Thread: [Merged] Bitcoin - Part 3
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Old 22nd October 2019, 10:03 PM   #244
psionl0
Skeptical about skeptics
 
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Originally Posted by Samson View Post
I don't know why you make these statements, bitcoin is a very technical market, and everyone should profit from it, though I cerainly don't want to encourage the nonsense.
That rally has expired as expected and at 8070 now an outstanding short.
I guess that I shouldn't say "50%". Your language is so vague that it could literally mean anything.

That "substantial rally" doesn't even register when you draw the price chart to the same scale that saw a moderate (20%) price drop on 24 September.

All I know for certain is that everybody who has ever predicted a terminal (or "structural") price decline has wound up with egg on their faces. Since you employ the same debating technique as the author of the money thread, you are likely to be permanently eggy despite your constant attempts to reinterpret your past statements.
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975
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