blah blah blah I'm normally a huge TERA fan but since I'm long it's time to bash TERA and call him a short and post charts showing a new ATH in June and $1 million by 2020.
No I'm not short on altcoins but I wasn't holding any either. And I think it's incorrect to say that past chart patterns are irrelevant. I actually used a chart from 2010 to get in on a rally in 2013.
I tried and actually think I have succeeded in engaging with you and welcoming your thoughts back into the community. But as usual in my experience, when someone is promoting an agenda or not being truthful...mistakes are made. This was when your merit count was low and everyone was convinced that you were not TERA of old..but a hack. I am not 100% convinced you are that person, but it really is irrelevant as to who and what you are. If you bring quality content that has insight and entertainment value..I am all for it. If your going to bitch and complain when things dont go as you predict or hope. Not so much sympathy here anymore.
From where are you getting the figure 300 million? Are you anticipating a 10x increase in users in the near future, because currently, it seems that the user base is perhaps around 30million, at best.
Define "near future"? I was extrapolating this data to include the next halving. So I think within the next 18 months we will feel the impact more acutely. I got it off one of my twitter feeds I am sad to say..and tbh I cant find it atm. I am pretty sure I liked the article..so I probably just need to dig a bit deeper to find it. Processing.
Well, I was pretty much asking you about what you meant by 300 million... because we seem to be a long fucking way from 300 million.
I kind of anticipate that the price is going to rise a lot faster than the adoption.... so perhaps we may only need a doubling in the user base in order to get a 10x increase in the price.
In my thinking a 10x increase in the adoption rate would probably be 100x or more in the price... Isn't that approximately where metacalfe's law takes us...?
You seemed to have been implying that 300 million was a present number, and your clarification of 18 months seems a bit too soon; however, possibly in a few more years, we may reach 300 million... perhaps 2022? Yes, I am guessing, but my guessing seems to be more conservative than yours, no?
I cant find that..and digging through twitter likes feels like a personal hell this morning. If I implied or if it was misconstrued I apologize. It is a big guessing game. There are quite a few Information Rules that might be applicable imho.
You are correct with your estimations to a certain extent. If you want to read more on this at a
very high level you could try here. There is good data being gathered Jay..but its so thin and the market so relatively new that there is a wide range for error.
We present an approximate analytical solution for the connectivity of a network model with a “non-simultaneous” linking scheme. This model exhibits node-space correlations in the link distribution, anomalous fluctuations in the time series of the connectivity variable, and a finite-size effect: the maximum number of links occurs away from the critical value of the system parameter. We derive an exact Master Equation for this model in the form of an infinitesimal time-evolution operator. Fluctuations are much more important than the mean-field approximation predicts, which we attribute to the hetero-geneity in the model. Finally, we give a sketch of possible real world applications where the value of a network is related to the number of links.
https://ac.els-cdn.com/S0960077918300249/1-s2.0-S0960077918300249-main.pdf?_tid=d524569b-2ae8-49e3-aebb-062776a18808&acdnat=1524664980_6000bcfc5067e80c3e77c59d951ccf08------------------
Bitcoin
Possible hotdog pattern spotted on the chart. #btfd
*edit* forgot to drop in the real chart..sorry.
There will be a retrace involved here..just have to see how high we rebound. Looks to me like someone was exiting Coinbase..$175 discrepancy as of now...interesting.