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Replying to Avatar girevik

We would all love Balaji’s prediction to come true, but it is extremely unlikely. In fact, the BTC price has never previously increased 40X in a 90-day period. The closest it came was in June of 2011 with a 33X increase. This was during the wild days of MtGox hacks. In most recent bull markets we barely hit 4X-5X.

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szarka 2y ago

I don't think we'd love it, really. What he's really predicting is hyperinflation, not hyperbitcoinization.

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