What can we expect from this statement of Michal Slayer..

[Reid]

It was proven that there's no accurate prediction when it comes to Bitcoin. I believe that as history tells it.
So, would you believe one guy that says Bitcoin will go here and there this time and that time. I guess not or should not.
Most investors want the bigger number especially when you are a bag holder. Creating a hype is their priority so they can take advantage of the pump, sell it and then buy back when the value sinks. It's all business for them.

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[Natalim]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

Well, it is still just his own opinion and market manipulation and maybe he is right but never I should believe that because 4 years from now, that might be another bear season. Unless, if he will say 2 years from as halving will come during that time and expect Bullrun. Honestly, $68,000 is not quite too high but if we talk about $500k in the next decade, I can't imagine that price, it was overpriced and it was impossible. Imagine, $500k is too expensive and I can't say who will be able to take the risk from that price.

[goaldigger]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

4 years is not that long, and this is the usual scenario every time we hit the bear market.
This can be the safest speculation because it’s hard to know if the economy of many countries will start to recover in the next three years, we are still experiencing the problem from pandemic especially on printing too much money and with the limited supply. Bitcoin can reach new peak though in less that 4 years, once there’s a big news in the market probably it can be hit easily but if we didn’t saw improvements, then we might wait longer for that new peak.

[el kaka22]

Honestly anyone can say anything about any situation if they want to, I won't care about it at all and it's not up to me to decide neither. Market will make decisions based on what's going on and who says what, and I am honestly sure that the market won't make a single decision based on what he says.

Some people may think it otherwise and that's understandable, because they really believe in him, but I do not. Look at what happens when Elon speaks and look at what happens when this guy speaks and you see why one of them should be cared and the other shouldn't be. That's my understanding of the situation, maybe I see it differently but that's about the reality not feeling.

[Lucius]

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..
The time line of 4 years seems very long... What's your opinion regarding this statement

As for the speculation, I think it is quite conservative for a period of 4 years, because it turns out that the next halving will not have any impact on the price. I would not agree with that statement (if it is true), and this with $500k is quite frivolous for anyone - because the next decade means that it can happen in 8 years (2030), but also that it can happen in 2039, which is just guessing and shooting at the target blindfolded.

"The next logical stop for bitcoin bitcoin is to replace gold as a non-sovereign store of value asset," he said.

This is not something I can agree with either, because gold is still a completely different category and something that countries will not just give up and replace with Bitcoin. It is possible that some countries like El Salvador will buy Bitcoin, but that some mass exchange of gold for Bitcoin will happen is not something we will experience in this or the next decade.


@Flyingjack123, if you don't mind editing the title, it's not Slayer, it's Saylor.

[BobK71]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

In the last bull market, Bitcoin was around $70,000, so  the in the 4-years Bitcoin could go up to $68,000 normally. I have a bit of confusion working with such a statement. Where we expected last year maybe Bitcoin could be $100k. But within 4 years I hope it will definitely reach that target and cross $150k. Because four years is a long time and Bitcoin does not need much time to reach all those places when it comes to bullish.

[Yamifoud]

These are just mere speculations The crypto market is full of so many surprises, I mean one you never bargained for. Every one expects Bitcoin to hit new ATHs in the future and because no single individual controls the market telling exactly how much Bitcoin will cost in the future will be extremely difficult

Indeed. And people are speculating more than the price of the previous ATH which is also what I believe. Reaching $80k, $90k...that gonna be possible but of course, we can't assure as well when exactly this will come knowing that the market is unpredictable. Though we never know the market, I still put some consideration into the other's opinion for might they are right and it was stated by Michal Slayer 4 years from now which is possible after halving and Bullrun where prices are probably on the decline already.

[LittleBitFunny]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

Well, it is still just his own opinion and market manipulation and maybe he is right but never I should believe that because 4 years from now, that might be another bear season. Unless, if he will say 2 years from as halving will come during that time and expect Bullrun. Honestly, $68,000 is not quite too high but if we talk about $500k in the next decade, I can't imagine that price, it was overpriced and it was impossible. Imagine, $500k is too expensive and I can't say who will be able to take the risk from that price.

