The most true, but also the cruel price prediction

[thejaytiesto]

Lack of tunnel vision bias. The 1k ATH will look like a tiny drop in the sea in the next decade or two. This is a hint in how Bitcoinwisdom will look like in the future:



We are in the "stable low price where everyone ignores the elephant in the room for years" phase.
Pick up the easy fruits now or cry later.

[1714671592]

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[yefi]

Well I hope that this planet is not very far from here because things will change drastically.

As for the Willy trades, almost everything is manipulated by the bot itself, the market followed suite when they notice that things are going to get crazy so they joined in. And that itself isn't a natural occurrence, because they figured out something is happening that's why they also bought and joined the party.

Could we rerun history, I would suggest that a bubble of similar magnitude would emerge without either Willy or Marcus. It cannot be argued that the November bubble was entirely natural though, when these bots bought over half a million Bitcoin (or I should say gave the impression of buying).

Btw, if you believe they were solely responsibly, it is worth noting that the number of coins these bots 'bought' in a year is approximately equal to the number that will be sliced from supply next year.  

[spazzdla]

Lack of tunnel vision bias. The 1k ATH will look like a tiny drop in the sea in the next decade or two. This is a hint in how Bitcoinwisdom will look like in the future:



We are in the "stable low price where everyone ignores the elephant in the room for years" phase.
Pick up the easy fruits now or cry later.

You see that bump around 1990, that will be 2013 in 2030 .

[bri912678]

This prediction isn't that cruel.. it still shows a positive trend.

Dan V posted an extremely bearish chart which was similar to the OP prediction. It predicted the price would slowly fall for years and only significantly rise after it had fallen below $100. On the other hand some say he only knows how to draw lines pointing downwards, and I have witnessed his charts getting it completely wrong. Nonetheless, even Dan V sees light at the end of an extremely long tunnel that lasts a few more years.

[pattu1]

Bitcoin will have failed if we have to wait until 2021 to see $500....I see $500 happening within the next couple of years.

I dunno a slow steady rise to $500 over several years could really give BTC a lot of good views.

ALTHOUGH.. just like every other thing of wealth.. once the market proves BTC is here to stay and it is steadly rising.. the media will go nuts and noobs will pour in again.

2019

BITCOIN has offered a 10% return year over year since 2015!! It's a solid investment... we'll see a boom.

A lot of people are still holding on to bitcoin, waiting for that big pump.
If it is going to be just stable growth, these people will exit, pulling bitcoin down.

[Mieehayii]

Lack of tunnel vision bias. The 1k ATH will look like a tiny drop in the sea in the next decade or two. This is a hint in how Bitcoinwisdom will look like in the future:



We are in the "stable low price where everyone ignores the elephant in the room for years" phase.
Pick up the easy fruits now or cry later.

can not understand it.

what might bring the elephant out from the room?

[Slunt]

Bitcoin will have failed if we have to wait until 2021 to see $500....I see $500 happening within the next couple of years.

It won't have failed. If bitcoin is still going at these prices in 2021 then it will be a sucess. I think bitcoins value will rise to over 1k again but not anytime soon and we may need to wait at least five years for that.

[cellard]

Lack of tunnel vision bias. The 1k ATH will look like a tiny drop in the sea in the next decade or two. This is a hint in how Bitcoinwisdom will look like in the future:



We are in the "stable low price where everyone ignores the elephant in the room for years" phase.
Pick up the easy fruits now or cry later.

You see that bump around 1990, that will be 2013 in 2030 .

Indeed. I remember back in the day how all those big ass companies crashed and people said it was over. Well it turns out 20 years later anyone still holding those shares would be multi millionaires by now, but guess what, only a very small % of people go to the end with their investments, that's why naturally you end up with few people being rich. All or nothing with Bitcoin is the only way to go.

[leex1528]

Lack of tunnel vision bias. The 1k ATH will look like a tiny drop in the sea in the next decade or two. This is a hint in how Bitcoinwisdom will look like in the future:



We are in the "stable low price where everyone ignores the elephant in the room for years" phase.
Pick up the easy fruits now or cry later.

You see that bump around 1990, that will be 2013 in 2030 .

Indeed. I remember back in the day how all those big ass companies crashed and people said it was over. Well it turns out 20 years later anyone still holding those shares would be multi millionaires by now, but guess what, only a very small % of people go to the end with their investments, that's why naturally you end up with few people being rich. All or nothing with Bitcoin is the only way to go.

Well, I agree sort of.  All or nothing isn't the way to go.  Just like any investment you never want all of your currency in one place, it is just not a good idea.  If it does crash, you are broke, however if you can put what you can afford into Bitcoins it isn't that bad of an idea, if it does balloon like a couple years ago, you are looking at roughly 1,000 per coin profit.  10 coins would be 10,000 dollars, so on and so forth.