Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by AlcoHoDL (1)
The dude says 2020
First half of 2021 I went for. Sooner is better though obviously.
I was kind of wishing that the poll would have divided up 2020 to show how sentiment in regards to reaching an ATH this year might even have a couple of levels of bullishness that can be distinguished. So, for example, have in the poll one 2020 option for between May- October and a second option for 2020 of between October-December.
I usually attempt to be pretty conservative in my expectations of future BTC prices, but I could see a kind of fake out that goes above ATH and then severely corrects back down that follows a kind of 2013 pattern of an early top that ends up in a double top, but probably overall more conservative than the whole 2013 bull run because that one was a bit much and could even be argued to have been in excess of 100x when looking at both of those runs together.... so i did choose 2020 as witnessing an ATH, but I am thinking that it would be more likely in October or later, rather than before October... just a tentative thought based on current transient feelings (to the extent that I feel anything)
I think that a 100x run would be difficult to attain, but I am not really seeing reaching the previous ATH as very difficult to attain, even in this calendar year.. but yeah, maybe it will not happen until sometime in 2021... and of course, it has to happen before the end of 2021, otherwise you, LFC, are going to be having to pay a disingenuine shill troll... aka Bossian or whatever the fuck his user name was... (I just looked up that fucktwat, and looks like he removed the reference to the bet - and the pay him address from his signature.. what a fucking increasing likelihood to get scammed to get involved with any dealings with twats like that) hahahahahaahaha.. then it would suck to be you.
Wasn't expecting you, Jay, to vote for 2020! I like this!
It's not a bad angle, at the moment. Catch up with me in a week or two, and I might be thinking differently.
I guess I'm more conservative than you -- I voted for 2nd half of 2021. Let's hope you're right (or I am), and, more importantly, let's hope it keeps rising afterwards (even slowly). We don't want to see another 2017 plunge (something urges me to place a McAfee bet that we won't).
I am going to start battling you, AlcoHoDL, if you start to suggest that bitcoin is going to transition into some kind of price stable asset class.
One of the most highly probable predictions that any bitcoin price dynamics watcher could is that bitcoin is going to continue to be a place for ongoing violent battles, and one of the ways to most likely lessen such ongoing considerable volatility would be to increase bitcoin's market cap by 1,000x or 10,000x, and I doubt that would even remove the battles - and really, as I already suggested 100x would be amongst the most bullish of possible BTC price movements in the next 4 years or so, and I even find 100x to be quite unlikely to happen, maybe even in the less than 1% odds arena.
So, of course, beyond the mere concept of battling over BTC price, there is another dynamic in which bear whale manipulators strive to keep BTC's price down as low as they can, and for as long as they can, but sometimes they just run out of ammunition and they have to just let the BTC price run for a while (which means up) until they can get back a hold of it, so the reality of the BTC price dynamics that involves a lot of ongoing attempts to manipulate the BTC price down as low as possible and for as long as possible will also contribute to the violent BTC price movements on a ongoing and regular basis.
Sure, I am not going to continue to fantasize about the existence of ongoing volatility because if I start to witness that the ongoing violent BTC price moves are tending towards slowing down, then I don't mind jumping on the "bitcoin price is going to be stable" bandwagon, but there are hardly any meaningful evidence of that, at all... so it just seems to serve as ongoing pie in the sky wishful thinking to project a kind of BTC price transition into stability when there is almost NO evidence of such a thing taking place or even having a .031149516% chance of happening, which in other words is pretty damned low odds.
I think 2021 onwards will be very interesting, and very rewarding for those who endured the long bear winter we went through.
It seems to be likely, and surely it will be nice once a BTC price base is established above the previous ATH... .. which hopefully has decent odds of happening.
GTCTTWW, but if it comes sooner, all the better for us.
I don't tent do complain about sooner, even if there may end up being some additional corrections that happen, merely when the BTC price moves up too fast and then the buying support does not seem to have enough time to keep up... but hey, I don't mind those kinds of dynamics when historically they have happened on a fairly regular basis... and there is no real evidence to suggest that such dynamic is going to be abruptly ending any time soon.