Topic: Who makes such predictions? (Read 1290 times)

it's called prediction for reasons and having high chance of turning out to be wrong is most certainly one of them. otherwise if the prediction always right i'd call it insider info where usually it could make you rich, otherwise these prediction will always have high chance to fail.

Speculations doesn't mean it will happen that's why predicting the market is not really a thing and of course doing such predictions will only go both ways, it could be right or wrong. Despite all that, crypto market will be alive in the next future of generations and it would a great indications that bitcoin will become scarce and price will be high than gold.

We have been in a bear market 1.5 years or more so what seems like pie in the sky predictions, aren't really that far off in a bull market. 0xMR 10usd, XRP589 usd, UTNP 1000 usd, Q Blockchain 3.3 usd all are reasonable predictions. Fantom is a good buy too at these prices and I predict 10 usd.

Good things about here in this industry that the unexpected things happen and that's always crypto is, a very unpredictable industry. No one can predict the market flow that's why we can only speculate what comes next but it has 50 50 chances to it. So, it is better to DCA and hold than to trade which is more stress and a time consuming.

Everyone must also understand that certain predictions are analyzes that are very likely not to be in accordance with the situation at the time. but everyone is allowed to make predictions and no one forbids it, it remains only whether the predictions can be accepted and followed, it all depends on the individual.
Many analysts also do this with the aim that what is predicted can be correct and followed by many groups, because with correct predictions there will be those who are able and willing to make their predictions a reference, although this does not guarantee that every prediction will always be correct.
but sometimes the predictions will be used as a comparison in every step that will be taken, because you can already trust them.

and we are all free to predict and speculate , we can share those also to others but it doesn't mean that we must be followed because we are not calling for them to lose money but just to use the prediction as guide for their investing.
many others had following someone like me who follows those experts(in my opinion) but not totally taking their advices but uses to find my own way to invest.

Well Luna shows another experience and learning to all , there are so much losses in this project that needs to be addressed .

Now about BTTC? I think OP is just asking for something or someone who can give a good views because the predicted is exaggerated and sounds like another form of luring to scam people.

I believe that we must not believe or seek for too much profit because this will only add chances to be a loser.
but prediction either TA or guesswork are both prediction right?

It only becomes hilarious if the prediction are unrealistic anymore or they add elements which are hilarious but there are also predictions which are serious. They take time to analyze the market, use different tools, listen to the news and others only to come up with such prediction. It can be worthy to follow a prediction like that if we are not confident on our own prediction.

Getting one correct prediction is not enough to call themselves an expert but they may need to have more accurate predictions before the public can confidently trust them. Anyone can make a prediction and there is no rule that each prediction must be accurate so hilarious and fail predictions are not a big deal.

actually these price forecast guys make price forecasts based on technical analysis, the problem is that they make strange drawings on the charts and draw conclusions that the price will go up a lot in 1 year, I suppose they put candles from 1 month, and this way it is possible to see the price movement for 1 year, for example:



based on the 1 month chart if the price breaks $23,500 it could reach $32,000 and if it breaks $32,000 it would easily reach $39,000, the forecast is not something with 100% certainty, so it has errors, sometimes if it is right and in others it is wrong, but using technical analysis it is possible to reduce errors in price forecasts, unfortunately we are not in a good economic situation worldwide and this has affected the price of bitcoin

I never believe in any of the predictions related to crypto prices, because the majority are based on guesswork and not technical analysis. however assets that have prices based solely on hype, must be avoided so as not to cause losses in the future.

Crypto predictions are hilarious.  There are a zillion of them and the ones thelat coincidentally hit one boasts about being able to predict the crypto market.  This is one market that is dam near impossible to nail because there are so many singular factors that can alter a price trejection.  They are rediculous and just leave it as that, comedy.

if we are easily influenced by people's predictions, of course in the end we will experience panic, therefore of course personal predictions will be better, even though there are influential people who say a prediction that might be different from us, of course this is only a consideration for us to formulate an analysis personal. because many of these predictions did not come true in the end, and that is a natural thing. do not let us be trapped in a situation of uncertainty, because we do not have a personal stand

agree with you, that everyone admits to what Elon Musk did, he could do that and many believe that he was able to boost Doge. but then everyone can guess and know how to do it, because when the doge is down and indeed the market situation is not good, he is unable to boost it. manipulation can be done by people who have power (followers and wealth) but when the market situation also supports it. If not, it will be difficult, besides wanting to pour out the funds to do support, not to be like Elon because he is a businessman, what he thinks about is profit.

as anyone can give their prediction, it is up to you how you will attack such speculations. at the end of the day, it is your money and how you will use it is all up to you. some are spreading overwhelming predictions just for the sake of spreading it, and most of them are holders so they want the community to talk about such project to their own advantage. a lot of people are not educated with their coins that they are holding, so they can easily be influenced by what they are hearing or reading.

