Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 30/10/2021, 21:44:08 UTC
Sup...when will this consolidation end?
What do you guys think...maybe this one will be a super-cycle?
If so, it might slowly go up in 2021-Q1 2022 to a local peak at 100-130K, then "slighly" dip (maybe to 50 from 100 or to 60 from 130K)...and then starts going in 2023-2025?

Apart from bitcoin-weird things are happening -maybe you noticed (insane dog memes, virtual land coin going crazy after Meta announcement, etc, etc).
My take: the reality might look shitty for some people in the future, who would then spent inordinate amounts of time in VR.
Basically, something similar to a Ready Player One world.
I hope that we might be more 'real", but I am afraid that the path is to the digital "opium" for the majority of the populace.

Bitcoin would likely be for more affluent enjoying the "reality" in their enclaves/citadels, and the majority would live using doge, shib, mana (or name some other s-coin example) in the virtual worlds (apart from the time spent on dreadful "work" in Amazon warehouses, Walmart, etc.)

I am afraid that "they" are going for the setup like this:

bitcoin-very high price, mostly for the wealthy ($1 mil-$10mil/coin).
doge seems to "want' to go to $1 (replaces $ for poorer folks)
shib seems to 'want" to go to 1c (replaces change).

therefore, you may pay for a big mac with doge+shib and pay for a new yacht with btc (or maybe borrow against your btc and then pay).

TLDR; We are probably replacing the whole fin system, but btc will NOT be the only transactional cryptocurrency. Sorry to mention some coins-just to make a point.