Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 06/10/2020, 09:59:12 UTC
⭐ Merited by 600watt (1)
@JJG

I don’t think Bitmex-gate is going to affect us too much. I’m still thinking that we moon in 2021, there is perhaps a chance that covid could stop us going as high as we would have but yeah, I still think we moon next year.

Fair enough.  I am largely with you, even if, perhaps, for slightly differing reasons.. and of course, part of my request for clarification came from some seemingly slight changes in some of your outline of our expected future with lil fiend.. minor as they may have been.

Personally, I believe that there are macro events that could shake bitcoin off of the various underlying fundamentals that differentiate bitcoin from other asset classes that are also captured in the dominant BTC price prediction models... and so far, we do not really seem to be seeing any kinds of substantive or meaningful divergences from already outlined path expectations.

[...]

Thanks, AlcoHoDL.

Thanks Jay, for your long (as always [saying this in a good way]), but thorough and merit-worthy reply, I appreciate it.

We are in agreement, and there's no need to reiterate what you already know.

Since we are posting in a public thread, sometimes as a courtesy, we (royal) do post some of topical matters in more detail than necessary for the benefit of others... so a little repetition tends to play out from time to time for those of us willing to bear such repetitions...

Of course, there are quite a few regular WO peeps who I have pretty decent confidence (faith) that do "get it" but every once in a while we witness surprises, too... mindrust.. cough, cough.. .. and also, face-melting BTC price moves or even long-ass periods of seeming irrational BTC price performances, sometimes can cause a few of us to enter locations closer to our psychological limits than we would prefer to acknowledge.