Do you still believe in predictions of "experts" about the bitcoin price? - page 14.

jademacoy

jr. member

Activity: 224

Merit: 8

Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

Well since there are many experts around the world there are different variations when it comes to their speculations and when it comes to believing i am not 100% would believe on them because we all know that whatever they it is still speculations. Expert or non expert may have their speculations and there are some speculations that comes from non experts but can actually be true. So in short i do not believe on experts speculations.

maicahlove

newbie

Activity: 107

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For me, I somehow believe in some part of their prediction but not totally 100% because as you said it is only their prediction that means it is only a guess or what we call a forecast that is based on previous data collected. But experts have a lot of data that can make their predictions more accurate than a normal bitcoin enthusiast.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

Prediction is a damn misleading so if you wanna lose then trust those people ,but if you love you funds then make your own research and analyzation because thats is your money and if theres someone we must trust,thats our own prediction not from others that has no concern with the money of us so stop listening to them and do you own homeworks

MAJICOIN

full member

Activity: 364

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I believe when experts says any thing about crypto and follow their instructions so i can succeed in life and now they predicted bitcoin and crypto so i think they are right about the crypto market gradually things shows a move and it is true that bitcoin is now fall badly because of many reasons.

googs84

sr. member

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Ahh...let me think! First they said bitcoin would be 50K USD and more by the end of 2017, then when BTC reached 19.5K USD precisely then they said there had been panic seller irony so thats why BTC never risen ahead. Then they predicted surely BTC will rise more than 20K USD by mid year 2018, and some of them do predict that BTC will go some 65K USD and more.

Now you tell me, how can we expect to trust these "Gurus" and "Experts" when they are changing their predictions based on the real time data and not giving true feedback over the prices or market situation. Always die laughing when they predict something and that changes all the time.

adzino

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Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

Well, most of the so called "experts" just blabber some predictions and do some wild guesses. Some just give out random guesses with no facts to back their predictions. Others just use mathematical analysis by reading previous charts/price to give out the future price. But, this is crypto market. Nothing is predictable. You never know what is going to happen. The price might jump or fall without any prior notice.

Faeton

member

Activity: 308

Merit: 11

In my opinion, no one takes seriously such predictions. Predicting the behavior of bitcoin is very difficult, and its price all the more. I remember before raising the price of bitcoin to $ 20,000 in December last year, there were no similar forecasts of its growth, so this growth of bitcoin was unexpected for many. Also, no one can accurately predict what the price of bitcoin will be in December this year.

bocah cilik

newbie

Activity: 56

Merit: 0

I believe in predictions, if the one who says it is an expert, but I only believe 20%, so I just follow and look for other sources of information to place the choices I will make.

Shatterlean22

jr. member

Activity: 350

Merit: 4

I don't believe in experts prediction, this year alone has proven that , they have been so wrong and I don't think that Btc will recover very well this year anymore

Flor1982

full member

Activity: 714

Merit: 100

I still believed as we have few months left before this year will end. I considered to believed of these predictions as they were analyze or guess by most of the famous experts in crypto field but if ever their predictions will not happen as desired before next year then probably i will not believe in prediction anymore as the credibility to predict by these people will reduce too.

AliMan

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Quote from: javadsalehi on September 07, 2018, 07:48:47 PM

If some one is really expert in prediction the market, I will trust him/her. But no one is expert in this market. No one can predict the market. There are some people that are just famous and people think they are expert. But they aren't.

Well there are really some times that we have believe in them since they are the one's who have good knowledge. They are indeed legitimate and can be really trusted. But that doesn't mean that we should be totally based our belief on their prediction. We must be able research and analyze things properly.

Ahimoth

sr. member

Activity: 812

Merit: 250

Quote from: javadsalehi on September 07, 2018, 07:48:47 PM

If some one is really expert in prediction the market, I will trust him/her. But no one is expert in this market. No one can predict the market. There are some people that are just famous and people think they are expert. But they aren't.

Their experiences and expertise were indeed proven and can really be trusted. Well there are some time that I choose to believe in them so that I can have basis. We can trust them since they have enough knowledge about what is going on. But all in all we can't depend on their prediction because that's not a total right.

denzkilim

full member

Activity: 1218

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Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

Even if you trust or never trust someone's predictions it is still the same because you should know that crypto currencies live in a speculative world where anyone can make speculations about its future price or value. Those experts speculate the price based on their own instincts and they are not telling anyone to trust them or believe on what they are telling because crypto currencies are very unpredictable because of its decentralized nature and anything can happen anytime.
Even you, you're also predicting that what experts are telling will not gonna happen based on what you are saying. Grin

moonami

member

Activity: 171

Merit: 37

Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

I don't believe in the predictions of the experts because no one can predict the future of bitcoin price. So I will continue to observe the price of bitcoin and wait for the time to rise.

Maiscoinyelo

member

Activity: 175

Merit: 30

Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

For me, I still believe in the predictions of the experts because they are experts. But I have my own prediction about bitcoin price. But whatever happens, I don't blame the experts if their predictions don't occur.

bitcoinVPSD

full member

Activity: 442

Merit: 101

are not . I do not believe in the predictions of the experts. At present, bitcoin price predictions in 2018 will go up to $ 20000 which is the prediction of the experts and the market situation it does not look like. I now believe in me investment strategy to make more money than to believe in false predictions.

wormgummy019

member

Activity: 328

Merit: 10

Quote from: Gabb on September 07, 2018, 04:55:17 PM

I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

I think there is no problem if you believe in the predictions of the experts about bitcoin price because it is only a prediction. We don't know what really happen in the future in the price of bitcoin.

Rooster101

sr. member

Activity: 826

Merit: 256

Many bitcoin users and traders believes that bitcoin is unpredictable so nobody can predict the exact price of the bitcoin in the future. But it is also difficult for them to stop predicting, forecasting or speculating about the price of the bitcoin or any cryptocurrency because it's been part of the trading. Many experts has their own tools for prediction or speculation but they are not 100% accurate unless they use a time machine which is still not existing. So it better to study the market and the coins instead, monitor it often and create your own strategies for trading.

kr105

hero member

Activity: 938

Merit: 501

A lot of people about crypto just say their predictions about the future. If they're following these people constantly changing their predictions, they eventually hold an true prediction. It is up to us to believe or not to believe. I read a lot of estimates, but i don't believe it.

DenSamui

newbie

Activity: 98

Merit: 0

How can you trust the forecasts? I think that in the crypto currency is not predictable and it is not clear what is being regulated.

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