Quote from: neonshium on October 06, 2018, 11:43:30 AM

Quote from: cellard on October 04, 2018, 03:24:27 AM

Never forget that Tone Vays also predicted $7500 as best case scenario for a peak last december, needless to say it more than doubled his prediction... so he was off by a long shot.

Simply apply that situation again to the current bear market. We may have already bottomed, and these analysts predicting $5000 to $1300 are the overly pessimistic ones, similar to how they were overly pessimistic during the bull run.

I don't really care, im ready for lower prices may they come, the question is, are fiat bagholders ready to assume this may be the dip and they still own no bitcoin.

that is just the main thing and I have seen for so many reasons that listening to predictions like this over the years have always clouded a lot of people's judgment on what to do and what not to do. What anyone should be bothered about now is to have more money to be able to buy the dips when they come and having more money now to even buy more at this stage that we are in.

Personally, I have never cared either how low the market goes as long as I believe in the future and that is what counts the most. Trying to pick the right price or trying to imagine what the peak would be will only make you limit yourself somehow.

He is already backpeddling a bit by claiming that we may be stuck on the current price ranges for months, which I believe too, the difference is I don't ask 0.1 BTC an hour to people for that. We all know we may be stuck in the current price range or we may dip lower.

But what's funny is, we have BAKKT coming this november, if we get another FOMO and we really high soon his reputation may get really damaged after predicting $7500 as the 2017 top.