Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The only trendline investors look at (as opposed to traders) is the five year exponential trendline, which has leveled off.
1.There is no possibility of a new ATH without an increase in max block size.
2. There is no possibility of an increase in max blocksize with bigblockers split between Classic (BIP102), XT (BIP101), and Bitcoin Unlimited.
3. There is enough Fear Uncertainty and Doubt to prevent ANY scaling solution, including SegWit, before the Network hit the Transaction capacity limit.
THEREFOR: We will hit the limit and have a network congestion failure. The price will crash. It is almost inevitable now. The only question is when. My best guess is two months.
THEREFOR we are fucked.
1.There is no possibility of a new ATH without an increase in max block size.
2. There is no possibility of an increase in max blocksize with bigblockers split between Classic (BIP102), XT (BIP101), and Bitcoin Unlimited.
3. There is enough Fear Uncertainty and Doubt to prevent ANY scaling solution, including SegWit, before the Network hit the Transaction capacity limit.
THEREFOR: We will hit the limit and have a network congestion failure. The price will crash. It is almost inevitable now. The only question is when. My best guess is two months.
THEREFOR we are fucked.
(I added the above bold emphasis to BJA's earlier post)
You definitely are an EXAGGERATOR, and therefore you are unlikely to be correct...
Maybe we could estimate less than a 5% chance of your being correct in your various above predictions.
A sign of your exaggerations is that you communicate in absolutes... which are bound to be wrong because you provide NO wiggle room, which results in your own lil fantasy.
