Topic: Jimmy Song 100,000$ Prediction - page 2. (Read 301 times)
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I quite like the optimistic attitude. however, I have also seen people who predict the price of bitcoin can reach $ 2000 when the price is below $ 1000. Well, although it's possible, we don't know when the price of bitcoin will reach the target. other than that, I think that the price of $ 100k is still very far for now. even more so at this time, the price of bitcoin is still declining. I'm not even really sure that the price of bitcoin can touch the price of $ 20k at the end of this year. but, I appreciate his optimism, because I also hope the price can reach $ 100k.
Another prediction without any analysis or other kind of proof. Why do people even listen(read) to that kind of jokers? They are like weather forecasters, it is like probability that tomorrow will rain is 50/50.
First lets try to reach ATH, and only then do predictions.
First lets try to reach ATH, and only then do predictions.
To be fair, I prefer this sort of "prediction" compared to most. Most predictions are like "$100,000 in 2021" or something like that; pretty much with an indicated time span. Whereas this one, he's pretty much just saying that it's going to reach $100,000 someday, which is a fairer forecast as it could literally mean that it will reach $100k in 1-9999999 days.
Predictions are always associated with crypto like Bitcoin.
If you look deeper, many prominent and well-known experts predict Bitcoin this year, it's all opinions if I judge it, it's OK.
I want to repeat the history of 2017, at the end of the year, from November to January 2018, the price of bitcoin soared to the level of $ 20,000, no one expected it, when Bitcoin went up, the new prediction appeared, after bitcoin went up, not before.
I'm very sure, the price of Bitcoin will go up to the level it should be, but if you predict too much, the opposite will happen.
I think Bitcoin will experience the highest price where people forget about predictions and don't discuss it anymore, in that year the price of Bitcoin soared to a high.
If you look deeper, many prominent and well-known experts predict Bitcoin this year, it's all opinions if I judge it, it's OK.
I want to repeat the history of 2017, at the end of the year, from November to January 2018, the price of bitcoin soared to the level of $ 20,000, no one expected it, when Bitcoin went up, the new prediction appeared, after bitcoin went up, not before.
I'm very sure, the price of Bitcoin will go up to the level it should be, but if you predict too much, the opposite will happen.
I think Bitcoin will experience the highest price where people forget about predictions and don't discuss it anymore, in that year the price of Bitcoin soared to a high.
Another prediction without any analysis or other kind of proof. Why do people even listen(read) to that kind of jokers? They are like weather forecasters, it is like probability that tomorrow will rain is 50/50.
First lets try to reach ATH, and only then do predictions.
First lets try to reach ATH, and only then do predictions.
It's really a bad idea to take investment advises from twitter, the format of this platform doesn't promote deep discussion or detailed posts. And it's also not a good idea to take advises from perma-bulls, they rarely explain why they make their predictions or where do they get the exact numbers, it's really just a guess. You can lose money even if Bitcoin grows if you make poor decisions like investing during a peak (because permabulls told it would grow more) and then panicking during a dip.
This kind of statement is bad for bitcoin.
Any potential investor will find out bitcoin dont have a new ATH for 26 months.
So they will look at this kind of statement, which predicts a price more than 10x the current one, and will understand that bitcoin is not a serious investment. Instead, they will look at it as a cult of lunatics.
Is this the image you want for bitcoin?
These kind of "predictions" must stop. They will not convince people to buy in. Given the circunstances, it will have the opposite effect.
Also calling potential investors dumb "nocoiners" will not help to convince them to buy. Its time we get rid of this division, because right now there is a artificial "pandemic" being orchestrated by TPTB, and people will need some hedge against the caprices of governments.
Any potential investor will find out bitcoin dont have a new ATH for 26 months.
So they will look at this kind of statement, which predicts a price more than 10x the current one, and will understand that bitcoin is not a serious investment. Instead, they will look at it as a cult of lunatics.
Is this the image you want for bitcoin?
These kind of "predictions" must stop. They will not convince people to buy in. Given the circunstances, it will have the opposite effect.
Also calling potential investors dumb "nocoiners" will not help to convince them to buy. Its time we get rid of this division, because right now there is a artificial "pandemic" being orchestrated by TPTB, and people will need some hedge against the caprices of governments.
When BTC reached certain price points like 1,000$, 5,000$, 10,000$, and to it's all time high which is 19,000$ a lot of people are already saying that they have wasted a lot of opportunities to be rich. Yet even if these price points presented themselves they are either still not attracted to it or late to the action, the worst part is after they enter as a newbie they automatically will experience losses since they aren't prepared for the market. I know people like Jimmy Song with extreme positivity towards Bitcoin you will see opinions like this in the internet and I wouldn't consider it as a recommendation to buy more, remember that hype is something that made newbies lost their money so I wouldn't base my decisions to what he is saying especially if his tweet is to vague to pinpoint when Bitcoin will actually hit that number.
