Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The history of the corn. Gaze upon the 2017 volume vs today... where on this graph are we???
Zoom in on the 2 year period of the greatest global economic crisis in our lifetimes.
Damn.
Zoom in on the 2 year period of the greatest global economic crisis in our lifetimes.
Damn.
I am going to guess.
We are at the low sloping part that is before the exponential part?
Did I win anything?
Wait.
Are you saying that volume fluctuated more in 2017 than it is doing right now, so therefore there might be some reason to worry.
Let's search for a reason to worry.
Great idea.
I don't want to have to worry.
Good guess.. And I don't know the answer. It could do anything... But it might just fulfill the prophecy that was made so long ago, and paint something that look like 2014. At this point that's the only "echo" it can do. It ain't going to look like 2017.
Well I take that back, I guess... if it went up a whole lot more than most of us think, from here, then the previous high might just look like a blip. But that seems kind of unlikely. And it would still be kinda new. So it boils done to super cycle, regular epoch, or black swan.
And I second the suggestion you made to yourself not to worry. This would be a crazy time to worry. We got nothing but good news around this corner, lol... I will honestly be surprised if this one doesn't just come up and hit us in the mouth. (in the best way)
I am not sure why you seem to paint yourself into a corner in regards to limiting what the various outcomes could be..
We already know that subsequent cycles tend to have various ways to overlay upon earlier cycles, but there are also ways that subsequent cycles can be distinguished and distinguishable from earlier cycles - and not even necessarily falling into a category of a supercycle. Let's say for example that a lot of us had been getting confused about whether this cycle would look like 2013 or like 2017, but it kind of looks like 2013 because there seems to be two exponential periods rather than one, but then we might say that we end up getting three or four exponential periods. but then whether we get a 70% to 85% correction that lasts a long time might be another one of those stories/claims that we cannot really grapple with until sufficient amount of time actually passes so we can actually see what happened rather than attempting to pinpoint it too much while we are in the midst of it.
So maybe even I am experiencing a certain higher level of anxiety when attempting to extrapolate in a prescriptive rather than descriptive way.. so sooner or later, you guys are just going to cause me to tell you all to fuck off because I don't want to extrapolate too much beyond one leg of our journey and right now it merely just figuring out how this noman's zone is going to play out.. and I give few shits if we top out at $100k or we end up topping out at $1.5 million... for this cycle...
Don't worry.. I am probably not going to stop attempting to play along with some of these predictive discussions.. even though there is some frustration to attempt to get into too many specifics... beyond one leg at a time (or perhaps two if we consider legs going in two directions rather than just presuming one direction- which is sort of what the noman's land thesis attempt to focus upon).
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proudhon = rich
Maybe no need to speculate any kind of exactness of such stash.. but just go through questions about whether some of those coins were shaken out along the way... nothing like going to the horse's mouth itself to get some confirmations, right?
Maybe proudhon's sold when he starts posting bear talk. Then maybe he buys back in after he's brought the price down.
Well, yeah, kind of hard to figure out such a puzzle if the guy is posting what would appear to be the opposite of what an actual HODLer would want.