Famous Crypto Person warned of Bitcoin crash in Tweet to Elon Musk

Quidat

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Quote from: wxa7115 on June 11, 2021, 12:38:58 PM

Quote from: magneto on June 06, 2021, 03:01:55 AM

If enough people are making predictions, there is bound to be one that nails it on the head.

That's just how statistics works - it's not some fancy algo that they have that they're peddling for a few bucks that is doing the work. It's luck and to some degree, common sense.

Everyone can see that BTC was on an unsustainable trajectory near the tail end of April, and resistance at $60k was extremely strong.

Don't ever believe in the notion of deterministic predictions - they are just gimmicks that marketers try to get you into believing. Don't fear his bottom predictions either for the same reason.

It is the classic “even a broken clock is right twice a day”, when we have millions of predictions about what the price of bitcoin is going to do during the next weeks, months and years then someone is bound to be right about what is happening just by luck alone.

And this happens everywhere, there are traders out there that believe themselves to be geniuses but that they were just lucky as the number of traders in the markets dictate that even a few winning traders have to appear even if their strategy is not a winning one just by chance alone.

Non surprising that if someone do able to predict the right price on the said specific time then they would call themselves as pros and when they do mistakenly predicted on the price then they would say that the market is way too unpredictable or volatile. There would be always a reason behind those
words and when it comes to prediction then we are all just the same it is just there are people whom do really make use of their popularity to make
their calls a bit ahead of others because of the popularity that they had but actually it doesnt really make much difference at all.

wxa7115

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Quote from: magneto on June 06, 2021, 03:01:55 AM

If enough people are making predictions, there is bound to be one that nails it on the head.

That's just how statistics works - it's not some fancy algo that they have that they're peddling for a few bucks that is doing the work. It's luck and to some degree, common sense.

Everyone can see that BTC was on an unsustainable trajectory near the tail end of April, and resistance at $60k was extremely strong.

Don't ever believe in the notion of deterministic predictions - they are just gimmicks that marketers try to get you into believing. Don't fear his bottom predictions either for the same reason.

It is the classic “even a broken clock is right twice a day”, when we have millions of predictions about what the price of bitcoin is going to do during the next weeks, months and years then someone is bound to be right about what is happening just by luck alone.

And this happens everywhere, there are traders out there that believe themselves to be geniuses but that they were just lucky as the number of traders in the markets dictate that even a few winning traders have to appear even if their strategy is not a winning one just by chance alone.

TimeTeller

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Quote from: magneto on June 06, 2021, 03:01:55 AM

If enough people are making predictions, there is bound to be one that nails it on the head.

That's just how statistics works - it's not some fancy algo that they have that they're peddling for a few bucks that is doing the work. It's luck and to some degree, common sense.

Everyone can see that BTC was on an unsustainable trajectory near the tail end of April, and resistance at $60k was extremely strong.

Don't ever believe in the notion of deterministic predictions - they are just gimmicks that marketers try to get you into believing. Don't fear his bottom predictions either for the same reason.

They are just mere predictions, and even if they are applying all their TA knowledge and skills, there's no assurance that they will hit the target.
They are also like us, ordinary persons that are relying on what they gained throughout these years.
And no matter how they are famous or expert in this market, they are bound to make mistakes.
And if they are wrong with their prediction, they will be silent about it, but if they almost hit the price level, they will make more noise.

Hamphser

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Quote from: 1legalco on May 29, 2021, 06:43:33 AM

Sure enough
His timestamped tweet nailed it
Just like he did in 2017

Article links to his prediction in BCT in 2017

So he called the top twice and gave the bottoms

Bad news is, he says the 28k bottom rebounds then hits $15k

So be prepared

Best part of story he sent the Tweet to Musk and Cuban

Lol

https://1crypto.org/crypto-prophet-sollog-hits-bitcoin-crash-again/

Not totally something new when it comes to those calls and predictions out of those people who do able to hit the right call and then the market had crashed in 2017-2018 event.

What if those people have missed out the right spot? For sure they would just be ignored into their next words or calls but for those who coincided
for the said event then they would call themselves as experts or pros.

No one knows on what would happen next.Its up to someone if they do easily freak out on this one or just simply ignore.

adaseb

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Here is what I don’t get. If he can really predict the future price of Bitcoin. Why doesn’t he just buy some options like the $15K put option and become a multi millionaire if he is right instead of charging people $100 a month for his newsletter.

How accurately did he predict the 2017 top? Show me the bitcointalk post. Predicting the $10K bottom after hitting $20K doesn’t really count because most people wanted to buy at $10K so it’s not a surprise it bounced there. And $5K was never the bottom. It broke $6k in Nov 2018 and traded at $5K for like a day or two. People assumed it was the bottom before it headed to $3k causing the biggest long liquidation at the time.

magneto

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If enough people are making predictions, there is bound to be one that nails it on the head.

That's just how statistics works - it's not some fancy algo that they have that they're peddling for a few bucks that is doing the work. It's luck and to some degree, common sense.

