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Topic: Tone Vays says target is 5000$ (Read 639 times)

legendary
Activity: 2898
Merit: 1823
October 16, 2018, 03:12:36 AM
#45
Is this the trade made from the analysis the OP is talking about?

https://twitter.com/tonevays/status/1051131445517975552

Quote
"As Promised, my FIRST & PERHAPS ONLY #Bitcoin Trade this Year.
Short 1 $BTCUSD at 5x Leverage for March 2019 Expiry. Full account Liquidation at $7,650 (above last swing high) -> Take Profit at $5k, Lower Stop Loss at at $5,750."


Was he was using Bitfinex for this trade? Then I believe his account liquidation was triggered yesterday! Hahaha.
newbie
Activity: 78
Merit: 0
October 16, 2018, 03:05:44 AM
#44
Tone Vays thought that $7500 was the top? Then he must have panic bought and did some FOMO after he sold. Hahaha.

Plus do day traders really listen to him?
What really happening now many speculation. My speculation is just simple what happened several years back would probably happen this year and that's my hgh hope because for sure the end of the year would be another excitement as what had happened last year.
Huge bump occurred just one time and that was in the last year. You are also waiting for such bump in the price these years, but I think it will not happen again. Now the demand is very low and with low demand the price will not go up. Manipulators also wonder and don’t know what to do because investors are withdrawing or converting their money to Altcoin.
jr. member
Activity: 77
Merit: 1
October 14, 2018, 02:39:46 AM
#43
Tone Vays thought that $7500 was the top? Then he must have panic bought and did some FOMO after he sold. Hahaha.

Plus do day traders really listen to him?
In my opinion the price will remain the same as it is today because if we observe the price increasing and decreasing and this situation will continue for more time till bitcoin not find more investors. Many investors disheartened and they do not want to put their investment in bitcoin due to huge volatility. When the market cap remains the same the price will also remain the same.
jr. member
Activity: 83
Merit: 3
October 11, 2018, 06:56:23 AM
#42
$1300 is not possible. It would be if we had fallen to $3k in June, but we didnt.

What I think it is possible is a $4800 bottom. However, this price wont last long.

Unless you are going to buy a full bitcoin, theres not much difference between the current price and $4800. Just remember that the ATH was near $20k, so even if you buy now, you are guaranteed a nice profit when we go back to the previous ATH.


Yeah you are right. There are many predictors who know nothing and give their views about the upcoming situation of the market. I think that investors should observe the market by themselves and never believe in predictions of people like Vays. In these days there is no or very little demand for bitcoin and that is the bug reason for no increase in the price.
sr. member
Activity: 1400
Merit: 347
October 09, 2018, 12:58:09 PM
#41
A pump to $8000 is not enough to start a bull market.

We need 12k to start talking about it. Also, it should be fast, in a matter of two weeks.


sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 09, 2018, 07:11:58 AM
#40
big pump on on 15th October  to $8000

cheers.
great. But in my view it's another bulltrap again for sure if the progress stop on that value within days like what happened before because of manipulation from big holders that always gain quick profits nowadays which is reason why growth rate always swing back after the small pump  . So much better to stay alert and keep monitoring the growth rate to ensured our profits is safe if however  that speculation happens  during 15th of October.  
Investors and traders are getting wiser from day to day, just in case that this pumped happen make sure that you have alternative plans just in case
the pumped accompanied by a massive dumped after, those whales who are enjoying riding with the news and keep gaining from a weak holders and
fomo investors are just waiting for the perfect timing to work inside the market.
sr. member
Activity: 2016
Merit: 283
October 09, 2018, 06:49:19 AM
#39
big pump on on 15th October  to $8000

cheers.
great. But in my view it's another bulltrap again for sure if the progress stop on that value within days like what happened before because of manipulation from big holders that always gain quick profits nowadays which is reason why growth rate always swing back after the small pump  . So much better to stay alert and keep monitoring the growth rate to ensured our profits is safe if however  that speculation happens  during 15th of October.  
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
October 09, 2018, 06:14:53 AM
#38
sometimes people do these things to gain possible points in the future. for example imagine for a moment that what if price did actually reached the price what OP is talking about now. he will come back and start taking advantage of that guess he made a couple of days back and pretend that his guess was legit and milk it as much as he can.

I have seen this multiple times so far. usually people go with predicting the price in a much more vague manner than OP though so that they are not giving it away and sometimes they even predict both ways (a rise and a fall for instance) to have the opportunity to say "I told you so" either way!

