These are two statement from the same post...
my question: Aren't these two statements mutually exclusive?
edit: after rereading my post.. I should have said: Aren't these two statements contradictory?
The long term trend for bitcoin value is contraction, not expansion.
This is not a thread about the speculation of bitcoin's future, these are the facts.
This is not a thread about the speculation of bitcoin's future, these are the facts.
my question: Aren't these two statements mutually exclusive?
edit: after rereading my post.. I should have said: Aren't these two statements contradictory?
Yes he seems to make a point but then contradict it later on in his own statement.
Not at all.
I offered ample evidence that can easily be verified by hard sources and simple logical reasoning to back up my thesis.
Therefore, no contradiction. Facts follow formula, and I provided the requisite references.
Dude you nor anyone else can predict the future with 100%accuracy. Thus your claim although you cited sources is still S
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N.It's actually a well educated hypothesis; One that in all likely-hood will continue to bare out as I've laid forth. Look, even since I started posting BTC has lost 9.5% of it's 24hr value. There will of course be a bump, but then another gradual slow burn fall as has been happening ever since the Gox recovery.
The signs are there for anyone to see. This market isn't really as volatile as the speculators would love it to be, at all. At it's been predictable since the bubble began. It's really not a mystery to anyone that understands these basic truths.