Post
Topic
Board Speculation
Re: Analysis
by
STT
on 12/06/2017, 19:55:49 UTC

if you want to be rich in one day,just rob run the bank

agreed  Tongue

Quote
just a little longer we wait

Im not sure anything was achieved by just waiting, seems a mistake.   Either something is building or falling apart and time discovers which.

When we talk about building volumes thats both a positive and negative.   Its pressure and where are we without any pressure but too much and the network is under strain and possible will break.      I dont bet on anything so dramatic but I figure pressure leads to deformation and expansion in paths not intended.

If the people who decide the protocol have the same attitude that nothing is required, success is assured then if I know my Greek tales right then collective arrogance has a different fate for us.   Competitive capitalism if it is still relevant in bitcoin is a destructive force, it destroys inefficiency and I would guess that is what happens when doing nothing while pressure builds not exponential growth

I think 2470 may be pivotal currently.   My guess is a sell off from 3000 is not well founded