Just came to say Hi and to share something euphoric about the future
What the hell happened to you, since about May-ish?
I have read many speculations about you no longer being with us?
Another extreme dear brother showing up, my dear JJG.
Have been drowning into the crypto twitter ocean and IRL issues.
But finally back and gave our bullish thread a push
I've missed you all brother, hopefully I won't fade away again
EXACTAMENTE!!!
Even though each of us have our differing styles, your style has been missed - yet it seems a bit extreme, too, of you, to post 2-10 bullish media articles per day for several months (and spoil many of us), and then completely disaparecer for 6 months -ish.
In any event, I am glad to see you back, and I look forward to posts and your perspective.
O..k.. One other point that I would like to make is that I had frequently asserted that you were much more bullish than me regarding short term BTC price performance - especially if we look back to our interactive posts in the late 2015 time frame and even the ones in the mid-to-late 2016 time frame. So, it seems that you were much closer in your assessment than me, because current BTC prices are running about 3x to 4x higher than my most likely bullish assessments of those times.
I confess my brother, I'm an extremist.
I'm not a moderate person and an insane risk taker, so let it be whatever it meant to be.
I did you miss you a lot my dear brother and missed our talks a lot and here they are back again
My new targets are as follows, and you are free to call me an insane/crazy person, I know I'm mentally mad :
2018 will end at $100,000
2020 will end at $1,000,000
We are just warming up and we ain't seen anything yet, wait to witness 2018, it's will be a mind-blowing year.
I am going to call you insane/crazy, perhaps with a couple of conditions. First condition: What you are saying does not seem to be out of the range of contemplation - however, each of those numbers under those time lines seem like long shots - however, if the first one is met, then the second one would become more probable. Second condition: I hope that you are careful in terms of your own investment - because without revealing details, it seems to me that you should have a lot of value right now, whether you hold that value in crypto or fiat or alts or some combination, so in that regard, I hope that you are hedging what I perceive to be (and you seem to admit) your extreme thoughts. hahahaha.. you and MacAfee... I just realized ---- John, is that you?
Well, what I've figured from living on this planet for 27 years that all of my life is based on "bets" and not a normal bets, it's a "take-all-lose-all" bets as I've a major issue in my personality called "Perfection!!!!"
Regarding cryptocurriences, I guess I've said it before, I'm "all-in".
So let it be what is was destinated to be, I'm here for the long haul and for the perfect me.
Actually I din't see those number long shots.
These year we did nearly a 20x, it we make another 20x, we will end 2018 at $400,000, so can't end at $100,000 ?
2018 will the start of the real fireworks.
I suppose that if your self-assessment of your perspective and methodology seem to be working out pretty good for you overall, then it would be difficult to change, and as you suggest, there would likely not be any need to change a system that is working and does not seem to be broken.
I will admit that the BTC price performance of about the past 4 months has been about 3x to 4x more bullish than amongst my most bullish of perspectives, in the early to mid part of 2017 and previously. Accordingly, such bullish performance has caused me to tweak my BTC expectations even further upwards.
Personally, I don't think that my tweaking of my BTC price expectations further upwards is some kind of pie in the sky getting caught up in hoopla, but instead is based on a kind of solid evidence based reassessment of the situation based on such evidence. I surely doubt that we are at the top of the current trend, and we will be testing the resistance of ATH price points in the near future (within 1 week to 3 months); however, I still think that another 2
0x is a bit much to expect in the coming year or so> [edited per Fakhoury comment]
Think about it Fakhoury, we should not be measuring BTC performance merely within the bounds of our current calendar year, but we should be considering the whole upwards price performance, which is largely a more than two year phenomenon and a bouncing off of support that was largely in the mid $200s from 2015. So, o.k. If we look at $250-ish as the start off point, then we have a bit more than a 78x price increase from $250 to $19666. Furthermore, we have a bit of an increasing exponential curve, especially since about August 2017, yet at the same time, we have a lot of bullish fundamentals, including Segwit and including increased financialization and including increasing world adoption, so much better liquidity, but even with all of these positive things going on in bitcoin, buying pressure still has to keep up with the exponential increases in price, so yeah, I can see another 65% to 7x price increase in the coming year (I mean beyond our current ATH of $19666); however, I have a bit more difficult time appreciating any kind of meaningful likelihood of another 20x within about the next year. That would be fucking amazing, and not completely impossible from my perspective, but surely on the low end of probabilities, perhaps less than 2% in my current thinking... but hey, call me a conservative charlie.
