How can a conference boost the bitcoin price?I wasn`t even aware, that there`s going to be a Consensus conference.I guess that no important decisions were made about the crypto future,during that meeting.
Tom Lee should move to another job.He is a horrible investment advisor.
Ha, exactly!
On the face of it, I can see some logic in a major conference bringing positive press and therefore new attention and interest to bitcoin as an investment, but for it to happen it requires a lot of additional things to happen.
First, the conference has to be the forum for some incredible new news to be to released.
Second, the mainstream press has to be around to cover the news and highlight it in their publications.
Third, the general public has to care about these new developments...and it has to expand beyond the group of people that are already invested in bitcoin.
Tom Lee can't predict that any of things would happen, therefore his predictions are baseless or, in more technical terms...full of shit.