So I wanted get abit of a discussion going and you will be pleased to know this is not a price prediction since there seems to be a new one everyday this is about the impact of price predictions, are they good, bad helpful… what do you think?
Now all the positivity is great and its really nice to see people share there opinions on were ETN will be in the future… however I think it’s also important we remain realistic and not give people who are new to the space unrealistic expectations as we know some people take these price predictions very seriously. I have also seen it have a negative effect as we have abit of reputation as that coin that has a bunch of people predicting crazy numbers which I think hurts the community alittle at times with trust and credibility.
I think we need to just be alittle more cautious of posting slightly outrageous predictions, Im all for saying whatever you want but I think we should consider the effect it may have on new comers putting in money expecting these huge returns very quickly were as most of us have no idea realistically what price ETN is going to be at tomorrow in a week or in a year we can only make an educated guess at best. Im seeing price predictions thrown around very often even with threads created with a price predictions, if were going to help one another make good decisions I think we need to be alittle more reserved with throwing numbers around for the fun of it and put forward good useful easy to understand information.
But anyway let me know what you think is it a good or bad thing or maybe you think it makes no difference at all?