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Schlaus Kwab 2y ago

This might be unpopular but you need to hear it anyways: While the ETF will actually be approved with some delays, #Bitcoin will be pumped to slightly above 100k by front running #plebs and smaller institutions.

After the actual approval a new narrative of Bitcoin being "overpriced" and "overbought" will take hold in the offices of all the big institutions that were supposed to ape in into the ETFs. The strategy: Buy Bitcoin after the next crash.

An underwhelming pump to about 110k will happen and after a noticeable slowdown some plebs will start to take profits. BTC "crashes" to 70k in mir 2025.

After an ascending crab phase and several 75k retests the actual institutional bull run begins and takes us beyond 1mm. All within the context of volatile geopolitics and economics.

Sorry to say this but lambos, slaves and recreational nukes for #wholecoiners are still a few years away.

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Theory of Everything 2y ago

I think a 75k retest is likely, But another potential crash to 30-35 following and 4 years later 250k. I think 1 million is realistic by 2050. 75k to 1million is too moonboy.

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Schlaus Kwab 2y ago

I don't know how much a Bitcoin will be worth by 2030 but im confident enough to say that by then the dollar either will start losing relevance or will be irrelevant by then. IMHO prcing #Bitcoin in dollars won't make much sense. I'm a believer in the s-curve.

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Theory of Everything 2y ago

I disagree. I think fiat currencies will exist as long as nation states exist. Bitcoin will remain an underlying asset, For those who know, But will never replace all nation state currencies. Some countries are still doing very well economically. Denmark has a 38% debt to gdp ratio and never adopted the euro. Bitcoin as legal tender or for an asset to add to its balance sheet is best suited for non competitive economies that perform poorly against more developed countries who already have an abundance of resources. There will be winners and losers and bitcoin is best suited for the losers.