Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by RayX12 (12) ,LFC_Bitcoin (5) ,suchmoon (3) ,fragout (2) ,cAPSLOCK (1) ,xhomerx10 (1) ,Wekkel (1) ,RejectedBanana (1) ,doc12 (1) ,BobLawblaw (1) ,bitserve (1) ,SidETH (1) ,HairyMaclairy (1) ,cofefeGandalf (1) ,ssmc2 (1) ,Last of the V8s (1) ,Dunkelheit667 (1) ,Colonel Panic (1) ,dakiller (1) ,Phil_S (1) ,vroom (1) ,Arriemoller (1) ,Icygreen (1) ,HI-TEC99 (1) ,BTCMILLIONAIRE (1) ,meph (1) ,kurious (1)
Bitcoin is unfolding like the dotcom crash just 15 times faster
Edit: Amazon crashed from a high of over $100, to a low of about $10 in 2000. 18 years later, they hit $1,578. If we apply the same recovery gain percentage to the recent bitcoin low of ~$6,000, and assume 15x recovery speed, we'd hit ~$946,000 in Apr. 2019. This is all based on questionable math and a clickbait article, but still fun to think about.
Edit: Amazon crashed from a high of over $100, to a low of about $10 in 2000. 18 years later, they hit $1,578. If we apply the same recovery gain percentage to the recent bitcoin low of ~$6,000, and assume 15x recovery speed, we'd hit ~$946,000 in Apr. 2019. This is all based on questionable math and a clickbait article, but still fun to think about.
$946k per btc in about a year? if that comes true I will buy a lambo for everyone that merits this post.