Everyone can see that BTC was on an unsustainable trajectory near the tail end of April, and resistance at $60k was extremely strong.

Don't ever believe in the notion of deterministic predictions - they are just gimmicks that marketers try to get you into believing. Don't fear his bottom predictions either for the same reason.

wxa7115

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Bitcoin is GOD

Quote from: Expecto on May 29, 2021, 06:56:52 AM

I hope that his predictions don't come true fully. Grin

Then, there are really hard days waiting for us. It's a good opportunity to accumulate of course especially for HODLers. But short-term investors wouldn't be so happy about this. However, this is just a prediction in the end. There is no guarantee for all of it to happen.

It does not matter, you need to find a way to make the best out of any situation, if the price of bitcoin is skyrocketing then be happy with your profits, and if you can spend some money to give you a bigger incentive to keep holding your coins.

But if the price is going down then take advantage of it by buying the dip, this will reduce your average cost but it will also help you in the sense that psychologically speaking instead of fearing every single dump that we see in the market you are going to see it with positive eyes as you will think of this as buying bitcoin for a discount.

raji1995naya

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If what he forecasts comes true, it will be bad news for anyone who acquired bitcoin at a certain price, since they may panic when they realize the price has dropped to that level. If the bitcoin price truly falls to $15k, that will be a significant reduction. Bitcoin is not weak, in my opinion, because it will climb again.

Mahanton

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Quote from: 1legalco on May 29, 2021, 06:43:33 AM

Sure enough
His timestamped tweet nailed it
Just like he did in 2017

Article links to his prediction in BCT in 2017

So he called the top twice and gave the bottoms

Bad news is, he says the 28k bottom rebounds then hits $15k

So be prepared

Best part of story he sent the Tweet to Musk and Cuban

Lol

https://1crypto.org/crypto-prophet-sollog-hits-bitcoin-crash-again/

Crypto-Prophet?
Crypto-Guru?
Crypto-Professional?

We have seen lots of these kind of people and when the time where their predictions do able to hit then these are the times that they do called themselves as prophets here on crypto world which is typically bullshit
for us to believe on. They can make those presumptions and predictions all they want because the price could neither go up or down and knowing on the factors that mainly affecting the movement would be always
still unknown and cant be predicted on what comes next.

kpierce77

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Quote from: coin-investor on May 29, 2021, 11:06:21 AM

The tweet is meant to sell his e-book which is very expensive this is the first time I read about this guy his profile is interesting if his predictions come true this year, he will become a celebrity in the Crypto community and many will follow him and he could save many investors from losing their investment, by following his signals.

Lol, if that's true it is a very shocking scheme just to sell ebooks. I think answering a question like a crypto market crash will be very tricky, because the previous pattern is irrelevant if it is applied to the current bullish.

maydna

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If I read that article, it seems he wants to promote Fracti, and in that article, I see 1 Fr=$1, and then I think it is the same as a stable coin.

If what he predicts really happens, that will be bad for people who bought bitcoin at a price now because they can panic to see the price is down to that price. That will be a big discount if the bitcoin price really goes down to $15k. I am sure bitcoin is not weak because bitcoin will increase back.

I wonder when that will happen because we can predict something, but we don't know if that will happen or not or when it will happen.

coin-investor

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The tweet is meant to sell his e-book which is very expensive this is the first time I read about this guy his profile is interesting if his predictions come true this year, he will become a celebrity in the Crypto community and many will follow him and he could save many investors from losing their investment, by following his signals.

1legalco

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Quote from: electronicash on May 29, 2021, 09:49:00 AM

Quote from: 1legalco on May 29, 2021, 09:13:01 AM

-

so he is obsessed with musk that he learned everything about him.

Quote from: Anonylz on May 29, 2021, 09:29:43 AM

In essence this guy is an all rounder, I thought his knowledge is only limited to crypto but from all the other great stuff you posting it seem this dude needs to be a great asset to the government, if he knows this much and this intelligent he should be in a place where his service will be more appreciated, Lips sealed

I hope he will predict the next ath of btc after the fall, am more concerned about the recovery and not the crash because that already happening Cool

if he is a jack of all trades, then this guy is from China. it's been said he is from Asia. more than likely hs is from China. the ATH prediction will also have to be good so we'll wait for it. he doesn't have to tweet it for Elon. if he hates elon, he should forget about the bastard.

