Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rosewater Foundation
on 18/12/2017, 23:47:17 UTC
Guys we are in the 18k/19k range. As someone who has been hodling since 2013 I still can not believe it. 5k seemed a dream. 1k I was dancing around the house!


Ok.... early retirement time, right?  I had posted earlier that BTC prices seem to be more than 3x-4x higher than my more bullish contemplated scenarios during mid-2016.. I was thinking $3-5K and then correcting down to $1k to $2k and then perhaps coming back up into the $3k to $5k scenario that would have taken most of 2017 and perhaps a large part of 2018 before going up thereafter.. so we are both 3-4x ahead of schedule (in my contemplations), we are also a year or a bit more a head of schedule...

This current playing out of the scenario is causing me to change some of my earlier plans and to move things up a bit and to take a few extra drastic measures to free up my time that were not reasonably within earlier contemplated possible scenarios.


Also known as (AKA)   a 3x to 4x equity cushion, that causes $1k to be less likely and even if $1k occurs, I will be o.k., but $1k is seeming less likely and even below $5k is seeming less likely, even though not outside of the realm of possible spike corrections.

It'd take at least another doubling for me to start thinking about quitting my day job. And stranger things have happened.