Speculating with Tom Lee - page 2. | Bitcointalksearch.org

exstasie

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Quote from: Searing on December 06, 2019, 04:12:36 PM

Tom Lee does whatever it takes and says whatever outrageous thing he can to keep his profile in the news for his consulting business which I think is not limited to cryptocurrency.

Talking Head = supposed credibility = free advertisement on cable networks and web = lots and lots of $$$$.

That's all it boils down to. No matter what he's said over the past few years, it's always been in the interest of Fundstrat.

Those other CNBC guys like Brian Kelly are always hyping up shitty altcoins too. I don't think they take the same view of BSV that a lot of Bitcoin investors do. To them, it's just another coin.

Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: pooya87 on December 08, 2019, 01:38:54 AM

at this point whoever associates himself with BSV is either the biggest idiot on the planet or has some personal benefits in it. i'd bet it is the later for Tom Lee.

I can only agree with the above statement, Tom Lee has lost all credibility, and now is turning to controversial topics/people like Faketoshi (anyone watch whole video - is there mention about "I am real Satoshi?") just to get as much attention as possible. I think with this move Tom Lee actually showed how much he understands Bitcoin, and maybe he thinks BSV is just a better version of BTC.

From a perma-bull to someone who thinks USA will ban BTC, and now to supporter of FaketoshiBSV. The next thing I expect is TomLee BTCTC (true coin), and maybe posting "I'm actually Satoshi" Cheesy

pooya87

legendary

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Quote from: bbc.reporter on December 07, 2019, 11:06:25 PM

@Searing. Hosting an interview for a scammer would not be the correct way to raise his profile, however.

https://www.reddit.com/r/bitcoincashSV/comments/e7aiio/bitcoin_sv_interview_hosted_by_tom_lee/

creating a shitcoin by forking bitcoin is one thing and it is done by many. nobody cares about that even if they claim to be "the real bitcoin". but to also claim to be Satoshi in the most obvious scam in the history of bitcoin is another thing.
at this point whoever associates himself with BSV is either the biggest idiot on the planet or has some personal benefits in it. i'd bet it is the later for Tom Lee.

Juggy777

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Quote from: bbc.reporter on December 07, 2019, 11:06:25 PM

@Searing. Hosting an interview for a scammer would not be the correct way to raise his profile, however.

https://www.reddit.com/r/bitcoincashSV/comments/e7aiio/bitcoin_sv_interview_hosted_by_tom_lee/

@bbc.reporter why in the world is Tom Lee hosting SV, and I hope this is the first and last time he’s associating himself with the BSV coin. Also I wonder will anyone be foolish enough to buy BSV coins because of this event, honestly I’m expecting a negative answer but it’ll be interesting to see what the community thinks of this event.

Searing

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Clueless!

Quote from: bbc.reporter on December 07, 2019, 11:06:25 PM

@Searing. Hosting an interview for a scammer would not be the correct way to raise his profile, however.

https://www.reddit.com/r/bitcoincashSV/comments/e7aiio/bitcoin_sv_interview_hosted_by_tom_lee/

I'm sure there are a lot of BSV $$$ out there for his traditional investment arm. However, you are correct if the 'Tom Lee' Brand is associated

with Bitcoin Core on his talk shows and other endeavors, it does 'weaken' his brand, as they say.

What do I know it seems like a pretty good gig he has going on all this.

One thing for sure about Bitcoin/Crypto, when they put you us someday in the Nursing Home and we are swapping stories, it will be either:

(1) I was damn glad I drank the kool-aid of BTC/Crypto!

or

(2) I am damn sad I drank the kool-aid of BTC/Crypto!

flip a coin

Brad

bbc.reporter

legendary

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@Searing. Hosting an interview for a scammer would not be the correct way to raise his profile, however.

https://www.reddit.com/r/bitcoincashSV/comments/e7aiio/bitcoin_sv_interview_hosted_by_tom_lee/

Searing

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Clueless!

