I wouldn't take too much thought into this prediction. Remember what happened last year?
Everybody assumed BTC would go back to ATH after the tax due date? It rallied for a month and then started heading back down again.
Same for the prediction that it would rally from $6K in Nov-Dec 2018 because its usually when BTC has a bullish move. Instead what happened? The complete opposite and it was a nasty crash. And the crash was nasty due to all the over leverage people who assumed it was the bottom and were wrong and unless you used 1x leverage, you would of been most likely liquidated.
Topic: Bitcoin Price Breakout Scheduled for August, Says Fundstrat’s Tom Lee - page 2. (Read 602 times)
March 25, 2019, 02:24:52 AM
March 25, 2019, 02:04:24 AM
I like Tom Lee as a bitcoin bull but with his predictions, I'm not listening to him. Look at the comments of everyone here who's not impressed anymore with his predictions. We want the market to see its on good condition again and I guess this is just his way to attract the investors back.
Probably he's going to be right this time? or no? hehe. He should stop giving dates on when exactly the bull run will start because he's aware that it's nearly impossible to have that indication that bull run's about to start.
Probably he's going to be right this time? or no? hehe. He should stop giving dates on when exactly the bull run will start because he's aware that it's nearly impossible to have that indication that bull run's about to start.
March 24, 2019, 10:25:16 PM
Seems like its more truthful now because we had already passed $4,000 and looking stability on this range,while Tom Lee is good in predicting yet I don’t take this one seriously because this might be another whale Trap
Im tired of those tricks when i become a victim once with their manipulation strategy.but of August brings us good enough reason then i woll consider buying with my assets on hand
Im tired of those tricks when i become a victim once with their manipulation strategy.but of August brings us good enough reason then i woll consider buying with my assets on hand
March 24, 2019, 06:49:53 PM
Bitcoin Price Breakout Scheduled for August, Says Tom Lee )
He predicted so many false predictions that is last time he will be right once. Even broken clock is right twice a day!
March 24, 2019, 05:01:43 PM
We should start betting against Tom Lee's predictions and make money this way. Some people are not meant to do certain jobs and Tom Lee is like the opposite of an oracle.
Want to bet some money that he'll be wrong again this time? Maybe he's cursed?
Want to bet some money that he'll be wrong again this time? Maybe he's cursed?
March 24, 2019, 04:48:12 PM
Though he has no good image in crypto community yet we don't know if he is raking money behind the scenes because his company is getting well known. Good or bad publicity will make a difference to his company's financial status. And that is the important aspect at the end of the day.
I doubt he is making money, unless he purposely is trying to make himself look like a fool to do the exact opposite behind the scenes.
In the end, I do believe that the reputation of Fundstrat is suffering from this because who's going to take them serious when one of their main characters is wrong each and every time? The worst part for him was when during a CNBC item he was asked why he keeps on doing this to himself and whether or not it's better to stick to the legacy market. Ouch.
Ah well, the good thing about Tom Lee is that we can use him as counter indicator.
March 24, 2019, 02:10:12 PM
my theory is that him (and basically a lot of others like him who have been doing the same thing) are making these statements constantly in the media because they want to increase the publicity of their company.
if you think about it, we probably would have never heard the name "Fundstrat" if he didn't constantly come up in the news with his outrageous guesses in 2018.
others have done the same, like McAfee who obviously used that publicity to make millions from his tweets and his pumps of shitcoins.
They must have been big on their own before their prediction was taking seriously, we have so many analyst out there that there prediction is more outrageous and yet we still don’t get to hear about them, it might not necessarily mean that they do so with the intention of creating awareness for their company but creating awareness as an investor too. He wouldn’t just come out to be predicting a coin if he is not also an investors in it, there are so many mediums he can use to create awareness for his product.if you think about it, we probably would have never heard the name "Fundstrat" if he didn't constantly come up in the news with his outrageous guesses in 2018.
others have done the same, like McAfee who obviously used that publicity to make millions from his tweets and his pumps of shitcoins.
With your John McAfee illustration, you now see that they do so in other to promote whatever coin they also invested in and not because McAfee product was not already known worldwide.
March 23, 2019, 01:16:12 AM
Exactly, Tom's prediction last year was very disastrous to his reputation, and he keep on singing the same tune when everyone, even just a casual traders knows exactly what's going on to the market at that time. At least today, or for this year, he learn from his past mistakes and his prediction seems to be achievable at least this year. I don't know how Fundstat and his clients are doing, and I do hope that his clients are still with him eventhough we're still in the bearish cycle.
my theory is that him (and basically a lot of others like him who have been doing the same thing) are making these statements constantly in the media because they want to increase the publicity of their company.
if you think about it, we probably would have never heard the name "Fundstrat" if he didn't constantly come up in the news with his outrageous guesses in 2018.
others have done the same, like McAfee who obviously used that publicity to make millions from his tweets and his pumps of shitcoins.
I believe that is their main motive why they keep on giving predictions and they enjoy the media attention that they are getting. Though he has no good image in crypto community yet we don't know if he is raking money behind the scenes because his company is getting well known. Good or bad publicity will make a difference to his company's financial status. And that is the important aspect at the end of the day.
March 23, 2019, 01:15:20 AM
Predictions! Predictions! Predictions! Welll anyone can get almost too good to be true prediction and it will be more intriguing if the person predicting it is prominent. At least care about the use case not the price.
March 23, 2019, 01:06:33 AM
at least now his predictions are starting to make more sense compared to what he kept insisting on last year with new ATH and stuff like that!
