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Topic: the jokes of the crypto world: Bobby Lee Predicts Bitcoin Bottom at $2,500... (Read 501 times)

jr. member
Activity: 213
Merit: 1
Well we need to respect the opinion of others even it's a prediction and I think nothing is wrong if he predict that. Many people also believe that bitcoin will be drop before go higher. We dont know when but the important is still we can use cryptocurrencies  and bitcoin.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
We are much near to that bottom line for now so his prediction gonna come true?

If this happens then in 2021 the price of bitcoin will be $333,000?Still chances are there so buy some bitcoin and hold until the value reaches lee.
legendary
Activity: 1652
Merit: 1483
this is one of the reasons i think we're not going to $2500. the market's not gonna let bobby lee get it right. the guy just pulls numbers from his arse. Wink

i'm guessing we get one more spike to $3k and then a show of strength from bulls. book it!
hero member
Activity: 1806
Merit: 672
Predicting the bottom right now has a more chance of being correct rather than predicting what the ceiling is. Right now 2,500$ bottom is a possibility given that we are in a situation where all bottoms needs to be in consideration, and maybe he is doing this statement for publicity purposes just like what other known figures in the crypto industry are doing right now. But even if he is right with the bottom price of Bitcoin it doesn't mean that he will be right with his long term target price, we need to be real and cannot take only his word when the bear market is over.
legendary
Activity: 2170
Merit: 1427
Lol who would believe he actually meant to eat his own weiner. The guy's trying to show he's that confident in his predictions which for me personally, is overblown. You won't feel him in this kind of market.

Right. He already blamed it on impersonaters on the internet for having made a $78,000 before the end of the year prediction, while it was actually him having said so on video. He will very likely end up doing the same, or just state that it was more of a joke'ish prediction to benchmark his confidence in the market by that time frame.

In the end, John McAfee is a money hungry slut. He made that more than clear by having the Skycoin logo tattooed on his body for ever. If you consider that his ICO Tweets don't come cheap, imagine what Skycoin had to offer McAfee to get him to do this.
full member
Activity: 364
Merit: 123

People don't talk about him anymore because all of the dumb money that actually listened to him has long upped and left. He'll come back to relevance in a couple of years, or whenever the next bull run is in full swing. Probably with his manhood in tact, not because of his prediction being right however  Wink

Lol who would believe he actually meant to eat his own weiner. The guy's trying to show he's that confident in his predictions which for me personally, is overblown. You won't feel him in this kind of market.

You'd be surprised just how many people might be gullible enough to believe that. Plenty of people thought he was some sort of profit sent to give knowledge and make everyone rich, gullible people believe what they want to believe rather than what's actually true.
hero member
Activity: 1246
Merit: 529
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Bobby Lee's prediction is silly,but what about John McAfee? Grin
Where is he and is he going to keep his weird promise? Grin


Good question. People dont talk about him anymore.

People don't talk about him anymore because all of the dumb money that actually listened to him has long upped and left. He'll come back to relevance in a couple of years, or whenever the next bull run is in full swing. Probably with his manhood in tact, not because of his prediction being right however  Wink

Lol who would believe he actually meant to eat his own weiner. The guy's trying to show he's that confident in his predictions which for me personally, is overblown. You won't feel him in this kind of market.
full member
Activity: 364
Merit: 123
Bobby Lee's prediction is silly,but what about John McAfee? Grin
Where is he and is he going to keep his weird promise? Grin


Good question. People dont talk about him anymore.

People don't talk about him anymore because all of the dumb money that actually listened to him has long upped and left. He'll come back to relevance in a couple of years, or whenever the next bull run is in full swing. Probably with his manhood in tact, not because of his prediction being right however  Wink
sr. member
Activity: 1400
Merit: 347
Bobby Lee's prediction is silly,but what about John McAfee? Grin
Where is he and is he going to keep his weird promise? Grin


Good question. People dont talk about him anymore.
member
Activity: 560
Merit: 13
where did he get 333,333  USD from??  Why people do not get it. As much as we love btc it has not been accepted  by mainstream investors and it does not have bigger usage then  being speculation tool and having people dump their coins on each other

Yes, that's really a big number as I have never ever aware about such news as it may go to 333,333 USD. But the prediction of current situation might be possible when comparing to the current market situation. Huh, a lot of diplomatic news are coming these days let us wait and watch for a while.
full member
Activity: 364
Merit: 123
It's funny how these orders of magnitudes looks impossible for us to contend with but we're repeatedly handed our asses when Bitcoin goes on to get it.

Yup. Bitcoin is the embodiment of people overestimating the short term and underestimating the long term. It's so prevalent here that I find it desperately tiresome.

You see it everywhere but since numbers are attached to this it's much easier to measure.

