Sure, of course, if you spin your history, you can proclaim that you are a "permabull," but from my perspective, you seem to be redefining what "permabull" means.  In udder words, I remember some pretty depressing ass posts coming out of your avatar, historically speaking.. especially when had been getting on some of those quasi-meaningless numerology/manipulation tangents.. as if the market would not work matters out sooner, or later, which it did.. but not if some of us might have attempted to follow the implications of your supposed "permabull" doom and gloom nonsense.


Whatever... it's a free country...

You can spin the essence of your supposed "permabulledness" how ever you would like..

Mums the word. 

Maybe.


 




Of course.  Why not?  they gotta try to squeeze as much as they can out of this opportunity while they still can.  I don't see anything bearish about the fact that they are going to try, even if there could be some unreasonable bearishness to presume that they are going to be successful.


I agree with this conclusory (or the punchline) part of your assessment #nohomo.



For sure, cannot take you seriously, diptwat.. aka Save the RF.  Why do you always have to take matters to the dumbest of extremes?  Don't you have any self-control at all?

And, did I even have a 12-month prediction in my response?  Nope.  You could at least attempt to be responsive to  basic points that are made.

For anyone attempting to somewhat stay tethered to some kind of reality, let's just stick with a 18 month or sooner timeline in order to attempt to mostly capture outlying scenarios of an exponential price rise that ends up getting drug out for longer than expected.

And, let's stick with bull scenarios, too.  So, sure, in an 18month timeline (from now), probably a more conservative of UPpity scenarios would be $100k to $150k as the top at some point.

A mid-range more bullish (and of course less likely scenario the higher we go up) would be $150k to $450k as the top at some point.

The most bullish of scenarios would include your $900k, and probably be $450k to $1.5million as the top at some point.

I am not even sure that I would be comfortable saying that the middle is most likely because probably the more conservative the more likely, but in any event still difficult to assign exact numbers to any of them.. even if we might say the lowest range has around a 30% or more chance (or something like that?), the middle range has about a  20% chance, and the most bullish range has less than a 10% chance..

I am kind of SOMAing this, but still since this is a public thread, just trying to give provide some kind of a more realistic attempted outline of reality to work with rather than the ongoing gibberish that you tend to spit out on a regular basis, Save the RF.

Of course, the playing out of any of the above bullish scenarios ends up being quite world-changing, even the most conservative of them.. so whether any of them happen or not, on a personal level people should at least attempt to be somewhat prepared for any of them happening, if if the odds are not exactly seeming to be high until it actually happens, then the odds become 100%...

So the odds of being here in the mid-$30ks in 2014 were probably seeming to be in a less than 3% probabilities arena, but now that we are actually here in reality, we have discovered that a 3% probability in 2014 turned into 100% today... once it happened, and those of us who prepared our lil selfies for such possibility (no matter what odds we assigned), just in case, have profited quite disproportionately compared to those who did not prepare their lil selfies.. but that is partly how wealth redistribution could end up working out in a world with bitcoin.. especially if any of us has some luck and follow through... and sure luck probably is more likely to happen when we have some follow through, too.. seems to me.