Can we trust Bitcoin predictions from big holders?

[Dzwaafu11]

It depends on yourself whether you trust what he says or not, but don't be too quick to swallow what someone else predicts. Do your own analysis and consider whether what he says makes sense or not.

As for me, without his prediction, I still believe that Bitcoin could reach that price by the end of this year, or at least it could reach its ATH of $126k by the end of this year. I don't really care about other people's agendas or not, I just hope for the best for Bitcoin.

Seriously, it’s based on how much you believe in such a person. To me, I don’t think I will believe anyone who is going to predict that Bitcoin will reach some certain amount in some time regardless of how much Bitcoin he is holding.

As for Michael Saylor, I know he is holding a good amount of Bitcoin, but seriously, he is not in that position to know the price. I feel like, as I have already read and believe, there is nobody who knows the exact next price of this currency. I feel like we can just predict but not be sure of it, so I can’t believe his prediction.

[justdimin]

Never trust anyone completely when it comes to your money and never let someone else make your investment decisions because at the end of the day when things go wrong and prices drop it’s you who takes the loss not them they won’t care about how much you lose because they already got what they wanted maybe attention maybe fees or just the satisfaction of being followed.

More importantly, why trust anyone? Like what is the purpose of reading what someone else said and making moves based on that? What gain would you get that you otherwise wouldn't get? Bitcoin is already something that goes up on the long term and has proven that itself and you can check what bitcoin does itself, without needing any other human. So, reading what someone said and making trades or investments based on what they said makes no sense to me and gains you no benefit at all.

Most people make these even with smaller twitter influencers and trust their judgement on some shitcoins, even I have done that even though I said I wouldn't. So believe me, what the others say about anything, means absolutely nothing.

[BABY SHOES]

When you make an investment, don't trust anyone. Always do your own research. Famous figures can manipulate you for their own interests. It's not just about people saying Bitcoin will rise or fall, you should ignore anyone who talks like that about any investment instrument. Just follow your own path. Otherwise, you'll keep blaming others for your bad investment decisions instead of seeing the problem within yourself. No one give away free money.

Big holders are usually easy to make any news that can be manipulated, especially with news that has been published on social media or in articles, this will trigger the reaction of other investors who follow its direction, sometimes I am not sure what they say because they have their own stance on bitcoin and the investments they make.

[michellee]

Don't just believe what others say but verify it by searching for more info. That will prevent you from making a wrong decision. You don't know their agenda by saying that and if you just follow what they said, you can make a mistake that you regret. We need to compare with the other news and search for the truth but that will be difficult because we need time to get the right info. Those predictions will be predictions that we don't know will happen or not. You can analyze by yourself and prepare for anything.

[Adams0001]

Yeah, that is normal if he says that because he wants to sell Bitcoin at the highest price. That will give him the biggest profit that he can make. But seeing what happened to Bitcoin, many people believe that it will just be a matter of time before Bitcoin will hits $150k although no one can know when.

That is just a prediction, same as the other prediction. We don't have to feel anything and just wait and see what will happen. I guess sooner or later, Bitcoin will hit that price and give us a big profit.

Anyone can just come up with is prediction and he can probably be right or wrong because know one can know when the price will change and is always unpredictable, now that the price is not yet reach $150k some can says he can reach next month or next year and I can predict that the price can probably reach next year and that can happen because no one knows when the price will increase. People that are into bitcoin investment for so long, if they predict this what will happen in the next year as a new investor definitely you will believe with them because they are into the system before you join them and anything they said can possibly happen and they can make you get profit. But in real life know one can predict the bitcoin is just for you to invest and set your target and wait for your profit, when the price increases.

[Sammye3]

It is not wise to determine the future price of Bitcoin with speculations from big holders because it's only a way to manipulate the market to their own interest.

No one can accurately predict the future market price of Bitcoin but can only speculate so that shouldn't be taken into consideration but keeping an open mind for all possibilities would be a lot safer for investors.

I would advise it's best to make proper research before investing and not trust everything on the internet as most information can be misleading.

[Rabata]

So yeah, Michael Saylor’s saying Bitcoin could hit $150k by year end, and a lot of people seem to believe it. But come on, the guy holds tons of BTC, of course he’ll be bullish. If the price goes up, he wins big.

