Watch Tone Vays desperately trying to keep the price going down

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Quote from: pereira4 on June 24, 2018, 01:50:30 PM

The market has bottomed and this is how proper trend reversals look like, but Tone Vays, trader with a big following, claimed $4900 as the best case scenario for a bottom.

I predict that he will start FUDding as much as he can to not be wrong. He was wrong at $7500 being the bottom for 2017 (we know it was $20k) and he will be wrong with the 2018 bottom again, even if he did a decent job at predicting a bear market longer than a lot of other people were claiming.

He is always going to be wrong. Some of these guys that keep saying baseless bullshit and trying to look for probabilities of things happening so as to tell you they told you so. No one can predict anything at this stage, and I believe the market may still have more to come in terms of bottom.

One thing for sure is that however the market is going to end up playing out, only time and trend will show us. Even if we get to see any little uptrend now, we are still going to be forming a lower low and a lower high until we see otherwise.

ivrynx

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Well, i do not see anything wrong happening with what he is saying, first of all we should've known by now how to do technical analysis on our own as well as fundamental analysis, for some what he is saying might sound crazy, to some they keep in following him, but at the end of the day, it will be within our judgement on what we must do, not all of us had invested at the same time, i guess that will be a big part of your decision in the future, but if he is preparing for the worse to come, I doubt it, we should all have a plan already on what to do with our investments, whenever it goes up or down.

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Quote from: UnDerDoG81 on June 25, 2018, 12:45:15 PM

Never heared of him. All the same scammers.

He got pretty big when Crypto Twitter exploded. I think he was just in the right place at the right time. His TA methods are total crap, although I think he is decent at gauging market sentiment on BTCUSD.

When it comes to altcoins, though, he's in the "every altcoin is a scam" camp. When he says "this coin is a scam" you should probably buy it. When a coin is only big enough to get on his radar, it usually has room to run. Tongue

His haircut game is fucked up too, LOL.

European Central Bank

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Quote from: BitcoinNewbie15 on June 27, 2018, 01:38:02 PM

I don't think a triple bottom can be in play anymore. I believe this would be the forth time Bitcoin has touched/bottomed out at the $6k range. This would mark a quadruple bottom. I don't know if this is a bearish or bullish signal, but it definitely isn't a triple bottom anymore.

what's the difference between a bottom and a price area that sticks for a while? i see no reason why it's not going to shake off this point eventually and carry on down. same goes for up of course.

BitcoinNewbie15

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Quote from: pereira4 on June 25, 2018, 11:30:39 AM

Quote from: gentlemand on June 24, 2018, 06:19:11 PM

He strikes me as a bit of a silly sausage but it's awful premature to call a bottom. I don't think we're close to the point of maximum pain by any means, especially when there are so many shitcoins right up there. I'd be waiting until autumn before I was confident of a particular phase being fully over.

Well I agree, we might go under $5000.. but still, theres a chance we will not and we will be under a triple bottom scenario playing out and this would mark the end of the bear cycle.

I don't think a triple bottom can be in play anymore. I believe this would be the forth time Bitcoin has touched/bottomed out at the $6k range. This would mark a quadruple bottom. I don't know if this is a bearish or bullish signal, but it definitely isn't a triple bottom anymore.

Quote from: pereira4 on June 25, 2018, 11:30:39 AM

Remember that MOST PEOPLE DO NOT REALIZE A MARKET HAS REVERTED YET. When they realize, the price went way up and they missed the perfect entry point.

This is 100% true, anybody waiting for the perfect time to enter the market, I have some words of advice, take it from me... At the end of 2015, Bitcoin went back above $300/$400 finally. I was waiting for it to drop back down to $240 so I could buy more. It never did, that marked the point of the price reversing. If I would have boughten more anyways at $300, I would own a lot more BTC right now. Always remember hindsight is 20/20.

Quote from: pereira4 on June 25, 2018, 11:30:39 AM

This also doesn't change how HE CALLED $7500 AS 2017 HEIGHT!! Imagine you sold and miss all these gains. I doubt he will admit he was wrong on a sub $5000 bottom just like he didn't barely admit how wrong he was with the $7500 peak.

