Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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.
[https://www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/12/23/moonlambos%201.jpg[/img]
You might be better off eating your own dick.