Prediction is an integral part of the market. Anyone can make a prediction and most of the free market will decide.  Is there any basis??? 30$ at 2050?  which is always a common situation in the altcoin market these days .  Although, BTTC has a single integrated platform for decentralized data sharing and was recently acquired by Tron.  The development of cryptocurrency is highly competitive, relevant, user needs change constantly, with a series of utilities of bttc that will compete with Filecoin, Arweave.  There are also quite a few other new projects with bigger prospects like ETNY.  I think the door has just opened to the space for Web3, where decentralized data is worth expecting a new boom.  But don't exaggerate Imo

Most of the people in the crypto world started to learn that they have as much to make as the whales who can manipulate the market. They can turn their 100 million into 150 million, you can turn your 100 dollars into 150 dollars.

This is why they do not let themselves get manipulated anymore, and they do not sell when it crashes right away, and they wait it out, which means that when the price crashes, whales want you to sell for cheap, they do it first to crash it, but then they let you sell to crash it even harder and buy from the bottom. Many people figured this out long time ago, including myself, and we just buy at the bottom like they do and wait.

That is if the manipulation is successful but at all times it isn't because it's not easy. You need power to do it (money and fame). Elon musk must is an example of a successful manipulator and the coin that manipulates is Dogecoin.

If you are not new in the market then you will know that manipulations are not a good thing and its risky to be involved in but there will always be newbies that will constantly enter and they are the ones who are the target of the manipulators. All of us that are involved in cryptos are able to make such predictions and to make our predictions more precise, we apply technical and fundamental analysis with it.

Such long-term forecasts have no value, since it is very difficult to imagine what the world will look like in 30 years. And such forecasts are made for the sole purpose of attracting a lot of attention to themselves, since it is impossible to verify the correctness of the forecast.

Indeed, what is done by manipulating the market is part of a plan that is intended to be carried out so that what is desired can later be achieved and the results obtained will be obtained. but now everyone is smarter and can't be manipulated like that anymore, because information is widely scattered and we are able to sort out which one can be trusted or is deliberately looking for a momentary advantage.
but we cannot avoid such things because it has become a common thing, they do it for well-planned intentions.

we can have our own prediction mate , we are entitle to have or make our own but not to lure others but to let our self find better solution when there are dumping market like now? better to accumulate more than selling .
who else will support the coins we are keeping? of course it is us mate  

like me , I am proud and hoping pump from my folio and yes trying to lure others buying those for the event coming like Halving .

One of the biggest mistake for one to commit or experience on on where they do really make theirselves easily believe on things which arent really supposed to believed on.
Yes, its not bad to pick up some potential good projects or those they were trying to call it hidden gems or projects in the market which could possibly make you rich if you do hit
up the right spot but this isnt always end up happy but rather on a disaster.This is why choosing those low caps doesnt really give out that kind of guarantee
or shall i say that you arent on the safe side.Its better to stick up with Bitcoin most of the time.

People love to manipulate markets its all about profits you know. Every coin holder I know in my office praise coins they hold. It can be good altcoins like Ethereum as well. But most people I see dream about hitting a million dollar level so they buy cheap low cap coins, they encourage others to buy that nonsense coin they picked from Twitter or something. Twitter especially lets people to do many weird claims indeed. Its manipulative place.

I think there are really predictions which came true but the rates of it are only low. It's a mixture of people use different types of analysis while there are some who just call out a random number. It doesn't mean that they are a good at it but they are just lucky so never rely on anyone even if they have an experience because the results can always change the next time they make a prediction but it will be better if we will just rely on our own.

At least if we lose, the feeling won't be that hard. We can't also hurt the feelings of other people if we are a type of person who easily gets annoyed and then likes to blame someone or something else.

When we talks of speculation or prediction it's very common for you and I or even possible any other person to come out and post about what they sense and feels would likely happened to a project and coin in the future. They aren't basically saying it would but may likely happened and if eventually such takes effect then they all claims to be expert in speculation.
Now let's' come to think of this, 2050 which is about 27 years to come including your actual age how old do you think you would be before pulling out your investment if at all leaving your investment till then.