Yeah but the likelihood is against his prediction. He may gain some point in someone’s eyes but he will lose many points if the prediction fails. Although if that is the case, I suppose he won’t come back here.

well the only thing is that when this type of "guess" doesn't come true, everyone simply forgets the person who made that guess because he is only one in hundreds who were making such random guesses. for example do you remember those who were saying price will go back down to $200 back when price reached the ATH of that time at $1200? I don't remember single account names but I remember at least a dozen of them even using charts and tried to convince us that the chart of $1200 in 2017 looks exactly like $1200 in 2013 and price should fall down to $200.
Yes, I remember and to be fair I was one of them who was thinking that price would fall always, for me it was very funny when someone was saying how bitcoin would reach 10K next year and etc. Seems I was wrong, people who were dreamers in my eye, were 100% true. From this I learnt that I have to listen such people because in the end their predicts are true.
jr. member
Activity: 80
Merit: 2
October 09, 2018, 05:35:22 AM
#37

I don't need to watch the video. I'm used to seeing Tone's predictions and analysis as he is hell bent on BTC below $5k and even <$1300. Once expressed his wish/hatred to see ETH at $1. Left to me, I would leave the market to decide the fate of BTC. However the higher it goes, the better it is for the market

It would not matter much if you believe in crypto and its future gain. This all predication is just so that the market crashes and all such big investors come into play and will buy huge qty at lower level and thus with the rise they will make money and sell. Thus small investors will lose the money in process.

I never believed in predictions. These people have no idea about the future investment and price depends upon investment capital. If more and more people put their money in bitcoin, the price will go up and if there is no investment the price will ever go up. Predictors can analyze the current situation of the market but cannot guess the people’s mind.
legendary
Activity: 2814
Merit: 1192
October 09, 2018, 05:26:27 AM
#36
Tone is doing a very limited TA by comparing the last bear market, drawing fibonacci retracements on it, and moving those retracements onto the current chart.
This would work if that bear market was caused by the same thing as the previous one but it wasn't. The last bear market was started by Karpeles and his trading bot, this time there was no bankruptcy, no fundamental flaw, just a correction.
member
Activity: 490
Merit: 28
October 09, 2018, 04:09:59 AM
#35
Tone Vays thought that $7500 was the top? Then he must have panic bought and did some FOMO after he sold. Hahaha.

Plus do day traders really listen to him?
What really happening now many speculation. My speculation is just simple what happened several years back would probably happen this year and that's my hgh hope because for sure the end of the year would be another excitement as what had happened last year.
legendary
Activity: 2898
Merit: 1823
October 09, 2018, 03:06:54 AM
#34
Tone Vays thought that $7500 was the top? Then he must have panic bought and did some FOMO after he sold. Hahaha.

Plus do day traders really listen to him?
legendary
Activity: 1372
Merit: 1252
October 08, 2018, 01:53:38 PM
#33
Never forget that Tone Vays also predicted $7500 as best case scenario for a peak last december, needless to say it more than doubled his prediction... so he was off by a long shot.

Simply apply that situation again to the current bear market. We may have already bottomed, and these analysts predicting $5000 to $1300 are the overly pessimistic ones, similar to how they were overly pessimistic during the bull run.

I don't really care, im ready for lower prices may they come, the question is, are fiat bagholders ready to assume this may be the dip and they still own no bitcoin.
that is just the main thing and I have seen for so many reasons that listening to predictions like this over the years have always clouded a lot of people's judgment on what to do and what not to do. What anyone should be bothered about now is to have more money to be able to buy the dips when they come and having more money now to even buy more at this stage that we are in.

Personally, I have never cared either how low the market goes as long as I believe in the future and that is what counts the most. Trying to pick the right price or trying to imagine what the peak would be will only make you limit yourself somehow.

He is already backpeddling a bit by claiming that we may be stuck on the current price ranges for months, which I believe too, the difference is I don't ask 0.1 BTC an hour to people for that. We all know we may be stuck in the current price range or we may dip lower.

