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Author Topic: The time of seriousness is disappearing  (Read 8266 times)
Slow death (OP)
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July 02, 2019, 09:29:22 AM
 #1

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

 Angry



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)

 Angry



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

 Angry



What next?


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July 02, 2019, 09:52:29 AM
Merited by darklus123 (1)
 #2

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)

 Angry

That's your problem right there. For someone who has been registered since 2016 and is in one of the best and respected signature campaigns, you should've known better to not listen to these so called "analysts" and "experts".

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July 02, 2019, 10:10:09 AM
 #3

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 Cheesy

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July 02, 2019, 11:19:24 AM
 #4

I do not believe for a long time who call themselves analysts. Their forecasts often do not come true than come true. With the same success, I personally can give similar advice to other people, because I will have about the same type of success as those who call themselves analysts. In fact, no one knows what will happen next. Remember, no one will tell you exactly what will happen next with the price. In April of this year, I thought that Bitcoin would fall in the region of 2000-2500 dollars and almost all analysts wrote and said the same thing, but what do we see now? Who of the analyst predicted this in April?

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July 02, 2019, 11:24:05 AM
 #5

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)

 Angry

That's your problem right there. For someone who has been registered since 2016 and is in one of the best and respected signature campaigns, you should've known better to not listen to these so called "analysts" and "experts".

You're wrong, this is not my problem because I do not care what these analysts say, you do not understand, when someone who has never heard about bitcoin enters this market and does research, that person will be confronted with the following situation:

1-) users of a forum that talk about the price; the users of social networks who talk about the price

2-) news channels that post opinions of analysts

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 created this thread to show that the crypto world is walking to ridicule.

- we have a news site that post a photo of a man with a beard and breasts

- we have a time traveler

so I see no reason for some kind of disappointment with the current development.

$13700 to $9800; is looking like the altcoins with their pump and dump

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July 02, 2019, 11:38:29 AM
 #6

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.

R


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July 02, 2019, 12:20:06 PM
 #7

They don’t make prediction just for a big joke, they made that for a purpose and that is to hype the market which whales succeeded. We are seeing the real value of bitcoin now after the hype, its normal for the price to drop as we can see whales are taking profits and small traders or late comers are now crying again. Don’t worry, bitcoin will not go deeper, it will retrace again once the correction is done.
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July 02, 2019, 12:24:35 PM
 #8

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

Imho the surprise comes when the news are not shocking, when they state something clear and normal.
The "school" of news writers tell them that they need "a story" that "attracts". And what attracts more than the exaggerations, no matter how wrong they are?

And yes, as told, do you really still care what those "experts" forecast?

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July 02, 2019, 12:33:23 PM
 #9

$13700 to $9800; is looking like the altcoins with their pump and dump

You should know better how bitcoin is volatile, I do not see anything strange about such oscillations in the price. We have seen it in the past, and it is difficult to expect some stability in the near future because it is obvious that the market can be easily manipulated. There are people who see bitcoin just as a way to make money, and almost $14k was a great opportunity for some profit, most people think "Why should I not sell when I bought at $4k?", and one of those with a lot of coins can move market with only one big dump.

3 months ago price was only $4000, do not forget how this bull run is started.

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July 02, 2019, 01:06:33 PM
 #10

if i wasn't sure that this is the same exact trend as 2015 before, now i am 1000% sure that it is the same exact thing. if you look at the charts you can even see the same movements too. price went up from $150 to $400-$500ish at the time and then as newbies began liking the ever-rising price the "natural correction" occurred and they panic sold causing the big drop.
and as soon as the market was rid of them, we continued rising towards the 2017 ATH.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 02, 2019, 04:15:09 PM
 #11

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.

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July 02, 2019, 04:21:29 PM
 #12

to be fair, those analysts predict everything you can think of and turning things into satire isn't very new with news since it's done to pretty much everything that gets popular. btc in this case is popular kid in the block and everyone else is trying to act like they grew up with that kid.  Cheesy

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July 02, 2019, 04:23:04 PM
 #13

You can't trust the guys whose main objective is to get as much USD to the traders who subscribe to them. They could even be the ones who are selling those BTC while they publish the article telling the price to be $20k in less than a month. Sharp edges on the charts are usually a warning, I'd rather not day trade in BTC but aim for the long term.
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July 02, 2019, 04:25:44 PM
 #14

the only thing that this topic and the links show is yet another proof that news sites are moving with the wind, in whichever direction it is blowing. i have not seen any actual analysis and speculation on any of these sites for many years now. they just publish crap about where price is going with the addition of exaggeration. the quotes are there to make the article look good.

There is a FOMO brewing...
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July 02, 2019, 04:26:36 PM
 #15

We're in the age of memes, though not in the old sense of the word but rather in a funny, nonsensical, almost trivial meaning of it. With the spread of such ideology--or the way of how information should spread, rather--we tend to see a low-level of effort made in spreading information, moreso the lack of factual, important and eye-worthy information from news outlets and journalists where we expect to see more of it. Anyway though, price-centered news/articles are to be expected from analysts knowing that it's easy to lure in views and clicks other than any topic available out there. No matter how far-fetched the price predictions are and no matter how off the charts (literally) are these people saying, they get views and clicks anyway so why bother predicting for the right trend, right?

