Why old people are not recommended to invest here? I don't see any relations between age and investing in Bitcoin. On top of that older people tend to have more spare money to invest so I do think it's a good idea for them to invest here.
I guess that he's referring to how older people have fewer years left to live and that they won't be able to benefit from Bitcoin when it eventually peaks.
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In the end, all these entities have been wrong with their predictions, before and after the bull run, so why should we pay attention to any of their current predictions? People with little to no exposure to Bitcoin talking big are nothing more than a bunch of annoying flies. Just like that hyperwave idiot thinking that we will drop below $1000 before we can finally think about a bottom.
He doesn't understand that dropping below $1000 from where we are today isn't something to look forward to, but rather something that we should fear. If we drop to that level something has changed and the demand that we thought was relatively high ends up being hot air. I would buy that dip in an instant, but it's not something I feel comfortable with.
The only thing I can see drag the price down to $1000 is when Tether implodes and suddenly all Tethers are worthless tokens.