That is the truth, there is really no true prediction and everyone is making it up from their minds and they just act confident so that you would trust them. The reality is that we are not going to end up seeing anything good regarding that, it would not be really a good thing to go on if we just focus on this alone, predictions of some other person is not something you should focus, it is not real and they simply made it up.

I know it is not something you would want to here, or anyone want to here, but the person who looks like they know what they are talking about is making it up as much as I can randomly say something about the future, same logic behind it.

For a very long time when I was first getting into cryptocurrency, I always trusted in the predictions made regarding projects. Making me believe in fate, but as time passes, I sometimes start to realize these are merely false predictions meant to attract investors to their project.

It is hard to predict an altcoin's price in the future; the longer you wait and hope the price will soar, the more upset you become with the price. Predicting the price of volatile assets you have no control over their crypto market value is absurd.

It seems that if you are a smart investor or trader, you will definitely not believe anyone's words or analysis. Instead, you will do your own analysis and research to be able to optimize a decision calculation or belief.
If you only follow other people's invitations to believe in their analysis, I make sure that even an investor who has been in the cryptocurrency world for a long time will lose all of his assets and it will be impossible to achieve success.
There are many ways and strategies for predicting and analyzing the price of a crypto asset and we can learn them so we don't have to follow other people's predictions.

hahaha yes I agree with you, they just talk casually, I don't know from what angle they analyze and predict like that, it seems I have to learn from that , 30 years is not a short time, too long for an entrepreneur and investor, too long for us to enjoy,
Yes, that's right, sir, don't get hung up on other people's speculations, let alone speculations that are perfunctory and without historical evidence.

This is correct, people need to learn to tell the difference between a legitimate prediction and a shill attempt, a real prediction will have some data which will backup the prediction, also the prediction can only be relatively specific on the short term and when we are talking about the long term then it will have to be in the form of a range, for example when Satoshi predicted the future volume of bitcoin he said it will have a huge volume or no volume, basically giving no assurance that the project could succeed but rising the possibility that it could do so at the same time.

Exactly, social media has many good aspects but it also has a lot of cons that we cannot ignore, people assume that just because someone has a lot of likes or followers that somehow that makes their opinion more valid, and this is not true, what matters is the expertise we have and how this is related to what we say, so someone that is not an expert trader or investor has no credibly at all regardless of how many followers they have, in my opinion this should be incredibly obvious but for some reason many people ignore something like this.

Many influencers on twitter always make predictions about the market, whatever technique is used will never be able to accurately guess the market conditions, what we do is simple, namely buying coins and then holding and selling just because we have made a profit.

Utilities have become the main question for BTTC. The redomination from BTT supply has been creating so many questions. I doubt this token will able to make it. BTT has a good start but it has ended to be a worthless token for now.
Im not also interesting with this token. Huge supply, no utility and pure only rely with the hype. that's why i consider BTT as a bad token for now to be used as investment.
The way BTT being developed is not the same like what i have expected.

This is correct, someone that does not have the confidence to follow on their own predictions needs to stay away from this market until they have the necessary knowledge and skills so they can make their own predictions, now some may think it is way more effective to just borrow the knowledge of other people and follow their advice, however as you state those giving that kind of advice like influencers only care about themselves and they do not have the best interests of their followers at heart, and as such it is a huge mistake to follow their advice.

Basically, anyone's predictions are not a guarantee and it will be more fun to discuss,
especially if someone predicts without doing research and analysis I think we have to be careful,
must be wise in using social media and that is important

Maybe ethereum can survive for that long, but I am nowhere that confident that can be the case, the transition to become a POS coin is a huge experiment, and while it seems that everything is going well and there is no risk of a catastrophic failure we do not know how well it will perform over the years and decades, after all we know POW is way more secure than POS and eventually this could create additional risks for ethereum over the long term that we are simply unaware as of now.

