Post
Topic
Board Speculation
Merits 15 from 5 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 18/08/2021, 19:43:57 UTC
⭐ Merited by LFC_Bitcoin (7) ,El duderino_ (5) ,xhomerx10 (1) ,Hueristic (1) ,AlcoHoDL (1)
Since I've made a couple of wild & accurate predictions in this thread in the last few years, here's one more for y'all:

SP500 won't cross 4500 for the next few years (currently trading at around 4444)... and yeah, that'd not look very good for BTC either.

I would not characterize your previous predictions as accurate, exactly.

Didn't you sell all of your BTC in the $30ks, post about it in this thread and when the BTC price was in the lower $30ks suggest that others should do the same as you at those even lower prices, and furthermore tell us that you made good call?

Had you ever considered that bitcoin is not correlated to fiat .. especially if you zoom out a wee bit.

Bitcoin is also not correlated to equities... nor gold (or other PMs).

Good luck with not having any bitcoin in the coming 4-12 months...

You will likely be needing quite a bit of luck, especially if you plan to continue to stay a no coiner during such time, whether your dumbass correlation theories are correct or not... which bitcoin has not so far been correlated to equities, so why the fuck would bitcoin start becoming correlated, unless you are relying upon a total Armageddon scenario playing out which is another long shot, and even with a total Armageddon theory it is not really clear that bitcoin would completely fail in such a system any worse than other assets/currencies.. so likely still good to hang onto some bitcoin in case it were to catch on.