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
Exactly, Tom's prediction last year was very disastrous to his reputation, and he keep on singing the same tune when everyone, even just a casual traders knows exactly what's going on to the market at that time. At least today, or for this year, he learn from his past mistakes and his prediction seems to be achievable at least this year. I don't know how Fundstat and his clients are doing, and I do hope that his clients are still with him eventhough we're still in the bearish cycle.
my theory is that him (and basically a lot of others like him who have been doing the same thing) are making these statements constantly in the media because they want to increase the publicity of their company.
if you think about it, we probably would have never heard the name "Fundstrat" if he didn't constantly come up in the news with his outrageous guesses in 2018.
others have done the same, like McAfee who obviously used that publicity to make millions from his tweets and his pumps of shitcoins.
March 22, 2019, 11:34:06 PM
Bitcoin Price Breakout Scheduled for August, Says Tom Lee )
He predicted so many false predictions that is last time he will be right once. Even broken clock is right twice a day!
March 22, 2019, 10:14:21 AM
Exactly, Tom's prediction last year was very disastrous to his reputation, and he keep on singing the same tune when everyone, even just a casual traders knows exactly what's going on to the market at that time. At least today, or for this year, he learn from his past mistakes and his prediction seems to be achievable at least this year. I don't know how Fundstat and his clients are doing, and I do hope that his clients are still with him eventhough we're still in the bearish cycle.
Well, there is no harm in trying even if his reputation suffers. But one correct prediction will redeem him from all those disgrace so, why not tell another prediction. Though it is funny how he said not to tell another prediction and yet he is here again predicting something about Bitcoin being bullish, maybe he saw something that we failed to see. Whatever our opinion regarding this prediction, only time can tell if he is right or not.
March 22, 2019, 10:01:42 AM
Bitcoin Price Breakout Scheduled for August, Says Tom Lee )
He predicted so many false predictions that is last time he will be right once. Even broken clock is right twice a day!
March 22, 2019, 09:41:21 AM
I mean, Tom Lee predicted $20,000 for the end or 2018, and failed miserably. It wasn't even anywhere close. If people still think these predictions are anywhere accurate at all, well that's beyond me. Almost everyone pretty much made ridiculous predictions last year.
You can’t blame him mate because he has to answer those who are asking him questions about target prices from time to time and if he doesn’t use his position to influence the market through his predictions, who else will ? There are lots of events that have occurred along the line that one cannot easily predict which has had one or two negative effect on the price.At least in past, before now, predictions has played a major role in the upward trend of market prices, just that a lot of people are tired of following predictions now as many of them has not gotten any right, very soon prediction will lose its relevance in this market just like ICO is already losing.
March 21, 2019, 09:13:20 AM
It is already clear that we are at the button bear and a prediction for bull won't be much of a big news. My worry then is, it is likely to start a bull before August.
March 21, 2019, 08:15:59 AM
at least now his predictions are starting to make more sense compared to what he kept insisting on last year with new ATH and stuff like that!
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
Exactly, Tom's prediction last year was very disastrous to his reputation, and he keep on singing the same tune when everyone, even just a casual traders knows exactly what's going on to the market at that time. At least today, or for this year, he learn from his past mistakes and his prediction seems to be achievable at least this year. I don't know how Fundstat and his clients are doing, and I do hope that his clients are still with him eventhough we're still in the bearish cycle.
March 21, 2019, 05:58:54 AM
i thought he was done making predictions. say it ain't so, tom! 
he's been the best contrarian indicator i've ever seen. i'm hesitant to stay too bearish for too long, but this prognostication from tom lee might have just delayed the bull market until at least december!
he's been the best contrarian indicator i've ever seen. i'm hesitant to stay too bearish for too long, but this prognostication from tom lee might have just delayed the bull market until at least december!
I like Tom Lee better when he is his bullish self, throwing predictions in the air from nowhere. Be careful, however. This time his predictions might be correct. The bear market must end somewhere hehehe.
So, as a fundamental kind of trader then you might see this as a sign for a good position indication.
March 21, 2019, 04:24:52 AM
at least now his predictions are starting to make more sense compared to what he kept insisting on last year with new ATH and stuff like that!
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
the biggest problem that bitcoin is currently facing for its rise is the damage that was inflicted on the investors' confidence because the latest drop that we had (going below $6k) was considered purely manipulative and due to BCash FUD and other kind of attacks on the market value. and to get out of this kind of lack of confidence we first need to see some rises and some time for accumulation. and that is what has been happening these days. if it is kept up we can see $6k within 1-2 months.
March 21, 2019, 03:23:23 AM
I also like Tom Lee's prediction though, obviously he has all the intentions from behind, but in the last couple of his predictions, he seems to be shall we say, his feet is on the ground. He doesn't have that exorbitant predictions as he used to be. He even admitted that there will be no bull-run at the end of his 2018 predictions. But this time, I hope he is right at it seems plausible, at least the way I see it.
March 21, 2019, 02:45:43 AM
i thought he was done making predictions. say it ain't so, tom!
he's been the best contrarian indicator i've ever seen. i'm hesitant to stay too bearish for too long, but this prognostication from tom lee might have just delayed the bull market until at least december!
he's been the best contrarian indicator i've ever seen. i'm hesitant to stay too bearish for too long, but this prognostication from tom lee might have just delayed the bull market until at least december!
I like Tom Lee better when he is his bullish self, throwing predictions in the air from nowhere. Be careful, however. This time his predictions might be correct. The bear market must end somewhere hehehe.
exactly, that's why i don't take this one too seriously. whether we bottomed 3 months ago or it happens later this year, tom lee will be right eventually just like a broken clock. i'm still a long term bull, so i'm betting on him being right eventually.
i just hope for his sake that fundstrat still has some clients by then!
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