I really think there is a big difference between a prediction and a guess, a guess is simply something you are feeling at the moment it could happen and there is no basis for it, you just believe this is going to be the case and that is it, however a prediction needs to be based on facts, obviously a prediction cannot be ever be perfectly accurate but it should at least have a decent chance of happening, an example of this is the weather report we watch each morning, it is not perfectly accurate but it is based on advanced mathematical models and it will have some degree of accuracy.

that's why its called prediction , because no one really knows , if it is a assurance then it si not prediction instead the truth .

and besides we are free from predicting or listening , but best to never rely completely from  those  because it is our money , and we will lose everything from small mistakes if we will not do our own researching .

it's 2022 and to reach 2050 have to wait 28 years...
very unreasonable, one can predict prices up to 28 years in the future, but basically everyone is free to predict price simulations in the years to come because a prediction can be wrong and can also be right...
We see the fact that looking at the current price it is impossible to believe because it touched 1$ dollars when the BTC market recovered it was already high

It should be obvious they are not really thinking long term when they make their predictions because if that was the case then they would have taken into account the points you are bringing, they only care about trying to generate hype for the coin in which most likely they are invested, but their attempt is so transparent that anyone that has been in this market for any amount of time will be able to see through their lies, however newbies are not so fortunate and they may end up believing their lies and invest in such a useless project.

BTTC has been dumping so hard even it has a new supply. The only problem is how hard to predict the market. People are always believing in what they have bought. Im not feeling doubt that if people will expect the price to go up again as fast as possible. I remember when BTT has entered into the top CMC but it was going down after people realize if it's lack of utilities and tron team was also a shady team

these price predictions get to be funny, at least to me they get to be funny for the following reason: when these guys make price predictions, they just tell you that the altcoin technology or function that is attracting people today will be the same as will continue to attract people 30 years from now, they are simply deluding themselves that there will be nothing better coming from another project in the next few years and for that reason they are confident that in the next few years the altcoin they bought will reach 30$, I I'm wondering if the fact that they bought the altcoin causes them to make exaggerated predictions for more people to buy and they make high profits with big increase in the altcoin they bought or are they just making a mistake in the prediction? The fact is that one cannot think that in the future there will not be altcoins with better technologies, so when forecasting the price of a currency, it is more prudent to always add the fact that better currencies may emerge and these current altcoins will fall a lot. price

predicting is normal , it is indeed that there are close predictions and also those who can analyze the market and can give good on those but with such huge predictions? it is more of speculation than predicting because where can those people get that amount? the numbers is indeed too high that I dont believe may come true or at least with impossibility .

Those behind that predictions aren't aliens 👽, they are humans like yourself so believing them is a complete joke, many expected BTC to reach 100k before it come down and they failed to take profit, now many are expecting BTC to reach 10,000$ before they buy, you plan your own strategy yourself, either it works or not its your problem but greediness used wrongly is always a bad strategy.

How can we be honest if we also don't know what will the future look like? Don't tell me you are different because you won't still be believable. You also look biased there when you say that bitcoin is the only coin that will remain in the long run. What about Ethereum and other top cryptos?

They are strong as well and I think they can be able to run for a long time. What defines a baseless speculation is that you speculate on something without any basis (obviously). One example is already given by the op but for eth? I can't say that since eth is a coin with strong fundamentals. Overall, it is still up to the person if they will take what they hear seriously or not.

Sometimes it's things like that that make it fun because it brings unexpected things,
predicting or speculating is part of trading,
predictions are also followed by debate and it's nothing to worry about because it's normal

maybe in the future? who can tell right? but it is exaggerated in my part to wait or look for this to happen.
but the numbers are too good to be true and seems to be that impossible to happen at a given time.

anyone has entitled for their opinion and prediction mate , we even have our own but we chooses to keep silent because we knew that there is no accurate on that part but those people that manage to release their words has their own rights as well.


but this does not sounds closest to what may come in the future lol.


the prediction is over and so much to look at , it seems like  a GEM to expect this one .


.

It's what makes speculations fun, Predicting what closest price we are gonna end up on a certain span of time. It might be a realistic or too unreal but we based those number on the facts that we know and getting closer to our prediction and having some debates and insights also makes us knowledgable. Speculating is fun especially if we are anticipating on it.

If we are honest the only coin that we know is going to last until 2050 is bitcoin, no other coin comes to my mind when I think about such a long time frame, now there are a few other good coins out there like ethereum, but even ethereum is not a sure thing as a lot could happen during that time, so we must disregard those predictions as what they are, baseless speculations, and ignore them as there is no point in taking those predictions seriously.

There seems to be no way of knowing how long a cryptocurrency will last in its early stages, or how long it will take to bounce back after a crash—we also don't want to predict these things to be relatively speculative. There are many different factors that could potentially contribute to any of the possible outcomes and even if one factor increased, the other might decrease in return. Moreover, all of these findings are highly context dependent, making them difficult to generalize universally.

Well Luna shows another experience and learning to all , there are so much losses in this project that needs to be addressed .