But what's funny is, we have BAKKT coming this november, if we get another FOMO and we really high soon his reputation may get really damaged after predicting $7500 as the 2017 top.
legendary
Activity: 2730
Merit: 1288
October 08, 2018, 01:30:25 PM
#32
Have you guys watched latest Tone Videos? He's very peculiar about all of it but predicts 5000 and maybe 1300

https://www.youtube.com/watch?v=gS1JQWtGaiM

You posted one hour stream. Who will watch all that?  Yes. he believes that price of Bitcoin will drop greatly and more then you put in title. But then i see you posted here also #1300. There is huge difference between $5000 and $1300.  $1300 will never happen. There are tiny chances Bitcoin goes under $4000 and almost none it will go under $3000.
sr. member
Activity: 1400
Merit: 347
October 08, 2018, 07:54:31 AM
#31
$1300 is not possible. It would be if we had fallen to $3k in June, but we didnt.

What I think it is possible is a $4800 bottom. However, this price wont last long.

Unless you are going to buy a full bitcoin, theres not much difference between the current price and $4800. Just remember that the ATH was near $20k, so even if you buy now, you are guaranteed a nice profit when we go back to the previous ATH.

full member
Activity: 812
Merit: 142
October 08, 2018, 02:40:05 AM
#30

I don't need to watch the video. I'm used to seeing Tone's predictions and analysis as he is hell bent on BTC below $5k and even <$1300. Once expressed his wish/hatred to see ETH at $1. Left to me, I would leave the market to decide the fate of BTC. However the higher it goes, the better it is for the market

It would not matter much if you believe in crypto and its future gain. This all predication is just so that the market crashes and all such big investors come into play and will buy huge qty at lower level and thus with the rise they will make money and sell. Thus small investors will lose the money in process.
legendary
Activity: 2898
Merit: 1823
October 08, 2018, 02:01:42 AM
#29

I don't need to watch the video. I'm used to seeing Tone's predictions and analysis as he is hell bent on BTC below $5k and even <$1300. Once expressed his wish/hatred to see ETH at $1. Left to me, I would leave the market to decide the fate of BTC. However the higher it goes, the better it is for the market

Do not listen to Tone Vays. Him and some Bitcoiners' level of Bitcoin maximalism has become so absurd that being the same kind of Bitcoiner as them would be like joining a cult.
legendary
Activity: 1229
Merit: 1001
October 07, 2018, 03:34:12 AM
#28
5000 is not impossible or even lower just save some usd to buy back more cheap coins
sr. member
Activity: 588
Merit: 254
October 06, 2018, 01:19:47 PM
#27
Have you guys watched latest Tone Videos? He's very peculiar about all of it but predicts 5000 and maybe 1300

https://www.youtube.com/watch?v=gS1JQWtGaiM
I think $5000 is understandble but $1300 is what I disagree.  We have not see the bottom yet and bitcoin need to get there before we could see another bullish trend.  The market has been in sideways and a break out on both side may push bitcoin in either bullish or bearish directions.
Anything is understandable, it is speculation and for what it is worth, I really do not care. It is the future, no one knows it, the market can decide to go lower than $5k, or $3k or even get as low as $1300, the most important thing is that this gives me a chance to keep buying lower as that is what is most important at this stage.

It all depends on whatever anyone decides to do with the information they have, but what is important the most is to focus on the long term and take advantage of the present moment. If Tone Vays says it is going to be $1300, which is his cup of tea as it changes nothing and it is not like anyone can really tell what the future holds anyway.
Being a student of the cryptocurrency I learned that markets are tried to be speculated by many people at different time. We have been listening to it plenty of the time when some so called experts talk about the pump and others of dump. Which mean that there is a possibility of both to go high or to drop down. I think these things shouldn't be trusted without a proper analysis by self. Listen to everyone but make your decisions by your own. After all it's your money and no one is going to pay for your losses.
hero member
Activity: 1134
Merit: 515
October 06, 2018, 06:43:30 AM
#26
Never forget that Tone Vays also predicted $7500 as best case scenario for a peak last december, needless to say it more than doubled his prediction... so he was off by a long shot.

Simply apply that situation again to the current bear market. We may have already bottomed, and these analysts predicting $5000 to $1300 are the overly pessimistic ones, similar to how they were overly pessimistic during the bull run.

I don't really care, im ready for lower prices may they come, the question is, are fiat bagholders ready to assume this may be the dip and they still own no bitcoin.
that is just the main thing and I have seen for so many reasons that listening to predictions like this over the years have always clouded a lot of people's judgment on what to do and what not to do. What anyone should be bothered about now is to have more money to be able to buy the dips when they come and having more money now to even buy more at this stage that we are in.

Personally, I have never cared either how low the market goes as long as I believe in the future and that is what counts the most. Trying to pick the right price or trying to imagine what the peak would be will only make you limit yourself somehow.
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