Re:Ethereum: A Store of Value with Cash Flow [pdf]
by ObserverNeutral on Thursday April 22, 2021 @09:26AM
(#26902465)
> You can't predict demand perfectly, but you absolutely can predict demand. In fact that's exactly what everyone is doing when they speculate.
If you want to make money you have to be pretty accurate in your prediction.
Nobody knows what Bitcoin or the S&P will do tomorrow. It's all rooted in psychology and we don't understand anything about it.
We don't even know where ideas come from
You can't predict demand perfectly, but you absolutely can predict demand. In fact that's exactly what everyone is doing when they speculate.
There are also processes that help you predict floors to demand - e.g. that you must pay US taxes in US dollars.