Now about BTTC? I think OP is just asking for something or someone who can give a good views because the predicted is exaggerated and sounds like another form of luring to scam people.

I believe that we must not believe or seek for too much profit because this will only add chances to be a loser.

If you ask who made those predictions, the answer is people trying to give hope to others, whether it's a false hope based on their imagination or a genuine hope based on their analysis. But after all, no one knows how to continue a project in the future, whether it is still running or will be lost because it cannot compete with other projects. So you don't have to worry about who makes the predictions because everyone can make predictions based on what they know and then share it through social media. And we know that social media is a powerful tool to help us spread what we want.

Predictions without going through analysis and research are just bullshit,
if someone's prediction is correct I think it's just luck,
The most important thing is not to get hung up on other people's predictions

a lot of predictions published and as if they were professionals. but in fact no one knows for sure the truth of that prediction. therefore predictions from ourselves that must be our guide in moving, of course, do not rule out the predictions of others, we can only make comparisons with our personal analysis. many signals circulating from free to paid, but in the end no one is justified in their predictions

Its very common and ever since before there's a lot of people claiming there selves as an expert so that's why everytime i saw some prediction around in the internet i never fell and always make research instead to figure it out the real situation.. To good to be true. 

On the other hand, if these experts are able to convince me that this BTT token will last until 2030, I will buy it now. It doesn't have to be $30 at the time but as long as they can guarantee it will last until then. We don't even dare to say whether we will be alive tomorrow, I don't understand why they make such firm predictions. Almost all experts, I'm sure they don't hold those coins but how can they make such fanciful speculations? so there's no reason to waste time listening to them say such things.

Yes, I know that's why I think many people are always experimenting to analyze prices beyond the limits of their minds, it sounds funny and strange, especially since they will associate it with a drastic increase in the price of Dogecoin which reached $1 at that time, so people are free to go wild to equate moments like that, but unfortunately they didn't wake up from their dream

Even a whole cent sounds unlikely. While Bittorrent (BTT) was theoretically reformed/updated in 2018 by blockchain platform TRON and has integrated a few new features, it still doesn't serve much purpose. Originally, it was abandoned by its developers until it was taken over by Tron Blockchain. From a short summary I've read, in theory at least, it doesn't sound bad. You can even earn BTT for downloading torrents. I tried it, but it wasn't worth it. Plus, I rarely download torrents anymore. However, I believe that torrenting has started dying down after actions were taken against piracy, leaving the coin with little to no purpose.

It is also important to remember that we live at a time in which anyone is a keyboard warrior and they can say whatever they want about any topic in existence and there are no negative repercussions for whatever they say, so it is very easy for people to grab a computer or whatever device they have available and make outrageous predictions about what it may happen in the future, when we know that is impossible to do something like that, so the best thing that we can do is to ignore them because their opinion is worth nothing.

actually nothing is impossible for crypto but if the prediction of BTT for $30 is clearly very unlikely and reasonable it's beyond human reason, unless Dev buys and burns it it might happen until the supply decreases to 10 million BTT, but it's also very unlikely

You could buy now if you think you will still be alive by 2030,  I guess you are lucky to benefit as the price will be 0.06$, that's still worth the wait. You can also prepare the tokens for your kids as their birthright. I don't really see the use of BTT and why investors will be interested in it since even when we don't have BTT we still can download torrent files.

Doge took almost a decade to reach $0.01 but this is because Doge has been the longest-used coin we are betting on in casinos. Doge because useful while BTT isn't.

well that is why it this market become more exciting and supported from people who loves to take risk because of the nature of this market .

the more you speculate is the more you may earn or lose.

or? maybe they are holding different coins and just exaggerating things for other coins?


data cannot predict itself because there is no one can assure what will be for tomorrow or what is coming for the long term .

While I have my doubts about Luna Classic, it reaching $1 sounds way more probable than BTT's predictions coming anywhere close. Honestly, while I'm totally against Luna and Luna Classic after the whole incident with UST depegging and Luna crashing, I regret not buying some more, because I also believed that at some point it would be hyped.

