Quote from: STT on January 26, 2025, 09:22:25 PM

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He only joined Bitcoin market since the last market cycle,

Really surprised if thats the case as he has been predicting the fall of the dollar seems like 20 years along with a whole load of despicable brat pack type doomers that I know of and have followed for some time. Robert's particular vintage is buy property and write it off against taxes and so on, play that game makes you rich apparently though I imagine it also makes you broke if more security is required in a down turn for prices, empty houses etc.

250k is pretty dam mild, thats the first impression that strikes me and I could be wrong but it feels light going for this pedigree of doomster. I mean, I could call 250k as reasonable for a peak price and most of the time Im super boring, pessimistic and I've lost out out plenty times previous expecting lower prices for BTC then actually happens.

The main deal is timing, if BTC peaks this early, now, the next few months then its fallen short no doubt forget the actual price its like a wet firework that didnt quite go off. That could happen but I dont see why it should just yet. The alternative is a positive feedback type hype blow off top and that kind of price is higher then 250k surely but maybe Ive swung too far expecting too much. I only really care about the averages and lows, the peaks often are hard to trade anyway.

Interesting take on the timing! I agree that if BTC peaks too early, it might feel underwhelming regardless of the price. A blow-off top scenario would indeed push the price higher than $250K, but as you said, timing is everything