Post
Topic
Board Speculation
Re: Road to 100k?
by
Mr.suevie
on 24/05/2024, 03:00:43 UTC
And since 2022 experts were predicting that bitcoin will hit $100k in this season and the way the movement of bitcoin, it might hit the "Road to the $100k" and the end of the year or the first quarter of  next year.

I find appeal to authority to be problematic in any argument.

To me, it seems better to argue why something may or may not be true, instead of generally proclaiming that "it must be true because 'experts' say so."

Sure some folks are smarter than others, and some folks have better logic, but it seems to me that it is likely better to refer to your authority folks specifically or refer to what they said (or might have had said) or substantively back what you are saying rather than proclaiming "experts say."
@mate2237 what JJG said is true. we don't have to rely on experts even as they might be accurate in some focast, yet they make mistakes too. you know sometimes people predict uncertainty hoping it meet to their expectations, somedays it may come into existence and sometimes it may not also come to reality. that should tell us that all are mearly speculations and we shouldn't have it at heart. do you know you can also be an expert? provided you can bring some facts that people will believe that bitcoin will hit the road to $100k. what I want you to know is that btc is unpredictable but yet a volatile asset that is worth investing on. even though the price changes on a regular, yet it is still heading to $100k and above. Bitcoin has grown from less than a cent to $75k ATH in the space of 15 years+, the road to $100k is sure without experts prediction. you don need expert to tell you that bitcoin will hit $100k and above, it may delay but that shouldn't be a discouragement of investing on bitcoin, but to encourage you to accumulate more instead of arguing.


This is wrong @pi-network31419, the current Bitcoin all time high is $73.78k which was reached on 14-03 -2024.
However, @mate the only thing that is certain in the market is volatility hence there is no certainty or guarantee that whatever that is claimed or proclaimed will definitely come to place, Bitcoin is a speculative asset and any one is at liberty to say whatever they like, Bitcoin is designed to moving up and down which has made it more interesting but to what extend can it fly up or down no one can actually be certain about that.

Most of the comments or 99% of the comments here are following JayJuanGee for merit and they are not even contributing any knowledge to him or to the thread. And that is why you can see that they always tag him so he will come and give them merits. Well I will still say that cryptocurrency is all about prediction but though nobody can give the exact price prediction, be an expert or not nobody but the predictions are always very close to the truth.

Well you might be right but Incase you missed out, then I would like to point to your attention to the various and numerous users that JayJuanGee doesn't award his merit to even when quoted and more over what the essence of quoting someone here? I believe to highlight on a particular discussion that you would also like to make contributions on and I believe he only awards the merit to post or reply that are worth his merits.

And again Bitcoin not "crypto" is an asset that is volatility bound and so everyone is open to give their speculations on the movement of the price and no one is perfect in this not even JJG himself but we all give our thought base on what and research we've gather to speculate on the price. And again JJG has probably been here more and has better knowledge on the price movement so it's open discussion.