| >>$3,500 to $35,000 in exactly 2 years is more than defence against USD dilution. It's mass hysteria. |
I don’t agree with this characterization. It’s not mass hysteria , yet. Most people have never heard of Bitcoin. Of those that have heard of Bitcoin most do not know how it works, of those that know how how it works most do not own any. We have a long way to go to “mass” hysteria.
The ten fold, hundred fold or thousand fold rise is not related to USD dilution, it is BTC trying to find its natural level. Once it finds that level it could stabilize, when supply and demand are equalized. It might be 1 satoshi = 1 USD. That would put BTC at $1,000,000 I think (fact check me)
Let’s make some predictions
What will the high be before the next 50% correction in BTC?
Follies....85,000
What will the price be on 12/31/2021?
Follies....110,000
When will BTC go to zero
Follies.... 4/1/2032 when googles AI and quantum computers break the hashing algorithm
What say you Maurice, Jay, Haim, Carranza, Julius, Arjun? |