The predictions that Michael Saylor shares about Bitcoin are certainly reasonable. Although we cannot guarantee it, there is no problem that the Bitcoin price can go to that level. And earlier, Michael Saylor gave a prediction about Bitcoin for the next 12 years, where it was said that Bitcoin will be 1 million. I think that prediction will definitely be fruitful in the long run. Those who have a large holding of Bitcoin do not invest in Bitcoin for a small profit. If Michael Saylor would try to make a profit by selling Bitcoin, he could make a lot more profit before, but he is steadfast in his goal.

[Dave1]

So yeah, Michael Saylor’s saying Bitcoin could hit $150k by year end, and a lot of people seem to believe it. But come on, the guy holds tons of BTC, of course he’ll be bullish. If the price goes up, he wins big.

The predictions that Michael Saylor shares about Bitcoin are certainly reasonable. Although we cannot guarantee it, there is no problem that the Bitcoin price can go to that level. And earlier, Michael Saylor gave a prediction about Bitcoin for the next 12 years, where it was said that Bitcoin will be 1 million. I think that prediction will definitely be fruitful in the long run. Those who have a large holding of Bitcoin do not invest in Bitcoin for a small profit. If Michael Saylor would try to make a profit by selling Bitcoin, he could make a lot more profit before, but he is steadfast in his goal.

Specially when we hit $125k, I think it's reasonable prediction not just from Saylor, but from the majority of us that it could be done as that is the minimum that we might see in this bull run. But currently, the air of bullishness has change, price hits below $100k multiple times already and we we're just above it.

So I'm not sure if we can really hit $150k in the next 6-7 weeks or at least that is the timeline before the end of the year. That is very short amount of time unless just like when we see before on parabolic rises, there should be a catalyst to make that bull run again.

[Emitdama]

The predictions that Michael Saylor shares about Bitcoin are certainly reasonable. Although we cannot guarantee it, there is no problem that the Bitcoin price can go to that level. And earlier, Michael Saylor gave a prediction about Bitcoin for the next 12 years, where it was said that Bitcoin will be 1 million. I think that prediction will definitely be fruitful in the long run. Those who have a large holding of Bitcoin do not invest in Bitcoin for a small profit. If Michael Saylor would try to make a profit by selling Bitcoin, he could make a lot more profit before, but he is steadfast in his goal.

1 million in 12 years seems reasonable considering the previous growth for 10 years. We can see that mark and that will be a huge achievement for bitcoins but still to be real, 12 years is very long term. Some of us are already running in our 40's and another 12 years will make us cross 50.

If I'm right, even Michael is running in his 60's so his predictions will be for someone who is still in their 20's or 30's and have a lot of time for such long term decisions. As of now, expecting his predictions to come true for this year's end cycle might be reasonable but still seems a bit difficult. This month we should try and cross $115,000 so we can gain momentum in December.

[Olatundespo]

In my opinion Michael Saylor is a prudent Bitcoin investor. Just as it is not right to assume that his price predictions will be 100% accurate, it is also not right to underestimate the foresight of an experienced and farsighted person like him. He has been holding Bitcoin for a long time and practicing with this asset has made him experienced and insightful.

If you think that he said this to positively influence the Bitcoin market, then you are right. Many investors imitate him and if his predictions are considered correct by the majority of investors, then if a large number of holders hold Bitcoin then the possibility of an increase in the price or even $200k cannot be ruled out.

[free-bit.co.in]

1 million in 12 years seems reasonable considering the previous growth for 10 years. We can see that mark and that will be a huge achievement for bitcoins but still to be real, 12 years is very long term. Some of us are already running in our 40's and another 12 years will make us cross 50.

If I'm right, even Michael is running in his 60's so his predictions will be for someone who is still in their 20's or 30's and have a lot of time for such long term decisions. As of now, expecting his predictions to come true for this year's end cycle might be reasonable but still seems a bit difficult. This month we should try and cross $115,000 so we can gain momentum in December.

Are Michael's predictions really reasonable based on theory and calculations, or are they reasonable because that's what we want? I think we find that reasonable because that's what we want to happen, nothing more.

Bitcoin reaching $1 million in the next 12 years is not easy because with a market cap of $2 trillion, a tenfold increase is much harder than when it rose from $10k to $100k while its market cap was only $200 billion. Likewise, the target of $150k by the end of the year is not easy and reasonable as the year is about to end, but bitcoin has not shown any positive signs yet.

