Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quote from: JayJuanGee on Today at 06:28:54 PM

Quote from: fillippone on Today at 11:39:06 AM

PlanB is explaining the fine prints:

https://twitter.com/100trillionUSD/status/1427300104608919556?s=20

Anyway, S2F is fine for me.
135K for Dec would be ok for me.
170K for Dec... better ^{for reasons}

For sure I like PlanB and his data, but sometimes I have to think: "holy fucking shit" or oh gawd... Roll Eyes

....is the guy delusional, or what?

He is supposed to be a scientist. $43k for September and $63k for October as a worse case scenario.. holy fucking shit.. that is almost retarded.. like the odds are zero that we will go below $43k in September or zero odds that we will go below $63k in October..

I never heard anything more ridiculous from a supposed science.. even though I agree with a lot of his other ideas and about the model, but he seems to conclude that the model is broken if any of the things beyond the model expectation parameters play out such as the below $43k for September or the below $63k for October.

He seems to be inviting his own failure (or the failure of his model and then if the unthinkable were to occur then he has to revise his conceptualization of model parameters and blah blah blah and say .. but what I meant to say was.. blah blah blah)..

Please.. let's get a divorce.. ... divorce PlanB from his own model. #nohomo

Cheesy

Please note for what it is worth that I claim to be a layperson non-scientist making these kinds of criticism of the scientist assertions.

I enjoyed listening to the latest episode of "What Bitcoin Did" - Peter McCormack talks with PlanB about his S2F model, it's the first time I've listened to him talk about it in person (and not just via tweets).

I listened to the podcast but it can be found here too: https://www.youtube.com/watch?v=JoFwkxoss6Y

It's worth a watch/listen, not just for the S2F stuff, but also their thoughts on the impending global financial crisis #2 and how a financial crash is unlikely, with it being more likely to be a financial reset. There's little to be gained by me paraphrasing their discussion, so I'd recommend listening to it directly. Loys of food for thought.