Quote from: kwukduck on April 27, 2016, 03:09:47 PM

The CEO of Bitcoin told me it would be $1000/btc byt i'm sure he's lying as the system is fundamentally bound to collapse with the halving.

Fact: A few months back, The Chief Prognosticator of KwuckDuck Enterprises told *me that it was guaranteed to fall to $180 within a couple of weeks, and then on downwards to its *real value of $10-$50. I still have bids @180 waiting (not really).

Premise: If anybody *really knew in advance what was going to happen, you can bet they *wouldn't be on here telling the world+dog about it, they would be *using their certain knowledge to their advantage, which they couldnt do if they were shouting it to everyone.

Corollary: Anyone who *is claiming to have certain or high-probability advance knowledge of what is going to happen is very likely lying for their own nefarious reasons (trying to stooge idiots into moving the way they want to them to go) or just talking baseless crap to gratify their ego, or ease their butt-hurtness.

Conclusion: Whenever someone puts large amounts of effort into trying to convince everyone they know for sure whats going to happen (Kwack Kwack), then your best bet (assuming you are dumb enough to take the advice of random internet gurus in the first place), is to do the *opposite of what they advise.

Better still, use your own noggin, and dont include blather you read in a forum called "Speculation" as any even vaguely useful indication of future market movements.