Post
Topic
Board Press
Re: [06/11/2018] Bull Call: Novogratz Says Bitcoin Will See Record Highs in 2019
by
xFiber
on 07/11/2018, 16:03:49 UTC
The same applies to Arthur Hayes who constantly comes up with new price forecasts.

But does the same actually apply to Arthur Hayes though? I might be wrong but we mustn't forget that Hayes is running one of the biggest crypto exchanges in the world right now. Therefore he could potentially be pushing his agenda and specifically for Bitmex that would be attracting high volume. Because if bitcoin goes up, he makes money, if the price goes down, he still makes money. For him it's more a matter of maintaining a high level of liquidity. Hayes is a very intelligent man, he's proved that over the past year so I feel like he knows what he's trying to do, in contrast to many others. That's also one of the reasons why I like to take his predictions with a serious grain of salt. 5 months ago (https://www.youtube.com/watch?v=2BRsq9hlBOQ) he was convinced that bitcoin would hit 50,000 USD by the end of the year and all of a sudden his prediction has gone down to 2,000 USD.