I just voted 2022 and I do know if that year we will see the price of bitcoin reach the 250,000$.
Eh, I think that's way too soon. That's a 300X gain in price if my math is right (lol), and that's only 3 years away. Increasing 100X every year would mean bitcoin would be in a bubble IMO. I don't want that, because it would probably crash
hard.
Yeah, I really, really can't understand how people can get so unrealistic. Yes, Bitcoin went from 1k to 20k but that was one super bull year, and there was every reason to believe that the sheer velocity of that year would result in just as harsh a pullback. That pullback happened, but it was nowhere as harsh as it should have been for a return of the cycle in 2020 (the earliest I expected it).
Thanks to that, because we didn't suffer enough pain, and because we actually experienced a rally this year, the 20x of ATH is yet again delayed.
That's my... uneducated, only slightly nuanced take.
P.S. Dude your math is so not right =p. 8 to 250 is roughly 30 times =p