I don’t make the rules. I just state what I understand are desterminsitic outcomes given the rational incentives of all parties.
What I stated will happen, will in fact happen. We cannot time such predictions, only state that they are deterministic.
I expected BTC to crash below 12k, but I did not expect the institutions to throw money at preserving it. And I don’t quite understand why they did and continue to. But I have friends in the investor space that state the big players like the option of BTC even though they expect the rest to die.
But here we are. Timing is impossible. But the tendency of a rock is to fall straight down. And the tendency of an asset backed by anticipation is to go to zero.
Reply addressees: @MinClaydough @shity_paradigm @bryanbrey @JeffSnider_AIP
Source date (UTC): 2023-10-18 02:17:43 UTC
Original post: https://twitter.com/i/web/status/1714465754643349504
Replying to: https://twitter.com/i/web/status/1714455370066702577
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