Would love to see $10m per coin but $1m at the end of this decade is also fine with me.
Imagine those huge awe inspiring daily/weekly mega pumps..i believe it will happen one day and it will break the internet especially WO, that's for sure. lol.
https://twitter.com/adam3us/status/1624844122363244544I have never really liked the 2x per year claims because it just does not seem accurate or even representative in regards to how the portfolios of many longer term bitcoiners seems to play out... and we also know that it is much easier to 2x a small number as compared to a larger number... .. so even if it is possible that bitcoin continues to have decently high rates of returns that approach 2x per year, it just seems healthier not to be projecting out or expecting those kinds of numbers - even though one of the rationals for using such a straight-line trajectory does come from our ongoing low level of adoption and how long it has been taking to even get above 1% adoption... so that would be a rationale that justifies more bullish trajectories of future bitcoin prices.
I am not completely innocent in my own trajectories, and even within weeks of
my posting my December 28, 2021 FU status trajectory chart that was using about a 75% per year price trajectory (37.5% per half year), I was feeling guilty regarding my use of a straight line trajectory that is so bullish and I was considering that it may be better to start out with higher numbers (percentages) earlier in bitcoin's history and then to tapper off such numbers with the passage of time, so I had been considering if there might be ways that I could include a formula (or to re-jigger my charts) in order to include a kind of tapering formula (rather than a straight-line formula).
It's not even like I am against upside scenarios that break more bullish than expectations because I did my own attempt at a break-out number and
my own December 16, 2021 attempt at a break out timeline that did end up giving something like 0.5% for $1.5 million or greater which was largely meant for the last cycle that would have already topped, if we had not started going down instead (starting to really show its DOWNity self as irreversible around May 2022)
So $10 million per BTC in two more cycles seems more than reasonable... yet the extent to which it might be sustainable might be another story... even though my trajectory for fuck you status does show a $1 million as our bottom price by 2030.. which might still consider that the trajectory needs to be tappered off. including accounting for the last 8 months or so in which the projected bottom price has been breached to the downside.. and not even breached in small ways.. but sustainable and and substantial ways.. 8 months and counting and even getting down to more than 35% below the bottom price.. which just seems ridiculous to even be considering the 200 week moving average as a bottom price if it can be so sustainably breached for such a long time.. and such breach is not even over yet. .. we gotta get to nearly $25k, just to get back to
our current 200-week moving average.. .. so the slope of the 200-week moving average has been flattening out considerably in the past 8 months or so, even though it has not started to go negative yet.. gosh.. is it going to start to go negative at some point?.. perhaps? perhaps?
****Am I gonna cry?
You might be asking: "why would you do that you pussy?" and the thing is that the slope of the 200-week moving average is just flattening out so much in recent times.. and in some sense it is a BIG whatever, but in another sense the recent flattening of the 200-week moving average is a potential sign that maybe some other indicator might be better used as our projected BTC price bottom, to the extent that any bottom can reasonably be trajectored out.everything under 30k is a complete joke
Doesn't feel like a joke to me.
We've been under the 200-week moving average for more than 8 months now - not continuous, but almost continuous - and even sinking 35%-ish below it - even though right now we are "only" bouncing around 14% below it.