Crypto currency (IF banned from CA)

[Wizard]

Been a great call so far in all honesty, and he has to all extents and purposes been right on calling a crash even if it bottoms right here.

Bear markets can and do take time to run their course.

Sorry but how has it been a great call? It’s still some way off 10k and he’s been calling it for ages.

 

[DuuuncanHadaPigeon]

Sorry but how has it been a great call? It’s still some way off 10k and he’s been calling it for ages.

Thank you @evilwebby

I call for an 85-90% drop when the space was still very bullish. I get laughed at a lot.

Price drops 80% and shows no sign of stopping soon, still get laughed at for making a rubbish call.

Just think, if anyone listened they could have sold the top...

 

[DuuuncanHadaPigeon]

You’ve been saying 10k for about 18 months. When does a prediction run out?

Another way of looking at it is, that call has been in profit in for 18 months...

 

[Wizard]

Thank you @evilwebby

I call for an 85-90% drop when the space was still very bullish. I get laughed at a lot.

Price drops 80% and shows no sign of stopping soon, still get laughed at for making a rubbish call.

Just think, if anyone listened they could have sold the top...

Did you sell the top when Hex dropped 90%? Pretty sure you carried on encouraging people to buy as it fell

 

[DuuuncanHadaPigeon]

Did you sell the top when Hex dropped 90%? Pretty sure you carried on encouraging people to buy as it fell

I have always been very honest about the dips in crypto and have said many times how hex has dipped 80%+ like 5 times already.

I don't encourage people to buy, I just point out how hex is much better than any other crypto.

 

[YoboCopter]

Crypto wars >>> world cup

 

[ArtetaMoney]

I have always been very honest about the dips in crypto and have said many times how hex has dipped 80%+ like 5 times already.

I don't encourage people to buy, I just point out how hex is much better than any other crypto.

When?

 

[B8's REVENGE]

Whats this? I'm losing more money? Time to buy more while its down!


That's some serious scam. The more they lose the more ot makes them want to give you more. Gotta hand it to them.

 

[evilwebby]

Sorry but how has it been a great call? It’s still some way off 10k and he’s been calling it for ages.

Sure, it's still 30% away, but when you look at the prices from peak:


a fall from 70k to 16k is a -73% move
a fall from 70k to 10k is a -86% move

The more extreme the move the higher degree of leeway you have to give. Something that falls by -99% isn't a further -1% move from -98%, it's another -50% down.


I mean, if you say the stock market is gonn crash by half, and it turns out the bottom is in at -40% then you are not substantially wrong.


BTW I hav always maintaned that that - at some point - BTC will be essentially worthless.

 

[YoboCopter]

Sure, it's still 30% away, but when you look at the prices from peak:


a fall from 70k to 16k is a -73% move
a fall from 70k to 10k is a -86% move

The more extreme the move the higher degree of leeway you have to give. Something that falls by -99% isn't a further -1% move from -98%, it's another -50% down.


I mean, if you say the stock market is gonn crash by half, and it turns out the bottom is in at -40% then you are not substantially wrong.


BTW I hav always maintaned that that - at some point - BTC will be essentially worthless.

Dont tell nikom

 

[carlos21]

Dont tell nikom

Good evening yobo.

 

[evilwebby]

Also, don't forget that inflation turns that -73% fall to more like a 78-80% fall in real terms. Of course this is true for all assets and investments - you should always be thinking in real terms.

 

[DuuuncanHadaPigeon]

Also, don't forget that inflation turns that -73% fall to more like a 78-80% fall in real terms. Of course this is true for all assets and investments - you should always be thinking in real terms.

good point.

One thing that suggested BTC was at top was the GBTC premium, I said this many many times, when it went negative why would anyone buy spot when they could buy at a discount. Hit an all time low of -45% the other day, BTC will continue to dump until this goes positive again or the fund behind it go bust

 

[Moomin]

Currency of fraudsters and peado's.

 

[DuuuncanHadaPigeon]

Currency of fraudsters and peado's.

View attachment 192907

it's as much a currency as gold coins are, also I forgot that scams only started when BTC was invented.