Post
Topic
Board Speculation
Re: Bitcoin to $100k in 2021
by
ACryptoEconomy
on 13/11/2020, 21:56:59 UTC
Okay it does seem most aren't watching the video Smiley   Here are cliff notes:

  • Main thesis - $100k likely in 2021, almost certain next 2-3 years.
  • From early on it's been clear adoption and purposefully designed price appreciation will be binary.  Yes, and bitcoin consumes a significant portion at least of aspects of the monetary system, resulting in hundreds of thousands if not millions per coin.  Or no, and bitcoin goes to 0.
  • I was expecting $10k by 2017 in 2013, we touched twice that.
  • The failure possibility gets closer to 0 over time.
  • Macro events taking place faster than some, and I, expected.  Adoption as a reserve asset, positive narrative amongst hedge fund managers and retail-facing investment houses as a store of wealth, consumer adoption (Paypal), public-facing treasuries etc.
  • Logarithmic time-series model from 2013 still significant - https://pbs.twimg.com/media/D_Jdc0EU4AAQO0g.jpg
  • PlanB's S2F and S2FX proving accurate - https://100trillionusd.github.io/

That's it.  Either way, it's an exciting time, while also not exciting that fiat systems are suffering and sinking citizens accordingly.  Hence my attempts at motivating those who aren't already in the ecosystem, to get out of the fiat one.  I might make extraordinary claims, if so, they're genuine beliefs I hold according to sufficient evidence to make claim of a possibility.  I wouldn't say anything I don't actually believe.