Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cAPSLOCK
on 31/07/2020, 18:58:41 UTC
That doesn't sound boring at all. It sounds idyllic and I couldn't agree more. When it happens, I'll invite you to one of my homes in the mountains in exchange for a visit to one of yours!

It's a deal. Seriously. It would be really fun to make this happen sometime in the next few years...

OK. So.  We really just need the next stage of this bull flag to be confirmed.  I do not hate a pullback here, but I LOVE continuation!



You are describing some level of fuck you status.. even if you do not exactly specify what that is exactly.

So if you are saying a couple of years, then we are talking about this upcoming bullrun, that may well take less than 2 years to play out.

And, sure we could get $100k to $300k out of it, but since you have been sufficiently pessimistic, cAPSLOCK, I am suspecting that you are thinking that the $100k to $300k might not happen this time around.. .and surely, I am more than willing to go along with an overly conservative way of planning... accordingly, if the run has not happened yet, then my plans are really only going to pencil in a BTC price appreciation of about 6% per year... just to be conservative.

In other words, likely our thinking is similar in that regards, cAPSLOCK, even though we tend to outline our thinking in different ways... so I am speculating that you are thinking that $100k to $300k would be enough to obtain your fuck you status goal?

If you need another bull run for that, then "a few years" seems like the wrong time frame, and you likely would need to add another four years onto the 2 years that is  currently "scheduled" for our next bull run... yes, I am being a bit tongue in cheek regarding "scheduled" as a word choice because all of us longer term HODLers realize that these BTC price appreciation matters are far from guaranteed.

Hmm.. I think my ADD may have thrown you off.  There is no direct relationship between the first and second sentences.  The first is regarding a long term goal where someday I invite Strawbs to sit on my porch with my wife and myself and enjoy a couple beers from Maui Brewing while we watch the sun set behind Haleakala.

The second sentence is regarding the chart I posted which is the current hourly which depicts, in my opinion a bull flag that has already poked it's upward fronds in the direction I am hoping it heads this weekend.  Short term horizon.  And about that I mention that I am OK if we see a correction here and that was a fakeout, but I would prefer us to keep steaming up the hill since it's just more fun when number go up.

And again your strange interpretation of pessimism on my part is something I still don't understand.  I mean i am not exactly the bull MicG is, but I am likely only a few steps down from his point of view. Wink

As to F.U status...  Ehh... I dunno.  The numbers you lay out would be very nice.  I expect we will see those number eventually.

By the way.. one of the scenarios I think is an edge case for THIS bull is we see the REAL upward slope of the "S curve" where the demand for bitcoin drives it to 7 digits.  Like I say... edge case, but I think a real possibility... in the next couple years.

Pessimistic?