Standpoint:
In the wake of Bitcoin’s record-breaking rise in value during the first half of this year, renowned stock picker and founder of Standpoint Research Ronnie Moas has had to re-evaluate his prediction and has raised his target to $7,500 as the likely price for the cryptocurrency to reach by years end. The new target, a 50 percent increase over his previous prediction, came about after Bitcoin hurtled past $4,000 last week.
Goldman Sachs:
Bitcoin Price to Eye $5,000 then Crash, says Sheba Jafari, a chief technical analyst at Goldman Sachs. Jafari does not believe bitcoin will reach $5,000 during its fifth wave. In fact, she expects the bitcoin price to crash by more than 38%
There are of course many analysts we have not much heard of in the crypto world jumping on the bandwagon of being the experts in the field of blockchain technology, and bitcoin's price movements. They do bring attention from institutional investors, but they serve a dangerous role of steering the market one way or another.
Goldman Sachs seems to say to it's investors "Bitcoin should not be ignored", it's also paving the way for them to understand the dangers of Bitcoin volatility. While this is understandable coming from an investment firm , it might create a false indicator. That and the wave of Bitcoin Experts that pop up out of nowhere tells us there is a big competition going on to win clients/investors.
You can not help but notice they intentionally choose to ignore experts in the field like Tone Vays, Max Keiser, Charlie Shrem, Andreas Antonopoulos, Nick Szabo, and a number of others who lived the Bitcoin revolution and experienced it from the beginning. In fact the moving force of the bitcoin market in the last few years is totally ignored.
Do not be surprised to hear more of these so called experts that probably never had a bitcoin wallet and do not know the difference between a private key and a public key. As we progress people will come to bitcoin in droves and these new experts will drive the real experts away, or at least sideline them because they know Bitcoin is big business and big business means money.
Here are some twitter accounts of REAL experts to follow:
- https://twitter.com/ToneVays
- https://twitter.com/maxkeiser
- https://twitter.com/CharlieShrem
- https://twitter.com/NickSzabo4
- https://twitter.com/diiorioanthony
- https://twitter.com/SatoshiLite
- https://twitter.com/bobbyclee
- https://twitter.com/aantonop
- https://twitter.com/rogerkver
There are more real experts out there, this list is only for some of them.
You can also follow me at: https://twitter.com/JStuhlman
one more expert - https://twitter.com/kingscrownBTC :))
..jk
not
..yes!
...who knows ;)
You are a bitcoin/altcoin expert like me, we belong on a different list of experts. :D
Hello, dear experts ☺ tell me please about bitcoin cash, I bought it yesterday and I am holding, what do you think will it hits 0.2 BTC ?
Thank you, thank you, thank you for those accounts. I'm sick and tired of those "experts" that appear overnight, I'm trying to educate and assess about cryptocurrency and blockchain on my blog and I need good quality information. Thank you for sharing @joseph ^^
Its need skills and proper knowledge to become a expert.
1NSQSxRcGMsEYJGjtEZudib4A9beNMuCvL
Whats bitcoin?
This post received a 2.5% upvote from @randowhale thanks to @amirl! For more information, click here!
It s Digital currency like steemit currency
1000 of them make a prediction. One comes true by coincident and he suddenly is the guru of crypto! Save your precious lifetime and avoid them from the beginning. Do yourself a favour and educate yourself about Bitcoin and its technology instead of listen to predictions. BTW, I never saw Andreas A. making a explicit price-prediction. He has no time for this bullshit
And good you added @rogerver. I am not holding any BCH, It's the opposite. But every newbie should read for himself all opinions from all sides to be able to make a neutral position
About the real experts list; all are well known people from the space because most of them invested earlier and promoted the coin since it's birth.
The real core expert in this list is Andreas Antonopoulos. Not only in-depth technicality but he has in and out understanding of business as well including it's applications. No one can understand and explain blockchain like him.
Thanks for the list though. I have bookmarked it and would be following these all guys closely. Cheers!!!
Nobody knows what will happen. If they did they would buy/ sell all and it would likely become a self fulfilling prophecy! However, as steemit etc is persistent, we can go back and see what 'experts' said prior to events and evaluate predictions. I'm interested to see which predictions will come true!
You're absolutely right !
how about our steem coin
38%....gotta love those investment clowns. Out of the blue, but 38%.
Well, it would mean it could go down to 2700$. So what, we've just been there. Goldman Sachs, you are funky, I would trust you with my life. Not. LOL
hardy har har :-) Thanks I needed a giggle
Her every analysis was correct in past. Go and look back.
When an 'expert' says that a share of the stock will fall, buy the stock because the opposite will happen.
I firmly agree - I saw a lot of these guru types when I lived on the West Coast. Sheesh!
Damn know-it-alls that often haven't a clue. These simply profess to, so that they can grab the business/clients!
I wish they'd get off their high horse, and go sit on a Hobby Horse (picture that - Ha ! )
I viewed a video about #BITCOIN which spoke of it crashing down from 2300 (which it did while I was on vacation this summer ) - so his prediction was right, yet it happened SO quickly ... within just 48 hours it was moving back up again, anyway.
And his prediction was to $13,000 next year.
Great list. I've looking for a list like this. It would be great to have a similar list for Steem. Twitter is a dying beast, their censoring tactics will bring them down.
Over the last six years I'm into Stock Market and since starting this year into Cryptocurrency.
What I've learned is : "If you want to loose your money and dreams, Follow experts".
There's no doubt, while we're talking about the best source of income which must be safe, reliable then long term will come first. However, one thing is sure, Bitcoins is the best investment. Anyone love at the moment while passing the good time of Bitcoin, so stay safe and just invest in buying Bitcoins in the long run.
