Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 21/07/2025, 04:09:26 UTC
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.
I'd take the bearish side on 1 year at 50:50. Is that too long a time-frame?  Grin I don't know, I think there are enough people bullish enough to find that attractive.

You are not proposing anything very controversial or even interesting, yet sure, it is possible that some member might agree to take the other side (bullish side) of such a bet.

I already explained why I was not interested in my earlier response to Biodom, which relates to our distance from the 200-WMA, which is currently right about $50,200.

I already stated that I would be willing to bet that the BTC spot price won't go below 25% above the 200-WMA until after the end of 2025, which currently 25% above the 200-WMA is right about $63k.. but I also said that I would be willing to bet that the BTC spot price does not go below $75k, even though currently $75k is 50% above the 200-WMA.

Sideways?    Roll Eyes Roll Eyes Roll Eyes Roll Eyes

I really enjoyed Jessica Jones.
Sideways doesn't bother me anymore either.

I think that part  of my point is that I don't think that we are in sideways, even though it might feel like sideways.

[edited out]
Sideways is really good for me.
I will take two months of 117-127k .

We can follow that with two months of uppity

The way that you are framing it and even wanting to insist on it is almost getting bettable.. though why make a bet rather than just seeing what happens.. even though there likely is some kind of bet in your ongoing insistence on sideways, as if it were a "real" thing that exists in bitcoin landia in these here price arenas.

I don't know how true that is but I surely would be glad if we're truly at that point.

Source

Looks about right to me.

I don't know how true that is but I surely would be glad if we're truly at that point.

Source
I wish but we are not there. We passed there years ago.
You can still buy Bitcoin though.

It is so funny how people continuously make the same/similar mistake to act as if bitcoin were some kind of a mature asset class, when it likely has somewhere in the ballpark of less than 1% of world-wide adoption.

I cannot see how bitcoin is supposedly "mature" with those kinds of adoption levels.