I'm not going to spend a single penny, investing in Luna seems way too risky. I've only bought a few thousand for a few dollars, and those will be the first and last ones I've acquired.

i think there is no regret for lunc, if talking about regrets i believe you will have more regrets than that
if lunc hasn't pumped in the last few days then you might think that you are lucky,  you are wise not to invest in that damn coin at this point in time
the market is unpredictable, if you can't take more risks than others, don't expect to have more opportunities than others, simple as that, and our chances are still a lot, no regrets

I little having some regrets because i didnt buy on the dip because i never intent to touch up those projects which had been connected with those scammy devs but just as expected that even shit projects

do really have chance on getting those pump value because of being hyped which is something not really that surprising.This is a speculative market which it wouldnt be surprising that it would really

be having this kind of behavior where price cant really be known in terms of its direction or trend.Its not bad to look on others analysis but its always been suggestable
to stick with your own and never ever rely on others.

Since it got hyped, LUNC is being speculated to reach $1. Their hypesters and diehard believers will always say positive predictions about that coin because they owned lots. Even without properly backed support for why it will reach $1, the hype is hype.

The same on other coins, predictions always come up either with proper analysis, just hype, just believing, just hope, etc.

If we will buy it or not, it's up to us.

Still, even before Elon's involvement, Dogecoin's price was still high for what it is, a meme coin with an unlimited supply. I remember owning a few thousand when it first appeared. They were worth $5–10 at most. Unfortunately, I sold them when the price had plenty of zeros after the decimal. Even the current prices are extravagant for what Dogecoin is, it serves no purpose, apart from it being used in gambling, perhaps, I can't think of anything else. The interesting part is that it's currently sitting in 11th place on CoinMarketCap, with a market cap of a little over $8.5 billion.

I certainly see your point of view. In my opinion, BTT, in this case, is highly unlikely to ever see such a hype. I recently saw speculations about Luna Classic too. There are people claiming it could possibly reach $1. I don't see it happening, but I understand that the cause of such predictions varies (efforts to hype a coin, purely fictional, or an attempt to motivate holders).

Cryptocurrency market is unpredictable and crazy.  I also believe that was an exaggeration, but who would think in 2009 that Bitcoin will reach its price today?  Bitcoin is literally $0  way back in 2009 and $0.4 in 2010.  I am not saying BTT will have the same fate as Bitcoin but I am just stating a fact about how unpredictable and crazy the cryptocurrency market is.

But in seriousness, no one will believe if a person predicts a cryptocurrency price 30 years from now.  Because that statement is speculation at its best.  But it doesn't hurt to hold some BTT, around $10 worth is good IMO since that amount won't make us broke.

Since Doge been hyped by Elon that makes it’s price too high even it is just a meme coin, we can’t really tell upto how much the coin can be since there are influencers who might use their position to give coins some impact. When it comes in other coin predictions it’s hard to tell whether they can get some spotlight unless it’s already trending. Predictions sometimes made by experience market experts but it’s still our decision to check their basis and if it have some potential. At the end of the day it’s our money at stake so we should be careful whether to listen to the predictions or not.

Exactly, the words say it all. Pure speculation.
There are some people who are telling it just for the sake of hype or manipulation of some people so they can make some money from it.
Predictions are not 100% guaranteed, sometimes we can consider it as luck but predictions with evidence or basis are more reliable for me or much better to believe in.

Don't make yourself believe these people who claim themselves as an expert. In fact, it was you who can decide and even have the right to ignore their speculations. I would have to say that you have believed in yourself because people will not stop speculating what will happen next. Whether it was right or wrong, perhaps most of the time it was wrong, it is our discretion to agree or disagree with it.

You don't need to be surprised because some developers are doing this by hiring influential people to create such things in order to gain attention and market hype. That seems to be a market strategy.

It is still a meme coin and even the creator himself said that he created the whole thing in 2 hours as a joke, even he didn't expected it to go this long. I understand the early days because it was used for fun stuff, not really for investment, like lets sponsor a nascar driver etc etc type of stuff and that was a good joking period with like Jamaican bobsled team and so forth.

However, this late one with Elon Musk never made sense to me, it is still a joke but there are people who think it is a very good investment, that is a bit of a trouble. Using it and spending money for fun is one thing, but expecting it to go up and make you rich is a big danger to many people.

It is funny, isn't it? Who would have thought in 2014 that Doge would last this long and would even reach almost a dollar? It was a mere meme coin which was meant to be just a joke. It was the ancestor of the likes of boobcoin, beibercoin, trumpcoin, etc. But well this is the crypto market. It would have been better if you've forgotten your Doge until it hit $0.70.

But still I think I wouldn't recommend investing on shitcoins with exaggerated predictions.

That's why it is called predictions in the first place. They can put any numbers, or figures and even state what year it will happen. Sometimes, to create hype, to make an attempt to lure people to their service, or just a product of their own analysis.

