McAfee Capitulation and Market Doesn't Care About Feelings
John McAfee has officially back out from his 1 Million USD per Bitcoin prediction. Even calling Bitcoin as an ancient technology.
He said that if Bitcoin doesn't go to 1 Million USD by end of 2020, mathematics is flawed.
He doesn't understand how market works and therefore he made such kind of presumptions and assumptions.
And after he capitulated, market rallied, is it a coincidence that market is happy that another perma bull has gave up, and decided to rally.
Market is the sums of human emotions and feelings.
Bitcoin and Crypto is full of human emotions, therefore the market will always PLAY with human emotions and feelings.
People made a lot of theory about what Bitcoin price is and what it should be. To some degree, the theories may be valid in the long run.
But it doesn't matter. The ONLY things that is matter is CAPITAL FLOW.
Capital flow is the game in the town, if we are going into Great Depression, everything is going to crash as people fled to crash or buying things that matter in their life, not Bitcoin, not Gold. In fact, maybe guns are more valuable during Great Depression.
The only reasons why Bitcoin and Crypto is going UP in the future is due to CAPITAL FLOW. There is TOO MUCH money floating around the world and there is too much money that CAN FLOW into Bitcoin and Crypto. That's the only reasons it will go up.
Of course we are barely even 1% of adoption and world populations using Bitcoin/Crypto.
So, over the LONG RUN, the market will move up TOGETHER and in TANDEM with technology and Nasdaq.
Another stupid assumption is to think that Bitcoin can go up when Nasdaq Crash.
Not knowing that BOTH Bitcoin and Nasdaq has BEEN GOING UP for the past 10 years.
Look at facts, analyze facts. Better, use A.I to learn from facts and data and correlations, stop listening to shills promoting you whatever things they are promoting.
If people are really making alot of money in the market, they will keep it to themselves.
That's the reasons I DO NOT BOTHER TO RESPOND TO your comments or messages, Because I DO NOT NEED TO SELL YOU ANYTHING.
I am only a troll here and will remain a troll.
Regards.
He said that if Bitcoin doesn't go to 1 Million USD by end of 2020, mathematics is flawed.
He doesn't understand how market works and therefore he made such kind of presumptions and assumptions.
And after he capitulated, market rallied, is it a coincidence that market is happy that another perma bull has gave up, and decided to rally.
Market is the sums of human emotions and feelings.
Bitcoin and Crypto is full of human emotions, therefore the market will always PLAY with human emotions and feelings.
People made a lot of theory about what Bitcoin price is and what it should be. To some degree, the theories may be valid in the long run.
But it doesn't matter. The ONLY things that is matter is CAPITAL FLOW.
Capital flow is the game in the town, if we are going into Great Depression, everything is going to crash as people fled to crash or buying things that matter in their life, not Bitcoin, not Gold. In fact, maybe guns are more valuable during Great Depression.
The only reasons why Bitcoin and Crypto is going UP in the future is due to CAPITAL FLOW. There is TOO MUCH money floating around the world and there is too much money that CAN FLOW into Bitcoin and Crypto. That's the only reasons it will go up.
Of course we are barely even 1% of adoption and world populations using Bitcoin/Crypto.
So, over the LONG RUN, the market will move up TOGETHER and in TANDEM with technology and Nasdaq.
Another stupid assumption is to think that Bitcoin can go up when Nasdaq Crash.
Not knowing that BOTH Bitcoin and Nasdaq has BEEN GOING UP for the past 10 years.
Look at facts, analyze facts. Better, use A.I to learn from facts and data and correlations, stop listening to shills promoting you whatever things they are promoting.
If people are really making alot of money in the market, they will keep it to themselves.
That's the reasons I DO NOT BOTHER TO RESPOND TO your comments or messages, Because I DO NOT NEED TO SELL YOU ANYTHING.
I am only a troll here and will remain a troll.
Regards.
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