Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 07/10/2024, 23:21:10 UTC
⭐ Merited by JayJuanGee (1) ,bitebits (1)
Past does not indicate the future, but let's take a look:

AMZN, AAP and GOOGL ten years ago were in the middle of of their multidecade run (and already a dominant multy hundred billion in market cap companies).

In Oct 2014:
AMZN was about $16.2, now 180.8 (11.16X)-28% yearly appreciation
AAPL was about $24.5, now 222 (9.04X)-24.55% yearly appreciation
GOOGL was $28.9, now 163 (5.64X)-19% yearly appreciation

Average: 23.85% appreciation in 2014-2024 period.

Bitcoin had 44% yearly appreciation from 1160 in 2013 till now.
M.Saylor was saying that it had 40% appreciation recently, but will decrease somewhat going forward.

It is entirely possible that he next 10 years bitcoin would slow down to somewhere between 35 and 25% based on the current status and comparing with most dominant companies.
If the number would be 35%, then in Oct 2034, btc would be 1266K and if 25%, 587K (with 926-927K average).
I am not taking into account the halving "schedule"...it very well may be that the peak in the next 10 years would be in 2033, instead,  Cheesy

These numbers make sense to me...