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Author Topic: For real?  (Read 902 times)
Eugenar (OP)
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June 14, 2020, 08:30:05 AM
Merited by KrisAlex18 (2)
 #1

The Analyst predicts that the next bull run will send bitcoin to $150k and Either to $9k and other solid altcoins will make bigger movements as well.

Quote
In a tweet on Thursday, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.


Source: https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k

If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.
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June 14, 2020, 08:33:48 AM
 #2

more like 50k at peak or less
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June 14, 2020, 08:41:18 AM
 #3


Nothing is lost to them even if its not going to happen though. Not any of them will eat their dick live on tv. $150K may even be too huge but they are not the first to have a crystal ball that exaggeratedly speculated that high. If its going to happen then good if not then its fine.  He forgot that once Bitcoin goes bullrun, altcoins are also going to go up especially the ones that shootup the last season.



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June 14, 2020, 09:08:51 AM
 #4

If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.
Oh another fearless forecast coming from out of nowhere Roll Eyes. Don't get me wrong, I'm not against all of this since it brings positive vibes after all. I also do hope the price will go beyond its ATH. But I'm just worrying that many investors, especially the beginners, might depend too much in this prediction and end up broke if ever not happened.

Remember that when it comes to predictions, there's no thing guaranteed. So my advice is to brace yourself at all times because btc's price could be better or worse in the future. Don't make huge expectations.
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June 14, 2020, 09:21:08 AM
Merited by hilariousandco (1)
 #5

Predictions based on nothing without a single argument. I can do that too!  Roll Eyes

It would have been interesting if this person explained what he was basing it on and give a date as well. It's easy not to give one, knowing that sooner or later it will/can happen...
Everybody predicts everything and anything these days. It's worse than the lottery. If you listen to all those analysts you will never do something. Nobody can say if it's "real", that's still just speculation

"it's really good to invest now"
It's good since the beginning. The same kind of people who constantly ask "Is it a good time to invest". Don't spend anything and later say "It costs too much now"

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June 14, 2020, 11:01:13 AM
 #6

Either
Excess of 'i' mate.

If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.
It's a prediction and based from the meaning of it, a prophecy, a forecast. It doesn't mean that it's wrong nor right but it's a guess which can or cannot happen in the future.

But without basis, you shouldn't be quick in judgement to believe it yet remain neutral. An example was during on the early of 2018, a lot of promising predictions were made which said that the end of 2018 will make the price of bitcoin at another all time high.

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June 14, 2020, 11:10:22 AM
 #7

Most "analysts" think that being overly positive about Bitcoin and predicting huge returns is the way to go when building a community on social platforms, this leads to lots of shills with little or no factual evidence to support their predictions. Just as unrealistic FUD is frowned upon, throwing insanely high figures around to try and instill a bullish sentiment is as well.

Investment is a personal risk and you should DYOR before putting your money into any cryptocurrency at any time. The analyst could be giving his price expectations for the next decade while your investment plan is about 6 months. Choose the strategy that best works for you.

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June 14, 2020, 11:17:19 AM
 #8

There are no predictions and predictions that were accurate even before it also said that many spoke like this but the reality of the market is not so supportive with these predictions, if you say investing now I have long been in crypto of course I always see market movements and analysis that I know about how the movement to take advantage, but if only seeing from the tweet of other people I will never listen to it because it can be said only nonsense and has never been proven to occur.

R


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June 14, 2020, 11:18:12 AM
 #9

Most "analysts" think that being overly positive about Bitcoin and predicting huge returns is the way to go when building a community on social platforms, this leads to lots of shills with little or no factual evidence to support their predictions. Just as unrealistic FUD is frowned upon, throwing insanely high figures around to try and instill a bullish sentiment is as well.

Most analyst are just shill, 50% of them have businesses related to bitcoin, while 50% have investments. So this is one strategy that they have been using to create a lot of FOMO, win-win situation for them.

Investment is a personal risk and you should DYOR before putting your money into any cryptocurrency at any time. The analyst could be giving his price expectations for the next decade while your investment plan is about 6 months. Choose the strategy that best works for you.

We can't stress that enough, crypto investment is risky, we have seen those investors in late 2017, irrational buyers who think that bitcoin will go on parabolic rise to $50k, so they bought at the peak price and then we all know that 2018 started the bearish trend, so majority of them get REKT. So we shouldn't listen to this so called experts.
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June 14, 2020, 11:21:09 AM
 #10

when the Bull market comes there will be lots of predictions from people about the price of crypto currencies,
especially Bitcoin, if it's true Bitcoin will go to $ 150,000 of course this will be amazing for us



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June 14, 2020, 11:39:34 AM
 #11

The prediction is more focus on bitcoin and few alts, so I would think that few alts that's going to pump are those who are in big exchanges enjoying a good trading volume, probably the top altcoins in the market listed in https://coinmarketcap.com/.

