Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 06/02/2025, 17:02:30 UTC
I have hard time finding a post from Jan-Feb 2023 when Bitcoin crossed 20k and someone here said that we won't see Bitcoin below 20k again and that prediction is true, at least till now.

I don't think we will see Bitcoin below 90k again. Book mark this, so you can easily find it in 2026  Wink 

I doubt that your proclamation has much significance.  Sure you could end up being correct, but so what?

I would place slightly less than 50% odds that we don't go below $90k ever again (spot price on Bitstamp, right?).  I am not even sure if I would be willing to bet my own  50/50 or less than 50/50 feelings.. which that I think that there are greater than 50% odds  that we go below $90k again at some point...

To me, it seems to become bettable when you are giving 100% assurances or something close to high assurances that we are never going to below $90k again.. then that seems like a bit too much certainty, then you should be willing to give high odds on a bet like that, too.  especially since you are so confident, right?  I doubt that you would even give 90% odds on your statement.  which means that I would ONLY have to bet 1/10 the amount  that you would have to bet.. something like that...because you are the one expressing so much confidence on your assertion.

In gambling, it's the house that' the winner not the gambler. Unless you are not the house, you must be ready for loss.

Having said that yes I am confident that we won't see Bitcoin going below 90k and I am saying that with full confidence. On on the other hand if Bitcoin goes below 90k then I will be one of happiest man, since that will give me some space to buy more.  

It's a kind of win-win scenario for me.

[edited out]
philpima1957 has it's own versatility style which is difficult to follow or copy  Wink

You are doing a pretty good job following in aspects of his from time to time dogmatisms.

You got me wrong JJG, I am an easy going guy with simple beliefs  Smiley