Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 24/08/2020, 17:14:25 UTC
⭐ Merited by Hueristic (1)
(Not saying you guys are) but probably people like roach etc... moaning and complaining or trying to scare more people....

I laugh myself to tears:

This thread is full retard now.  You have digital shitcoin scammers like Marcus and Lambwhatever praying as many people die in some sort of global plague as possible pretending it would be bullish for Bitcoin.  If it was a worst case scenario and 2-15% of the global population actually did die (the high ball estimates are too high because only asians have elevated ace2), I'd bet everything that it would be a deflationary collapse and Bitcoin would get clobbered because Bitcoin performs terribly in deflation.

Every.single.time. Grin

Roach's mistake was largely in mid 2016 when he sold all his BTC in the $700 arena, and patted himself on the back for being such a genius... which likely did seem to last for a decent number of months while BTC prices had downfalls and even relatively flat (only slow appreciation through the remainder of 2016) and barely got back above $700 until the end of 2017...

But then Roach stuck with the bitcoin is returning to sub $500 narrative.. he was stuck and could not get out of that mindset... and he seemed smart enough, so at some point, we would have speculated that he would realize that some of his presumptions were not correct.. the stubborn bastard... and yeah, perhaps reveling in PMs currently, with a bit of a 55% price appreciation in the past 16 months or so that might not end soon, even though many of us bitcoiners realize that the gold price "boom" is largely just getting them back to 2011 gold prices, and sure they may well get some additional gold price appreciation, and sure a lot of peeps are excited about gold, currently, but really should be difficult to have confidence in gold.. whether verifiability, portability or even liquidation avenues... there might be some legit places to take a few coins or even some bars, but seems a bit  problematic - even if Armageddon really does come.