[doomloop]

I would say these predictions are meant to hype the markets. Yes, he is a big holder but still I don't see any way how he can predict the markets accurately. He will have the assumptions but not predictions. It is not bad to take this as an assumption to make our own decisions but blindly following this might not be a good move. We should always stay informed and these predictions will make us change our decisions so we should not completely rely on these.

I would not believe him saying that we will touch $150,000 by this year end because already we are seeing some pull back and have less than 2 months now to end this year. I believe we might go sideways and will be somewhere near the same price point by the end of this year.

[martinex]

In my opinion Michael Saylor is a prudent Bitcoin investor. Just as it is not right to assume that his price predictions will be 100% accurate, it is also not right to underestimate the foresight of an experienced and farsighted person like him. He has been holding Bitcoin for a long time and practicing with this asset has made him experienced and insightful.

If you think that he said this to positively influence the Bitcoin market, then you are right. Many investors imitate him and if his predictions are considered correct by the majority of investors, then if a large number of holders hold Bitcoin then the possibility of an increase in the price or even $200k cannot be ruled out.

I'm still optimistic that BTC will head there, but it's currently down slightly due to reduced institutional demand and market participants being slightly tempted by the atmosphere and selling. But that's normal, and there's always a reversal for every sell-off.

Tomorrow might be a slightly crucial moment because there will be special talks on ending the government shutdown. If the outcome matches expectations, I think it will be very bullis for BTC price.

[Renampun]

When you make an investment, don't trust anyone. Always do your own research. Famous figures can manipulate you for their own interests. It's not just about people saying Bitcoin will rise or fall, you should ignore anyone who talks like that about any investment instrument. Just follow your own path. Otherwise, you'll keep blaming others for your bad investment decisions instead of seeing the problem within yourself. No one give away free money.

People who rely too much on what big holders say will only make themselves not have their own investment principles and they will tend to invest with what these big holders do, this will only make them easily trapped in disappointment due to the market moving not in accordance with what these big holders say. making our own decisions is much wiser than following what these big holders say, at least all the investment decisions we make are based on the risks that we have thought about beforehand, so even if the market moves in the opposite direction from what we expected, we will not blame others, and we are more ready to accept it.

[ginsan]

So yeah, Michael Saylor’s saying Bitcoin could hit $150k by year end, and a lot of people seem to believe it. But come on, the guy holds tons of BTC, of course he’ll be bullish. If the price goes up, he wins big.

I’m not saying he’s lying, but you gotta wonder, is this real conviction or just self-interest? Feels like every time big names talk bullish, it’s also good marketing for them.

What do you think, are these predictions meant to inform us, or to hype the market for their own bag?

I suggest not to believe anyone in talking about price predictions, it's all just speculation because there is no guarantee that bitcoin will reach $150k this year or next year, I believe someday that bitcoin will reach a high price, it's with the accumulation stage every year and start to be confident about the future bitcoin market which is getting wider, let alone just $150, $1 million I also believe if it's the future of bitcoin.


Look your own analysis of the bitcoin you are investing in, you will learn much more from each side of the bitcoin market and how the price will increase without having to be like people you will have your own target price after analyzing, so just with the analysis you make, analysis or speculation of others make it a reference.

[Jegileman]

I’m not saying he’s lying, but you gotta wonder, is this real conviction or just self-interest? Feels like every time big names talk bullish, it’s also good marketing for them.

What do you think, are these predictions meant to inform us, or to hype the market for their own bag?

If I was in their shoes with the influence they have in the market, I’ll also hype that Bitcoin will go up. This will really help them to convince people to want to buy more and when there is massive inflow of buys, the market will continue to pump in that direction.

They may be doing it for their own good, but their prediction of the market is not the ultimate direction that the market will follow. They may have little influence in the market because of their influencer status but never you follow the trend of the influencer, they will leave you in delusion after achieving their own target.

There own way of hyping the market is just like an influencer marketing a coin that they’re ambassadors to, they’ll always hype the coin and help sell it out to you to hop in them even when they know that it may not do well in the future. So trust them at your own peril.

[dunfida]

I’m not saying he’s lying, but you gotta wonder, is this real conviction or just self-interest? Feels like every time big names talk bullish, it’s also good marketing for them.

