My 2 year old sons most recent projections

[semaforo]

  I posted my son's opinion on bitcoin price movement a few weeks back. He told me not to expect any upward movement. His position remains "hold." He said today bitcoin price will be going down, and then up "to the stars."

[BitcoinAshley]

Can he give us a timeframe?

If he said that in 2011 right after the bubble he'd have been spot on.  But without a time frame, it's like saying "price will go down, then up." Always correct.

[cbeast]

Can he give us a timeframe?

If he said that in 2011 right after the bubble he'd have been spot on.  But without a time frame, it's like saying "price will go down, then up." Always correct.

    My two year old son said that bitcoin price is going to stagnate and decline for the next few weeks, with gains coming about a month from now. I am paraphrasing. His predictions have all been correct so far, so it's something to keep in mind for those considering buying or selling bitcoin. Wait a few weeks to buy.

     Also, has anyone considered using oracle octopuses to determine bitcoin price moves?

Not bad.

[bitcoin44me]

Did you ask your dog?

[niothor]

Can he give us a timeframe?

If he said that in 2011 right after the bubble he'd have been spot on.  But without a time frame, it's like saying "price will go down, then up." Always correct.

Re: My 2 year old sons most recent projections

I really doubt he would have been able to say that

[Lohoris]

 I posted my son's opinion on bitcoin price movement a few weeks back. He told me not to expect any upward movement. His position remains "hold." He said today bitcoin price will be going down, and then up "to the stars."

He should put his money were his mouth is, a pity it's not on a tit.

[BitcoinAshley]

Can he give us a timeframe?

If he said that in 2011 right after the bubble he'd have been spot on.  But without a time frame, it's like saying "price will go down, then up." Always correct.

Re: My 2 year old sons most recent projections

I really doubt he would have been able to say that

Well then, he shouldn't be making predictions then, should he 

[HappyBitCoinUser]

 I posted my son's opinion on bitcoin price movement a few weeks back. He told me not to expect any upward movement. His position remains "hold." He said today bitcoin price will be going down, and then up "to the stars."

Yes, I let kids make my financial decisions cause they know the value of money.

[semaforo]

The original question was "Is bitcoin price going up or down?" A: "Down. Up. To the stars." The rest I interpreted.
Should I buy? A: No.
Should I sell? A: No.
Should I hold? A: Yes. Hold.

   I am open to all opinions and information. I rate all comments according to credibility and average it into overall decision.

   I still trust my son's market analysis ability more than many members of this forum- no offense, we all have different talents.

[vitalemontea]

Why hold but not buy?

[semaforo]

I interpreted that as meaning we have not yet hit the bottom.

[vitalemontea]

god grow up

why not sell if we havent hit the bottom yet

[semaforo]

god grow up

why not sell if we havent hit the bottom yet

  Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you?

[BitcoinAshley]

god grow up

why not sell if we havent hit the bottom yet

  Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you?

Good enough for me. It is for this reason that I didn't sell as much as any rational investor would have. Still holding enough BTC to make me uncomfortable, but holding enough USD to make me mad profitz when we do hit bottom and start rising again... which may end up being sooner than it took last time around, if cold hard fundamentals are any indication.

[vitalemontea]

god grow up

why not sell if we havent hit the bottom yet

  Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you?

You are just justifying your belief in your son's prediction. He either had to say sell or buy and hold. Not hold alone.
You don't care about financing racist regimes or any of that shit, you need profit just like anyone else.

[semaforo]

  I refuse to speculate or to gamble because there has to be a loser for me to win at gambling... since I can't guarantee that the loser is going to deserve it (in fact usually the little guy is the loser) I just try to make my money in more honest ways, like buying more bitcoin and waiting...

[semaforo]

god grow up

why not sell if we havent hit the bottom yet

  Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you?

You are just justifying your belief in your son's prediction. He either had to say sell or buy and hold. Not hold alone.
You don't care about financing racist regimes or any of that shit, you need profit just like anyone else.

  Yeah, and if wealth, goods, and services are allowed to flow freely without countries trying to enforce tarriffs and all the red tape associated with global business, trade volume and therefore wealth will go up so much that we will all be making a lot more money. Check out http://en.wikipedia.org/wiki/Comparative_advantage

   Fighting greedy and corrupt regimes does increase my profit- long term.

  Selling to buy back lower and waiting to buy are not the same thing- one is a win-win, the other is not. I am only interested in win-win.  transactions.

[SOSLOVE868]

god grow up

why not sell if we havent hit the bottom yet

  Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you?

You are just justifying your belief in your son's prediction. He either had to say sell or buy and hold. Not hold alone.
You don't care about financing racist regimes or any of that shit, you need profit just like anyone else.

  Yeah, and if wealth, goods, and services are allowed to flow freely without countries trying to enforce tarriffs and all the red tape associated with global business, trade volume and therefore wealth will go up so much that we will all be making a lot more money. Check out http://en.wikipedia.org/wiki/Comparative_advantage

   Fighting greedy and corrupt regimes does increase my profit- long term.

  Selling to buy back lower and waiting to buy are not the same thing- one is a win-win, the other is not. I am only interested in win-win.  transactions.

It also possible you get sold and never get it back....You screaming to the screen ask why why why...As I can tell there are no reason to come further significant downtrend, this is the bottom....Monitoring carefully, put attention on it , anything upward trends buy buy buy...Do not missing the future lottery...

[vitalemontea]

god grow up

why not sell if we havent hit the bottom yet

  Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you?

You are just justifying your belief in your son's prediction. He either had to say sell or buy and hold. Not hold alone.
You don't care about financing racist regimes or any of that shit, you need profit just like anyone else.

  Yeah, and if wealth, goods, and services are allowed to flow freely without countries trying to enforce tarriffs and all the red tape associated with global business, trade volume and therefore wealth will go up so much that we will all be making a lot more money. Check out http://en.wikipedia.org/wiki/Comparative_advantage

   Fighting greedy and corrupt regimes does increase my profit- long term.

  Selling to buy back lower and waiting to buy are not the same thing- one is a win-win, the other is not. I am only interested in win-win.  transactions.

It also possible you get sold and never get it back....You screaming to the screen ask why why why...As I can tell there are no reason to come further significant downtrend, this is the bottom....Monitoring carefully, put attention on it , anything upward trends buy buy buy...Do not missing the future lottery...

He'd rather ask his 2 years old son than putting attention to it. I mean why would anyone put attention to it when they can ask 2 year old.

[semaforo]

Is somebody having a bad day?