Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 24/11/2021, 22:04:19 UTC
Man, I can literally see LFC and Arrie fuming...

Hang in there guys. $100k is not too far away. One more year at most. You HoDLed through a lifetime. What's another year?

HoDL, brothers!

One more year?  Holy moley!

You are really rolling your own models, no?

Yeah, bearish, I know... But a realist too.

There's no point in sticking to some target ($100k+ in 2021), when said target becomes increasingly unreachable. PlanB's model is all nice & cute, and it could work under certain circumstances, but here we're talking about far too many uncertain parameters. Of course, this entire price dippening / suppressening / sidewaysening could just end up being a big outlier, and the price could spring back up at any time, reasserting PlanB's model. It's just that I don't currently see the dynamics of such a large UPpity action ($40k+) being able to fit inside the space on 1 month.

Early 2022? Likely.
Within 2022? A certainty (for me).

Yes.... but I was hung up on your assertion of "a year at most."  When i see such a specific statement in regards to time, I read it literally as having a start date at the time of the post and an end date one year later, which would be November 23, 2022... so getting to $100k at the end of that timeline surely seems to  either be some kind of new model, some BIG variation of existing models or just sloppy in terms of did you really mean "a year at most?"

Another thing is getting to supra $100k or the alternative prediction of figuring out what is going to be the top for this cycle.   I doubt also that you would be proclaiming that $100k would be the top - even if it were to come as late as November 2022  (is that even possible?).

Personally I doubt that any kind of delay into 2022 in respect to getting to supra $100k is anything bold enough to write home about, so my quibble is your getting into the second quarter or beyond for something as mediocre as $100k - without explaining MOAR better how you may have gotten there.

Another thing you seem to be treating some of the price prediction models a wee bit loosey goosey... so surely when we talk about some kind of small deviation from calendar year 2021 but then drag way out past the end of 2021 into the end of 2022, that just seems a step way too far for me in terms of attempting to either be rigorous in thinking or to really treat our currently valid and credible models with some kind of deference for the underlying data that support them ..and that does not mean that you have to kiss any PlanB rings or lick any guru deemed butt holes (yeah I went there.... not good for opsec for any purported guru or guru wanna be to be exposing such bodily parts to us mere plebs... hahahahahaha).

why are you knocking the licking of butt holes?

@nohomo