Quote from: JayJuanGee on August 10, 2023, 03:11:58 AM

Quote from: Odohu on August 09, 2023, 03:50:34 PM

Quote from: JayJuanGee on August 08, 2023, 05:19:25 PM

[edited out]

Your point is taken and projections well appreciated. While your projections are exciting and suiting to read, the path to their actualization are still not clear but then, they are opinion and hypothesis that are not cast in stones.

Well, there might be some kinds of projections that are more specific than others, but even if you had looked at my post in which I attempted to assign probabilities to all price ranges (up and down) and then to place those projections within a specific time frame, those probabilities were assigned based on that particular date, and sure maybe they will continue to stand, even in my own head for one, two, three or even more months until some kind of event might happen (whether it is merely the passage of time or some kind of a price event) that causes some needs for me to feel that I need to assign probabilities differently... and even if you specifically look at the prediction that greater than $1.5 million has a 0.5% chance of happening, that is a pretty damned low probability, so you can call me a crazy loon, because I have assigned a non-zero probability to such a large number, and I doubt that I am being unrealistic at all, even if someone else might have topped off at $100k having a 0.5% chance, and I would have called them loonie for failing to sufficiently/adequately account for upside scenarios, even if they still ended up being correct for the last cycle, but it still does not mean that they were correct in terms of the odds that they had given to $100k being breached.

Quote from: Odohu on August 09, 2023, 03:50:34 PM

On the aspect of Bitcoin and Gold, I think both will play a key role in the future. While the later have come of age, the former ia still young and will take some time to fully harness the potential.

It seems to me that bitcoin is going to continue to eat gold's lunch, just as it has done in the past 10 years or more, so on an individual level you likely need to figure out how much to waste your time, energy and value to place it into gold... but whatever, each of us need to decide for ourselves the extent to which we might end up diluting our bitcoin investment into things like gold... I would suggest don't waste your time and money to invest any more than 10% of the value of your bitcoin investment into gold, but hey, you can do what you like.

Interesting to see how people embracing the power of Bitcoin over Gold, Ha... Still not a bad idea holding Gold but you don't compare in terms of portability and safety. If your gold should get missing, how do we recover it? one question we ask ourselves. Bitcoin requires only a digital wallet with a backup phrase to recover in any circumstance, so very difficult to loose funds. I also suggest as others did buy and hold Bitcoin for a better future