Quote from: rby on Today at 06:16:45 PM

Quote from: Fiatless on January 21, 2023, 06:42:12 AM

One unique feature of Bitcoin is that it always put social media acclaimed "experts" to shame. Sometimes these social media bitcoiners claim mastery over bitcoin. They indiscriminately predict its price as if they invented the coin with Satoshi. Even Satoshi now might not understand the price movement of Bitcoin because the creation is now economically powerful.

Through trial and error, some of them might have been predicted correctly in the past. And they have large followers that believe their analysis and follower their predictions. One social media so-called expert recently shut down his social media platform because he predicted that bitcoin would keep falling until it goes into extinction. It was his followers that attacked him until he forcefully closed his page.

Happy bull run.

Because they have social media handles and have good number of followers who believe them, comments and share their messages does not make them bitcoin experts. Those you call experts could be people following other persons on social media, after listening to those they thought have knowledge. After which they use their own handle to speculate for you.
They are so lazy to research on their own, they believe in rumours and create fud in the industry.

Earlier news agencies used to be the source to create fud and now this have been undertaken by the social media people with not much of knowledge about cryptocurrency. This shouldn't be done by these people. Even the real experts find it hard to analyse and understand the ma rket. In this way, ap called social media experts predictions won't happen.