Why do people do this? Can bitcoin hit 15,000$? Maybe. But will it really hit by the end of the month? Not really. If there are great things happening in the markets, then we can expect a nice rise. Otherwise just the normal stuff won't change much.
the bitcointalk forum already has so many predictions that you do not know who to believe to whom not. And in general do people know What they say. To date It's okay, Bitcoin is almost like an air bubble and you need to beware of any possible consequences of the drop in the price of Bitcoin.
No it's not an air bubble and it's not like the Tulip mania.
Because BTC has both scarcity and an actual use for society.
Tulips had
none of the two.
They are two very different assets not to be confused.
Tulips can be cultivated anywhere (no scarcity) and have no actual use.
So it was an obvious scam when it got pumpled.
Crypto is scarce: has the supply limit, and it's very hard to clone a currency
and make it popular like the VIP currencies. So if you even clone the BTC and you make your crypto, it's like it doesn't exist because nobody will trust it.
Only major cryptos count, so there's actual scarcity.
Crypto is useful: BTC was made to escape from poverty , slavery, unemployment imposed by our govs.
So it has a big use and very high probability to gain value.