Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?
If not, let's assume it is so. If there is a 50% chance of listing by November 8th, and the best estimator of the February 8th price without COIN is the current price, then the expected gain by 8 Feb is 50%.
That's roughly 100% annually. It is a very very low estimate of the expectation of holding. It may underestimate holding time however.
If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.
In other words, I'm done accumulating BTC for a while. (Still working on XMR though.)
If not, let's assume it is so. If there is a 50% chance of listing by November 8th, and the best estimator of the February 8th price without COIN is the current price, then the expected gain by 8 Feb is 50%.
That's roughly 100% annually. It is a very very low estimate of the expectation of holding. It may underestimate holding time however.
If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.
In other words, I'm done accumulating BTC for a while. (Still working on XMR though.)
i'm done accumulating too
(and also working on XMR
)I told all my friends to get in at 70 level previous summer. Also told them to get in at 400-500 (and told they about the Bitcoin ETF)
They had their chance, I don't want to nag
