Every time Saylor speaks he ups the ante, now he says bitcoin will hit 13 million dollars.
Fuck, we are barely at the 100k that could not be reached in the previous cycle and we may be close to the top or it may have even happened.
You don't have to try to predict the price of bitcoin, you have to predict the liquidity of the system, which also can't be predicted because they are human decisions, if anything be friends with Powell.
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will we he hit decisions, Saylor bitcoin the may the reached predict price close of says ante, friends we cycle barely have or bitcoin, he be if which that because time are the Powell. of human be in to at top the predict don't now try the the dollars.
Fuck, may and previous the could be predicted happened.
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I don't think he's predicting the top of the cycle, I think he's describing the end game at 100% adoption.
And I think he's thinking small. $13M per Bitcoin is pocket change compared to where we are going.
Well, at one point Bitcoin will hit 13 million dollars (except when the dollar ceases to exist in the future).
He said that $13 million when he put out his base case, Bull case, bear case spreadsheet last year though.
These large arbitrary numbers are the price these people would sell their bitcoin and get everything they want. Looking back I have lost respect for most of these people, But at the point I realized who they were what they were talking about was news to me. Max Keiser is one of these. Taught me so much about the insides of Wall Street and how global finance works, The stuff the mainstream doesn’t want people to know because they would stop buying stuff, But his actual analysis is way off, He predicted a 220,000$ bitcoin price on the 67k top, And the Fed will adopt bitcoin as a balance sheet asset and defend it with nuclear bombs before the dollar goes to zero. If only humans lived 400 years.