Nostradamus named him directly
Gave his birth location
Called him the great genius

The rod of god would be born from an older woman a branch long barren

Long branch NJ where the Pines Barren are

He's white
100% Irish
Says his ancestors are druid high priests
Great ancestors original Exodus Jerusalem

He says he's Ebri now mistranslated as Hebrew

Long line of Sumerian king priests

SullugAl
The King of all things

1legalco

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Quote from: Anonylz on May 29, 2021, 09:29:43 AM

In essence this guy is an all rounder, I thought his knowledge is only limited to crypto but from all the other great stuff you posting it seem this dude needs to be a great asset to the government, if he knows this much and this intelligent he should be in a place where his service will be more appreciated, Lips sealed

I hope he will predict the next ath of btc after the fall, am more concerned about the recovery and not the crash because that already happening Cool

In 1995 he put full page ads in a big Philly paper
One of the ads told Clinton to not go to the Satanic rituals the elites do in Jackson Hole Wyoming or his plane would crash

The gov arrested him for his writing

He shows up in court tells the judge Rabin would be killed and hurricane Opal would be a historic hurricane

30 days later he shows up in court
Rabin was assassinated
Hurricane Opal destroyed the area he said

The Jewish judge said he was a prophet and all his writings were protected religious writings

Bush had him jailed 5 years illegally

He has 6 case cites in SCOTUS over the illegal detention

He's a historic figure

The gov is evil

electronicash

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Quote from: 1legalco on May 29, 2021, 09:13:01 AM

-

so he is obsessed with musk that he learned everything about him.

Quote from: Anonylz on May 29, 2021, 09:29:43 AM

In essence this guy is an all rounder, I thought his knowledge is only limited to crypto but from all the other great stuff you posting it seem this dude needs to be a great asset to the government, if he knows this much and this intelligent he should be in a place where his service will be more appreciated, Lips sealed

I hope he will predict the next ath of btc after the fall, am more concerned about the recovery and not the crash because that already happening Cool

if he is a jack of all trades, then this guy is from China. it's been said he is from Asia. more than likely hs is from China. the ATH prediction will also have to be good so we'll wait for it. he doesn't have to tweet it for Elon. if he hates elon, he should forget about the bastard.

Anonylz

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In essence this guy is an all rounder, I thought his knowledge is only limited to crypto but from all the other great stuff you posting it seem this dude needs to be a great asset to the government, if he knows this much and this intelligent he should be in a place where his service will be more appreciated, Lips sealed

I hope he will predict the next ath of btc after the fall, am more concerned about the recovery and not the crash because that already happening Cool

1legalco

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Quote from: electronicash on May 29, 2021, 09:06:28 AM

Quote from: 1legalco on May 29, 2021, 08:59:20 AM

Quote from: Toshko on May 29, 2021, 08:53:29 AM

Even Vitalik Buterin said the crypto market is most probably in a bubble. Many people comment on it all the time, even during bullish days. Eventually all of them are right at some point.

But he gives time frames and numbers to watch for
He's moving the markets IMO
A few big whales follow him and they take his comments literally
Or else, he's the great programmer in the sky and we are in his computer game
Believe what you want, the market moves when he says how he says it

okay sure enough the people who will receive the 6 trillion stimulus package from Biden will eventually have some BTC. if they could just buy at $15k by the time his prediction comes true then good for these people. giving them a chance to own some BTC to prepare for what is coming will make them grateful.

why does he have to tweet for elon by the way, does elon own this SolAdoni's ass?

He says Musk is an autistic retard who used to show up at his lectures in Philly in the 90's asking retarded questions

He told him to fuck off or he'd kick his ass

He says Mars has a dead core any retard saying it can be restarted is retarded

He says when a few astronauts blow up NASA pulls the plug on SpaceX

He says Tesla's are crap and will never make money, they need an eco car that gets 2500 miles to a charge not 250

He says only a retard would build tunnels in LA the land of quakes

So he has great dislike for Musk, it's why he put his name in the tweet, he doesn't like Cuban either

haha

electronicash

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Quote from: 1legalco on May 29, 2021, 08:59:20 AM

Quote from: Toshko on May 29, 2021, 08:53:29 AM

Even Vitalik Buterin said the crypto market is most probably in a bubble. Many people comment on it all the time, even during bullish days. Eventually all of them are right at some point.

But he gives time frames and numbers to watch for
He's moving the markets IMO
A few big whales follow him and they take his comments literally
Or else, he's the great programmer in the sky and we are in his computer game
Believe what you want, the market moves when he says how he says it

okay sure enough the people who will receive the 6 trillion stimulus package from Biden will eventually have some BTC. if they could just buy at $15k by the time his prediction comes true then good for these people. giving them a chance to own some BTC to prepare for what is coming will make them grateful.

why does he have to tweet for elon by the way, does elon own this SolAdoni's ass?

1legalco

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Quote from: Toshko on May 29, 2021, 08:53:29 AM

Even Vitalik Buterin said the crypto market is most probably in a bubble. Many people comment on it all the time, even during bullish days. Eventually all of them are right at some point.

But he gives time frames and numbers to watch for

He's moving the markets IMO

A few big whales follow him and they take his comments literally

Or else, he's the great programmer in the sky and we are in his computer game

Believe what you want, the market moves when he says how he says it

Toshko

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Even Vitalik Buterin said the crypto market is most probably in a bubble. Many people comment on it all the time, even during bullish days. Eventually all of them are right at some point.

Topic: Famous Crypto Person warned of Bitcoin crash in Tweet to Elon Musk (Read 374 times)