Quote from: bbc.reporter on December 05, 2019, 10:44:22 PM

This must be real bearish times. Fsinsight is Fundstrat's research team. Why are they promoting Craig Wright's scamcoin? Has Tom Lee entered the scamcoin pumping business?

They might have extracted their BSV from their bitcoin private keys hehehe.

Bitcoin SV believes its protocol best represents the original vision for Bitcoin. Specifically, this means that Bitcoin SV does not limit its block size and believes that developers have too much power relative to miners. Today, the network is primarily used for storing metadata. BSV’s goal over the long-term is to provide usage both as a payments network and commodity data ledger (metadata storage). With its ambitious goals, Bitcoin SV is contributing to the necessary protocol design experimentation in crypto. No cryptocurrency has achieved global adoption, thus the space needs projects to continue tinkering with protocol designs to find the optimal one that can accommodate global adoption.

Source https://fsinsight.com/2019/12/04/crypto-special-report-bitcoin-sv-the-big-block-bitcoin-targeting-enterprise-adoption/

Tom Lee does whatever it takes and says whatever outrageous thing he can to keep his profile in the news for his consulting business which I think is not limited to cryptocurrency.

Talking Head = supposed credibility = free advertisement on cable networks and web = lots and lots of $$$$.

bbc.reporter

legendary

Activity: 3122

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This must be real bearish times. Fsinsight is Fundstrat's research team. Why are they promoting Craig Wright's scamcoin? Has Tom Lee entered the scamcoin pumping business?

They might have extracted their BSV from their bitcoin private keys hehehe.

Bitcoin SV believes its protocol best represents the original vision for Bitcoin. Specifically, this means that Bitcoin SV does not limit its block size and believes that developers have too much power relative to miners. Today, the network is primarily used for storing metadata. BSV’s goal over the long-term is to provide usage both as a payments network and commodity data ledger (metadata storage). With its ambitious goals, Bitcoin SV is contributing to the necessary protocol design experimentation in crypto. No cryptocurrency has achieved global adoption, thus the space needs projects to continue tinkering with protocol designs to find the optimal one that can accommodate global adoption.

Source https://fsinsight.com/2019/12/04/crypto-special-report-bitcoin-sv-the-big-block-bitcoin-targeting-enterprise-adoption/

Wind_FURY

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Quote from: bbc.reporter on November 17, 2019, 09:02:07 PM

Is $150,000 Tom Lee's longterm price speculation for bitcoin hehehe? I reckon that a 1,670% increase might not be possible anymore. This would require substantial risk and pumping. How much fiat did it take for bitcoin to be on $20,000 and how much more would it take to be on $150,000?

Bitcoin would need to surge past $150,000 per coin to make an exchange-traded fund for the cryptocurrency work, Fundstrat Global Advisors co-founder Tom Lee said, according to Bloomberg. Such an advance would mark a roughly 1,670% increase from current levels.

Several firms look to ride the hype behind crypto-coins through related ETFs, but the Securities and Exchange Commission has mostly stifled attempts to form such alternative assets. The $200 billion crypto sector enjoyed a moderate recovery from an early-fall trough, but it still has a way to go to meet demand necessary for an ETF, Lee said.

"The SEC needs to punt the ETF until crypto becomes bigger," Lee reportedly said at conference in Singapore on Friday, adding that "demand for an ETF is monstrous."

Large fund releases can bring in around $13 billion in first-year demand, and the buzz around cryptocurrencies remains healthy, according to Lee. His $150,000 estimate requires a 1,670% gain from bitcoin's current price.

