Edit. This prediction corresponds to PlanB, which as far as I know is based mainly on the adoption levels.
Plan B is criticized for having a model that fails to account for adoption levels, and only accounts for supply levels.
So in the basic supply and demand formula, Plan B is presumed to ONLY account for one side of the dynamic, yet in some sense, there could be some redemption to suggest that PlanB's model assumes demand as a constant and that it will always exist... so sure his model might fail if demand goes way up or way down and demand ends up NOT being the constant that seems to be implied in his model(s).
Hopefully, I am not misstating one of the commonly repeated presumption of ongoing demand criticisms of PlanB's model.
Filippone cannot handle his merits stash and he’s out of merits for next week.
gotta laugh at this one, for sure...
Regarding PlanB, his charts have nothing to do with adoptions. They are competing observed price with a protocol induced-intrinsic feature of Bitcoin: Stock to flow.
All I know about stock to flow is here:
Stock-to-Flow Model: Modeling Bitcoin's Value with ScarcityRegarding PlanB himself… when he now says, “like clockwork” hasn’t to be meant literally, as price is quite off, by historical means, from model price: terrible buying opportunity or model next to breaking?
Oh boy, my spider sense tell me it’s the former!
Of course, that thread link is a great reference to attempt to devolve into stock to flow analysis - even though I still remain of the opinion that stock to flow has never been close to breaking, and so whatever, I might be getting into linguistics a wee bit, because personally, if the price were to underperform and stay in this range or lower until the end of this year, then sure maybe some of the curves of the model would need to be shifted downward.. but I would still not concede that the model would be broken, even if it were required to be shifted downwardly in order to have better co-integration of data to the projections.
Another aspect is that there may well be some pretty powerful folks (whether we refer to them as bearwhales, governments, status quo financial institutions, other entities/persons who would like to cripple or kill bitcoin, those who want to manipulate bitcoin to make a profit, or some combination of these folks/entities) who would like to provide both factual and proclamation evidence that stock to flow is broken... yeah, play around what they like, they might get lucky in killing/crippling bitcoin, but the more likely outcome is that bitcoin prices are going to revert back to the mean of the stock to flow model, even if it could experience extended periods of divergence... 6-24 months or even longer, perhaps? perhaps?
~image
I've heard of the death cross before, but what's a golden cross? Sounds yummy
It's the opposite of a death cross, i.e. shorter MA crossing longer MA
upwards. It's a bit of a stretch to use it with a 4h chart but this is Bitcoin, we can do whatever we want, as long as we can say that the number will go up.
That's exactly correct suchmoon.. even though you were coming off as a bit of a smartass.... but in any event, one of the three BTC price prediction models has exponential s-curve adoption built into it, so if any of us appreciates that exponential s-curve adoption actually applies to bitcoin, then we also will realize that all roads lead to UPpity... that is not a bug.. it's a feature... so you can push bad boy down and down and down and even get away with pushing it down for a considerable amount of time (beyond expectations).. but sooner or later (sometimes scaring out a lot of the wanna get-rich-quick and emotional types) bad boy is going to spring back up.. it's in the underlying design...
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What if they do not have money at all and are just compassionate to each other like Advanced Beings should be 
or if they arent advanced at all .. which brings me to the Question, are the Horned Chimplings in here with us ? 
... 