Speculations and predictions are already part of the crypto-community stuff since the beginning.

For me, just let it go and don't make it a big deal. We have our own way of understanding if a certain prediction is crap or not.

Many of them would do this since that's what they all could do while struggling to know whether their prediction would hit the right way. But if you found this as a hassle then you have a choice though you can either learn to do some TA and FA so that you'll be the one making a reliable prediction.

This market is running with many speculators while some of them are just hyping/shilling a coin. It's your choice to know what they were talking since that's how the market works and through TA and FA it's easy to spot what they were talking. The longer you stay at the market the longer you will know that most of their prediction are irrelevant.

Yes, that's the right term for those predictions, shills. While on the other side, when we predict good prices for bitcoin in the future, these max-altcoiners will tell the same thing for us. But it's hard for them to swallow that there's more and a brighter future for bitcoin since they've skipped investing on it. While for some situations, those predictions by high prices, targets and for the next years could just be a bunch of trolls that wants to play the emotions of the supporters of the coin they're predicting.

When you do have the right experience and awareness of this market then you would really be treating these words as "shills" and it would really be that pretty obvious on some point but there are ones who are

just sharing up simply with their own opinions and sentiment and this is where you should really make yourself that be aware on whether you would really be tying up yourself on believing with those words or would

just simply ignore and stick into your own analysis and prediction.This market is indeed speculative which it would be no surprise that lots of speculations and words
floating around.

There are several reasons which can explain something like this, the first is the most simple one as this could be a case in which ignorance is simply that prominent in the person making that kind of prediction, however there are many more reasons, the person may be looking to get clicks to his website, to create a storm and get people to argue with each other, he could be joking or he is so invested in the coin that he is doing this to promote it, if you really stop to think about it you will find too many motives for something like this so I suggest that you do not give it any attention.

The entirety of cryptocurrency market is running on speculations thus, called a speculative market. Those who are giving their predictions in the future are no doubt holding that asset and they're probably holding a huge bag of it.
They might have the data for what they're predicting but most likely, it's all about what they feel about it. Like if you've invested heavily on those, you've got that feeling that they might grow in the future whether you back it with analysis or not.

You can also do these kind of prediction. The main thing is that why some one predict any coin. If there are Solid reason behind this then it may work 20% but many time market condition break all prediction. When BTC was trading ATh many was predict that it will touch 1 million and now saying it will down to 10k. It's better to look for best coin and hold it for long term.

When you make outrageous predictions, bag holders retweet them and echo chamber makes it seems like everyone believes it.

People will hype any moon talk if that might get their bags mooned. And since some people don't understand how valuation estimates work, they believe anything. And they are the exit liquidity. And then there are people who think that those predictions are delusional, but after those price targets, high price targets don't seem that ridiculous in comparison.

Not only on those non mainstream coins but insane predictions like that do also occur on top coins. I remember someone claims that bitcoin can reach 1 million dollars. Not that I don't believe in the potential of btc but I think predictions like this are too much already that it starts to become nonsense.

What surprises me is that predictions like this can sometimes came from an expert that has a long term experience in the financial and investment field. While for those non mainstream coins like bittorent I think the one that makes a crazy predictions are their developers or the people on their community. They are only trying to hype the coin.

actually that is the practical thing to do mate because like what you said it is almost worthless so why need to sell it when you can just let it sit in your wallet for even how long and also it looks like a free coin so yeah you have nothing to lose by any chance so keep it mate, I have several coins in my wallet like yours though mine are total shitcoin that i have been keeping for years now.

Honestly, my expectations are way too low, I'm not expecting it to skyrocket, it'll always have plenty of zeros after the decimal. My coins are worth $2, in the best case scenario, I'll have $10 in a few years. I'm mostly using BTT as an example.

Personally, it sounds too exaggerated and I highly doubt it that it'll ever be worth 1/100th of a cent, and that's already too much. I've got a little over 2.000.000 coins, which were distributed by Binance. I'm not going to benefit by selling them, they're worth close to nothing. Chances are, I'll keep them in my wallet for many years to come.
That's true. I also never expected Doge to reach a value of a few cents. I had thousands of them back in 2014, and they weren't even worth $5. If I'd still had them, I'd have a couple of thousand dollars now.

