Quote from: cotton ball on November 05, 2019, 02:56:41 PM

Quote from: K_os on October 14, 2019, 12:24:08 AM

Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got a response like I will wait till it comes down. If those people listened 1 year later would have profited well. Now I tell friends .1 BTC I think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

I can't trust with any one else have prediction with bitcoin with higher or lower price, last discussing about anonymous picture prediction with bitcoin price past October raise $16k but bitcoin only have price under $10k. How come you can trust with very miss prediction which bitcoin and altcoin price still down, I think we prediction based on bitcoin news update and how bitcoin chart.

No one does but there are people who would really tend to follow up predictions by just relying on what are the things that do happen in the past.
They are connecting dots and even giving unrealistic numbers on where would prices would go.Market is always been unpredictable thats why
im not really a fan on being too bullish nor being bearish because nothing in future is certain.We cant predict on where prices would go but the important
thing should be bear on mind is that you do know to go along with the flow.