Tone Vays is no one important. Calling $7500 as the top was obviously way off, but then again, did any of us expect it to hit $19k? I doubt it, but I really wasn't reading any speculation during that time period, so I am unsure. I was just enjoying the holidays and the rocketing price. Tone Vays knows what will happen with the price just as much as the next guy. Lucky him though getting that extra $10k from Doug Polk.

vit05

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Bitcoin is all about fud and FOMO in the last months. LN is still something a little distance. We need something big to know about to where the price will go. Read just the graphics is not enough.

LeGaulois

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Nobody is making the correlation with Bitcoin Futures or is it just me? Because I believe there is something between the end of the Bitcoin Futures coming at the end of the contracts. By the way, any old Bitcoin enthusiast remember the 2013 period when we got the almost exact same situation with a big big drop? Then it came back with no problem but it took time.
I think for 2018 a ATH is out of the possibility now but maybe during the next year

hase0278

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Quote from: puremage111 on June 27, 2018, 08:45:31 AM

Anyhow as long as people are holding or doing dollar cost averaging, i presume market will stay for sometime instead of crashing lower

The problem is that people wouldn't do what you want them to, they do what they want and IMO we can see price crashing lower if they didn't hold.

Quote from: pereira4 on June 27, 2018, 08:43:29 AM

I would take the money and run tho, I don't think he is going to risk it, he will get the $10k win, but if he really believed in his prediction he would take the doubling bet.

I also think he will get the 10,000$ win not unless he is fool enough to spread another FUD(most likely) or FOMO to make his bet become true.

Quote from: European Central Bank on June 27, 2018, 07:14:24 AM

doug polk officially lost and is now proposing double or nothing at 3 grand.

He sure is pretty confident in his next bet for proposing double or nothing but I wonder how far he will go in order to win? Either way it is very likely that we will see their predictions contradicting each other if Tone Vays accepted the proposal.

puremage111

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Quote from: pereira4 on June 24, 2018, 01:50:30 PM

The market has bottomed and this is how proper trend reversals look like, but Tone Vays, trader with a big following, claimed $4900 as the best case scenario for a bottom.

I predict that he will start FUDding as much as he can to not be wrong. He was wrong at $7500 being the bottom for 2017 (we know it was $20k) and he will be wrong with the 2018 bottom again, even if he did a decent job at predicting a bear market longer than a lot of other people were claiming.

Tons of FUD players around the world, same towards skeptics but somehow they may be right
Anyhow as long as people are holding or doing dollar cost averaging, i presume market will stay for sometime instead of crashing lower

pereira4

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Quote from: European Central Bank on June 27, 2018, 07:14:24 AM

Quote from: tokeweed on June 27, 2018, 05:21:28 AM

He's prolly fudding cos of his prop bet with poker pro Doug Polk. Lol. The bet is if BTC goes below 6k USD Tone Vays wins, if it doesn't Doug Polk wins. The bet is for 10k USD.

I'm not sure what the terms are, but BTC already went below 6k a couple days ago. If Vays already won, maybe he can stop fudding now. Lmao.

doug polk officially lost and is now proposing double or nothing at 3 grand.

since this vays guy has been talking up, or down, his position for so long i doubt he's gonna give it up. and there's a still plenty of time left for him to be proven right.

Tone Vays has said that the best possible scenario was $4900, but the likely scenario is actually below that, worst case scenario being $1300... so the bet should have been $4900.

I would take the money and run tho, I don't think he is going to risk it, he will get the $10k win, but if he really believed in his prediction he would take the doubling bet.

European Central Bank

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Quote from: tokeweed on June 27, 2018, 05:21:28 AM

He's prolly fudding cos of his prop bet with poker pro Doug Polk. Lol. The bet is if BTC goes below 6k USD Tone Vays wins, if it doesn't Doug Polk wins. The bet is for 10k USD.

I'm not sure what the terms are, but BTC already went below 6k a couple days ago. If Vays already won, maybe he can stop fudding now. Lmao.

doug polk officially lost and is now proposing double or nothing at 3 grand.

since this vays guy has been talking up, or down, his position for so long i doubt he's gonna give it up. and there's a still plenty of time left for him to be proven right.

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He's prolly fudding cos of his prop bet with poker pro Doug Polk. Lol. The bet is if BTC goes below 6k USD Tone Vays wins, if it doesn't Doug Polk wins. The bet is for 10k USD.

I'm not sure what the terms are, but BTC already went below 6k a couple days ago. If Vays already won, maybe he can stop fudding now. Lmao.

