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RE: CEO of Bitmex, Arthur Hayes - "Bitcoin will hit $10k this year"

in #bitcoin5 years ago

He's had a lot of wrong predictions. Apparently, most so-called "predictions" are based on hopes those people's businesses will actually continue to live or grow based on a better market. Self-fulfilling prophecies ftw!

I predict BTC at >=4100$ in 2019. Fingers crossed!

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True, he has. Though he isn't a perma bull by any stretch. If you read much of his writings, he has been bearish on the crypto space just about ever since the bubble popped...He was calling for lower lows on bitcoin and ether for much of last year when others were saying the lows were in. He was proven right on those. And it doesn't really help his business for prices to keep going down... yet he called for it.

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