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beautyon / Beautyon
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2024-10-28 20:50:45

beautyon on Nostr: VanEck's models are absurd as 1970's weather models run on VAX computers. None of ...

VanEck's models are absurd as 1970's weather models run on VAX computers. None of these people can possibly take into account the innovations and services being built on Bitcoin; their monolithic point of view is therefore completely inadequate as the basis any meaningful prediction.

None of these people though Bitcoin was worth anything ten years ago; why should anyone take their threadbare predictions seriously now? It beggars belief that anyone could think they're prescient.

I can assure you right now, knowing what I know to be absolutely true, thinks that they don't know, that their prediction is woefully inaccurate and wholly inadequate. Their ridiculous model has underestimated the total demand for Bitcoin, even in the near term

And I mean very near term.

I'm not interested in whether or not VanEck understands or believes this or not. I'm not here to convince them of anything. I'm simply here to do it and to prove it by doing it.

That's all there is to it.

https://x.com/Beautyon_/status/1851002382345507280
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