Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
soxxx
on 23/05/2019, 19:43:54 UTC
⭐ Merited by mindrust (1)
Relax and start planning to make your dreams come true. Financial freedom at the horizon is imo already a certain outcome.

Somehow, i have this nagging feeling that it might not happen.
Essentially, it would mean minting of millions of new millionares.
Too much deviation.
I actually tried to calculate what would be the price of btc be for total numbers of millionaires going up by less than 10% (from the current 33-36 mil millionaires).
I got about 0.86btc-1.28btc for $1 mil or 780K-1.16mil/btc (for total of about 2.75-3.5 mil accounts).
This is possible, but too much of a dream. How often dreams come to a realization?

I had the same vibe at 20K...feeling that it is somehow wrong. Maybe too early?
It only feels like that because we are deep in the game. There are SO MANY people who don't understand Bitcoin....not even just older people, but younger people, people who spend hours upon hours on the internet, on reddit, youtube, gaming forums, etc DONT EVEN UNDERSTAND Bitcoin. If the people who live on the internet don't understand it/arent in it, then you know the rest of the world definitely does not have a clue. A million dollar bitcoin is far from impossible....

In a way it sometimes feels to easy, because I think we all know what the outcome of this whole thing is going to be, but in another way it doesn't, especially after a bear market, the bottom line is, the people who are in it now only are taking risks if they don't understand, for the people that understand, we just know. Just like how we all knew the market would bottom out and turnaround eventually even though 99% of the world thought it would die and still think its dead, when in reality we are up over 150%.