Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 16/11/2022, 04:36:30 UTC
⭐ Merited by Gachapin (1)
isn't Bitcoin's price appreciation over the years good enough? FFS! I guess one can never have enough...
Looks like we are now at the end of the road for bitcoin appreciation. Now fully capitalised and valuations will probably hover between 20k and 60k from here on in.

The price has now dipped well below the last market peak from the 4 year cycle instead of staying above it as in previous cycles and the logarithmic long term trend has now levelled off, so stock-to-flow worked for a while but we've even departed form that = projections on the future based on hopium of the past  Wink
I wish I did not believe this.

I think the bankers have figure out how to yo yo BTC in a range.

Yeah.. The Bankers got it all figured out...

That's why I feel comfortable keeping almost all of my value in the good ole uncle Sam bucks.

Earn a yield, too.

Maybe 15-60k
Maybe 12-80k

Yeah.  We are fucked.

if true LTC/DOGE will be the long term winner in crypto.

That's why I am hedging with shitcoins..   I am convinced.  Litecoin and doggie coin will save us from our current system.. they are great hedges.

BTC will not do... Something is just "off" about it.. You know?  Why would bitcoin have actually invented anything that is paradigm shifting.  We gotta go with the imitators and the snake oils.. that's what we gots to do.

You with me?  Of course, you are.

We got our lil selfies into bitcoin because we believe that bitcoin opened the door, but some snake oil is going to be the one that we should bet upon.  That will make us richie, because we go with the one that is ultimately going to win.. litecoin and doggie coin.. they are the solution for reasons.

I wish I was younger to see it play out.

Doesn't matter if you were younger or older.  You seem to have a mindset that is fucked up.

You probably did too many drugs in the 60s.. and if you were to young then you did them in the 70s... that's why u no b thinking not very cleawrily.

The stress of being in bitcoin for nearly 11.5 years and still not owning very many cornz is not helping out, either, is it?

You are confused.

Face it, fillyma.

Say 2070 or 2080

I won't get to see that time  as I would be 113 to 123 years old then.

But maybe you are wrong. and it grows well over 500k btw it would need to be over 500k to be successful in 2060

We do not need to project so far in advance to see that bitcoin is already successful as fuck, and it is continuing to be successful, even if it is having some current ongoing DOWNity price pressures..

Keep stacking folks... don't be getting distracted by nonsense such as yields on dollars, doggie coin, lite coin or any other bullshit coming out of no coiners or low coiners, even if they happen to be BTC miners.


Honestly, if we done with the FTX dump, it was not as worse as it should have been. Just proves we near bottom. Down 2k after this massive attack on Crypto.

"Crypto"?  Who cares about that?

Have you been "out there" too much?

Come back...

Come back.

Not that you have ever been much of a bitcoin focused person that any of us could count on, . but still..

Focus.

Focus.



Focus ur lil selfie.

This was bigger than Mtgox.

Seems like it, at the moment.

I keep skeptical because of the coming recession so I will keep some fiat instead of jamming all into Bitcoin now but still surprised.

Not sure if keeping a lot of fiat is the solution.. but hey you do you, and you must figure out the BTC allocation level that brings you comfort.