Quote from: buwaytress on November 10, 2021, 06:21:32 PM

Quote from: JayJuanGee on November 10, 2021, 05:05:10 PM

You can believe whatever you like in terms of the BIGGER players abilities or inabilities to move the market or to take advantage of momentum to push the market further than what it might have otherwise gone, and even your seemly somewhat detached beliefs that BTC market has become "too big" to move. Roll Eyes

Brain tells me "too big" but brain also is reminded by everything else going on around crypto and fiat how pointless it is to rely on brain (for instance, the US dollar which was certainly too big to just allow to print to insanefinity, yet went ahead and did anyway). And god knows how many people thought $100 was too big, or $1000, as evidenced by countless hands letting go at those peaks, believing the unbelievable had impossibly happened and that that was it.

We've even got bloody JPM ascribing the true value "minus volatility" of Bitcoin today as way more than S2F's 130k range, so who's to say that very same weakness can't push price above and beyond what's "true"?

If I win, I'm throwing a send-pizza-to-all-participants party with the prize, cause I'll be flush =D

I am not sure about all of the points that you are making buwaytress, but I will acknowledge that your point about the "it's too BIG to pump as much as it used to pump" blah blah blah nonsense has been a repeated theme (talking point) to cause people to fail refuse to adequately prepare for UP on a number of occasions, just like you mentioned.. $100 $1,000 and a whole hell of a lot of other price points, too. The same nonsense has been asserted to cause people to believe that they are justified in investing in shitcoins also, and largely it seems that bitcoin has been absorbing value in such a way that it has been keeping up with its own various value propositions.. and sure, maybe it cannot pump as much.. so instead of going up 1000x and then 100x in various subsequent time snapshots, it might ONLY be capable of going up 50x in a similar time snapshot, but still does not mean that it cannot continue to have exponential price rises that continue to beat the pants off of a large number of other asset classes and to remain as the best in vestment, even if there might be uncertainties regarding how much it is able to pump in some 4 year cycle or if the cycle might deviate from its earlier time expectations.