Read in full https://markets.businessinsider.com/currencies/news/bitcoin-needs-to-hit-150000-for-etf-possible-tom-lee-2019-11-1028694339

That's his forecast? Then the rich will be the last entrants/laggards in Bitcoin's "innovation adoption lifecycle". It might not be too late for the plebs, https://bitcointalksearch.org/topic/i-am-pretty-confident-we-are-the-new-wealthy-elite-gentlemen-12156

Buy the dip, and? Cool

exstasie

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Quote from: bbc.reporter on November 17, 2019, 09:02:07 PM

Is $150,000 Tom Lee's longterm price speculation for bitcoin hehehe? I reckon that a 1,670% increase might not be possible anymore. This would require substantial risk and pumping. How much fiat did it take for bitcoin to be on $20,000 and how much more would it take to be on $150,000?

That only considers demand. Bubbles have been characterized by extremely thin ask sides on exchanges. That's part of the magic. There's hardly any BTC for sale on exchanges, so the price goes exponential.

I think Tom Lee is aiming higher than $150K long term. That's just the price he thinks is necessary to facilitate viable liquidity levels for a Bitcoin ETF.

bbc.reporter

legendary

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Is $150,000 Tom Lee's longterm price speculation for bitcoin hehehe? I reckon that a 1,670% increase might not be possible anymore. This would require substantial risk and pumping. How much fiat did it take for bitcoin to be on $20,000 and how much more would it take to be on $150,000?

Bitcoin would need to surge past $150,000 per coin to make an exchange-traded fund for the cryptocurrency work, Fundstrat Global Advisors co-founder Tom Lee said, according to Bloomberg. Such an advance would mark a roughly 1,670% increase from current levels.

Several firms look to ride the hype behind crypto-coins through related ETFs, but the Securities and Exchange Commission has mostly stifled attempts to form such alternative assets. The $200 billion crypto sector enjoyed a moderate recovery from an early-fall trough, but it still has a way to go to meet demand necessary for an ETF, Lee said.

"The SEC needs to punt the ETF until crypto becomes bigger," Lee reportedly said at conference in Singapore on Friday, adding that "demand for an ETF is monstrous."

Large fund releases can bring in around $13 billion in first-year demand, and the buzz around cryptocurrencies remains healthy, according to Lee. His $150,000 estimate requires a 1,670% gain from bitcoin's current price.

Read in full https://markets.businessinsider.com/currencies/news/bitcoin-needs-to-hit-150000-for-etf-possible-tom-lee-2019-11-1028694339

bbc.reporter

legendary

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Tom Lee's lost Chinese brother Bobby is more bullish than him! He should also offer to eat sensitive body parts similar to John McAfee hehehe.

In any case, I speculate another dump in 2 weeks.

Bobby Lee, who was at the helm of the world’s oldest cryptocurrency exchange BTCC, thinks there are brighter days ahead for bitcoin. Lee cited that in the coming years, bitcoin is likely to reach the elusive million-dollar mark. He offered the outlook while at the Malta AIBC summit even as bitcoin remains somewhat bearish in the near-term.

Lee expects new waves in the coming years that will drive the price to the six-figure region and eventually cross to $1 million per bitcoin.

Read in full https://zycrypto.com/bullish-call-crypto-veteran-bobby-lee-finds-1000000-bitcoin-price-possible-after-two-more-bubbles/

bbc.reporter

legendary

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@figmentofmyass. Danger! He might be selling! I predict bitcoin to be dumped below $8500 again next week hehehe.

@exstasie. Do you have any speculations?

figmentofmyass

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tom lee says the bitcoin bull market is back!

https://twitter.com/fundstrat/status/1188858045713006592

i gotta say, i agree with him on every point. scary thought, given his status as a contrarian indicator. Tongue

the macro context is positive, sentiment hit dismal levels before reversing, and the chart is impossible to ignore. i don't know how his BMI works but the fear & greed index agrees too---it was in "fear" or "extreme fear" for the whole past month. https://alternative.me/crypto/fear-and-greed-index/

figmentofmyass

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Quote from: bbc.reporter on October 23, 2019, 11:01:37 PM

