Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by sirazimuth (1)
Hmmmm...
I agree that you probably should be on there.. even if you were gone for 3 years (and you kind of "made some mistakes" - perhaps, "mistakes were made" would be a better way of saying it? hahahahaha).
There may have been some other "Legendaries" left off, too.. so where to draw the line? That might be quite the slippery sloppening.
~ go to $10m, $20m, $50m, even $100m. Over time.
I really don’t see that Dabs, like ever. Unless you’re talking about the Idiocracy Era (year 2500+).
Maybe not in our lifetimes, but you never know. I've seen more than a few essays talk about these numbers and hyperbitcoinization. It's going to approach those numbers within the next 100 to 200 years, not all the way to year 2500. Maybe even before year 2140 (the last satoshi mined.)
Again, we'll have 20 million coins already by 2028, and 99.9% mined by 2048 (another 20 years after 2028). So it will start happening between those two years.
$10 million is reachable in 1.5-3 cycles,** so $20 million is only a doubling after that.. so the other numbers seem to be reachable within 2-3 cycles after $10 million.. perhaps 4-6 cycles from now at the most to hit some of the highest numbers on that above list.. who knows? who knows? Of course, we have some flattening of the s-curve too... so there is that.
**Sure, I appreciate that cycles may well disappear (and are going to disappear according to our own dearest cycle authority fillippone the stallion - who cites other sources, too). Even this here cycle could end up NOT being a cycle - even though it does seem likely that cycles are going to disappear that quickly and there does remain enough empirical evidence (and logic, too) that cycles could continue for few more rounds.
~ go to $10m, $20m, $50m, even $100m. Over time.
I really don’t see that Dabs, like ever. Unless you’re talking about the Idiocracy Era (year 2500+).
Definitely. By that time, the world will see an unprecedented crash in all state issued currencies, including UNY (USA New Yuan).
I wonder if a crash would be a condition precedent.
You might be correct.
At current gold prices, we get gold parity at $500k-ish
Then we get 10x gold parity at $5million.. and then 100x gold parity at $50 million.. so then 200x gold parity at $100million....
As I wrote down those numbers, I am not really sure if all state issued currencies would have to collapse.. but surely they are going to have some inabilities to compete, absent some radical changes.. at least it seems that they are going to need to adapt to bitcoin, rather than the other way around.