Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
YourMother
on 18/01/2019, 19:19:49 UTC
⭐ Merited by JayJuanGee (1)
Quote from: infofront on January 18, 2019, 07:13:35 PM
Quote from: YourMother on January 18, 2019, 07:08:54 PM
Quote from: infofront on January 16, 2019, 04:50:43 PM
Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.

Something occurring twice doesn't make for a convincing pattern to predict future events with IMO.


Definitely not a convincing pattern, but better than ridiculously stretching some shit without any backing for it