Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Stable $40k through the summer would be alright with me and then a giant WICKED green candle taking us to the moon ($100k) and above in mid-late September.
I can almost guarantee that is NOT going to happen.
You think that bitcoin goes from correcting more than half of its value.. then wicking down $20k in a couple of days.. bouncing back up $10k in more or less one day and then just getting stuck at that price point?
Your proposal hardly makes no senses.. except maybe in a fantasy factual landscape.. and probably you would admit that it hardly makes no senses if you thought about what you are actually proposing.
You act as if the correction and rebound makes sense
You think so?
We can look at events that have already happened, and even if we cannot make sense out of them exactly regarding either why or what might have caused, but the mere passing of difficult to decipher recent happenings should not suggest that we throw all reason out the window.
Seems to me that reasonable models can still account for the possibilities of outlier happenings, but we should not be starting with the outlier happenings as our base and ignoring more likely scenarios, should we?
For example, I will concede that some of the strange events around March 2020 caused Armageddon scenarios to become way more probable.. so instead of 1% or 2% odds, they became 10% or more.. maybe even up to 20%.. perhaps? but still I am not starting with Armageddon for my future planning of what I believe is going to happen, even though I am going to give a higher percentage to it playing out... but if I am prudent, I should still be attempting to plan around more likely scenarios.. and have higher levels of preparation for Armageddon.. rather than putting more than 10% of my preparations into it.. and sure 20% worse case scenario.
By the way, maybe the scenario that you outlined has a 5% chance, so even though I said that I am guaranteeing your scenario NOT to happen, there still remains something like a 5% chance that I could lose... yes.. our numbers might differ and if you value the scenario at greater than 50% (which I would almost wager that you do not), you may well be prepared to take the bet... which you won't (not that we specified terms).
But what about the resistance at $42k and $43k? Why u no mention that part?
You always seem to fight my opinion (directly or indirectly) without providing anything even remotely close to a prediction, but I turn out to be more right than wrong and you more wrong than right, like during much berated "stall" between Feb and May.
Why is that?
Because you are selectively remembering whatever dumb shit that you said.
It is because you are all entertainment, and I like facts/science and interesting thinkers.
Through our many interactions over the years, i have also discovered that you mostly are not putting your book on such dumb nonsense that you spout out on a regular basis - except it does seem to me that you frequently underinvest in bitcoin and then you whine when the BTC price goes up more than you anticipated that it would.
Hopefully you were able to pick up some coin on this latest dip and you are not failing and refusing to pee pare ur lil selfie enough for UPpity regarding where we are at currently because you are so involved in hopium for a dippening that might not happen.
Are you into burlesque or something like that?
sure.. I like burlesque.. but not in the way that you seem to be framing questions of BTC price dynamics, such as where we are at, where we might be going and what peeps should do to plan and prepare themselves in such context. That is certainly not burlesque.. except maybe pointing out some of your wannabe correct nonsense from time to time.