Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wachtwoord
on 26/05/2014, 12:36:37 UTC
What's notable is that Trolfi admitted he couldn't be argued out of his position, so only empirical evidence will convince him.
The original poster asked what I would consider proof of success.  Obviously that can only be empirical.

Logic can only change someone's expectations of success.  I could be argued out of my position, but I see big flaws in the supporter's arguments (like "the price will go to the moon because the supply is limited") which they refuse to acknowledge. Why should I change my expectations then?


Growing demand + limited supply = growing prices
Extremely rapid deman growth + limited supply = extremely rapid price expansion