Quote from: Cryptodaddy05 on October 24, 2021, 09:00:24 AM

This post of mine from 10 months ago is aging well! $67K I’m the bag, and my prediction is for a BTC peak price this market cycle of ~$150K late Dec before a bear cycle starts 1st Quarter 2022 - which would be exactly midway between my $100-200K prediction 10 months ago if it comes to bear … or bull would be more appropriate lol!

So you're 47k+ from the price at that moment with 93k to go, with 9 months gone and only 3 left.
If things continue like this you overestimated the growth by 250%, which can't be really called accurate! Cheesy

Quote from: Lucius on October 24, 2021, 01:12:52 PM

I'm not a pessimist, but I'm also wondering what could be the trigger for the price to reach $100k by the end of the year, because the market does not depend on magic and good fairies, but on good news and a lot of money to flow in the BTC direction.

This is the problem with the model of growth percentage-wise.
A lot of poeple say that since we've grown last time by x3 from the previous ATH we can do it again, which is easy, just 2x, compared to the 600x from April 2013. But when it comes to the money needed for that growth, you will need poeple to pour in the same amount they have to date from the start to double it in terms of value. If 1 trillion was needed for this 65k then we need close to another trillion in fresh investments to reach 100k.

Of course, we will see growth, that is clear but I think it will slow down a lot.
December 2013 we were at 1000, in 2017 at 20 000, to replicate that we would need 400 000 and I highly doubt this is going to happen.
Right now from 20x, we're down to around 4x, a five-times decrease in growth.