|
10
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 02, 2022, 10:38:35 PM
|
After Warren Buffet's statements about the BTC
Warren Buffet and this guy Jorge have to be the biggest hodlers in BTC.......The more you deny an asset the more likely you are to be suppressing the price for your own gains. Mark Cuban owner of Dallas Mavericks and Shark on Shark Tank TV series was completely a naysayer until one day, Bitcoin was a great investment! It's possible that Warren Buffett is secretly buying bitcoin, and BRK will one day announce a huge position. Although...my bet is on Warren (or someone like him) being the next "clown show" during a new bull run. Here's how it would go down: 1. Price starts to run up bigly. 2. Warren Buffett 'begrudgingly' announces that he/BRK took a huge position in bitcoin, is somewhat optimistic, but still doesn't quite understand it. 3. Price runs up more, then eventually bubble tops. 4. Warren announces that he is going to divest from his bitcoin position, because a) it's a useless commodity, b) uses too much energy, c) he still doesn't get it, or d) all of the above. 5. Price crashes. It would pretty much follow the same clown show script as the Elon Musk pump and dump shitshow that we got last year. If not Warren, it'll be someone like him, someone very publicly visible. Maybe Bill Gates, etc. TPTB always need a new bullish 'patsy' during a new bull run. Nice script, however, both Warren and Charlie are more than one leg into their graves. I highly doubt it will happen  |
|
|
|
|
15
|
Economy / Speculation / Re: 2008 Again
|
on: October 14, 2017, 03:45:47 AM
|
|
Price will skyrocket in this case. Investors would discover that laws and policy based regulations are inferior comparing to a solution regulated by math.
Manipulations happens on everything speculative, however, in bitcoin world, there are only so much whales can manipulate, and in many parts their actions are visible as transactions in the public ledger.
|
|
|
|
|
17
|
Economy / Speculation / Re: $500,000 per Bitcoin, baby. The math behind it.
|
on: May 15, 2017, 07:00:55 PM
|
^Agree. Targets in my head about bitcoins for '27 are ~$10K. So this story has some logic.  I am quite positive that in 2027 price of BTC will be way over $10k. for that only 2 bubbles are needed. I expect we will see at least 3. Will be at $10k by 2022 just in linear growth, should be around $100k by 2027. |
|
|
|
|
19
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: April 28, 2017, 10:01:45 AM
|
What's up with ethereum?  It's still rising People are stupid. Yea, I think ethereum will be dumped pretty hard once bitcoin gets proper news time and really gets going That's people thinking eth will go up to where bitcoin is right now. I mean give them a chance  I see most ETH people are those believe in authoritative figures that missed Bitcoin train. ETH is perfect for them. Human stupidity is infinite after all. |
|
|
|
|
20
|
Economy / Speculation / Re: Learn from others mistakes. Hodl
|
on: March 03, 2017, 02:49:01 PM
|
Two 20-somethings create a phone app in their basement that allows young people to send stupid, inane or lewd pictures or video to each other, that then self-destruct in 30 seconds so their parents can't see it. And now the U.S. market suddenly thinks that this 'great innovation' given to the world is worth $20B overnight? Yeah. That happened. So the point is, don't HODL SnapChat (or Twitter). HODL Bitcoin instead.  You nailed it, SNAP is much worse than WhatsApp, yet the market reacted with $20B valuation, WTF!? All I can say is human stupidity is infinite. |
|
|
|
|
Show Posts
