Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 22/12/2018, 00:58:03 UTC
⭐ Merited by Majormax (1) ,JayJuanGee (1)
It sure looks the same to me Jay.



Of course, might look the same, in terms of the history, and that is fine, yet my question remains how much value you going to place in the future playing out the same way?  And, are you going to put your money on that?  Description is one thing, prediction is another thing, so my main point remains that there is danger to put too much weight on predictive value and even making dumb-ass assertion that you know how the future is going to play out, even if there are high odds of such.  Maybe you will assign 80% to such occurrence, and maybe someone else like me, might assign 45% to such occurrence.  In the end, I am not going to stop criticizing folks who make proclamations that seem to be assigning (or even implying such) too high probabilities to such scenarios, even if such scenarios actually play out or even if I also believe that such scenarios are the most likely of outcomes.

Here's the thing, in 2015 was there a global asset value crash? because that is what 2019 is looking like, so btc could do anything next year. No way I'd put money on a repeat for this reason. Maybe it will be a safe haven, and price will rise substantially, maybe price will go down as people need fiat to fund loss of job and equity from other assets.

Either way, financially, shit is going to be very interesting next year.  

A contact of mine who works in finance just asked me how he could buy 30,000 BTC on behalf of one of his clients

So uh anyone want to do an OTC give me a PM. Introduction only, DYOR yadda yadda

I told him to go speak to Cumberland as well.  

Maybe this is a safe haven play and we can expect more. They can't steal your btc but can steal from your bank account.