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You take random posts on /r/bitcoin as serious predictions? Looks like I've found another problem. RE sophisticated market - Yes, BTC is now far closer to a so
by solve 11y ago
You take random posts on /r/bitcoin as serious predictions? Looks like I've found another problem.
RE sophisticated market - Yes, BTC is now far closer to a sophisticated market, which is mostly reflecting the consensus prediction of cumulative future value, instead of a totally unsophisticated market that fluctuates around purely based on present demand of people directly using the asset for non-investment purposes.
- sanswork 11y agoWell at least you're not trying to argue bitcoin is a sophisticated market anymore. Where do you get your serious predictions about bitcoins future? /r/bitcoin|/r/bitcoinmarkets|bitcointalk cover the vast majority of users actually involved in bitcoin regularly. >Adoption demand has overall followed a rather clear and steady trend Given that price has been dropping for 18 months are you saying that the clear and obvious trend is towards failure? Since the future is priced in?