Today I read this news:
Bitcoin Price Drops Under $10,000 as Downtrend Continuestoday the news had something very different, something shocking, I do not know if was intentional, but today the news had this:
look at the photo
days ago an analyst made a very exaggerated price forecast (something that became very common in recent years)... he said this:
BTC could return to its all-time high of $20,000 within one to two weeks, while $50,000 to $100,000 could be achievable by the end of 2019
the guy who said this is @Simon Peters (eToro analyst)
the price is falling a lot and when I see this forecast, I get more angry with those analysts who only make the wrong predictions (their predictions seem like a big joke)
week ago I read something very ridiculous, this thing surpasses all the most ridiculous things that I have seen, with the price drop... I remembered this ridiculous thing that I saw a few weeks ago, here is the ridiculous thing:
The Bitcoin time-traveler was right since 2013, and predicts $100K for 2019We have a
time traveler.
current price
1 BTC = $10 268,65 USD (
-6,99%)
today is July 2, this means that there have little time for the end of year
I do not believe that someone is able to travel in time and the guy made a very ridiculous prediction
What next?
read it twice and relax....
i will sum it for everybody the top minds dismiss price movements because to say crypto will die or will not grow its like saying the in of the world come, this tech going to eat everything but everything the future is decentrlized tech mixed with distributed tech... and was predict long ago buy smart people...== holders,,,and analyzer sharp logic mind 0ver come and bend any feeling...traders are the ones that dont dissmiss price movement there where they do money...but they will never retire and most of the dumb and relay on lines on graphs like support and resistant which is huge bullshit washed all the traders, the smart traders they are holders...but they know also where price go by few simple factors...and its not lines on graphs hhhhh how the hell lines will tell you where things is going up???
but people are not learn and not educate them self in several verticals and other important things and to have sharp logic which know to analyze and look to the future not predict it but see it...for example
decentralized tech=before peer to peer file sharing there was centralized tech
cenentralized tech=here computer a and computer b,c,z,f and other around the world was downloading everything from few central servers which was holding mp3,info,software, and so on ....and the governments pretty fast shut down this servers then people create decntralized tech called peer/computer to peer/computer which now they need to shutdown more then 500 million private computers which upload and download between them without central servers
after this explantion we know from where bitcoin come from peer to peer file sharing and all this lead us to that some people new that peer to peer will take over the world its not prediction its will happen,,,the same with peer to peer money....it will take over the world...mixed with distributed tech
its not about to be prophet and its cannot explain more simple some minds know this and that will solve this before it even know to few people not main stream....like file sharing
search on google decentralized vs distributed