Pursuer

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Quote from: pereira4 on June 24, 2018, 01:50:30 PM

claimed $4900 as the best case scenario for a bottom.

best case scenario for who?
of course if he placed his buy orders around $4900 level falling to that price is the best case scenario for HIM not for anyone else and not for bitcoin. $4900 is equal to 75.5% drop which is a huge drop and we have no reason for dropping that low. the rise to at least $6000 last year was a 100% solid rise and from there to $10k was also mostly a solid rise. you can't really expect all that to be wiped clean.

what you can say is that since the rise from $10k to $20k was not that solid and was mainly hype then that drop is justifiable. not the rest. so people coming up with these numbers like $4900 are talking out of their asses even if they actually happen.

pooya87

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Quote from: pereira4 on June 24, 2018, 01:50:30 PM

Tone Vays, trader with a big following,

you mean with a lot of "sheep", what's it called a "herd"? Tongue

Quote from: pereira4 on June 25, 2018, 11:30:39 AM

Remember that MOST PEOPLE DO NOT REALIZE A MARKET HAS REVERTED YET. When they realize, the price went way up and they missed the perfect entry point.

it is about the risk. yeah it may look like the drop is over and price is about to rise but can you be 100% sure that this was the bottom and the whales won't manipulate it anymore? of course not. if we lived in a perfect world without manipulation price shouldn't have dropped below $9k in first place.
this means missing the "perfect entry point" is better than risk losing money.

in any case most of them are already ready for entry. we just need some sort of initiative before we see another $2000 rise in less than 24 hours like this:

bbc.reporter

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I want to see a Tom Lee versus Tone Vays bitcoin bull - bear face off hehehe. But between them, which prediction is more possible for the year? I reckon Tone Vays' prediction.

UnDerDoG81

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Never heared of him. All the same scammers.

pereira4

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Quote from: vickybitcoin on June 25, 2018, 12:15:39 PM

Quote from: pereira4 on June 24, 2018, 01:50:30 PM

The market has bottomed and this is how proper trend reversals look like, but Tone Vays, trader with a big following, claimed $4900 as the best case scenario for a bottom.

I predict that he will start FUDding as much as he can to not be wrong. He was wrong at $7500 being the bottom for 2017 (we know it was $20k) and he will be wrong with the 2018 bottom again, even if he did a decent job at predicting a bear market longer than a lot of other people were claiming.

Predictions are mere speculations from a personal point of view either he got it right or wrong it does not really matter at all to me l. What is important is that the price will grow higher and stronger. That'ss count the most

Well it counts a lot to me specially if you are selling seminars and charging 0.1 BTC hourly rates for technical analysis lessons.

In the forum we are free to speculate but if you are charging money for your trades you better have a track record as good as possible otherwise people will start doubting your method.

vickybitcoin

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Quote from: pereira4 on June 24, 2018, 01:50:30 PM

The market has bottomed and this is how proper trend reversals look like, but Tone Vays, trader with a big following, claimed $4900 as the best case scenario for a bottom.

I predict that he will start FUDding as much as he can to not be wrong. He was wrong at $7500 being the bottom for 2017 (we know it was $20k) and he will be wrong with the 2018 bottom again, even if he did a decent job at predicting a bear market longer than a lot of other people were claiming.

Predictions are mere speculations from a personal point of view either he got it right or wrong it does not really matter at all to me l. What is important is that the price will grow higher and stronger. That'ss count the most

pereira4

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Quote from: gentlemand on June 24, 2018, 06:19:11 PM

He strikes me as a bit of a silly sausage but it's awful premature to call a bottom. I don't think we're close to the point of maximum pain by any means, especially when there are so many shitcoins right up there. I'd be waiting until autumn before I was confident of a particular phase being fully over.

Well I agree, we might go under $5000.. but still, theres a chance we will not and we will be under a triple bottom scenario playing out and this would mark the end of the bear cycle.

Remember that MOST PEOPLE DO NOT REALIZE A MARKET HAS REVERTED YET. When they realize, the price went way up and they missed the perfect entry point.

This also doesn't change how HE CALLED $7500 AS 2017 HEIGHT!! Imagine you sold and miss all these gains. I doubt he will admit he was wrong on a sub $5000 bottom just like he didn't barely admit how wrong he was with the $7500 peak.

LFC_Bitcoin

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Throw enough shit at a wall & some of it will stick. He’s no better or worse than any of us with our short - medium term price predictions.

Topic: Watch Tone Vays desperately trying to keep the price going down (Read 245 times)