For sure this is a reference to post count (presumably in November, even though there was a reference to both October and November), and sure there is some humor in what you say - even the sad part regarding your actually being serious in your humanoid perspective.


I was close to commenting upon this idea earlier.. and surely it seems to be that there is a kind of tendency for disingenuine posters (or maybe sometimes just distracted posters) to get caught up upon previous tops and to use the previous tops as their measuring points regarding where we have been, where we are at and where we might be going.  Maybe a disproportionate focus on the tops allow for the presentation of more extreme views and just to lead the topic into nonsensical directions (even if there might be some factual truths within the framework).

So, yes.. there is a truth that bitcoin prices for this particular top of $69k had so far ONLY reached about 3.5x of the December 2017 top (which was $19,666).

On another note, I am thinking that a fair representation of the start of this particular bull cycle would be around $4,200, and surely some claims of randomness can be thrown in my direction too.. but I will maintain a believe that $4,200 is a kind of ballpark starting off figure for this particular bull cycle and that the cycle had largely started right around April 1, 2019 (even though we could not really feel too confident about the start of the cycle until around mid-May 2019).   So, our high so far for this cycle seems to be around 16.4x from its base.. which surely is way smaller than the 2013 cycle and the 2017 cycle, which ended up around more than 100x and around 78x respectively.   

If this cycle ends with only 16.4x, the that would be a decent amount of disappointment for a lot of BTC accumulators/HODLers who seem to have been expecting a bit more for this cycle (including yours truly), but even a 16.4x price appreciation is still not any kind of major disappointment - absent figuring out where we would be going from here (presuming that this cycle is actually over, which does NOT seem likely but we surely cannot rule it out because having this cycle over would likely have greater than 40% odds of actually playing out that way.. from my quasi-layman's overview).

By the way, another ball park framing from my perspective would be that current odds of going below $10k probably would have less than 1% odds, below $20k less than 5% odds and below $30k less than 20% odds... and another dynamic is actually to go below those various price thresholds as a kind of spike down, and another dynamic would be to actually be able to stay below certain price thresholds.. and in any event Billy nocoiners desires to discuss sub $10k as if it were really any kind of meaningful possibility seems to be quite a fantasy whether we are either referring to sustainability or even short term spikes (and sure we did see one exchange (BinanceUS) have a fluke short term spike to around $8k just about 2 months ago, and surely that is a kind of fluke of relatively illiquid exchanges, rather than any kind of a meaningful reflection on the overall BTC price support thresholds).