In fact, there are also no intelligent tools or machines that can help them make those predictions. Price prediction is very difficult in my opinion, it can be emphasized that bitcoin price cannot be predicted. It is difficult to predict what will happen tomorrow because we never know what is going to happen tomorrow and what will happen today, let alone that they can make predictions for the next 10 years. The people who make those claims, either have mental problems or get paid to say those myths.

I do not believe such analyzes or predictions, it is just an advertisement for a project so that people can buy, no one can predict what will happen after days or months, so how after 30 years? In general, even professional analysts who have a lot of experience in analysis make mistakes often, there are a lot of changes and emergency conditions that occur in the future and completely change the result of the analysis.
For a coin that has several zeros, never believe that it can reach these numbers!! The furthest thing you can imagine is to get rid of just one zero.

To be fair there were exaggerated forecasts that proved to be right in the end. I used to have a number of altcoins which have exaggerated price predictions that eventually happened. I had XRP back when it was ridiculous to predict $1 for it. Time came when an XRP rose to as high as $3. I had DOGE during those days when $0.1 can only be interpreted as wishful thinking. But it rose to $0.7. Shiba Inu had also a similar story. And some more.

But just be warned that this is a handful compared to the thousand other exaggerated predictions that didn't come true. And these predictions are merely based on hype. They're mostly unfounded. So I don't think it is worth the risk to bet on them with the hope that one would fly to the moon.

But admit it that this predictions gives me something positive about this since you are holding this coin? 


but yeah this is an exaggerated in prediction area because how could a coin that almost have no value will increase that huge when there are so many project with great potential ahead of this?

They say:

However, nothing is explained about their deep technical analysys method. It leads readers to conclude the website and the self-proclaimed specialists behind it are simply shilling for the altcoin.

In fact there isn't any reason or fact that could back their predictions. It's really hard to foresee the future of the most popular crypto that is bitcoin, now imagine how hard it must be to predict the future of an unknown altcoin pricing $0.0008451.

Market is open to speculation and people are trying to make use of it. To me these predictions doesn't look wrong, every project in the market makes a comparison against bitcoin. In reality that doesn't match, but it is kinda tactics to market their project. What we see is the same, these are prediction forecasts that are being circulated to grab attention of the investors. They'll also think what we invest will give good return in the long term, atleast our children could enjoy. In that note surely many people will invest.

They have just pulled the numbers out of nowhere. As for why the prediction is so far in the future, I could image it being so they can get paid to list other predictions/make other shit coins themselves and predict those for far in the future too as they're less likely to be disproven (I guess).

If you're buying a coin worth 866 nano dollars now that's going to be worth $20 in the future, most people will probably buy as many as they can rather than working out that $1 is probably a reasonable amount to waste on such a thing (at most - though the chain or liquidity pool will likely die/dry up before 2050 too).

The fact is, basically anyone can make their predictions in this market.
But it is up to how solid is their basis of such speculation.
If you will listen and follow the prediction of those sites, you may end up bankrupt in the end.
Filter what they are saying, do they have tangible reasons why they are thinking that price level?
Most of the time, these people are just spreading FUD or FOMO to the public.

We've all stumbled upon predictions for all kinds of coins, including Bitcoin, of course. Some may sound like they may happen in the future, such as Bitcoin, Ethereum, Solana, or Polkadot, coins with actual potential. However, some are so exaggerated that they have no foundation to back up their claims. I recently got my hands on some BTTC (BitTorrent Coin). It has so many zeros after the decimal that I've lost count, and they are literally worth almost nothing. I was curious to see, though, what the community believed about its future.

The first website I stumbled upon claimed that BTTC had the potential to reach $30 by 2050. Firstly, how can a coin worth $0.000000866 as we speak rise so much in value? It currently has a market cap of over $800.000.000. If the price were to double, it'd have a market cap of $1.6 billion. That's already extravagant and it'd still be worth close to nothing, nonsense.

Secondly, how and why is someone making predictions 30 years from now? The world might have ended by then. On what data is someone making such a prediction? Fortunately, other websites I found didn't have such extreme forecasts, but some still did, over the moon. For most coins out there, plenty of similar examples can also be found. Do you believe that they're based on any actual statistics and/or considering the coin's potential, are they purely fictional?

P.S I'm not implying that BTT could possibly reach $30; I'd be a multibillionaire if that were the case. It's just a simple example of how many exaggerated forecasts are out there.

Website n.1: https://telegaon.com/bittorrent-coin-price-prediction-2021-2022-2025-2030/
Website n.2: https://www.cryptonewsz.com/forecast/bittorrent-price-prediction/ A more plausible prediction