Quote from: Gachapin on January 17, 2023, 05:15:33 PM

Quote from: Lucius on January 17, 2023, 04:07:29 PM

Quote from: Gachapin on January 17, 2023, 02:31:38 PM

bs post of the day. I like it. thanks for the laughs Cheesy

It's only a matter of time before @Ucy takes credit again for influencing the price of Bitcoin with the help of the Creator Roll Eyes

https://bitcointalk.org/index.php?topic=5404659.msg60487095#msg60487095

How can I have missed this account... really entertaining

I am not much of a subscriber of the power of mere positive thinking without other actions to effectuate the changes that you would like to see.

I know a lot of folks emphasize these kinds of positive thinking matters, and I suppose it is all fine and dandy to have positive thinking so long as it is also coupled by various kinds of actions that go beyond merely thinking positively.

I do agree that it can be quite wearing to be around people who are NOT able to think positively, so there likely needs to be some balance - otherwise some of the think positively bullshit just starts to get annoying... at least that has been my perspective, and surely these are relative matters because I am sure that many of us are much more receptive to interact with anyone who seems to NOT be draining upon us.... so surely there is some power in terms of having good bedside manners and being genuinely nice and not complaining all of the time.

Quote from: TrustedBitcoiner on January 17, 2023, 07:31:48 PM

I expect range trading around "fair value" with dips that could go as far as channeling 15.5K ( maybe not in the immediate short term maybe a couple months form now )

No problem.

Reasonable people can differ in regards to what they consider to be fair value and what factors/indicators they take into account in order to attempt to measure what they believe to be fair value.

Just on a hunch, I might be willing to concede fair value might be somewhere around the 100-week moving average, yet of course we are more than 50% below that.. so maybe my secondary concession would be that fair value should at least be above the 200-week moving average, and we would need to get somewhere around a 15% MOAR price appreciation in order to get to that bottom threshold.

If we all agreed on fair value, then there would be less volatility, and likely fewer instances of feeling as if we are in a battle or a war..

... but what should we expect if we are likely in the midst of one of the largest (if not the largest?) peaceful transfer of wealth that the world has ever seen?

Surely each person is going to have different ways to attempt to assess BTC "fair value" including perhaps considering the extent to which they might end up being motivated to buy some bitcoin, and for sure there are quite a few folks (the overwhelming majority) who either do not have any at all and surely do not even come close to having enough, in the event that they do have some. .. but that's fine.. they will come to bitcoin when the come to bitcoin.. even if it might take a bit of time for some folks to realize various ways to value bitcoin, which also will affect perceptions of "fair value."