Yesterday, I updated
my projection of entry-level fuck you status chart based on some of the recent great declines in BTC prices that we have seen (mostly over the last year-ish), and I also tried to cause the rate of increase of the BTC bottom price to become more gradual with the passage of time.
So for example, my chart shows a BTC bottom price of:
$39,257 by mid-2024
$144,982 by mid-2028
$370,105 by mid-2032
$640,052 by mid-2035
$1,013,573 by mid-2038
$1,960,433 by late 2043
and
$5,639,679 by mid-2056
Sure, I am not really sure how realistic these projected BTC bottom price numbers are, but I think that they are a bit better than my earlier version that I had created on December 28, 2021 - and that did not have any graduation of the projection curve, and instead my earlier version was more of a straight-line appreciation of the BTC bottom price that was right around 75% per year.. which even at the time that I created it I had considered to be difficult to sustain. My current chart shows projected BTC price bottom snapshots every 6 months.
Also, I think that one of my underlying presumptions is meant to be based on projecting forward based on the value of today's dollars.. but still I understand that sometimes it can be difficult to project so far into the future, especially when there is an expectation that the dollar is going to continue to lose value and maybe even to lose value more than it has historically debased - especially if we account for many of the seemingly crazy monetary policies in recent times.
Alot of information to take in, but i what i take out of this is:
Your current FU status of 95BTC11/30/22 $17,164 $20,903.99 24.59% 95.00% $5,139.90 95.67552464
isn't something you should be aiming for, but rather 4BTC5/31/33 $449,033.53 9.69% 97.00% $43,528.37 4.45401035
11/29/33 $492,561.90 9.40% 97.00% $46,315.48 4.06040335
is more of a realistic target, here and now!