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Topic: The American doomsday by Tom Lee - page 3. (Read 603 times)

legendary
Activity: 3052
Merit: 1188
January 14, 2019, 11:07:07 AM
#5
Tom Lee loves these big headline news type of talks. He is known for making wrong predictions after wrong predictions and if you look at what he imagined bitcoin would be by the end of 2018 you can see how he has NO CLUE about market at all. The most recent I remember was bitcoin going to 15 thousand dollars each whereas we ended up with 3-4 thousand dollars each instead. That is about 300% off from the truth.

Yeah, american stock market did dropped a lot and not looking like its recovering as quickly as people imagined but really Tom Lee is not the guy you should be getting your information at all. I understand people share his news because its hilarious and we all love to point fingers and laugh at a clown but really all it does is to create a fame for someone who doesn't deserve a single second of it.
legendary
Activity: 1806
Merit: 1521
January 13, 2019, 11:54:40 PM
#4
Tom Lee should go be an Uber driver, he killed his reputation with idiotic predictions. If bitcoin doesn't cross 6 figures in a couple years, Mcafee and Draper will join him as crypto analyst clowns.

McAfee sure, but Draper gets slack no matter what. He only ever made one prediction: $10K by 2017. He made that prediction in 2014 in the middle of the dump from $1,200 to $150. That was pretty damn impressive. Worst comes to worst, he'll be 1 for 2. Not bad in the world of random price predictions, really.
member
Activity: 308
Merit: 35
January 13, 2019, 11:48:52 PM
#3
Tom Lee should go be an Uber driver, he killed his reputation with idiotic predictions. If bitcoin doesn't cross 6 figures in a couple years, Mcafee and Draper will join him as crypto analyst clowns.
legendary
Activity: 1806
Merit: 1521
January 13, 2019, 11:43:07 PM
#2
I cannot stop laughing.

I reckon a major crash on the S&P might be good for bitcoin however. It might make institutions look for alternative investments that might also rush bitcoin ETF applications to quick approval.

Wall Street Strategist Tom Lee Predicts S&P Rally in 2019

Read the article https://www.ccn.com/wall-street-strategist-tom-lee-predicts-sp-rally-in-2019/

Don't forget, this is Tom Lee's bread and butter. He made a name for himself as a Wall Street equity analyst. That's the only reason he's a talking head on CNBC today. So I give a little more pause when he makes predictions about the S&P 500. I don't think he's automatically a contrarian indicator here.

Actually, I agree with him.
legendary
Activity: 3010
Merit: 1460
January 13, 2019, 08:32:27 PM
#1
I cannot stop laughing.

I reckon a major crash on the S&P might be good for bitcoin however. It might make institutions look for alternative investments that might also rush bitcoin ETF applications to quick approval.



Wall Street Strategist Tom Lee Predicts S&P Rally in 2019

Read the article https://www.ccn.com/wall-street-strategist-tom-lee-predicts-sp-rally-in-2019/
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