Also, if Tom Lee is a contrarian indicator, his prediction of bitcoin pumping together with the S&P500 might not occur. It will be a dump similar to now!

they aren't directly correlated. it's not like gold and the australian dollar, which has a direct relationship because australia is a major global gold producer.

bitcoin's relationship with the equities markets is indirect. it's more complicated than "S&P500 up, bitcoin up". i believe however that there is a relationship tied to macroeconomic cycles and global market psychology. it has to do with this idea of "risk on risk off".

when there is lots of cheap capital and it's piling into already inflated markets as investors make riskier and riskier bets, that's a situation where both equities and bitcoin should prosper. and historically that's what has been happening for the better part of the last decade. i think tom is right about that.

bbc.reporter

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@exstasie. Also, if Tom Lee is a contrarian indicator, his prediction of bitcoin pumping together with the S&P500 might not occur. It will be a dump similar to now!

He might also not be trolling us.

marky89

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Quote from: bbc.reporter on October 21, 2019, 10:57:13 PM

I am beginning to notice that he is a contrarian indicator not because he is a bad trader, but because he be buying when he is bearish and he sells when he is bullish. Forum cave trolls laugh at him, however, he might already be laughing at us since 2017.

Good point. He might be playing the market like a fiddle.

He's an equities guy. He knows how to ride the long term bull, so it would be an odd time for him to turn bearish. This is where long term investors should start dip buying if anything.

BitHodler

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Quote from: pooya87 on October 23, 2019, 07:23:17 AM

is "he" bullish/bearish and buys/sells bitcoin or is he just advertising himself as bullish/bearish to get people to invest their money with his company which means he invests with other people's money and only receives his commission no matter what happens to the price?

This. I have never seen him talk about being interested in buying Bitcoin or his personal holdings at all, it's just a continuous sales pitch to attract capital from people who are too dumb to invest themselves....

I rather pay a legacy banker to invest my capital than to allow Tom Lee to do it, because I'm quite sure that he will mess up the way he has been messing up for a long time now.... his whole crypto journey is one big failure.

pooya87

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Quote from: bbc.reporter on October 21, 2019, 10:57:13 PM

~
I am beginning to notice that he is a contrarian indicator not because he is a bad trader, but because he be buying when he is bearish and he sells when he is bullish. Forum cave trolls laugh at him, however, he might already be laughing at us since 2017.

is "he" bullish/bearish and buys/sells bitcoin or is he just advertising himself as bullish/bearish to get people to invest their money with his company which means he invests with other people's money and only receives his commission no matter what happens to the price?

CryptoBry

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Quote from: marky89 on October 21, 2019, 06:57:14 PM

That's probably the most bearish thing I've ever heard from Tom Lee. Could this be a bottom signal? Shocked

What happened to $40k by end of year?! https://bitcoinist.com/bitcoin-to-40k-in-the-next-few-months-says-tom-lee/

One thing I realized with these famous personalities having the tendency to put forth outrageous claims of what Bitcoin will be at a certain time is that they are just joking and they are doing it without any trace of being comedic. In the case of Tom Lee, he is probably enjoying the attention the media is heaping up on him so that when the media would like to confirm any possible bullish or bearish trend, he can be serving as the go-to guy. This is just a great entertainment, guys! And there are many more other guys like him in the cryptocurrency industry there is no need for me to mention any name.

Quote from: bbc.reporter on October 21, 2019, 10:57:13 PM

I am beginning to notice that he is a contrarian indicator not because he is a bad trader, but because he be buying when he is bearish and he sells when he is bullish. Forum cave trolls laugh at him, however, he might already be laughing at us since 2017.

That can be the best thing to do. Whenever someone like Tom Lee opens his mouth, we need to read between the lines so we can get the real message behind. Still, I have some respect for Tom lee as I am sure he also contributed something towards more adoption of cryptocurrency compared to us ordinary guys and just small players.

Topic: Speculating with Tom Lee - page 2. (Read 1811 times)