What are your 20 year expectations?
Here is a 20 year plot with the red line in the schiff fork representing the median price along a 4 year halving cycle with the price doubling each block along the x axis. As a permabull I have to constantly temper my expectations with heavy doses of reality no matter how bitter the draught.
I am not saying things are bitter now..far from it as bitcoin trades on strong support in the $5.2k range tonight. I was just thinking some about some longer term projections and came up the the attached basic plot.
I honestly think this might be a worst case scenario with the bottom blue line of the fork being least likely, the bottom green line possible: but less likely, the red line median, probable: and most likely. The upper two lines receive the same weight and range of the lower pair, that being less likely.
I think there will be interesting collisions with the price and what I have drawn here but I am curious what the rest of you think.
Its not like the high command would actually allow you degenerates a vote mind you..but
they always like to know who to get rid of...I mean who
they cant trust....scratch that..
.ehem..where were we...ah yes.
I think the price is about to move up to around $7.5k as we move towards 2020 and I dont think its going back under that price for the foreseeable future.
I think the honey badger has one or two more boom/bust cycles once we reach the actual mania phase of adoption with peaks and valleys of course along the y axis. I also think a 10 fold increase in active users, going from roughly 5 million to 50 million by 2025 is beginning to happen as nocoiners become more educated about crypto in general and bitcoin in particular. These order of magnitude increase cycles are something to behold. I guess we have to start somewhere and thought this reasonable for a first swing. Anyway..carry on.
We shape our future out of the splinter of the minds eye and the wisps of dreams that eventually become reality.
On further thought, I think you should buy the dips when possible and #dyor
*All responses will under go algorithmic sampling.
M
*soundtrack for the above production recorded by Captain Twinkle Toe and the GAINZ ™,®,© Eight Track and Cassette available
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