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RE: BitShares price forecast of $100.00 USD by end of 2017! - Chinese HPB token ICO in BitShares starts today - August 23 2017
Of course not. There is zero technical analysis in this post or any calculations as to how that figure is reached. It's pure hype and sensationalism.
Don't get me wrong this is all good news, but this kind of pumping is really not helpful at all.
@sfletcher62372
Are you sure? What are your thoughts regarding Efficient-market hypothesis?
"The efficient market hypothesis (EMH) is an investment theory that states it is impossible to "beat the market" because stock market efficiency causes existing share prices to always incorporate and reflect all relevant information."
Please explain how that gives Bitshares a valuation of 100 usd by year end?
Please don't take this as me being negative or bashing your posts, I just want to understand fundamentally how you achieve that figure based on the publicly available information - if it gets to that price I would be retiring!