Topic: Speculating with Tom Lee - page 6. (Read 1811 times)
No pun intended Is this thread for Tom Lee to laugh at or worth to disgrace him even if most of his speculation was rather absurd We can not ignore his speculation at all because he is a well-known individual, after all, Well I think his latest speculation really fits the bill this time, I guess that we can hit the $40,000 USD max this bull run, But again even though there are many speculators that have said that this is the near price bitcoin may be landed, But In my opinion that it is still unpredictable and we can still have different things that may happen with the price, the price can decrease a certain resistance or we can continue any further up to $100,000 USD so if tom lee doesn't predict it yet then this price may happen aswell.
I wouldn't call what Tom Lee does, speculation. he is mostly full of hot air and is hyping up bitcoin with his perma bull price guesses that he keeps throwing at people on the internet. and I have always said he is just advertising his business wanting to get more money flowing in.
because he is perma bull and has always been predicting rise, he is now at least predicting things in the same direction that the market goes which may create the illusion of him being good at what he does
because he is perma bull and has always been predicting rise, he is now at least predicting things in the same direction that the market goes which may create the illusion of him being good at what he does
Will crypto be successful without libra?Cryptocurrencies still exist,which is a proof of concept that they are successful.I really want a 20K-40K bitcoin price,but that odds that this will happen are really small.
I don't think Tom Lee is a good analyst.He is like a moderate John McAfee to me.I read his speculation theories and predictions only for fun.
I don't think Tom Lee is a good analyst.He is like a moderate John McAfee to me.I read his speculation theories and predictions only for fun.
all news about Tom Lee's bitcoin speculations and other things on his life will be in this thread hehehe.
somebody has a man crush 
Quote
Lee also talked about the impact that Facebook’s Libra could or could not have on the overall crypto community. He insisted that Libra would have no impact on the long term success and adoption of cryptocurrencies. “In a world without Libra, is crypto going to be successful? Absolutely. So, I don’t think it changes the long-term outlook for bitcoin,” Lee said.[/i]
this is kind of an obvious statement though!all this drama is for short term and any rise or fall that Libra may or may not cause is not going to last that long. in my view saying Libra has any effects on bitcoin is like saying PayPal has effects on bitcoin! they are both centralized company created digital money and these things are the main reason why [decentralized] bitcoin was created in first place!
Instead of creating a new thread everytime, all news about Tom Lee's bitcoin speculations and other things on his life will be in this thread hehehe.
In any case, the first article. Will he predict it right for the 4th quarter this time or will this be a funny one again?
Lee was of the view that with the added focus on Facebook’s cryptocurrency Libra, the momentum gained by cryptocurrencies could carry Bitcoin to an all-time high as investors panic of missing out on the opportunity.
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Lee also talked about the impact that Facebook’s Libra could or could not have on the overall crypto community. He insisted that Libra would have no impact on the long term success and adoption of cryptocurrencies. “In a world without Libra, is crypto going to be successful? Absolutely. So, I don’t think it changes the long-term outlook for bitcoin,” Lee said.
Read in full https://all-stocks.net/fundstrats-tom-lee-bitcoin-could-reach-40k-by-q4-thanks-to-president-trump/
In any case, the first article. Will he predict it right for the 4th quarter this time or will this be a funny one again?
Lee was of the view that with the added focus on Facebook’s cryptocurrency Libra, the momentum gained by cryptocurrencies could carry Bitcoin to an all-time high as investors panic of missing out on the opportunity.
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Lee also talked about the impact that Facebook’s Libra could or could not have on the overall crypto community. He insisted that Libra would have no impact on the long term success and adoption of cryptocurrencies. “In a world without Libra, is crypto going to be successful? Absolutely. So, I don’t think it changes the long-term outlook for bitcoin,” Lee said.
Read in full https://all-stocks.net/fundstrats-tom-lee-bitcoin-could-reach-40k-by-q4-thanks-to-president-trump/
@bbc.reporter this time I feel Tom Lee’s prediction will come right, as public sentiments are at a all time high and people are buying bitcoins and holding them. In my personal opinion $20k is a realistic target by the end of the year, $40k looks very difficult to achieve. Also his analysis that the crypto world will survive without Libra is spot on, as Trump will most certainly kill Libra before it begins.
Lol, I thought you are done with Tom Lee mate, what happens? Here is one thread a open up months ago:
Where's FOMO at? Tom Lee
I would say though that $20k-$40k is within the realm of possibility at the end of the year. We are still in the bullish sentiments, and we all know that no negative effect will really hinder people to FOMO and join the bandwagon at whatever price they see fit.
Where's FOMO at? Tom Lee
I would say though that $20k-$40k is within the realm of possibility at the end of the year. We are still in the bullish sentiments, and we all know that no negative effect will really hinder people to FOMO and join the bandwagon at whatever price they see fit.
All that this is is a blind guess, drawing from completely irrelevant data (in regards to his statement about the 3% of its historical days, what? 
