Opinion The War Room Bet Thread V7

[Jack V Savage]

Only thing that could stop it is the housing market bubble or a greater overseas war. Ruling out those two things, it’s inevitable.

See, I don't think you understood my point at all. You can't even disagree with it if you don't first understand. If there is actual reason to think the price is definitely going to $X by Y, the current price would be $X, minus the time value.

 

[Rob Battisti]

See, I don't think you understood my point at all. You can't even disagree with it if you don't first understand. If there is actual reason to think the price is definitely going to $X by Y, the current price would be $X, minus the time value.

Yes, it’s called a Bitcoin ETFs + Halving + 80% of all bitcoin being long term holding(all time high) + a whole host of other reasons.

Even if you don’t believe me, you are completely ignoring the fundamentals of the asset AND the incoming institutional adoption on the horizon.

Are you smarter than Chief Investment Investors? Doubtful.

 

[Jack V Savage]

Yes, it’s called a Bitcoin ETFs + Halving + 80% of all bitcoin being long term holding(all time high) + a whole host of other reasons.

Even if you don’t believe me, you are completely ignoring the fundamentals of the asset AND the incoming institutional adoption on the horizon.

Are you smarter than Chief Investment Investors? Doubtful.

It's like talking to a brick wall. Or a dog. Ask someone to explain the point.

 

[Rob Battisti]

It's like talking to a brick wall. Or a dog. Ask someone to explain the point.

You asked me why I believe the price will go up.

Will the incoming ETFs do nothing?

 

[Jack V Savage]

You asked me why I believe the price will go up.

Will the incoming ETFs do nothing?

I didn't ask you why you believe the price will go up.

If you want to intelligently disagree, what you'd want to explain is why you think whatever your reason for why the price would go up is not already known and being acted on by investors.

If the incoming ETFs can be reasonably expected to affect the price, they already are. If you know about them, so do other people, who would then act on that information.

 

[Rob Battisti]

I didn't ask you why you believe the price will go up.

If you want to intelligently disagree, what you'd want to explain is why you think whatever your reason for why the price would go up is not already known and being acted on by investors.

If the incoming ETFs can be reasonably expected to affect the price, they already are. If you know about them, so do other people, who would then act on that information.

So your position is the acquisition of a finite commodity will not impact the price of the commodity as much as the speculation as to where the price will go due to the acquisition of the finite commodity. Interesting position.

 

[Jack V Savage]

So your position is the acquisition of a finite commodity will not impact the price of the commodity as much as the speculation as to where the price will go due to the acquisition of the finite commodity. Interesting position.

Huh? Where are you getting this shit?

My position with regard to ETFs is that the information is publicly known. Is that wrong?

 

[Rob Battisti]

Huh? Where are you getting this shit?

My position with regard to ETFs is that the information is publicly known. Is that wrong?

And once they get approved and money starts flowing in, then what?

 

[Jack V Savage]

And once they get approved and money starts flowing in, then what?

I really don't know how to simplify the point enough for you to understand, I guess.

 

[Rob Battisti]

I really don't know how to simplify the point enough for you to understand, I guess.

You think that a 2/3 gain within a year is unlikely because reasons you haven’t explained. I think you’re discounting the fundamentals of the asset and what the halving + ETFs + all time high long term holding will mean to the price of the asset.

My issue with your argument(of lack there of) as to why it won’t increase is you’d of made the exact same argument every single year since it’s inception. You’ll make the same argument in a year when it’s over 50k and you’d of lost the bet.

 

[Jack V Savage]

You think that a 2/3 gain within a year is unlikely because reasons you haven’t explained. I think you’re discounting the fundamentals of the asset and what the halving + ETFs + all time high long term holding will mean to the price of the asset.

My issue with your argument(of lack there of) as to why it won’t increase is you’d of made the exact same argument every single year since it’s inception. You’ll make the same argument in a year when it’s over 50k and you’d of lost the bet.

I actually have explained my reasoning very clearly, but you don't seem capable of wrapping your head around the point. Also, there are no fundamentals.

 

[Rob Battisti]

 

[Lead]

 

[Rob Battisti]

32
33
34

 

[Rob Battisti]

That 66% necessary increase just became a 50% increase pretty quick

 

[Rob Battisti]

 

[Rob Battisti]

Just bumping this to say I honestly cannot wait to win these bets.

Likely going to hit 40k before EOY.

 

[Lead]

@Lead can you tag me and Whippy in the bet thread? 6 month sig, if Biden vs Trump is the election I win if Biden wins he wins if Trump wins, if one or both aren't the nominee bet is void? Simple enough.

@MMAisGod v @Whippy McGee
1. Winner of the 2024 election will be:
2. @MMAisGod - Joe Biden, @Whippy McGee - Donald Trump
3. 11/05/2024 (tentative, can go to certification day)
4. Signature bet
5. 6 months
6a. In the event either Trump (Republican) or Biden (Democrat) are not their party’s nominee, the bet is void.
6b. In the event there’s a dispute about who won, certification by Congress will be the final determination.

 

[Lead]

@MMAisGod / @Whippy McGee

Please quote the above post and give an okay. Afterwards, it will be official.

 

[MMAisGod]

@MMAisGod v @Whippy McGee
1. Winner of the 2024 election will be:
2. @MMAisGod - Joe Biden, @Whippy McGee - Donald Trump
3. 11/05/2024 (tentative, can go to certification day)
4. Signature bet
5. 6 months
6a. In the event either Trump (Republican) or Biden (Democrat) are not their party’s nominee, the bet is void.
6b. In the event there’s a dispute about who won, certification by Congress will be the final determination.

Looks good to me, signed.