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.
The amount of merits 600watt's post has received is absurd; we are so damn hopeful, bullish, and ... careful.
It seems to support the gambling theory of bitcoiners.
Guys and gal of the WO thread be thinking, "what the fuck, it is only one smerit, and it could turn into a Lambo."