Quote from: pereira4 on November 02, 2019, 02:34:26 AM

Those are the two scenarios im contemplating right now.

$100k by 2022: We continue going through the current (which in my book, has already started) accumulation period to shoot up to a parabolic move to 100k by 2022, then crash an 70-80%. We do not revisit lower lows. $1million

$100k by 2032: We go throught a "crypto-winter" of sorts, we visit lower lows (as low as 1k ish, completing the model of an Hyperwave). We get to pic a fuckton of cheap coins for a while because Bitcoin becomes pretty much dead again by normies and stablishment. Which means good news as we spend years buying coins in this limbo of 1k-3k. By 2032, it shots up to 100k as people wake up to all the time they've lost saving fiat instead of Bitcoin.

On both scenarios we end up rich:

Scenario 1, your current BTC will be worth a fuckton by 2032, even if you are not able to increase your stack by much anymore in terms of BTC as it becomes increasingly harder to add in +1 BTC due the higher prices. You are now rich.

Scenario 2, you have accumulated a lot of BTC through the crypto winter period, which means that by the time it goes to 100k, you are sitting on a lot of BTC, also rich.

Since it hit the peak of $20K it has been going down. Each major peak is lower than the previous major peak and the minor peaks don't do much either. If btc dies then it will DIE. It will die because people are not using it and only trading it for even shitter coins.