No chart can predict exactly where BTC is going.. and really I doubt that we are going to reach $200 in the near future (though anything is possible, of course - and there could be some flash crashes... since the BTC market cap is still fairly small at less than 9 billion...
How time Changes.....
$200 was looking hard to be reached now $68000 is a Dump.
Who knows $120k is laughed on like now we are doing on $200.
I doubt JJG would've thought BTC reaching $68000.
#BTCtotheMoonI was pretty new to bitcoin and to the forum at the time of that February 2014 post, and we found out that $200 did end up getting touched upon, even a couple of times in 2015.
I agree that we can see that we are doing quite well at $68k, and also accounting for that we spent quite a bit of time above $100k during quite a bit of 2025, and yeah we are quite likely returning to supra $100k at some point, even though the timing of such BTC price move is not easy to figure out.
As you reiterated in your subsequent posts, at any point in time, it can be quite difficult for any of us to figure out BTC price directions, and sometimes the price direction seems extreme when it ends up playing out, and one of the best things that we can do is to adapt by financially and psychologically preparing ourselves for such possible extremes.
There are ways to prepare for either price direction, which i freuqently consider ongoing buying of bitcoin to be preparing for up, yet if we might hold back or maybe we have a lot of money coming in through fiat, then we have a stake in bitcoin bitcoin and dollar systems... even though it can also be difficult to balance those matters too, including from guys who might start to earn an income in bitcoin.
No chart can predict exactly where BTC is going.. and really I doubt that we are going to reach $200 in the near future (though anything is possible, of course - and there could be some flash crashes... since the BTC market cap is still fairly small at less than 9 billion...
How time Changes.....
$200 was looking hard to be reached now $68000 is a Dump.
Who knows $120k is laughed on like now we are doing on $200.
I doubt JJG would've thought BTC reaching $68000.
#BTCtotheMoonNot everyone has always been hilariously wrong about where Bitcoin's price is headed. Here's what I was saying around the time JJG was saying that Bitcoin wouldn't hit $200...
I did most of my bitcoin accumulation during that time, and I had already had thoughts of accumulating enough by late 2014.. but then by 2015, I was thinking that I had accumulated more than enough. So it worked out pretty well for me in terms of focusing on accumulating.
Maybe you should think of your own mistakes in your failure to accumulate, and you might even be continuing with similar kinds of mistakes right now... even though you are actiing as if you have it all figured out.
I think a market cap of 8-20 billion is appropriate for the current market ($380-$952 BTC). I think if paypal/ebay/amazon start accepting it, you could make the case for an 80 billion dollar market cap ($3,800 BTC). If investors begin to embrace the coming ETF and companies like Walmart start accepting it, you could probably make a case for a 200 billion dollar market cap ($9,500 BTC). If small countries start using it as their national currency and organizations like OPEC use it to price their products, you could see >400 billion dollar market cap (>$19,000 BTC). I personally think it will continue to grow until it settles in somewhere around an 80 billion dollar market cap for a while. My $0.02.
It highlights the difference in views people had at the time. Some people were saying a $200 BTC wouldn't happen, some people were saying it was on it's way to above $20K...
Not all opinions are created equal.
Actions probably are more important than whether you get it right or not, especially when it comes to bitcoin and long term investing into bitcoin.
Which goes to show that as long as guys were mostly accumulating bitcoin between 2014 and 2016 they ended up doing quite well, including if they largely just held through the 2017 peak and the subsequent correction in 2018, 2019 and 2020. Just hink how well you could havre had done if you had been buying and holding bitcoin during that time, including that you had the fortune of 2011 to 2013 period that you ended up squandering away, yet still trying to proclaim yourself as "the smarter one"
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