Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If the pattern of the previous cycles is kept, the average price will gradually increase to 3x from the bottom until the end of 2024. Examples: 10K->30K, 15K->45K, 17.5->52.5K. And if there is a new ATH in 2025, it might be around only 2x from the last, i.e. 140K. This is what I think, but I might be awfully wrong in both directions, like sub 10K bottom and no new ATH in 2025, or the other extreme - a new ATH beyond 300K.
Based of the previous cycle, the increase from the bottom was 3K end of 2018 till 14K in june 2019, so almost x5 not x3.70% of 67566 is 47.3K, a very possible number that already figured multiple times in prior discussions.
math and numbers and math and numbers and ... bleh!
all i wanna know is: are we
FTFY
It's the journey, not the destination.
Don't u know nuttin?
Sure. Another way of saying it..
Even though I am a wee bit skeptical of your user-name, newbie.
If you have to put it in your user-name... .........
Source: Telegram.
Remember maximum people talk about same thing about the bear these days but need to remember Thought process changes as Bear Change into Bull so Good Luck until new BULL with Long Run
Yeah.. but where's the link?
are we sane yet?
are we bored yet?
are we ready yet?
are we there yet?
Lookie lookie.. Save the RF.. stealing all my thunder.. two days prior to my response...
FUN FACT: On this day 10 years ago, #Bitcoin was $15.40.
Bitcoin expansion was similar to Universe inflation: very rapid initially, much slower later.
Example: btc "was" about 0.003 when Laslo purchased 2 pizzas for 10000 btc in 2010.
From 2010 to 2012 ($15.4) was a 5133X price expansion
From 2012 to 2022 (now) was "only" a 1240X expansion in five time longer period (10 years).
projecting: ~300X price expansion in 50 years or $5.73mil by 2072. Quite doable.
See What He Thinks,
Bitcoin is Pure Great Fools Theory
Bill Gates https://youtube.com/shorts/CPK5XPg4Na0?feature=share
Bill Gates does not seem to know what he is talking about including that he is mixing various assets together (failing/refusing to distinguish what bitcoin is as compared with other things - which shows his lack of specific rather than general knowledge.. unless he is being disingenuous) .. .That clip must be from 2018 or earlier since he is also talking about ICOs, no? I would speculate that even Gates has evolved in his ways of talking about bitcoin, but he still may well do the same nonsense thing in terms of failing to specifically distinguish bitcoin.. ..
I believe Bill Hates said this about the NFT space surrounding pictures of apes...