Post
Topic
Board Speculation
Re: Are we headed for 250k btc in 12-18 months?
by
Mahanton
on 22/07/2020, 18:59:27 UTC
But the difference between me and OP for example is that I believe 15-20k is a realistic place that we can reach so that is what I am focusing on, 12-13 is even more realistic and I will sell mine when it reaches there, on the other hand OP considers 250k is possible and that is why he might get more upset even while people are earning.
That is a fair assessment, the issue with all these huge valuation is that some are anticipating a rally before settling back to $15k to $20k and with the present economic situation it is not a realistic possibility that we would see a huge rally like we used to see in the past two halving and it all depends upon how strong the economic sector could hold all the debts accumulated during this pandemic.
Some analysts become very optimistic but somehow they are blind enough to see what is really happening today that could also a factor for an x growth in the future. I agree with $15k-$20k, it is fairly enough with the pandemic situation and truly achievable, but I'd never lost my hopes to see Bullrun run again. However, I was not very optimistic to think about a huge spike, $50k, $100k, and $250k, this will be just a dream at all.

All of us do hope for the best but going into numbers that way too far off to say isnt really my thing.Always god for realistic one so that you  wont get frustrated if the market didnt able to meet up your expectations.These numbers arent really that something new because you can see such stuff everynow and then specially when the market is tending to hype up.