"In 2015, when I bought my first btc at $400, people said bitcoin was dead.
In 2019, when btc was $4000, I wrote the S2F article, calling for $55k btc. People said I was crazy.
Today, btc is $40k, and S2F model predicts $532k after 2024 halving. People say it is impossible."
https://twitter.com/100trillionUSD/status/1743944875819552899__
When I see posts like this, I understand that it’s time to sell Bitcoin. Otherwise, I don’t understand who will pay for this holiday of generosity.
The naysayers can continue shovelling dirts at Bitcoin while it keeps soaring higher and attaining greater heights. Over and over Bitcoin has proven that it's not dead and I'm really looking forward to the year's halving and bitcoin ATH during the bull. While I'm very optimistic about the price, I feel the S2F model prediction of $532k is way too much. I understand the fomo about spot ETF, but I think $150 - $200k price mark is very possibly during the bull.