Wysi (OP)
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November 16, 2019, 09:22:05 AM |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
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hello_good_sir
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November 16, 2019, 09:30:07 AM |
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There's still a lot of people who do that, whenever I browse the economics and speculation section, I still do see a lot of "50k soon?" or "BTC to 2 mil next year", with just some extremely stupid estimations that people make, although with the loss of some signature campaigns and other earning options, it definitely does look like this has slowed down.
It's pretty obvious that no one is ever going to be able to predict the price of bitcoin, but people still try and what can you do?
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Tipstar
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November 16, 2019, 09:33:37 AM |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
This happens with every manipulative market. We've seen such happen in stock market for years. Though there are some clear indications in stocks that set the price trend, yet the market sentiment wins over everything. The ones who need to buy coins would root for a price crash and the ones who holds the crypto roots for a bull. I too have converted my balances to USD equivalent and I'm looking for bitcoin to go below 8K to buy more. I hope like every year, the price of bitcoin would hit the low limit in Christmas.
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AB de Royse777
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November 16, 2019, 09:36:14 AM |
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~snip~ then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars,
When Bitcoin price was under a dollar or even a $100 then when someone said bitcoin may reach to $20k, this was unrealistic too. When something has not happen yet is always not real but that does not mean it is not going to happen. Not sure if I am making sense here. Anyway, Bitcoin can reach the $50k mark very soon and possibly after the next halving or in the next few years. It's supply and demand. PS: Those FUD people and those optimistic people are always around us.
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TGD
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November 16, 2019, 09:41:08 AM |
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People learned or just tired of predicting too much, there might still some who did it but mostly predicts a much realistic or closer to what's a today price is. I even see some who just predicts to be in that range to create atleast a short fud or just to open a discussion, while we all know it can achieved somehow a new ATH but predicting dates is impossible since many already knows that there are no real experts when it comes in cryptos volatility. Too many known personalities failed to predict prices, that's maybe why we only see few "experts prediction now"
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Ziskinberg
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November 16, 2019, 10:04:43 AM |
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Usually when there is a significant change on the price movement like a dump or a pump, people will either panic or will get FOMO'd but based on my observation, we will see more posters predicting the price when the market is bullish, especially BTC, it did happened this year when BTC was bullish but its back to its normal again because BTC has been unstable at the moment.
just relax, the right time will come, both those who have honest intention and those people who are just shilling will be active again in the market.
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Darker45
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November 16, 2019, 10:17:34 AM |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
They're probably tired of doing those over and over again, or will they ever grow tired of it? Or perhaps they are away from this forum for a while. But you don't have to badly miss them. They won't be gone forever. You just wait for a significant movement in the prices and you will hear from them again. The last time they flock the thread was when the price fell after the short and quick pump which they attributed to China Xi's statement about blockchain. Well, cryptocurrency or Bitcoin has grown into a speculator's game anyway. People will always be speculating, putting forth theories from all directions. We will never run out of them.
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Bitcoin_bullish
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November 16, 2019, 10:33:50 AM |
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You just need patience. You've seen the chart, it can't go always up. If you own Bitcoin just hold. What is the lowest it can go in your opinion and what is the highest? If you invest you might need to grow some skin and don't listen to any particular commentator.
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kawetsriyanto
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November 16, 2019, 10:36:26 AM |
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~snp~ right now I don't see anyone predicting the price. ~snp~
Spammers will be always there. So, it is quite impossible if you said no one spreads FUDs currently. I assume you just missed some discussions about price predictions or didn't read much on speculation sections. Please, read more and don't conclude it based on just a few days. ~snp~ Does it mean people have learnt no one can predict the price or just waiting for right moment again?
Unpredictable and volatility are the characteristics of crypto or Bitcoin price. In my view, most people must already know about it. Regarding the moment, I think we have halving news and Bakkt, right?
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bitcampaign
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November 16, 2019, 10:47:36 AM |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
I think that's what is called speculation, so not everyone has to announce and share news links, while that is just speculation, bitcoin is not easy to guess, but speculation is usually those who come to this forum mostly from their analytical thoughts and experiences, so just hear it. what they share, this forum upholds freedom as long as it's not beyond the rules just ignore it if you don't like it
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Haunebu
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November 16, 2019, 10:59:40 AM |
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Anyway, Bitcoin can reach the $50k mark very soon and possibly after the next halving or in the next few years. It's supply and demand.
