"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.
Huh, if they were so accurate in the past, maybe it's not too much to hope that they'll be right once again. To be honest, my expectations for the upcoming bull market are a lot milder because I believe that each bull market sees the price increasing by a smaller percentage (for example, nearly 20x between 2013 and 2017, but just over 3x for the next bull run). Something over $100k would be great, and $532k sounds way over the top. But yeah, who knows, maybe it can get that high, that fast. In any case, Bitcoin is still a good investment, even if it doesn't bring such impressive profits like it used to.