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[AudraMiller]

There are many people that are interested in cryptocurrency and with all those that are invested in these coins they all have their own opinion about where these coins will go in the future. For some people, I believe that they use their public influence in order to create massive predictions that will hype people and drive them towards these coins in the long run. For example, a recent news article has shown that Tim Pool, who is a journalist and also a youtuber, has stated that he is under the impression that it won't be long before bitcoin is worth one million dollars. What do you think about this prediction?

 

[Fayiz]

There Is No Doubt Price of Bitcoin will cross 1 million Dollar Now Bitcoin Price Is 58k I think bitcoin will cross 1 Million mark within 6 months

 

[Brain]

$1m, this is like running before you can even walk. Sone of these predictions are just too bogus. Let get $100k and progress from there. Anticipating this.

 

[Ptrikha90]

$1 Million would come but after some years. As of now, $100K in one year or may be slightly lesser time looks more realistic.
I saw some dips across many Cryptos yesterday.
So it is not a linear upward ride but more of a Roller Coaster.

 

[Balint098]

Too many predictions are no good. Most of them will be proven worthless anyway. Just do your own research if you're seriously want to profit from crypto.

 

[aryan4]

Nothing has changed, everyone is making their own guesses and making comments that support their own guess. Some predictions seem like dreams in today's conditions. Hoping to achieve your dreams.

 

[Ptrikha90]

Too many predictions are no good. Most of them will be proven worthless anyway. Just do your own research if you're seriously want to profit from crypto.

I concur with you. Too many predictions seem like a News channel which has a lot of so called "sensational" content! The best way is to have regular reports, analysis and forecasts but well a disclaimer asking people to apply their own ways and avoid unnecessary gambling instincts.

 

[LuckyMac]

I think 100K is a massive milestone. Then once that is reached we can see where the next one will be has to be a long term investment imo there has been a dip the last few days but need to look at the long term picture

 

[Brain]

I concur with you. Too many predictions seem like a News channel which has a lot of so called "sensational" content! The best way is to have regular reports, analysis and forecasts but well a disclaimer asking people to apply their own ways and avoid unnecessary gambling instincts.

These are my exact thoughts it isn't about bogus prediction which most times become what it is originally was meant to be just a news. Much attention shouldn't be paid to it than doing the needed analysis to decipher the real figures that each coin will go for. All the huge figures given to each coin might just be a fictitious one

 

[Mariappa45]

I really can't follow up such prediction by the YouTuber, because their is a lot to achieve before BTC can reach such bizarre price tag. I see BTC reaching reaching up to $80k at max first before 2022 comes. I don't see any $1 million price tag around BTC anytime soon, it's simply way off the mark.

 

[Wisdom01]

Although cryptocurrency is not something you just predict like that , looking at the price of today , reaching that amount he has speculated seems to be very far , cryptocurrency getting to that extent looks to be less certain ,all I hope is cryptocurrency development to spread more till it possible gets to high range because it would be a benefit to investors

 

[Niftyicon]

He is a YouTuber, right? It isnt surprising to see such predictions amongst them since it is more about creating contents that people are mostly going to like. The prediction is very unrealistic for the present and even for the near future. Bitcoin may take a very long time to reach such height if it ever would.

 

[Balint098]

You Tubers are always like that. They create fantastic predictions with click baity title to attract attention, even though many of them don't even know how to do trading analysis. Heck, even predictions by financial experts are oftentimes missed the mark, and now a random You Tuber want to predict the bitcoin's price movement.

 

[AudraMiller]

He is a YouTuber, right? It isnt surprising to see such predictions amongst them since it is more about creating contents that people are mostly going to like. The prediction is very unrealistic for the present and even for the near future. Bitcoin may take a very long time to reach such height if it ever would.

When it comes to youtube there is a lot of people that are actually influenced by the videos and therefore i think that it is targeted at those people. Furthermore, when people are trying to get involved with cryptocurrency the first thing that they tend to do is that look for videos on the topic and this can be a very good way to promote a coin and create a bull market.

 

[Niftyicon]

When it comes to youtube there is a lot of people that are actually influenced by the videos and therefore i think that it is targeted at those people. Furthermore, when people are trying to get involved with cryptocurrency the first thing that they tend to do is that look for videos on the topic and this can be a very good way to promote a coin and create a bull market.

You are right about the influence those videos have on people especially those who are new to the crypto space but there is also a lot of misinformation from some channels even those of popular YouTubers with hordes of followers which means they tend to digest those too.

 

[AudraMiller]

You are right about the influence those videos have on people especially those who are new to the crypto space but there is also a lot of misinformation from some channels even those of popular YouTubers with hordes of followers which means they tend to digest those too.

I have noticed this as well and I think that people can be swayed by false information. The one thing that i think needs to be implemented in the future is that there should be a way that they can verify if the information is correct before it is uploaded on these platforms.

 

[Wisdom01]

He is a YouTuber, right? It isnt surprising to see such predictions amongst them since it is more about creating contents that people are mostly going to like. The prediction is very unrealistic for the present and even for the near future. Bitcoin may take a very long time to reach such height if it ever would.

I think the YouTubers actually do believe that the price of Bitcoin would grow so much to the extent that they keep making high prediction for the price and investors could invest ahead if they want to benefit from the market ,most of the investors actually invest according to their analysis, and it would enable users place the necessary trades and others

 

[AudraMiller]

I think the YouTubers actually do believe that the price of Bitcoin would grow so much to the extent that they keep making high prediction for the price and investors could invest ahead if they want to benefit from the market ,most of the investors actually invest according to their analysis, and it would enable users place the necessary trades and others

The one thing that YouTube videos should include his a proper analysis of the cryptocurrency market in order for people to try and understand why you're making the projections they are doing. This will allow people to have more confidence in the high predictionns that are made on any given coin, and not only limited to bitcoin.

 

[Wisdom01]

The one thing that YouTube videos should include his a proper analysis of the cryptocurrency market in order for people to try and understand why you're making the projections they are doing. This will allow people to have more confidence in the high predictionns that are made on any given coin, and not only limited to bitcoin.

Yeah and I think people could also get the necessary procedures and confidence after watching those videos , because it would make them to be so sure about the trade they are making in so many ways ,and I believe before investing make proper research about crypto currency ,so you would know the next step to take when trading

 

[btaliat]

To be honest, the journalist, YouTubers and even crypto lovers should be given correct analysis and not sensational ones. Bitcoin has never crossed $100k, while will someone now be predicting a million. This hyping is what led some novice to crypto thinking it is a get rich quickly syndrome. I am not a doubting Thomas but I am a realist. Even if bitcoin wants to break this feast, it will take more than 10 years.