off with like a million dollar so the price changing and charts and all of these are going to be overwhelming  so this going to be  the least of their problems.

[LogitechMouse]

Even the most professional analysts can go wrong with their prediction so I don't believe or follow their prediction.


What's next?? The news sites will support his prediction by creating their own news regarding this prediction which is for me useless because I don't follow what they are saying although there are times that I read their articles. I think the price of Bitcoin will go sideways in the next few days and finding its support and resistance.

[fiulpro]

As you said
 *it's a prediction* , that too *ridiculous* ;

First thing :
 *There is no such thing as time travel
Secondly :
 * It's a prediction so don't get too serious about it .
Third :
 * It may still reach 20k$ , because actually we do have plenty of time , the price starts to increase in the last months only , so don't give hope if you think it is going to be worth holding a while.

[deisik]

What's next?? The news sites will support his prediction by creating their own news regarding this prediction

Couldn't that play out as a self-fulfilling prophecy?

Really, the 2017 rise came about after many news outlets had started to write about Bitcoin raising common people's awareness of the cryptoworld (and the easy money they could potentially make there). Indeed, things are different today, many people have burned their fingers but they didn't forget and likely have short memories as well because people are inclined to forget bad things and remember good ones (read, their interest in crypto may return provided there is enough noise in the media)

I think the price of Bitcoin will go sideways in the next few days and finding its support and resistance

I don't think that the prices are going to remain stable at these levels for long. But it deserves a topic of its own

[Tylev]

Out of all the people that make predictions that are bound to be some that are always right.  Pay no attention to that bitcoin "time traveler".

I would even suggest not looking at all those predictions because you will have expectations that are too high and won't be grateful for the profit you make.

In the world of cryptocurrency, everything is possible. I also recently was convinced that this year Bitcoin could not even come close to its previous price record of $ 20,000. However, recently I read the information that whales are going to raise the level of Bitcoin capitalization to 80-85 percent this year. At the same time, the price of Bitcoin should increase substantially, as well as launch a chain reaction to further increase its price. This, in principle, does not sound so fantastic. True, I do not know whether Bitcoin will be able to reach the price of one hundred thousand dollars.

[Kakmakr]

Predictions are like turds, everyone can make them.    Some people are very invested in this technology and they deem it necessary to spread FUD like this to get other people hyped up to buy more coins. So when other people buy more coins, the demand increase and with that the price, so their investment increase in value.

So never listen to the predictions made by people who are invested in the technology that they are pushing with these predictions. Analyse the data and the year on year average increase in the price and make up your own mind. 

[TheUltraElite]

I also recently was convinced that this year Bitcoin could not even come close to its previous price record of $ 20,000.

It seems you did not check the price charts of previous years and then come to a conclusion. I suggest you do so and you will see that although the 20k mark was an all-time-high, the rise and fall of bitcoin follows a pattern of flux and deflux. This is happening with every speculative unregulated asset.

However, recently I read the information that whales are going to raise the level of Bitcoin capitalization to 80-85 percent this year. At the same time, the price of Bitcoin should increase substantially, as well as launch a chain reaction to further increase its price. This, in principle, does not sound so fantastic. True, I do not know whether Bitcoin will be able to reach the price of one hundred thousand dollars.

Do not trust what others say. People make decisions of whales like as if they are whales. They are not and thus their words should not be listened or taken with a grain of salt. There is only need of your own research in order to trade. You will soon get the hang of it if you try trading yourself and stop listening to with mass media promotes.

[Spaffin]

Always treated by very serious people and serious predictions with a grin.And it takes seriously the predictors who predict the growth of Bitcoin at $ 100,000, I also do not intend to.All these news and forecasts are made with only one purpose-to attract more investors in bitcoin!

I understand you.  Thanks to such predictions, I lost a lot in 2018.  Probably many professional analysts expressed their desires, and not the real forecast based on the results of the analysis of the cryptocurrency market.  Of course, it is very difficult to predict what is happening today and tomorrow, why to make forecasts that are not confirmed by facts.

[TheUltraElite]

Always treated by very serious people and serious predictions with a grin.And it takes seriously the predictors who predict the growth of Bitcoin at $ 100,000, I also do not intend to.All these news and forecasts are made with only one purpose-to attract more investors in bitcoin!

Do take my advice and stay in your local boards if you English is not legible enough.

Back to topic, when you are predicting about bitcoin price, knowing that it is a speculative asset, then its a known thing that the prediction may or may not comes out to be true. So they have a disclaimer for those who may feel bad about it. Attracting investors in not the right word, rather its attracting FOMO kids to the group and make them lose money when the whales dump. Basically whales control the market.