Comment · Wed, November 16, 2022 · ND Owner
SBF from FTX uses nootropics depot. Can anyone zoom in and figure out what supplement that is?
What they were answering
KingSupernova · 1 points
I found it interesting that you predicted such a specific time frame for a bitcoin price increase, so I've gone ahead and created a prediction market about that prediction. :)
https://manifold.markets/IsaacKing/will-umisteryouaresodumbs-predictio
u/MisterYouAreSoDumb · ND Owner
I mean, the halvening is a known event with a relatively known timeframe when it happens. We also know markets front-run known events. We know peaks in markets happen after the known events. My basic prediction is nothing special here. Everyone and their mothers are seeing the same things, which is why it becomes a self-fulfilling prophecy in the market. Obviously, macroeconomic events outside of crypto will affect things, just as the COVID crash did. We can't predict those events. We also can't predict how we will bounce once we are past this liquidity/cascading failure crisis and the Fed really reverses course on rates. There will be some fireworks before the next halving. However, trying to predict that with any certainty is a fool's errand when we don't know how far this FTX contagion goes yet, and we don't know just how dumb Jerome Powell really is. Maybe we break ATH mid-cycle when news of solvency is not as bad as people think it is, and the Fed starts lowering rates again. Maybe Russia fires a nuke in Ukraine and we all stop caring about anything other than survival. Maybe the idiots on wallstreetsilver are actually right, and everyone is going to flock to silver over other assets... well, maybe not that one. LOL. I just know the price will be higher than it is today leading up to the next halving, and I am betting that the next cycle peak is sometime in late 2024.