Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 31/07/2020, 20:33:07 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.

Fair enough.  I was not trying to stalk you regarding your lil visit, but I was still wondering if you were anticipating such visit in the next couple of years, or if you needed to add another 4 years to that, which would be 2025/26-ish.

Of course, you would need some time to make various transactions whether it is purchasing or buiilding arrangements before you would be likely to invite anyone over to your pad.

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.

Seems like ongoingly decent upwards price pressures to me, but hey, we already know that sometimes momentum can change at a drop of a hat, so I would not be surprised either way... probably I put the odds of continuing up to be slightly greater than NOT.. but hey, I am in one of those 50/50-ish appraisals, currently.

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

Fair enough if I might be over-reading what seems to be either pessimism or conservatism... and each of us are within some kind of spectrum in terms of these principles, anyhow.  As I had mentioned before, I am largely intending to respond to the various ideas that you present rather than specifically trying to analyze your particulars...

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.

"Eventually" is a pretty vague framework. You likely realize that I am using various currently seemingly valid BTC price prediction models as for my framework, anyhow.. it is not like I have unique ideas in the BTC price prediction direction, except just kind of rambling on about my attempted interpretation of such and maybe to tweak probabilities here and there along the way in such manners that may well differ from other peeps who have a differing view of the assignment of probabilities matter or maybe differ in the timeframe matter.

So, sure in that regard, you might even call me more pessimistic than you cAPSLOCK (and therefore implicitly less bullish than micdude, but even micdude will appreciate that there are no guarantees in BTClandia regarding 100xing your money in a few years), because I take many of the longer term BTC price predictions with a decently large grain of salt.. and generally\, like, I said, I am penciling 6% per year BTC price appreciation, and anything beyond 6% per year is icing on the cake.. .. but I don't start putting in my orders for hookers, lambos and blow until after the BTC price has already gone up, rather than based on some kind of future fantastical BTC price that may or may not happen, in spite of the various seemingly ongoingly credible BTC price prediction models.