Why do people fall for these "bitcoin gurus"? I don't understand how a single person could actually know what bitcoin will be at in the next few days, weeks, months, etc. It's not based on anything, so you can't make predictions off of whatever is supposed to be backing it.

People spread these kinds of words because they want to manipulate the markets. They either want to gain value on their btc or they want to watch it drop low enough so that they can jump back in. I'm calling BS on this guru guy. No one can know the price.