Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
In other words, we are still pretty far from me saying that sub $100k will never be reached again, and I even believe in the discussion of my bet with WatChe, I said that I probably would ONLY start to consider that sub $100k is no longer in the cards once the BTC price gets above $333k.. but at the same time, if the BTC price were to get to $333k too fast, I might not be willing to proclaim that sub $100k is no longer possible (or at least no longer probable is the reason for betting).
It's hard to say about lows and highs of Bitcoin. It just moves according to his own will. BTC's price movement is not totally random, and even within parameters the price moves within limitations that might not be completely obvious, even if we can proclaim that the future is not predetermined either, even though some future scenarios have higher odds as compared with other future scenarios. Part of the reason that we can bat around ideas and disagree relates to the varying reasonable scenarios with some scenarios being more likely than others... yet we don't all see the information equally and that was part of the reason why you were willing to give me 10:1 odds.
I'll take the bearish side of it 'Not going under 100k' (within a certain time-frame), if anyone is interested. I am always interested in throwing bitcents around in gambles such as this.
You likely need to be more specific.
You are betting 50/50, and what do you say within the next 3 months or some other timeframe?
50/50 odds is not really very compelling, even though there are guys willing to bet one way or the other, I have my doubts that you are presenting any kind of a compelling proposition about sub $100k still being in the cards.
By the way, it seems that this conversation about sub $100k no longer being possible was that Biodom was wanting to bet me and he was taking the downside with a presumption that I was already leaning way over 50/50 that sub $100k was no longer in the cards, which I hardly even came close to saying any thing like that. He was imposing that belief on me and trying to suggest that he was being charitable in making such a bet, when in fact he was merely changing the subject away from his original proposition in which he was saying that bitcoin prices would spend somewhere in the neighborhood of 2,518 within 6 digits and then presuming that 7 digits would come after that. I proposed what I thought to have had been a fairly reasonable bet in regards to his claim, and he changed the subject.. My proposition was that within the next 7 years that bitcoin would spend way less than 2,518 in the six digits and that bitcoin would likely be spending its time in the 7 digits by the time we get to 7 years down the road. I actually don't even have strong feelings on the topic, even though I was willing to take the other side of Biodom's proposition.
OK. And then what?
Sideways action has resumed.
Chopper has landed.
Sideways action has resumed.
Chopper has landed.
Sideways?
