~
its about finding the ultimate bottom.. the actual bottom cost they refuse and impossible to sell below.. . concentrating on the low/bottom
~
Alright, first off, Thank you for taking time to explain all of it with such thoroughness.
Can you please say what's in your opionion is the ultimate bottom for BTC? Yeah, I know it will be just your opinion, not a financial advice, but still it would be interesting to know your opinion on this matter.
~
the answer is.. the price is not at the $70k premium and so it must be cheap.
..
as for wanting spoonfed answer to an exact bottom VALUE. for emphasis: the bottom VALUE can move. due to many factors. as soon as a number is seen by a majority.. it would in fact end up being the cause of shifting that number.
so any number given, is outdated as soon as its given.
but right now, bar any catastrophy of a major code bug or world wide power outage, etc.. the price is in the very good very cheap value range near the bottomThank you. That's what I think too. If we discard very unlikely events, we can say that we are there, near the new bottom now. It doesn't mean it's time to sell everything and buy BTC. I bet some people can ignore Bitcoin completely during the next couple of years, and still be doing OK. Like you can ignore Kindle, and think that it will never be as good as paper books, but the reality is, it is better, the future of reading belongs to it, same as the future of money belongs to Bitcoin.