What do you think, are these predictions meant to inform us, or to hype the market for their own bag?

If I was in their shoes with the influence they have in the market, I’ll also hype that Bitcoin will go up. This will really help them to convince people to want to buy more and when there is massive inflow of buys, the market will continue to pump in that direction.

They may be doing it for their own good, but their prediction of the market is not the ultimate direction that the market will follow. They may have little influence in the market because of their influencer status but never you follow the trend of the influencer, they will leave you in delusion after achieving their own target.

There own way of hyping the market is just like an influencer marketing a coin that they’re ambassadors to, they’ll always hype the coin and help sell it out to you to hop in them even when they know that it may not do well in the future. So trust them at your own peril.

That’s the reality of how the market works these days most of the big names who make bold predictions about bitcoin or any other crypto usually have something to gain from it their influence gives them the power to move sentiment and sometimes even price direction when they say bitcoin will explode it’s not always about conviction it’s often about timing building hype and pushing people to buy while they’re already positioned to profit.
It’s easy for influencers and big investors to act like they’re being optimistic for the good of the community but in truth it’s marketing they know their words reach millions and can spark fomo across the market when people rush in the price moves up and they benefit the most either through direct holdings or through exposure linked to projects they promote.

The thing to remember is that even if they sound convincing they don’t control the market bitcoin still moves based on demand liquidity and broader market conditions influencers can spark small waves but not control the tide following them blindly can be dangerous because once they get what they want they go silent and leave others holding the bag.

[IjawMan]

When you make an investment, don't trust anyone. Always do your own research. Famous figures can manipulate you for their own interests. It's not just about people saying Bitcoin will rise or fall, you should ignore anyone who talks like that about any investment instrument. Just follow your own path. Otherwise, you'll keep blaming others for your bad investment decisions instead of seeing the problem within yourself. No one give away free money.

The internet has no free money for any person you must be offering value and making use of your knowledge in order that you can make money.

Doing our own research intrinsically mean injecting your knowledge into action for your own benefit and where you miscarry yourself your failure becomes the profit for another investor who cautiously did his research and made the right investment decision.

IThe famous investors with the big bag hodling in an asset will at all opportunities they have to speak about the asset say positive and optimistic things about it. Listening to them and acting upon their sentiments without independently analysing it can be misleading to the small beginner investor.

[Toro iskandar]

What do you think, are these predictions meant to inform us, or to hype the market for their own bag?

In fact, anyone who has experienced Bitcoin's journey to date will agree that price increases or decreases aren't influenced by just one person, but rather by the trust and distrust of other investors.
This doesn't mean he's hyped about the price increase, but rather that he believes the bull season is still ongoing.
For over a decade, there have been consistent bull and bear seasons, and investors who understand this will certainly speculate on the price based on their predictions, but there's no guarantee that the price will rise as they predict

[Olatundespo]

In my opinion Michael Saylor is a prudent Bitcoin investor. Just as it is not right to assume that his price predictions will be 100% accurate, it is also not right to underestimate the foresight of an experienced and farsighted person like him. He has been holding Bitcoin for a long time and practicing with this asset has made him experienced and insightful.

If you think that he said this to positively influence the Bitcoin market, then you are right. Many investors imitate him and if his predictions are considered correct by the majority of investors, then if a large number of holders hold Bitcoin then the possibility of an increase in the price or even $200k cannot be ruled out.

I'm still optimistic that BTC will head there, but it's currently down slightly due to reduced institutional demand and market participants being slightly tempted by the atmosphere and selling. But that's normal, and there's always a reversal for every sell-off.

Tomorrow might be a slightly crucial moment because there will be special talks on ending the government shutdown. If the outcome matches expectations, I think it will be very bullis for BTC price.

A positive outcome was expected in the US regarding the shutdown and it will be resolved as soon as possible. Trump has announced that he will give $2k to every citizen from the revenue generated by the tax excluding the rich. US Citizens should be happy with his decision.

There is disagreement among experienced investors about the extent to which the shutdown had an impact on the price of Bitcoin, but I think it definitely had a short term impact. But the situation is improving and a bull run will soon begin. Institutional demand for Bitcoin is still intact and Michael Saylor the founder of MicroStrategy one of the world's largest corporate holders is still buying Bitcoin.