(For those who say I just don’t get it…get this)
Nothing draws condemnation faster and more virulent than arguing anything other than “Bitcoin to the moon!” Trust me, I know.
However, with that said, it also seems that I have been far more correct in my arguments than those that are the so-called “gurus.” When it comes to whether or not that point is correct, as always, I’ll let you be the judge.
So without further ado, for those that always like to make the case that I have no idea about anything. Here’s a bit of context for you to extrapolate a bit more (or less, as in a lot less) from.
The first “picture,” as they like to say in The Valley, is a Bitcoin™ chart from just a few days ago, where it would seem none other than Mr. Bitcoin guru himself James Altucher thought it was time (as in people seemed to have stopped, or ran out of “throwing stones”) to plead his case once again. The resulting price action just a day or so later is notated. To wit:
Looks pretty good, yes? Fair enough. So let’s see today, shall we? Again, to wit:
I have a distinct feeling his mailbox is not going to be filled with any new and impassioned “HODL love-letters” he might have received on the 26th. Rather, it might begin to overflow with a return to what he was receiving prior. But then again…
What do I know.
© 2019 Mark St.Cyr
Footnote: These “FTWSIJDGIGT” articles came into being when many of the topics I had opined on over the years were being openly criticized for “having no clue”. Yet, over the years, these insights came back around showing maybe I knew a little bit more than some were giving me credit for. It was my way of tongue-in-cheek as to not use the old “I told you so” analogy. I’m saying this purely for the benefit of those who may be new or reading here for the first time. I never wanted or want to seem like I’m doing the “Nah, nah, nah, nah, nah” type of response to my detractors. I’d rather let the chips fall – good or bad – and let readers decide the credibility of either side. Occasionally however, there are and have been times they do need to be pointed out, which is why these now have taken on a life of their own. (i.e., something of significance per se that may have a direct impact on one’s business etc., etc.) And readers, colleagues, and others have requested their continuance.