That is unrealistic in my opinion. BTC might reach $25K mark after the halving event which itself is spectacular. It could touch $50K if more countries acknowledge its importance like President Xi in the future. Well, cryptocurrency or Bitcoin has grown into a speculator's game anyway. People will always be speculating, putting forth theories from all directions. We will never run out of them.
Agreed. I observed so many people in this forum who literally don't possess decent amounts of BTC and comment like they literally know everything about it and the tech behind it highlighting the pros or cons.
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dothebeats
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November 16, 2019, 11:14:37 AM |
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They don't disappear but instead simply fade out until the moment comes wherein they can spam their "beliefs" in and post unrealistic things about bitcoin and its price. I'm not a hater nor a fan of any of these type of posts but it gets on my nerves whenever someone posts a lengthy analysis with all the fillers and external sources to support their claim, although in reality none of those will happen in their given time-frame. That's why the Wall Observer thread was created to contain all those type of redundant posts and lengthy off-topic drama that people here have to say but yeah, Speculation sub-forum still is existing so..
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dimonstration
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November 16, 2019, 11:15:56 AM |
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At this time, since the market is in bear and slow progress it will be better to keep our speculation as well TA to ourselves, as our thoughts might influence other to wrong perception and invest amounts they are not able to risk just because we posted something seems believable. Be kind to newbies give some thoughts with realistic source, basis and proofs.
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Lucius
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November 16, 2019, 11:23:28 AM |
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~snip~
It is human nature to act that way, different people respond differently to a price drop or increase, some out of ignorance of how the market works, others with the obvious intent of challenging FOMO or expanding FUD. The reason you don't see it is because you don't look at the proper board, just visit Economy > Economics > Speculation and you will find a large number of topics dealing with speculations. Lately, positive or negative news has had little effect on the price, which is, in a way, proof that it is no longer so easy to manipulate people into selling or buying coins.
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pecson134
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November 16, 2019, 11:39:10 AM |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
Predicition is still subjected to probabilities and any prediction made by anyone is not considered a mistake since anything can happen. You can opted out those people who were obviously just trolling with the price prediction.
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jakelyson
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November 16, 2019, 11:45:51 AM |
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~snip~ then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars,
When Bitcoin price was under a dollar or even a $100 then when someone said bitcoin may reach to $20k, this was unrealistic too. When something has not happen yet is always not real but that does not mean it is not going to happen. This is actually true. Something is ridiculous until someone proved it otherwise. We cannot just dismiss speculations specially if they have some data backing it up. But we cannot also deny that there are extremely ridiculous speculations happening on the speculation board. They are drawing numbers out of thin air.
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jhonjhon
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November 16, 2019, 12:10:51 PM |
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Investors are already smart enough to know what is right and honestly, there still a lot of people posting crazy predictions which sometimes are too good to be true and with people being exposed to this type of new I think most people have learned so much in not letting these predictions affect them and instead they were smart enough to study it themselves and also just waiting for the right moment.
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Casdinyard
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November 16, 2019, 12:55:53 PM |
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Lately, positive or negative news has had little effect on the price, which is, in a way, proof that it is no longer so easy to manipulate people into selling or buying coins.
Hence that's good indication and some aren't those fomo anymore. Some seriously taking each step slowly and of course no one wants their money to just blown out of the thin air. While I really don't see anything negative if people will speculate the price in a higher manner, like it somehow set the perception in a positive way and I don't treat it unrealistically as it could happen in perfect time.
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Coin_trader
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November 16, 2019, 01:00:19 PM |
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Lately, positive or negative news has had little effect on the price, which is, in a way, proof that it is no longer so easy to manipulate people into selling or buying coins.
Hence that's good indication and some aren't those fomo anymore. Some seriously taking each step slowly and of course no one wants their money to just blown out of the thin air. While I really don't see anything negative if people will speculate the price in a higher manner, like it somehow set the perception in a positive way and I don't treat it unrealistically as it could happen in perfect time. The reason behind that is most of the crypto holders right now is not ignorant anymore on news. Before the all time high price, most of the bitcoin holder is just newly enter on crypto which is not fully knowledgeable on what investment they enter. But right now after all the ups and down. We are all aware what will the possible scenario of bitcoin price.
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