What is that based on?

I don't think the diminishing gains with each passing cycle will continue. If mass adoption is coming and institutions are lining their portfolios with BTC, do you really think we'll stop at 3-4x the last ATH?

There's only 21 million coins and time is running out.

Got a chart or some reasoning, or just your gut? Seems pretty low to me.

I figure if the log trend continues, then based on extrapolating from past extensions above the previous ATH we're looking at $140K-$150K. That's just based on 2 data points though (2013 and 2017).

My thinking based on the mass/institutional adoption scenario and speculation based on Bitcoin's extraordinary scarcity, is that we will blow these extrapolations out of the water. The reality still hasn't sunk in for most of the investing public. The S-curve hasn't swung vertical yet. But I think it will, and it's possible it happens in the next bubble.

No, I am not wrong.  Debt based fiat requires infinite growth to not collapse.  Without growth, interest rates would need to be set to zero, which is what we already have...and what Japan has had for a long time.  Interest rates are actually negative vs inflation.  Regardless, it's impossible for borrowing to not have a carrying cost.  Trying to nigger rig no carrying costs is just a temporary can kicking ploy that creates epic levels of malinvestment, which then implodes the system in a much bigger crash than having just left interest rates at their normal levels.

You then run into another problem.  The monetary unit literally is debt.  Interest generating loans and the currency itself (which also generates interest) are erroneously classified as assets and used as collateral when debt is always a liability and never collateral.  The prolonged 0% interest rate is guaranteed to create a malinvestment bubble which will bust and create massive deflation and collapse the system when it does from all crosslinked loans going bad because the banks cannot handle any form of deflation.

But back to the carrying cost aspect.  Fiat dollars are considered assets because if you have enough of them, they can (at some times) generate a lot of interest for you.  If interest rates are zero because growth is impossible due to peak working age demographic in every nation that matters, and peak energy use - because energy is what powers the economy and the world doesn't have infinite energy to give - then fiat is no longer an asset and then turns into a liability.  Once fiat is a liability, the world is guaranteed to go back to physical metals regardless in almost every aspect.

And way more Tungsten than required.
Just ask the Germans (Gyrsur, are you around?) how long it took to take THEIR gold back to motherland.

A Republican president posting on Twitter arguing America should convert to a communist command economy haha.



But it's not even his real motivation.  Debt is completely unserviceable and about to implode the whole system and he's giving some fake cover story for why he wants massive dollar devaluation.  The only three options are:

1)  Devalue the dollar to be literally worthless before the system blows up then everything goes on as normal with everyone still enslaved to the bankers and debt based fiat.  It would send some assets and physical metals to the moon and create hilarious levels of income equality.  Imagine the rich being 10x richer than now and people with no assets except some fiat becoming even poorer.  The nation would probably implode two days later.

2)  Go back to physical metals before the system blows up and revalue metals to the moon to cancel out the cascading deflationary collapse of all the banks from unserviceable debts

3)  Go back to physical metals after the system collapses and revalue metals to the moon to recapitalize the system

Fuck ya'll. $1,000,000.

Year 2020 is a halving time for bitcoin and nobody will exactly know what the price at that time will be. Bitcoin might take a dip before and or on the day of halving because of uncertainty but uptrend may resume at a later date possibly with another all-time high. $100k is possible maybe several months after the halving if there is no negative unforeseen events coming along the way.

Thank you paid troll,

Find sample analysis here:

https://www.amsinger.org/sample-analysis

Aaron

Let's be reasonable here...

1 BTC = $37331

Being here for a long time may not necessarily mean such a person is a trader that can advise you what you are do with your investment plan. I will advise you that you should sell when people are greedy to buy particularly when prices are going in an upward direction.

$100k or $800k doesn't matter a lot to me. I want facts, give me some substances, give me BTC/USD $40k at least...:p If you tell me Bitcoin will hit 1 million in 2075, I won't be alive anymore, who cares, Am I going to wait until I die? I would rather sell everything when it touches $200k.
I have plans IRL like everyone, to be a property owner and stuff like that you know. So at a time, I will sell no matter the price

If you need 20$ for your advises it means that you are not good enough to earn from speculating on Bitcoin, so your advises are basically worthless.


I also used logic in what I wrote above. Can you beat that?

Even $100,000 would kill it.  If 1 sat (or even 100 sat) == $1 then the fees would grind the system to a halt.  The fees would be so high relative to the amount sent, that it wouldn't be worth it.  From an investment perspective 1 sat==1$ is a nice round number.  From a users perspective, only being able to buy things divisible by 1$ is crap.