Do they still think bitcoin will hit $1 million dollars in value/worth someday, even though it has split into 2 coins now? Very curious about that.
@joseph @kingscrown
How about Vinny Lingham ?
Thank you for this post. When Bitcoin fell just before the fork, steem followed, but now that Bitcoin is sky-rocketing, steem is staying stable, I thought it will also follow Bitcoin, why did this not happen?
Analyst prediction provides a mean of confidence for bitcoin investors. Personally, I do not like the prediction because seldom they proved to be true. I follow price action and keep an eye on the analyst recommendations.
This comment has received a 0.89 % upvote from @drotto thanks to: @scorpionking.
Bitcoin prices may rise or fall unexpectedly over a short period of time due to its young, new, and sometimes undesirable economies. As a consequence, you are not currently recommended to save in bitcoins. Bitcoin should be viewed as a high-risk asset, and you should not save too much money at risk of being lost with Bitcoin. If you receive a payment with Bitcoin, many service providers allow you to exchange it instantly into your local currency.
Hopefully, BitCoin will rise so high it will endanger the current banking system which is unfair and only serves to enslave people with money.
Thank you for the info. Have a great day. :)
the cast out reel in cycle of credit. down with the fed.
I could not agree with you more. Hopefully, crypto currencies will be the end of this slavery system.
Resonating!!!!
Bitcoin has always been the couch
I think Bitcoin will continue to rise, simply because it's the original crypto currency and in a position where it's used to buy or cash out other coins.now it's been on a huge uptrend and nothing can go up forever so I expect some volatility in the next month.long term it will rise.
I think you are right. expect volatility and upward price over the long term. the new reserve currency of the world.
I NEVER listen to Goldman Sachs when it comes to Bitcoin or other cryptos
I loved
Predictions are hard, especially about the future!😉
so basically Bitcoin should fall back to $2500 - $3000 either from these levels or from $5000 according to Goldman Sachs
aha.. A lot of people could get a chance to enter.
It doesn't matter because it is a speculation at the end. For Bitcoin every day is an opportunity because it will see the high which no one has seen ever (not even gold).
I think people shouldn't wait for some speculation to occur as they may lose an opportunity if it doesn't. So keep investing in small chucks to avoid differential losses. Research is more important than simply a news :). Invest wisely. Cheers mate!!!
Thanks Mate !
Thanks. I have a question, i can use obscene language? Does not it affect my post or my account?
if any one want to hack or reback any stolen f.b account just msg me .
I am holding 0.86 bitcoins. How long should i hold?
Forever my friend :)
Good info
Thank you for the info. I just posted my 1st crypto breakout report. check it out thanks and let's make some crypto! https://steemit.com/crypto/@anarchist1/looking-for-undervalued-crypto-breakout-report-1
follow mi
Actually an expert can be born any time it doesn't have to be some one who started with bitcoin just with some analysis and hard work you can know 90% of the whole thing at least that my humble opinion 🤓🤓
I am no expert but I know some..., here is my analysis based on Elliot Waves of what BTC is gonna do in the next months:
BTC Elliot Wave medium term: 6000USD in Nov. & 1800 in January?
https://www.tradingview.com/chart/BTCUSD/y9VKS8gT-BTC-Elliot-Wave-medium-term-6000USD-in-Nov-1800-in-January/
What do you think?
Excellent comment, I really like your work. I think it is very objective in the analysis and in what you want to convey. Thank you for sharing your knowledge with us.
Thanks for the real experts, I wondered who to follow about this
Really interesting article @joseph. I think at the end of the day, these experts are no better than any of us really. The real question is does bitcoin provide value compared to what already exists out there and I think the answer is yes. So in the long term, I think you will see rises in the value of bitcoin even at the high values it is currently at. I think it's important to remember bitcoin's value will go down from time to time, sometimes longer than expected, but with time, it will keep going above it's previous highs.
Very informative, thanks!
I was just reading the article I stumbled upon A Bitcoin Is Worth $4,000--Why You Probably Should Not Own One. And I was amazed what nonsense people are posting...
As, in the stock market trading there are no experts, they only fill in the noise. For investing of course, these people do make a difference...
For my bitcoin trading daily chart you can look at :
https://steemit.com/trading/@aarcee/bitcoin-btc-usd-trade-profit-booked-today-22-aug-2017
I hope this will help the bitcoin traders :-)
Thanks for the share, checking them out right now :D
bitcoin poloniex steem.Bitcoin's price has jumped again, breaking the 3,750 USD mark, with 4k in sight.
Great Blog Post!
Thanks for the list, def upvote... a lot of names I have seen before, and im def a newbie, so those names are
THANKS FOR SHARING THE POST !!!
Thanks @joseph
Some expert says Bitcoin gonna devalued by the month of September and will go up to 5,000$ by the month of December
So thanks for this precious expert information.
I'm newbie in this world so it's very interesting for me because
i take my time to learn and try to trade when i'll be ready!!!
Thanks for sharing
Upvoted !!!
@geemo-from-paris
Please keep up the good work and keep us non-experts in the loop.
Growth of bitcoin in last 12 months is LOWER that its avarage growth which is +- 1400%/year in last 4 years.
Thanks you information
Hi what are your thoughts about the assumption that by the end of this year bitcoin will reach the value of around 6000 USD? I read about this and I think that will not reach that price, because it is to unstable in past month.
My expectations are 7500 to 10000 , I have a lot of doubt about how big the correction will be, if we do reach those prices then 5000 to 6000 is the more likely correction.
This is not an investment advice.
Maybe in one year or more