Post
Topic
Board Speculation
Re: Bitcoin won't top $9,000 by year's end, Novogratz says
by
peter0425
on 06/10/2018, 14:37:53 UTC
I doubt this is a good example. These guys are not bagholders. They're speculators, just from the frequency they run off their mouths and spew predictions depending on the ebb and flow of the tide of sentiment. Also, permabulls can still make low guesses anyway, they're perma, not short-termers.

But hell, 9k not possible in the entire three months left we have of the year? What a timid estimate, anyone of us here could have pulled that out of our asses. Might as well have gone daring and say we won't be testing 8k.

Either way, happy to gain more when everyone else wants to sell!
I agree. $9k estimate is still far fetched in my opinion. We even struggled to get past $7k and hold so it likely that he still pushes for a price that it is still good and make money out of it. His more of a media influencer, similar to the mold of John McAfee. Anyways, I'm pretty sure that he will spew more predictions in the coming months and say 'I told you so', if ever that $9k price is reach and every crypto outlet will sensationalized and say's Mike N. is correct again. Lmao.