Quote from: Betwrong on January 09, 2019, 12:18:12 PM

Quote from: ralle14 on January 09, 2019, 03:40:49 AM

Quote from: greeklogos on January 08, 2019, 09:05:04 PM

Totally right! I remember there were a lot of topics in November about users prediction of bitcoin's price by the end of the year. And it was hard to predict bitcoin's move a month far. All of those analysts and calculations lead us novhere, cause of bitcoin seemed unpredictable.

Even if one of them got it correctly it won't lead us anywhere and it's expected that most of them aren't accurate.
~

That's right, out of many predictions some become true, but it doesn't mean they were made by people who really knew what's going to happen. To me, it's more like a lottery, when someone wins we shouldn't think he/she is an expert who knows how to pick the right numbers. What I find funny is that people saying, Bitcoin market is unpredictable, as if Stock Market is. If it was so no one would be working anymore, but would be only buying the "right stocks" becoming wealthier and wealthier.

Bitcoin is unpredictable because it can't be manipulated. On the contrary, there are many indications of stocks that can show how they are going to move and not only by just looking at historical trends at the charts.
If the CEO of a company decides to close a department then the stock price is going to fall. Do you think the same is going to happen if a node decides to shut down?