That's really not many data points to be trying to to determine what is going to happen. I'm lucky that my full time job allows me to be a bit aloof about all of this.
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That's really not many data points to be trying to to determine what is going to happen. I'm lucky that my full time job allows me to be a bit aloof about all of this.
Yeah I think the real point I need to emphasize here is that everyone acts like it's a treasure trove of infallible information. The second Power-Law law gets invalidated these people are going to move to the next model and act like it has the exact same relevance as the last busted prediction. Get ready for many shouting "S-curve". "It's never coming back down because Blackrock is buying." ETC
Yeah, I have seen that in the past. It's not just BTC though. I have some people I follow and they are all hyped on some alts. I want to believe them because I hold those alts, but I know they are just grasping at straws as much as anyone else.