Replying to Avatar Cyph3rp9nk

I am going to show you why all those who predict exorbitant Bitcoin prices fail in their reasoning, I am even going to show you that your reasoning fails.

To do so, we are going to apply an inverse deduction technique.

Imagine you have this information:

- More than 20 approved Bitcoin ETFs.

- Historical record of volume and inflows of any approved etf.

- A US president promoting Bitcoin.

- Nearly half of the United States with proposals on the table for strategic Bitcoin reserves.

- A first central bank considering whether to incorporate Bitcoin into its reserves.

The price is around 40K, with this information you would have predicted 96K? I am sure you would have predicted more.

Well, that's what we have and we are at 96K. Reaching 140K would be incredible and even optimistic for this cycle.

Come down from the clouds and keep piling up sats, the million will arrive in the year 2036/2040.
Avatar
Hi, it's Me 11mo ago

At every cycle it's always the same. This cycle is different because....

It's not. Pseudo 3.0 companies will start giving more and more yield. New Shitcoins promising "El Oro y el moro" will start proliferiting. They all keep secretly their profits in BTC and when they colapse the new cycle starts again.

Reply to this note

Please Login to reply.

Discussion

Avatar
Cyph3rp9nk 11mo ago

🎯

49
satoshi jr 11mo ago

Isn't this also why 96k bitcoin makes perfect sense. Cause its not a efficient market of perfectly logical participants. The price will pump because there's going to be a euphoric rush. And cause there's a cohort like the op that don't think it'll happen. Prices gotta go to fuck thrbmody people