Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 8 minutes ago, ozimoron said: I think it will approach 2017 levels before rising again. It was 4K in march 2020 so I don't get how 29K now is "cheap". I could be wrong but no asset class does that well and stays there. $1000 in 2017 1 Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 (edited) 5 minutes ago, Sparktrader said: What was twitter 10 years ago? You seemed to be missing that I said BTC was approx 1/10th of its current value TWO (2) years ago. Twitter is down about 20% on recent highs. Edited May 12, 2022 by ozimoron Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 Just now, Sparktrader said: $1000 in 2017 about 0.30c in 2013 IIRC. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Just now, ozimoron said: You seemed to be missing that I said BTC was approx 1.10th of its current value TWO (2) years ago. Twitter is down about 20% on recent highs. No its about 5 or 6 times the value 2 years ago Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 1 minute ago, ozimoron said: about 0.30c in 2013 IIRC. I dont know a time machine Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 Just now, Sparktrader said: No its about 5 or 6 times the value 2 years ago you're being very selective :). Not long ago it was 65 times it's 2017 value. My point stands, BTC isn't cheap right now. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Be amazed if bitcoin fell below $18,000. Too many buyers. Support at 20k Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Just now, ozimoron said: you're being very selective :). Not long ago it was 65 times it's 2017 value. My point stands, BTC isn't cheap right now. Selective lol You said it was 10 times cheaper 2 years ago lol You are cherry picking the time frames Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 1 minute ago, Sparktrader said: Selective lol You said it was 10 times cheaper 2 years ago lol You are cherry picking the time frames By days at most. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Cheap is relative. We dont own time machines. Otherwise we win lotto every week. If btc hits $200,000 in 4 years it is cheap now. Very cheap. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 7 minutes ago, ozimoron said: You seemed to be missing that I said BTC was approx 1/10th of its current value TWO (2) years ago. Twitter is down about 20% on recent highs. What was twitter 10 years ago? Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 3 minutes ago, Sparktrader said: What was twitter 10 years ago? A private company. The lowest price I can find for it was about 1/3 of current value. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Amazon $2000 a share In 2002 it was cents 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Btc up 2900 in 9 hours Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 That shows strong support. If no buyers it wouldnt do that Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 3 minutes ago, Sparktrader said: Amazon $2000 a share In 2002 it was cents I never called a time frame of ten years, it was two. Amazon is just over half what it was 6 months ago. Show me an asset class worth ten times in 2 years outside of crypto. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Just now, ozimoron said: I never called a time frame of ten years, it was two. Amazon is just over half what it was 6 months ago. Show me an asset class worth ten times in 2 years outside of crypto. Btc is up 5x in 2 years not ten Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Plenty of shares go up 5x in 2 years. Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 Just now, Sparktrader said: Btc is up 5x in 2 years not ten It was up 10 times in 2 years not very long ago. Some coins were up far more, LUNA being one of them. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 28,000/5000 is 460% gain Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 Just now, Sparktrader said: 28,000/5000 is 460% gain 65000 / 4000 Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Just now, ozimoron said: It was up 10 times in 2 years not very long ago. Some coins were up far more, LUNA being one of them. So who cares. It was a sell at 50k st Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Just now, ozimoron said: 65000 / 4000 U keep cherry picking numbers lol Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 28,000 now Lets see in 3 months Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 Just now, Sparktrader said: U keep cherry picking numbers lol I'm saying that it did achieve that multiple in that time frame. I'm right. Yes, let's see in 3 months. The consensus I am seeing has an asset crash coming. We have had nothing but stimulus sine 2008 and most of that money has found it's way into the stock market. Now we are seeing hyper inflation worse than in 1980/82. Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 Right now I think we are seeing BTC benefit from some regular divergence on the 4 hour time frame. I believe it will continue to fall after that plays out. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 3 minutes ago, ozimoron said: I'm saying that it did achieve that multiple in that time frame. I'm right. Yes, let's see in 3 months. The consensus I am seeing has an asset crash coming. We have had nothing but stimulus sine 2008 and most of that money has found it's way into the stock market. Now we are seeing hyper inflation worse than in 1980/82. Lets see Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Just now, ozimoron said: Right now I think we are seeing BTC benefit from some regular divergence on the 4 hour time frame. I believe it will continue to fall after that plays out. It aint going to $1000. Be amazed if it did. Link to comment Share on other sites More sharing options...
Sparktrader Posted May 12, 2022 Share Posted May 12, 2022 Up 3000 in 9 hours Link to comment Share on other sites More sharing options...
ozimoron Posted May 12, 2022 Share Posted May 12, 2022 1 minute ago, Sparktrader said: It aint going to $1000. Be amazed if it did. I would agree but I think 10K is not unrealistic. Maybe 15 but I won't buy until the macroeconomic picture starts to change, Russian war and inflation. Link to comment Share on other sites More sharing options...
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