There must come a time when this doesn't hold true. Eventually the long term outlook will not perform close to as well as people expect.
for btc to be worth 333,333$ it means the total market cap for btc is going to be over 6 TRILLION $ . assuming some Alts will make it too even with 60% btc dominance then we are talking about 10 TRILLION DOLLARS.

should that happen which is possible , then the value of USD by then will have the same value of the smallest piece of a toilet paper as of today ( which is going to happen sooner or later anyway ).

Ever heard of market cap? That means there are very few actual dollars involved in creating such figures. It is indeed a very silly amount but it would not require more than a small proportion of actual expenditure to reach those figures. And according to him it's straight back down again afterwards.

The market cap reached nearly 1tn in the last bull run and that's without a lot of major investment so think what it can do if it gets big institutions on side.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
for btc to be worth 333,333$ it means the total market cap for btc is going to be over 6 TRILLION $ . assuming some Alts will make it too even with 60% btc dominance then we are talking about 10 TRILLION DOLLARS.

should that happen which is possible , then the value of USD by then will have the same value of the smallest piece of a toilet paper as of today ( which is going to happen sooner or later anyway ).

Ever heard of market cap? That means there are very few actual dollars involved in creating such figures. It is indeed a very silly amount but it would not require more than a small proportion of actual expenditure to reach those figures. And according to him it's straight back down again afterwards.
legendary
Activity: 2394
Merit: 6581
be constructive or S.T.F.U
for btc to be worth 333,333$ it means the total market cap for btc is going to be over 6 TRILLION $ . assuming some Alts will make it too even with 60% btc dominance then we are talking about 10 TRILLION DOLLARS.

should that happen which is possible , then the value of USD by then will have the same value of the smallest piece of a toilet paper as of today ( which is going to happen sooner or later anyway ).





legendary
Activity: 1526
Merit: 1179
I find it quite funny how these perma bulls quite often highlight the importance of a long term view, yet find it necessary to throw around with bottoms. Someone who isn't interested in the short term doesn't care about bottoms.

People genuinely interested to buy into this market for the long term don't mind the price to deflate further, because the lower the price is the more exposure they can get for the same amount of fiat.

Tim Draper is quite an enthusiast, but refrains from talking about bottoms because you can only lose here. Even if you call the bottom right, it's nothing to brag about since it's just a matter of luck. Keep guessing....
legendary
Activity: 2170
Merit: 1427
Why do Lee's always feel the need to predict the market movements? The Lee legacy isn't worth much anymore, thank Tom Lee for that. Cheesy

I always look at the TA hillbillies on youtube to have a fun time during these bearish months. How often can anyone be wrong and still continue predicting the price will all sorts of silly red and green lines, triangles, etc. In some cases you have to know when to not mess with the market, and that time came as soon as we broke the yearly support level.

There is a reason why these idiots keep uploading garbage to youtube, because their TA is pure bullshit. If it was so profitable they wouldn't be making an ass of themselves on internet continuously. All about the ad pennies and scummy memberships!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
It's funny how these orders of magnitudes looks impossible for us to contend with but we're repeatedly handed our asses when Bitcoin goes on to get it.

Yup. Bitcoin is the embodiment of people overestimating the short term and underestimating the long term. It's so prevalent here that I find it desperately tiresome.

You see it everywhere but since numbers are attached to this it's much easier to measure.
legendary
Activity: 2968
Merit: 3684
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Oh this is such good fun, agree with above use of "big scary numbers". $100 was big and scary, people lost faith when BTC fell all the way back to low double digits from there. Today, we're wringing hands at 4-digit Bitcoin because 5-digit was achieved. It's funny how these orders of magnitudes looks impossible for us to contend with but we're repeatedly handed our asses when Bitcoin goes on to get it.

Not an endorsement of Bobby Lee in any manner. He's still an idiot and he really looks like he's scraping the barrel with sextuple 3s...
copper member
Activity: 2940
Merit: 4101
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Quote
Lee is basing his math on the price of Bitcoin back in December of 2013

I usually like when it's based on maths because mathematics never lie, however, there is something different to consider. Between 2013 and 2019 a lot of things happened to Bitcoin, many more merchants, many more KYC, etc, everything is different, that's a lot of different parameters that he couldn't include on his "maths"

Quote
Lee sees a path toward Bitcoin reaching $333,333 by the end of 2021

Isn't he the one who said a few months ago that Bitcoin should be at $60,000 this month? Did he use different maths or?
$300,000 is $100k per year or $8k per month.... just saying
full member
Activity: 812
Merit: 142
where did he get 333,333  USD from??  Why people do not get it. As much as we love btc it has not been accepted  by mainstream investors and it does not have bigger usage then  being speculation tool and having people dump their coins on each other

It is nothing more than the joke that it will reach 333333. Though he just came up randomly and even if it reaches 10% of the price for next year people would be more than happy considering the present scenario where the rise is still expected and hot happening.
sr. member
Activity: 339
Merit: 250
where did he get 333,333  USD from??  Why people do not get it. As much as we love btc it has not been accepted  by mainstream investors and it does not have bigger usage then  being speculation tool and having people dump their coins on each other
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