@jsmian What a thread. Congrats Jawad. This is how history is analysed. Any way for you to find out where the market ended up trading at the bottom (incl earnings contraction). You mentioned it turned @ 19x P/E. Any idea where it bottomed (on lower earnings)?
@100trillionUSD You say that you collected data until Mar’18. Can you run the same analysis by adding data until Mar ‘19 and share those results? I want to see how the recent bear market affects the results... Thx
@saifedean It’s amazing how many smart minds still don’t understand this basic differentiation. It’s proof for the lack of understanding of this emerging asset class still.
Bitcoin is designed to protect humans from ourselves.
Humans can't resist the urge to get something from nothing by printing money (look at the ICO market).
That's why we outsourced the job to a machine (Bitcoin) no one person can control.
Follow @moola_capital for some great insights on Bitcoin and the Bitcoin price. Imraan’s price model has worked amazingly well so far (incl. predicting price decline to $6500). He and his partners at Q2Q Capital in Dubai work closely with First Block Capital.
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Going to Davos in January? The @GBBCouncil is excited to announce #BlockchainCentral, which will be THE place to learn about all-things-blockchain and meet the thought-leaders in the space. Join us!