Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I am not assuming anything. I merely said that they (Wall street types) are looking into Bitcoin, and they did not even know about it before $10k. So how is my statement assuming in regards to their actual investment or their actual pushing this particular price rise - all by themselves? I suppose I am assuming that the more that Wall street types know about bitcoin, the more that their knowing about it could contribute to some kind of bullish impact on bitcoin.. and I am NOT even saying that buying pressure is coming from ONLY one aspect of the market.
Even you should realize that Bitcoin is much more than some simple kind of appeal to only one sector.. financialization is ONLY one of the several bitcoin networking effects that may well be in its early infancy stages. You are familiar with the seven network effects that are outlined by Trace Mayer? You need a link?
Do you think that those other six network (besides financialization) effects are not important in the overall consideration regarding where bitcoin is at and where it might be going? Do you think that those other six network effects have already sufficiently matured in bitcoin? or do you think that those other six network effects are still too early to potentially influence bitcoin into an early 2013 type scenario.
By the way, I like the way you even doubled down (NOT) on your bearishness by suggesting a 2011 scenario (which I think that you are implying that this particular BTC downtrend could be even longer than the one in 2014/2015, which I think is what you mean by your 2011 reference).
It is like ongoing that you, Terabeara, take these outrageous positions (like a troll) to spread FUD, and then later, when some semblance of the direction of your prediction moves in a direction of coming true, then you don't hesitate to take full credit for something that you did not even call - because like I mentioned earlier, you had been whining about BTC bubble ever since $5k, and I recall that you were even whining about BTC bubble when you first came back into the thread in 2015 as BTC prices were coming out of the long flat period, it did not take you too long to get back to your bearish talking points (here's your return to the WO post for reference)... Even when you try to act like you have reasonable discussion points, you are flooded with persistent bearish BTC FUD spreading party pooping negativisms.
TLDR: TeraBera needs to attend some kind of BTC enlightenment camp that is NOT in the woods, so she can break her ties from bears, but more importantly break her ties from government/corporate shills. INTENSE reform is what seems to be needed for your lost cause status (if there is any possible hope?).
Even you should realize that Bitcoin is much more than some simple kind of appeal to only one sector.. financialization is ONLY one of the several bitcoin networking effects that may well be in its early infancy stages. You are familiar with the seven network effects that are outlined by Trace Mayer? You need a link?
Do you think that those other six network (besides financialization) effects are not important in the overall consideration regarding where bitcoin is at and where it might be going? Do you think that those other six network effects have already sufficiently matured in bitcoin? or do you think that those other six network effects are still too early to potentially influence bitcoin into an early 2013 type scenario.
By the way, I like the way you even doubled down (NOT) on your bearishness by suggesting a 2011 scenario (which I think that you are implying that this particular BTC downtrend could be even longer than the one in 2014/2015, which I think is what you mean by your 2011 reference).
It is like ongoing that you, Terabeara, take these outrageous positions (like a troll) to spread FUD, and then later, when some semblance of the direction of your prediction moves in a direction of coming true, then you don't hesitate to take full credit for something that you did not even call - because like I mentioned earlier, you had been whining about BTC bubble ever since $5k, and I recall that you were even whining about BTC bubble when you first came back into the thread in 2015 as BTC prices were coming out of the long flat period, it did not take you too long to get back to your bearish talking points (here's your return to the WO post for reference)... Even when you try to act like you have reasonable discussion points, you are flooded with persistent bearish BTC FUD spreading party pooping negativisms.
TLDR: TeraBera needs to attend some kind of BTC enlightenment camp that is NOT in the woods, so she can break her ties from bears, but more importantly break her ties from government/corporate shills. INTENSE reform is what seems to be needed for your lost cause status (if there is any possible hope?).
I think that you would have been better with your "we" formulation, rather than proclaiming my particular argument. You have not been very good at characterizing the various arguments of others whether that is me or generalizing about what all bulls want, supposedly.
Get the fuck out of here with your characterizing what everyone wants (including me).
We have ourselves something like .5% world adoption of bitcoin with areas of the world and some populations having greater bitcoin penetration than others. How are we going to characterize what this is exactly, when it remains small as fuck?
There is a certain level of anticipated continue growth merely based on the current low level of penetration. Whether greater growth happens or not is not an inevitable proposition, it is merely a tendency that I describe and other bitcoin bulls describe, and sure some of us might be suggesting that there is a kind of inevitability to this network growth phenomenon, especially when we are seeing a large number of network growth signs on an ongoing basis. So yeah, we can have ongoing growth and adoption in a variety of ways and also have ongoing downward manipulation of prices, that may or may not succeed in keeping the price down.
Wall street isn't going to buy into a downtrend. They will wait until every drop of blood is in the street.
If they don't buy, then they might have to chase the train... Who the fuck knows what wall street is going to do? Wall street is not a monolithic entity and some of those folks are already getting into it, and others of those folks are taking longer before they get in... Again, I don't understand why you continue to attempt to focus on one factor and then attribute contrary claims to other people.. while also ignoring various networking effect points of my previous posts while continuing to harp on simplified financialization only? You probably don't really want to attempt any kind of meaningful discussion, but instead want to propagate partial stories and your ongoing FUD spreading.. while attempting to appear as if you are "getting real" when you are surely lacking in "real" on an ongoing basis...and seemingly on purpose.