Quote from: pereira4 on November 02, 2019, 04:06:18 PM

And onto price predictions, the current 2 scenarios I consider are:

1) 100k by 2022
2) 100k by 2032

Scenario 2 would have a very cryptowinter, giving you the opportunity to stack tons of cheap BTCs. This scenario completes an hyperwave hitting around 1k-ish as the lowest low before a new ATH. However things are leaning up towards scenario 1), which would mean 1MM by 2032, but also means you'll have less BTC in your pocket.

Scenario 2 would need to include global warfare against Bitcoin. Like governments going all-in against BTC, closing ALL exchanges, threatening with possession of BTC as illegal, closing all ongoing institutional brokerage activities, no Bakkt, CME, ETF, none of that, all is cancelled. Making mining illegal, having the POTUS shitting on BTC every so often on Twitter.. you get the idea. BTC would be really underground during this period. I don't rule this scenario out because things can change fast and governments can become increasingly tyrannical during hyperinflation times. This would mean really cheap coins for a long time. During this time demoralization would be high, so it would be possible to stack at low prices. Once reality hits in as halving go on, panic buying would kick in eventually, specially by 2032 when the emission rate becomes almost flat.

I don't understand why people are ruling out this scenario. We have never faced a full blown attack, and I think it's eventually coming, which would fit this long crypto winter period I describe. Sure, like I said scenario 1 looks like it's forming, but things can change fast, fundamentals are not shown on TA.

I liked that dystopian scenario.