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July 02, 2019, 04:28:21 PM
 #16

Presumptions may not always be true.  Many people are giving their statements.  some people giving exactly the opposite statement to the statements given by the other people or groups.  So if one group's statement is proven true the other is definitely the false automatically.
So I do not trust such rumors.  
spadormie
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July 02, 2019, 04:31:26 PM
 #17

I don't know what comes to the mind of the eToro analyst. It's like he's just spewing BS on his predictions. He should be posting his TA on this and also the news and upcoming news why he believes it that way. I don't know why he said that bitcoin could reach 20k in no time well in fact, it took almost 9 years for bitcoin to reach its ATH. Within ONE OR TWO WEEKS? Really?




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July 02, 2019, 04:44:15 PM
 #18

They don’t make prediction just for a big joke, they made that for a purpose and that is to hype the market which whales succeeded. We are seeing the real value of bitcoin now after the hype, its normal for the price to drop as we can see whales are taking profits and small traders or late comers are now crying again. Don’t worry, bitcoin will not go deeper, it will retrace again once the correction is done.

These so called analyst probably conspire with whales, so that people will blindly buy BTC without thinking the possibility of correction.  Most new comers thinks that the price trend will continue to go up and the fear of missing out triggers in them buying what these analyst suggests them to do.

Aside from that, I have read lots of exaggeration even during the bear market where they say Bitcoin is dead.. blah blah blah, that triggers those who has weak hands to have a sell out benefitting these whales.  That is the reason why I stop reading any article with an unrealistic title because all we can see on that article's body is lots of nonsense and non-factual guesses.
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July 02, 2019, 04:47:14 PM
 #19

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

 Angry



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)

 Angry



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

 Angry



What next?



i will sum it for everybody the top minds dismiss price movements because to say crypto will die or will not grow its like saying the in of the world come, this tech going to eat everything but everything the future is decentrlized tech mixed with distributed tech... and was predict long ago buy smart people...== holders,,,and analyzer sharp logic mind 0ver come and bend any feeling...traders are the ones that dont dissmiss price movement there where they do money...but they will never retire and most of the dumb and relay on lines on graphs like support and resistant which is huge bullshit washed all the traders, the smart traders they are holders...but they know also where price go by few simple factors...and its not lines on graphs hhhhh how the hell lines will tell you where things is going up???

but people are not learn and not educate them self in several verticals and other important things and to have sharp logic which know to analyze and look to the future not predict it but see it...for example

decentralized tech=before peer to peer file sharing there was centralized tech
cenentralized tech=here computer a and computer b,c,z,f and other around the world was downloading everything from few central servers which was holding mp3,info,software, and so on ....and the governments pretty fast shut down this servers then people create decntralized tech called peer/computer to peer/computer which now they need to shutdown more then 500 million private computers which upload and download between them without central servers

after this explantion we know from where bitcoin come from peer to peer file sharing and all this lead us to that some people new that peer to peer will take over the world its not prediction its will happen,,,the same with peer to peer money....it will take over the world...mixed with distributed tech
its not about to be prophet and its cannot explain more simple some minds know this and that will solve this before it even know to few people not main stream....like file sharing
search on google decentralized vs distributed
Bitcoinqubit
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July 02, 2019, 04:49:35 PM
 #20

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

 Angry



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)

 Angry



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

 Angry



What next?



read it twice and relax....

i will sum it for everybody the top minds dismiss price movements because to say crypto will die or will not grow its like saying the in of the world come, this tech going to eat everything but everything the future is decentrlized tech mixed with distributed tech... and was predict long ago buy smart people...== holders,,,and analyzer sharp logic mind 0ver come and bend any feeling...traders are the ones that dont dissmiss price movement there where they do money...but they will never retire and most of the dumb and relay on lines on graphs like support and resistant which is huge bullshit washed all the traders, the smart traders they are holders...but they know also where price go by few simple factors...and its not lines on graphs hhhhh how the hell lines will tell you where things is going up???

but people are not learn and not educate them self in several verticals and other important things and to have sharp logic which know to analyze and look to the future not predict it but see it...for example

decentralized tech=before peer to peer file sharing there was centralized tech
cenentralized tech=here computer a and computer b,c,z,f and other around the world was downloading everything from few central servers which was holding mp3,info,software, and so on ....and the governments pretty fast shut down this servers then people create decntralized tech called peer/computer to peer/computer which now they need to shutdown more then 500 million private computers which upload and download between them without central servers

after this explantion we know from where bitcoin come from peer to peer file sharing and all this lead us to that some people new that peer to peer will take over the world its not prediction its will happen,,,the same with peer to peer money....it will take over the world...mixed with distributed tech
its not about to be prophet and its cannot explain more simple some minds know this and that will solve this before it even know to few people not main stream....like file sharing
search on google decentralized vs distributed
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