From $9k to $150k for bitcoin, it's not impossible, bitcoin has proved us wrong many times so we can't doubt on bitcoin.
The fact that we have a limited supply, anything can happen if there will be a significant rise due of demand for whatever reasons, but most probably the FOMO.

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June 14, 2020, 11:40:11 AM
 #12

more like 50k at peak or less

$50,000 is only just over 5 x current price. We’ll do a 10 x before 2022 imo, govs keep printing money, savings interest rates will be going negative, people are going to want a safe haven which will be bitcoin & precious metals. This is going to be like nothing we’ve ever seen before when all the normies pile in.

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June 14, 2020, 11:45:20 AM
 #13

When I checked the tweet, I was like, "sure bitcoin at $150k. whatever. it's just a matter of when, really".

But when he included these:
Quote
$LINK $200
$BNB $500
$VET $1
$XTZ $200

Credibility immediately thrown out the window.

Also, why are we discussing price predictions again even though we completely know(right?) that price predictions doesn't mean crap regardless who made it? Heck, even Satoshi Nakamoto himself could make a price prediction and I'd still be like "whatever".

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June 14, 2020, 12:05:36 PM
 #14

Nothing new.
Analyst here and there.
They all make the same output.

But there are no facts to back it up. Nothing will.
What you can do is just buy and buy until you get to a certain point which is enough at your sight.
If ever it will hit a good number then it's good.
If not, then do the same over again as long as you think it is still cheap.
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June 14, 2020, 12:28:30 PM
 #15


If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.

Does that mean it's only good to invest when there's a random guy who throws a bullish predictions in the internet?
IMO, acquiring Bitcoin gradually since the price was down will eventually make you gain more profit than just buying when there's a lot of bullish news around the crypto space. Besides, this predictions, even TA's aren't guaranteed. The chances is still below 50%.

"If that is true?" Nobody is able to answer that question.

R


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June 14, 2020, 03:56:03 PM
 #16

The Analyst predicts that the next bull run will send bitcoin to $150k and Either to $9k and other solid altcoins will make bigger movements as well.

Quote
In a tweet on Thursday, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.

Source: https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k

If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.
Look, no one really knows how high the price of bitcoin will go up during the next bull run and if they say they do they are lying, we may have our own expectations about it but that is it, for example I think a price between 40k and 50k is way more likely and it could happen during the next five years, could I be wrong? Of course, but the higher the predicted price the more difficult it is to reach it and it will take even longer, so I really do not think we are going to see bitcoin valued at 150k during the next decade.

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June 14, 2020, 05:13:26 PM
 #17


If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.

Does that mean it's only good to invest when there's a random guy who throws a bullish predictions in the internet?
IMO, acquiring Bitcoin gradually since the price was down will eventually make you gain more profit than just buying when there's a lot of bullish news around the crypto space. Besides, this predictions, even TA's aren't guaranteed. The chances is still below 50%.

"If that is true?" Nobody is able to answer that question.

Everyone has their own opinion, hence there is always a freedom to predict or say something unbelievable without any proof or guarantee its on the reader to decide should he believe or not. I'm not saying that it might be true even I thinks that 150k for btc and 9k ether but consider them as an offer, you take it or not its up to you and you as well is stating your own opinion about it. Price prediction has been around and it doesn't stop getting crazier but sometimes it kinda helps for advertising crypto so no matter how stupid a prediction of a random guy is its still a win-win situation for either of you.



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June 14, 2020, 06:58:26 PM
Last edit: June 14, 2020, 07:18:41 PM by palle11
 #18

if it's true Bitcoin will go to $ 150,000 of course this will be amazing for us

Nobody knows if when such time will come and moreover, a bitcoin believer should do well to buy more now. Halving is a big plus to bitcoin to increase in the future. We have seen bitcoin grow and consolidate since inception to be after halving, so nothing wrong to still speculate this way for bitcoin. History has a way it repeats its happening.
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June 14, 2020, 07:39:31 PM
 #19

Many people are giving such predictions and I am watching them. But is this kind of prediction really important? Now if I give a bigger prediction than this, will it also matter? I don't think such people should be followed to see such predictions. If you are a crypto lover and know about crypto then know the meaning of this tweet. Now there are many so-called experts whose job is to give their random own predictions, and to influence people in other ways. In fact, if you want to do something good, you have to stay away from such experts.

Because I have followed many such experts and seen their behavior. I have seen many such baseless tweets from them. They never give any kind of analysis, if they don't give any analysis then on what basis do they tweet like this? I think the most important thing is to set your own position, and ignore these so called experts.

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June 14, 2020, 08:21:27 PM
 #20

Dude is pulling numbers out of his ass. Especially the $9,000 ETH - that's just lol.

I highly doubt that such high prices will be reached anytime soon, because crypto now doesn't have the "novel investment/fad" factor. After the 2017 crash almost everyone is aware of crypto, and they have the impression that it is risky and volatile, so they'll be unlikely to jump on this train. The next bull run will be mostly driven by investors who know Bitcoin well, or were looking at it for some time, so it won't be as irrational as the previous rallies.

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