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RE: Bitcoin could soon see some forced selling?

in #bitcoin7 years ago

Its getting fun to see everybody believing all speculations. He predicts it will be at 10k at the end of the year. I have heard so many different predictions over the last few months that I don't believe any speculations any more. The upcomming sell sounds reasonable but the price prediction of 10k at the end of the year is just based on nothing in my opinion. Not saying I have a better prediction but it's really unwise to believe all the things people claim.

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Some are based on round numbers and speculation, others are based a little more on math and projections relating to mining costs. Though you are right, they are all just guesses in the end.