Quote from: Kemarit on Today at 10:50:55 PM

Quote from: Blawpaw on Today at 12:53:27 PM

JP Morgan analysts say bitcoin's most probable price outcome is to never hit 100k as it is terribly overpriced. JPMorgan Chase & Co. strategists recently released a report where they mention that Bitcoins's price is overpriced and for it to hit the 100k mark it would need to have volatility decreased. They point out that Bitcoin is now being traded above 60k but the true price for Bitcoin should be $35k.

What do you guys think about this?

Usually this kind of statement is not surprising, and on the contrary, you should hold that the opposite are going to happen here.

Or they just wanted to buy cheap Bitcoin again because they have history of creating FUD or at least jumping on some FUD and then when the market is affected negatively, they are going to buy ton of cheap bitcoin, sell at a a right time to make profit.

If you've been here on this market for years then these kind of sentiment or words wont really be that something new or something that you would be schocked or panic about it.We do have our own opinion on things and since the market isnt something that you couldnt really able to guess upon then
people would make out sentiments which turns out to be nonsense on most part and in bitcoin community we've known that it is running already for a decade and when it comes to criticisms then there are lots of it in the past so dont be surprised everytime you do hear off these kind of words.