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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (166644)1/3/2021 3:50:51 AM
From: TobagoJack  Read Replies (3) | Respond to of 218905
 
Re <<bitcoin ... mass hysteria ... It will go to zero>>

I agree with you.

A problem ... each time and every moment I think about and want to, and decide to sell, it goes up some more, requiring new internalized debate, and reset debate to zero-state point.

At this rate I can only sell if I break rules on ‘sleeping on it’ w/r to decision-making, but the rules have served me so well since I adopted the rules.

What to do?

What price will bitgold peak-out at? Guess?

deribit.com




To: Maurice Winn who wrote (166644)1/3/2021 10:11:02 AM
From: Follies  Read Replies (4) | Respond to of 218905
 
>>$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?