In my opinion if you are the CEO of an exchange you really shouldn't post any price predictions. Most of the CEOs of traded companies (besides maybe Elon Musk) never post stuff like "Buy AAPL stock, it will go up 20% soon".
There was also Arthur Hayes which is the owner of Bitmex and he makes predictions also from time to time. And from what I remember he was wrong with most of them. I think in early 2018, he predicted BTC would hit $50K, then he predicted it would hit like $2K, and later after it rallied he had some other prediction that I don't recall.
I think when CEOs of exchanges post this stuff its a conflict of interest in my opinion and it can lead to trouble if their predictions arent true and leads to large losses for their customers who follow those predictions.
There was also Arthur Hayes which is the owner of Bitmex and he makes predictions also from time to time. And from what I remember he was wrong with most of them. I think in early 2018, he predicted BTC would hit $50K, then he predicted it would hit like $2K, and later after it rallied he had some other prediction that I don't recall.
I think when CEOs of exchanges post this stuff its a conflict of interest in my opinion and it can lead to trouble if their predictions arent true and leads to large losses for their customers who follow those predictions.
exchanges earn more money when more people trade on their platforms. their predictions do two things, first is that they are advertising their "brand" name to the public for free as every shitty news site just copies their guess and posts it on their website that is getting views every day. and second is that if someone listened to their wrong predictions they would be making more trades (first bad decision followed by their multiple attempts at fixing that mistake) and that means more profit!
We wont know if these words are just simply being tell publicly without any intentions but it does really had some impact.Im not fan on believing to any guesses or predictions
no matter how popular they are theres no such thing as precise one.
