Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Are we going to see a solid run at 25 tonight?
I'm calling it, it's happening. If it doesn't, feel free to blame me!
Is it still night anywhere in the world?
Are we getting jam tomorrow, too?
What's that thing you refer to as ethereum?
Does it relate to the topic of this thread? explain.
I tried to report his post as off-topic but this is what i found. 
Does it relate to the topic of this thread? explain.
Off-topics are allowed in WO
By the way Bitcoins scarcity does not work in its favor or does it bring any value
To the extent that you have any brain, you need to rethink your concepts of what brings value to anything.
You are likely correct that scarcity in itself is not necessarily going to bring value to some thing that does not have a reason to be valuable - however, if there are other reasons (besides scarcity) that something has value, then scarcity can end up enhancing the value that the thing already has.. and the opposite is true too.. a lack of scarcity of something that is value will also undermine how that item is perceived to be valuable.. even if it is valuable...
Do we need to get into examples for you to understand the concept a wee bit MOAR better? I know that you eXPHorizon are not really trying to learn.. since you don't even seem to have any kind of bitcoin accumulation strategy beyond begging for something that you are claiming does not have any value.
World's largest asset manager BlackRock: Bitcoin "is the primary subject of interest from our clients" within crypto.
Source: Bitcoin Magazine.
Source: Bitcoin Magazine.
Probably already mentioned but nice to read about : InvestAnswers Shows How BlackRock-Coinbase Partnership Could Send Bitcoin (BTC) To $773,000
Anyway this is how they calculated it.
Quote
“If they add 5%, which is what Dan Tapiero says, I think it’s way too aggressive. Maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 in the next three to five years pretty easily.”
In truth I'm ambivalent about very high BTC price too soon (in USD). I need it at some point and believe in it long term (need it because I don't have many BTC), but if we get there too quickly, it's probably a sign the USD has collapsed rather than BTC has grown that much, so that high value BTC wouldn't be worth that much at that time.
You seem to be speculating on unlikely to happen scenarios aesma.. and even overly worried about your own situation which might cause you to want to gamble too much.
I think that it remains a good and sound practice to just stayed hunkered down on your strategy of ongoingly accumulating BTC with DCA and buying on dips and HODL when you run out of money, and you are still early as fuck to this whole thing so there seems to be little need to be overly thinking about what if this and what if that when we already have decent ideas of more likely scenarios that 1) bitcoin is likely going to remain volatile as fuck, 2) there are going to continue to be large battles in relation to bitcoin that ends up affecting its price and 3) in the long run bitcoin is going to continue to gravitate value and it's price is going to ongoingly gravitate UPpity, even if there are going to continue to be a lot of UPs and DOWNs along the way and sometimes we are going to lose confidence in it.