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Topic: What makes this person from Goldman Sachs a expert on Bitcoin? (Read 489 times)

legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
she made a couple of predictions so far which were true:
- the bottom of the dip at $1800ish
- the rise after it
and now this.

although i am still a bit skeptical of all this because i have a theory that the dip speculation happened because it was famous and created expectations so it caused some sort of resistance around that price.
and the rise is obvious. price is going up with a lot of strength. you are not so out of place if you say it will go up to $5000 for example.

and when articles like that fill the internet again they make expectations. people expect it to go that high so the sell pressure until that mark goes away and appears when it reaches there. and market maker doesn't disapprove of this either Wink
Yeah, I noticed that too.  Methinks if one has as much dough as Goldman Sachs,  one can move the market and thereby make those predictions come true.  Know what I mean?   So I wouldn't poo poo this.  They may be disgusting pig capitalists,  but they didn't get that way by being ignorant of markets.
sr. member
Activity: 1008
Merit: 355
she made a couple of predictions so far which were true:
- the bottom of the dip at $1800ish
- the rise after it
and now this.

although i am still a bit skeptical of all this because i have a theory that the dip speculation happened because it was famous and created expectations so it caused some sort of resistance around that price.
and the rise is obvious. price is going up with a lot of strength. you are not so out of place if you say it will go up to $5000 for example.

and when articles like that fill the internet again they make expectations. people expect it to go that high so the sell pressure until that mark goes away and appears when it reaches there. and market maker doesn't disapprove of this either Wink

It is called as self-fulfilling prediction meaning to say that what happened is due to what others said will happen. And this is quite true with any type of market we have much more so with cryptocurrency where traders are always listening to the news including of the mainstream media and the many analysts who have the habit of spewing out their opinions on many matters related to Bitcoin.
legendary
Activity: 3472
Merit: 10611
she made a couple of predictions so far which were true:
- the bottom of the dip at $1800ish
- the rise after it
and now this.

although i am still a bit skeptical of all this because i have a theory that the dip speculation happened because it was famous and created expectations so it caused some sort of resistance around that price.
and the rise is obvious. price is going up with a lot of strength. you are not so out of place if you say it will go up to $5000 for example.

and when articles like that fill the internet again they make expectations. people expect it to go that high so the sell pressure until that mark goes away and appears when it reaches there. and market maker doesn't disapprove of this either Wink
member
Activity: 142
Merit: 60
Well, they keep updating their "prediction" every week after the fact.  I'd say that's what makes them an expert.
legendary
Activity: 889
Merit: 1013
They have Satoshi in a cage in the corner of their office and have done since 2011.

=D
hero member
Activity: 1036
Merit: 514
Only random guess based on charts??? Nothing for sure in the future but it's likely bitcoin could reach $5000 after segwit be activated.
She has been proven wrong; Bitcoin May Reach New High Over $3,600 , and will continue her misleading prediction.
Bitcoin price may won't fall down before November, when another hard fork planned will happen.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
They have Satoshi in a cage in the corner of their office and have done since 2011. Those pesky illuminati never miss a trick and they haven't here.  

And is it conceivable that the people who've taken giant surreptitious positions are slowly coming out of the woodwork?
legendary
Activity: 3710
Merit: 5286
Absolutely nothing.
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