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I understand your argument as "bitcoin hasn't crashed yet, therefore I see no evidence that it will ever crash."

• lojack 9y ago
  You're cherry picking my argument. My point was that we've seen this happen numerous times in the past to the point where its a trend. Every other time we saw this pattern, the price ended up higher than where it started. So, its more "bitcoin hasn't crashed yet, and has exhibited this trend before and didn't crash then, therefore if I'm not wrong and its still following this trend then it will not crash"
  • dogruck 9y ago
    Ok fair point. I agree that any particular downswing in bitcoin's price is not predictive of a total crash.