Quote from: Kong Hey Pakboy on Today at 02:51:50 AM

Quote from: Fundamentals Of on Today at 02:09:12 AM

But let me remind you that 99.9% of people making predictions are basing their predictions on nothing but wishes and daydreams. There is no math in there.

If we were to make some similarities with bitcoin and stocks, not every predictions are based on nothingness, there is some math and data analytics behind some of them and saying that 99.9% of people making predictions is a farcical claim. Although I am saying that there is a math behind this I am not saying that it is easy to do that, they do complex calculations for that as far as I know.

The number is obviously exaggerated to emphasize a point. I believe that's clear. That's not to be taken literally.

Bitcoin price predictions are found everywhere. I hope there's indeed math behind them. For the majority, I believe there's none. They're not even based on the roughest of analyses. Never mind complex calculations. Even some popular Bitcoin bulls just spit numbers out of thin air.