) that is tailor fitted to support his argument.
) that is tailor fitted to support his argument.He's talking about the fact that most of Bitcoin's gains are historically realized in a very small period of time, during its bubble periods. The rest of the time is spent consolidating in a range with price being flat or declining on average.
I make fun of Tom Lee all the time and I think he's an ass, but he's spot on about this. He sees what all the people calling 2019 a bull trap don't see. Looking at several long term metrics, we've entered another historical bull phase that will end with exponential price gains.
Observe what happens when price starts entering the realm of its historic top days:
https://bitcointalksearch.org/topic/m.1472141
https://bitcointalksearch.org/topic/m.2433224
https://bitcointalksearch.org/topic/m.17657284
https://bitcointalksearch.org/topic/m.20501251
He's predicting this is happening again right now. I think he's right about that.
Quote
Lee was of the view that with the added focus on Facebook’s cryptocurrency Libra, the momentum gained by cryptocurrencies could carry Bitcoin to an all-time high as investors panic of missing out on the opportunity.
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Can we even call his speculative articles "analysis" anymore?
All that this is is a blind guess, drawing from completely irrelevant data (in regards to his statement about the 3% of its historical days, what?
) that is tailor fitted to support his argument. He stands absolutely no ground in TA, let alone a bottom up fundamental analysis.I think that the markets are generally still quite cautious in terms of its sentiments, which as a result means that it is likely we won't see these types of growth until later on, closer to the halving.
Quote
Lee also talked about the impact that Facebook’s Libra could or could not have on the overall crypto community. He insisted that Libra would have no impact on the long term success and adoption of cryptocurrencies. “In a world without Libra, is crypto going to be successful? Absolutely. So, I don’t think it changes the long-term outlook for bitcoin,” Lee said.
I actually somewhat agree with him on his statement on Libra.
People overemphasise the importance of this stuff way too much. In the long run, there is really not much that it's going to be contributing neither positively nor negatively towards the actual fundamentals of bitcoin.
Good thing with Tommy Lee is that he's always optimistic about bitcoin's price movements no matter how dire the situation is. Actually, he might be right this time. If we happen to stay at these levels or do not go below 20 SMA short-term which is a critical point IMO, we might even get a push towards $20k and end the year with that price. By then, it would pretty much the same 2017 FOMO scenario all over again, and might be breaking records to the top this time. Bears are still looming around the corners, as was evidenced by the last few days' drop towards $9200, but then again, we're still pretty much in the greens and bearish sentiment isn't forming as of late.
May Tommy Lee not jinx his own predictions this time
May Tommy Lee not jinx his own predictions this time
and other things on his life
LOL.
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Even a broken clock is right twice a day!
I think there's a good chance he's right this time. If we hold above the ~$7,430 higher low, then we will maintain the long term parabolic advance since the December 2018 bottom. A multi-month correction here would likely fill enough gas in the tank to break the ATH sometime in Q4, once the July top is broken. Then it's off to the races.
Instead of creating a new thread everytime, all news about Tom Lee's bitcoin speculations and other things on his life will be in this thread hehehe.
In any case, the first article. Will he predict it right for the 4th quarter this time or will this be a funny one again?
Lee was of the view that with the added focus on Facebook’s cryptocurrency Libra, the momentum gained by cryptocurrencies could carry Bitcoin to an all-time high as investors panic of missing out on the opportunity.
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Lee also talked about the impact that Facebook’s Libra could or could not have on the overall crypto community. He insisted that Libra would have no impact on the long term success and adoption of cryptocurrencies. “In a world without Libra, is crypto going to be successful? Absolutely. So, I don’t think it changes the long-term outlook for bitcoin,” Lee said.
Read in full https://all-stocks.net/fundstrats-tom-lee-bitcoin-could-reach-40k-by-q4-thanks-to-president-trump/
In any case, the first article. Will he predict it right for the 4th quarter this time or will this be a funny one again?
Lee was of the view that with the added focus on Facebook’s cryptocurrency Libra, the momentum gained by cryptocurrencies could carry Bitcoin to an all-time high as investors panic of missing out on the opportunity.
“Bitcoin is now trading at a level that it’s only seen 3% of its historical days. If you go back to every milestone that that was achieved, bitcoin subsequently rallied somewhere between 200% to 400% within the next four months, so I think if that’s playing out this time that means bitcoin could be $20,000 to $40,000 sometime in the fourth quarter.”
Lee also talked about the impact that Facebook’s Libra could or could not have on the overall crypto community. He insisted that Libra would have no impact on the long term success and adoption of cryptocurrencies. “In a world without Libra, is crypto going to be successful? Absolutely. So, I don’t think it changes the long-term outlook for bitcoin,” Lee said.
Read in full https://all-stocks.net/fundstrats-tom-lee-bitcoin-could-reach-40k-by-q4-thanks-to-president-trump/
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