Vinny Lingham sold back in march 2017 expecting way lower prices, I don't remember exactly what figure he predicted but im pretty certain he expected it to go well down into 3 figures again.
Of course, we all know what happened: He sold right at the damn bottom, before the rise to $20,000 started in the following months after.
The key question now is: Someone is going to be this guy. Someone is always this guy. There is always some "expert" of sorts (or anyone with a big Twitter megaphone for that matter) that expects super low prices, and ends up screwing up big several % points, just like Vinny.
We have a Tone Vays prediction of $4900 best case scenario to $1200 lowest case scenario. (remember that he predicted $7500 as best case scenario for a 2017 top)
His friend from "Hyperwave" predicts something ridiculous like 3 $figures.
We got some hedge funds of whatever in Bloomberg predicting $1300
Who else is there? add yours if you know anyone "famous" with a pessimistic prediction so we can monitor how they do.
The main point here is: Some of these guys will look like clowns in the long term because someone always makes an overly pessimistic prediction, which costs money to people that follow said prediction. It doesn't matter if the price goes lower than it is now, someone will get it wrong by a long shot.
Who will then be the next to join the unfortunate list?
