Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 03/08/2023, 15:58:33 UTC
⭐ Merited by Hueristic (1)
Life changing money, brother.
We only are temporary custodian of intergenerational wealth.

I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins.
Probably someone else will quote you after ten or twenty more years.
Someone might be wealthy even with ONE Bitcoin, and I can see this is not too far.

Aren't you stating the obvious Learn Bitcoin?

I know my April 17, 2023 table is not that user-friendly, but it shows a decent amount of history regarding how many BTC it took to get to default entry-level fuck you status as compared with how many it takes now and how many it is projected to take in the future.  Surely, we can still see those numbers going down, including the number of digits going down (which means changes that are magnitude rather multiples).

So in mid-2014, it took 43,098.6 BTC to get to default entry-level fuck you status

and in mid-2016, it ONLY took 5,785 BTC to get default entry-level fuck you status

and in mid-2019, it ONLY took 618.6 BTC to get default entry-level fuck you status

and right around now mid-2023, it takes ONLY 73.64 BTC ($2,000,000 / $27,159) to get default entry-level fuck you status.

So the table also shows that 10 BTC and 1 BTC get you to default entry-level fuck you status by late 2029 and late 2043 respectively.

Sure the table could end up being wrong - yet we should be able to seen the direction that it seems to be going (at least so far).. and I doubt that there are any real factual matters that completely undermine the direction, even if the magnitude and/or multiples might end up getting reflected differently in the future as compared to what they look like currently (including my April 17, 2023 posting of that information).

....(once bitcoin is in $ seven digits and even few bitcoins would represent something substantial) is an attractive proposition.

Seven digits could end up happening this cycle, or next cycle, or the following cycle, or if not one of the later cycles.

Did I sufficiently cover my prediction?