Quote from: crazy-pilot on July 23, 2021, 09:13:16 PM

Quote from: domoy77 on July 17, 2021, 06:52:10 PM

Quote from: crazy-pilot on July 17, 2021, 06:34:46 PM

What's the use of such predictions. In a month the market may be at the bottom, we have not yet encountered an adequate correction of all this bull run, besides, $ 20,000, what?
You've created a big headline based on nothing. I hope newbies are smart enough to read this topic beyond the first post.

Every prediction will only be useful for a while, because everything that has happened in the market both in the past and at present is not based on predictions but is always based on demand and supply in the market, if there is a lot of demand, then prices will tend to rise and stay in the market good numbers.

Nevertheless, all this can be predicted. For example, if Elon Musk thinks that bitcoin will cost 100,000 by the end of the year, this will be a forecast.
Whether it will increase demand in this way is beyond doubt. But whether his forecast will come true is not at all necessary, as it has already happened thousands of times.

It is not beyond doubt, it is absolutely unrealistic to think that the market will follow any forecast Elon Musk puts out there. If that was the case, why aren't people dead yet? Didn't Buffet and Gates say Bitcoin will kill people and Bitcoin will pop and Bitcoin is bad and regulators will shut it down? All forecasts, which one applied now?

By the way, the $20,000 prediction is going well. We only need a 100,000x from here.