These bears wtf

3rd bounce off 58.*K.
Why so negative?
From here I'll be looking for a 10-100x BTC by 2030.
Whoaza!!!!
Even if I do appreciate some aspect of your conservative approach.. that 10x is pretty damned conservative for more than 2 cycles from now (including the finishing of this cycle - so almost like 2.5 cycles).
I'll even be happy with a 2x to be honest.
I doubt gold will even do that.
You are a damned bear.

Actually you may well be correct that gold is going to be having some troubles in the coming 8-10 years.. and part of the matter is that bitcoin is continuing to eat its lunch.... but there is also a kind of ambiguity in your way of framing the matter (a kind of incompleteness) because there is one aspect of gold's likely appreciation in terms of nominal dollar terms and then there is also a question of adjusted appreciation in terms of what the dollar is likely to do...
Accordingly, even in somewhat normal (if there is such a thing?) times, the dollar would depreciate quite a bit in 10 years.. maybe even close to half.... but surely there are arguments that would suggest that 2-3% annual depreciation still would only add up to less than 50% depreciation in 10 years.... whatever the damned depreciation arguments, you have already alluded to the fact that there seems to be almost no way that we could be living in close to normal times. I do appreciate that the placement of the dollar as a more dominant of world reserve currencies - relative to its historical position - does actually allow for more dilution so that diluting the dollar can be absorbed in global ways rather than just domestic dilution... but still actual depreciation of the dollar (likely inflation) is somewhere in the ballpark of 10% to 20% per year.. so that brings us to best case scenarios of halvening of the value of the dollar in 10 years but more likely something like 1/4 value within 10 years.. absent some various smoke and mirror recovery mechanisms to force some kinds of higher levels of discipline that might well be part of a catch 22 that would be quite difficult to actually carry out.. even if such medicine might be good for the patient.. absent a kind of likely outcome of killing the patient with such seemingly needed imposition of disciplinary medicine.
I am getting a wee bit beyond any macro-economics knowledge that I have so I better stop while I still have some hope of a semblance of quasi-coherence.

From a few of your posts naim027, you are starting to seem a bit distracted and focused on shitcoins.
If you do not correct, you may well need a batman slap soon or maybe some other kind of similar treatment, and hopefully, I do not start regretting even having had sent you even one merit because you had seemed to have made some decent points, earlier.. especially if you might not even be trying to focus ur lil selfie a wee bit better.
Have you heard of king daddy? Do you even close to understand what it is? I doubt any of us expect you to be any kind of expert, but jesus fuck what's the deal with focusing on shitcoins and somehow considering that to be relevant to our savior, aka king daddy?
This is a bear trap...
Just sayin'.
Strap in? Or Strap on? Pick your fav I guess...
Just quoting as a reminder...
Yeah.. for sure it is very helpful when you quote ur lil selfie to remind us of such purportedly "very important point" that you had already made earlier..
#nohomo