Based on being an investor, I don't think he's trying to manipulate the market like Elon or any other shark. His prediction is just an unbiased view of the market as he has not sold any bitcoins since holding, not only has he not sold, but has continuously DCA during periods when bitcoin falls further.

Based on what is happening with bitcoin, widely used and adopted by many large companies, many countries and has become legal in two countries El Salvador and Central African Republic. Then we can think of more countries that will accept bitcoin and the $500k price point is also what I want it to achieve.

[Apocollapse]

But the real question is "when will that reversal start"?

Looking from the past, Bitcoin pump happen on 2017 and 2021, so the next should be on 2025.

The problem is that the Western economy is falling apart with inflation+recession they are facing and it is not going to get any better this year either. With the coming winter things are going to get a lot worse and it will affect bitcoin price too. But next year when the new world order is solidified and at least the EU economy is completely migrated to elsewhere (the capital is already fleeing Europe) we can see the world economy back to [new] normal.

I think the inflation and recession problem on Western countries will be solved ASAP since there's no any big events comes up. Previously on 2008 where inflation is really high due to gas price increase, but after few years the gas price become normal again and the Western economy back. As long as Russia invasion is already ended, I think that's the beginning of Western economy will back to new normal.

[Beparanf]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

Micheal Saylor is a Microstrategy and has been buying tons of bitcoin and just like everyother investors who have shares in other investments, they all talk and predict how far a price can go and they do that to ive confidence to others who have invested on similar thing especial now that there is fear in hear and there of bear market.
I think these are just specualations, but I think we will see $64k again because judging by that 4 years he stated, we would have seen another bull run after the next bitcoin halving, we all know what usually happens after that, bitcoin price will soar into another level.

Maybe and maybe not because it’s very hard to pump the price now at that level knowing that there’s a lot whale that trapped on 30K to 40K. Only new whale can make this price pump happened because retail investors will never fully commit on buying if there no major increase on volume coming from huge buy. But my concern is just new whales will surely know that there’s other whale like Microstrategy trapped and they will not allow to let there money become an exit liquidity from those trapped whales for a long time.

[Poker Player]

We can expect nothing to be honest. He is a very smart guy, but like all very smart guys he also makes mistakes. Now he has become bearish, consistent with the current situation. Let's see what he said not long ago:

Michael Saylor goes nuts: he predicts a $15 million Bitcoin price.

His predictions have the same credibility as any others we may see in this section.

 

[justdimin]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

4 years is not that long, and this is the usual scenario every time we hit the bear market.
This can be the safest speculation because it’s hard to know if the economy of many countries will start to recover in the next three years, we are still experiencing the problem from pandemic especially on printing too much money and with the limited supply. Bitcoin can reach new peak though in less that 4 years, once there’s a big news in the market probably it can be hit easily but if we didn’t saw improvements, then we might wait longer for that new peak.

Reaching 68k with 4 year difference is definitely a safe bet, it's not going to be that late and it's not going to be that low if you ask me, but if that's your goal than anything quicker or higher would help you out a lot. I personally believe that the best thing to do would be making sure that you are on the right path, and that will only happen if you have the long term mindset and this allows people to be on the long term mindset.

I personally believe we will reach 68k levels again by 2023 sometime, and be over 68k+ in 2024 as well, that's what I believe it will happen, that looks a lot quicker and higher but it is once again a reason to keep buying and holding bitcoin for sure.

[savetheFORUM]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

I think we can expect that many people will question his statement. Like you, you seem to disagree with it because you think it's too long already only to return to its previous ATH but for a $500k increase, I think I can agree with that since $500k is a massive amount already for just a speculative asset like bitcoin.

Before Saylor came up with that statement, there are already posts here before which states that the bull run can return 2 to 3 years from now and then the potential increase of btc will be $100k. Maybe he only get his inspiration on those posts? Because, sometimes experts do also lurk online especially in this forum to read some information about cryptocurrencies.

[|MINER|]

https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement

I am not the kind of trader who will trade depending on anyone's predictions.  But even if his prediction doesn't come true, I think so the price of bitcoin will increase more than 80k in last 2yrs .  Market is dumping now there is no good signal so it can be sure that as much as nothing gonna change money.

[freedomgo]

$68k within 4 years is a safe bet.. its like saying tomorrow the sun will rise

though its not pushing any boundaries of going to exaggerated amounts. so its not like he is suggest a foolish pump and dump this year

in essence its no news.. and requires no drama

Yeah it’s more on playing safe. But 4 years I think is too long as bitcoin could reach another all time high even next year as long as the market also cooperate. With consistent positive news that may hit the crypto market and from the support of big institutional investors, bitcoin will not find it hard to surge again and skyrocket until it reaches a new height.

[Finestream]

$68k within 4 years is a safe bet.. its like saying tomorrow the sun will rise

though its not pushing any boundaries of going to exaggerated amounts. so its not like he is suggest a foolish pump and dump this year

in essence its no news.. and requires no drama

This is just another trying hard influencer that keeps creating speculations so that he will draw attention from the people. Other than that, his opinions and insights are not relevant at all. Well, this is my own point of view, and that others may still agree with Michael. For me, as long as the market returns to bullish and attract positive news by that time, definitely $68k will always be easy to achieve.

[Kelvinid]

We can expect nothing to be honest. He is a very smart guy, but like all very smart guys he also makes mistakes. Now he has become bearish, consistent with the current situation. Let's see what he said not long ago:

Michael Saylor goes nuts: he predicts a $15 million Bitcoin price.

His predictions have the same credibility as any others we may see in this section.

 

And he is too optimistic when it regards to predicting Bitcoin makes us not believe him in all of his Bitcoin predictions. I'm not certain but I think he has no basis for what he said, it is just like what appears in his mind will come out in his mouth. Might say he was a smart guy but not as smart as it was in crypto, it could be in some other place.

Bitcoin will do the rallies a few years from now but totally we don't have any clue when it was the time. However, I don't think it become bullish 4 years from now.

[GeorgeJohn]

Any analysis of Bitcoin increment without a cogent reason and source is not reliable, bitcoin can get increase if it have much demand, someone can make the correction of bitcoin by investing money and with that bitcoin can be increase in the market. So i don't believe on exaggeration, assumptions and prediction, because i believe on my personal theory, in bitcoin

[EdenHazard]

You mean saylor the slayer lol , a man like him with a lot of concernment in his own business ... he could say A now and say Z the next day , i wouldn't care too much for whatever this guy speculate , too dumb to just believe on such boombastic random speculation that actually could also come from a mouth of someone who just getting to know about a thing.

Let's just straight to the goal of bitcoin itself without too much paying attention on such things. If you believe it simply just do it.

[Wawa2013]

You mean saylor the slayer lol , a man like him with a lot of concernment in his own business ... he could say A now and say Z the next day , i wouldn't care too much for whatever this guy speculate , too dumb to just believe on such boombastic random speculation that actually could also come from a mouth of someone who just getting to know about a thing.

Let's just straight to the goal of bitcoin itself without too much paying attention on such things. If you believe it simply just do it.

It's true we don't trust Michael Saylor too much, whose statements are often changing and inconsistent. After all, it is better for us to invest
in Bitcoin not because of the influence of others, but because of the results of research and analysis that we do ourselves. Trusting others too much
in the end will only bring disappointment, so it's better to make decisions based on our own analysis. Especially the words of a businessman like
Michael Saylor, at least I'm sure he's saying something for his own benefit. Michael Saylor is also not a fortune teller and what he says there is
no guarantee it will be true, so why think about what he says. Everyone is free to make predictions, so let Michael Saylor have anything to say
about Bitcoin. The most important thing is that we have our own predictions, because in the crypto world we can trust ourselves. Because
we trust someone too much later we will often take the wrong step.