Don’t really GAF 😎 https://twetch.app/t/a58db68528e4fe3ba36…

That’s something I can respect even though I personally think Craig is (w)right on TA.

But then you are also calling price with conviction, and on what grounds?
If bsv reaches $5 we not only won’t have miners to secure the network, but there will likely be something completely fundamentally flawed.

On current utility which is close to non existent for anyone outside of bsv bagholders.

Bitcoin is set in stone, there are no fundamental flaws. A low price would certainly not signal that.

What are you basing your predictions on?

I'm not a TA believer either, but what are YOU basing your predictions on? Why $5 and not $3 or $20?

It’s literally in the first sentence of the twetch you’re responding to.

I think a rational marketcap (so minus degenerate gamblers/speculators/traders)for bitcoin would represent the value of all assets such as IP generated by businesses building on it.

So you're saying the value of all IP, products, etc. is about 90 million usd?

Yes and 95% of that value is in IP from nchain, most ‘projects’ are utterly worthless.

I see. I don't believe that to be a correct representation of reality though. There is a lot going on behind the scenes + secondary effects.