Where specifically in the tweet did Jimmy Song said that it will hit $100k soon? He really didn't specify a date. Also, I'm pretty sure a lot of us here thinks that bitcoin could reach $100k. It's just a matter of when. It theoretically could mean multiple decades from now.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
These fear and procrastination is the difference between the rich and poor , until a particular poor person takes the challenge of risk to do the dreadful then the story will change.
Bitcoin is a big investment, it can only take some time for your hodling to grow. Buying now is a good decision.
Jimmy is using word "when", and it is very indefinite time, because it can happen in 1 year, but also in 10 years. There's nothing spectacular about his tweet, he's just another one in a row who uses his popularity to get some free promotion. People like him earn from going around and talking about Bitcoin&blockchain, and such predictions only make them more desirable to the audience.
I think in the first place you need to listen to your common sense, then you need to invest only the money you can afford to lose - no matter what anyone said about something.
I think in the first place you need to listen to your common sense, then you need to invest only the money you can afford to lose - no matter what anyone said about something.
I'm also a bitcoin enthusiast and I do believe with high prices but I have my but's and if's.
We don't know when but with the block halving, this will be the other factor that will help to push the prices up. But the effect that it will create, we don't have an idea when it will take place. Remember that bitcoin is always an speculative asset so expect that more of these speculations will come to encourage people that still don't hold it.
And also, many didn't believed that bitcoin will reach the heights of $10k-$20k or even the current price of $7k now during the early days.
We don't know when but with the block halving, this will be the other factor that will help to push the prices up. But the effect that it will create, we don't have an idea when it will take place. Remember that bitcoin is always an speculative asset so expect that more of these speculations will come to encourage people that still don't hold it.
And also, many didn't believed that bitcoin will reach the heights of $10k-$20k or even the current price of $7k now during the early days.
What is this sure bitcoin will soon reach $ 100,000 means it needs to go up 10x more than the current price while the fast increase will never happen but it takes a long time too, but I have been holding bitcoin for a long time but didn't think to reach that number.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
Theres no such thing about experts when it comes to speculating of prices.Even an average joe would able to give out their own price predictions according to their observation.I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
This had always been our job ever since this market starts where we do keep on speculating on what would be its price on future.I would rather believe if these so called professionals or
popular persons would talk about reaching previous ATH but talking about 100k? This isnt really even realistic.
But still their speculation or prediction since they are popular people in the community that is supporting the bitcoin, I think it could be a huge impact and could affect the price of bitcoin in the future.
Still as the technology rise as years passing I think the bitcoin or cryptocurrency could be a big use for everyone all over the world and I could imagine that someday bitcoin will be a top currency.
What is this sure bitcoin will soon reach $ 100,000 means it needs to go up 10x more than the current price while the fast increase will never happen but it takes a long time too, but I have been holding bitcoin for a long time but didn't think to reach that number.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
Theres no such thing about experts when it comes to speculating of prices.Even an average joe would able to give out their own price predictions according to their observation.I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
This had always been our job ever since this market starts where we do keep on speculating on what would be its price on future.I would rather believe if these so called professionals or
popular persons would talk about reaching previous ATH but talking about 100k? This isnt really even realistic.
What is this sure bitcoin will soon reach $ 100,000 means it needs to go up 10x more than the current price while the fast increase will never happen but it takes a long time too, but I have been holding bitcoin for a long time but didn't think to reach that number.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
People have said this before ....
Bitcoin don't give a shit about what you think is not possible
What is this sure bitcoin will soon reach $ 100,000 means it needs to go up 10x more than the current price while the fast increase will never happen but it takes a long time too, but I have been holding bitcoin for a long time but didn't think to reach that number.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
I do not know whether the predictions of these experts will always be correct or not clear with the increase in the number takes a long time.
Jimmy Song a bitcoin maximalist and developer has warned investors who still not holding bitcoin in his twitter posts.
He believed that that bitcoin market price is soon going to hit 100k$ valuation,and this would be sorrowful for someone that doesn't believed that bitcoin is worth buying.
https://twitter.com/jimmysong/status/1237371905147101184
He believed that that bitcoin market price is soon going to hit 100k$ valuation,and this would be sorrowful for someone that doesn't believed that bitcoin is worth buying.
https://twitter.com/jimmysong/status/1237371905147101184
Jump to: