Quote from: yayayo on May 23, 2016, 01:33:38 PM

Quote from: Lauda on May 23, 2016, 12:18:08 AM

Exactly what did you expect with these irrational predictions? The similar story applies for every year and especially the halving. I've heard practically almost every single number between 0 and the moon (possibly even beyond). Even if we assume that each of them is a "Bitcoin expert", that still does not give them any credibility when the price is concerned (economics).

99% agree. However there were some "experts" that at least used statistical extrapolation methods (regression lines) to justify their predictions. But as we all know, past performance is no guarantee of future results...

Quote from: Lauda on May 23, 2016, 12:18:08 AM

Quote from: aso118 on May 22, 2016, 01:35:20 PM

The founder of Mastercoin predicted a big range: $500 to $10,000.

Predicting in such a huge span is pointless.

Not, if the price is below $500 and all you want to know is whether an investment would be profitable or not - provided the prediction is credible.

I think a central question when it comes to predictions is: What are the criteria that define a "Bitcoin expert" (and in what field of the broad phenomenon)? It's my impression that journalists call simply all those people "expert" that had some past media appearance in a Bitcoin context.

ya.ya.yo!

Mastercoin inventor got it right without the 20x multiplier from exchanges it's works out at $10,000 dive that by 20 u get 500, though it will

eventually go much higher