elevates (OP)
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May 01, 2023, 01:31:31 PM Last edit: May 01, 2023, 02:53:48 PM by elevates |
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I am waiting are you too? The infinite value of Bitcoin was predicted by Simpson's in Episode 18 of Season 32. It was titled Burger Kings. It was on a character named Marge Simpson who is into stock trading. Will we see this ticker in our lifetime?The last time Bitcoin created a new ATH was on November 10th, 2021. We saw the USD value of Bitcoin on the verge of crossing 70k. At the moment it is hovering around 28k to 30k. That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
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cabron
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May 01, 2023, 01:50:30 PM |
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It is already infinite since the limited number of 21M BTC. Free market means price is infinite that it can grow as high as possible as long as there are investors buying BTC.
The ATH will likely be the bottom by the next few years just as 20k was the ATH back in 2017. It is hard to tell when exactly it will happen though.
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Helena Yu
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May 01, 2023, 02:38:23 PM |
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which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
Bitcoin price already exceed USD price since a long time ago, what you're talking about? It's impossible for Bitcoin to achieve an infinite price because there's always a name regardless how big the number is. Thousand, million, billion and trillion are common in this life, but there's already a name for a number that higher than trillion, it's quadrillion and so on [1]. Free market means price is infinite that it can grow as high as possible as long as there are investors buying BTC.
"as long as" this mean there's no guarantee many people will keep buying BTC.
[1] https://www.mathsisfun.com/metric-numbers.html
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Synchronice
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May 01, 2023, 04:06:58 PM |
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I don't really care about this cartoon and I don't really understand why people try to find the meaning of life and predict the future according to this cartoon but if you want a guess, then I think that infinite value in this case means that doesn't matter what will be the value of USD, if inflation increases, so does the bitcoin price, infinitely, that's the message.
But in order to achieve this state, bitcoin must be massively adopted and people should move from Proof Of Lies to Proof Of Work system, i.e. from fiat to Bitcoin. But if people think that we can just sit comfortably at home and do nothing and infinite bitcoin value will come out of nowhere, no, no, that's not gonna happen.
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uneng
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May 01, 2023, 04:22:44 PM |
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That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
That is just a joke from The Simpsons series to show how absurdly profitable and valuable Bitcoin can be. It's illogical and abstract to think Bitcoin will have an infinite price futurely, like it would be regards any other asset or currency. And actually Bitcoin has already gone beyond dollar's value, since 1 BTC worths 28,188$ on the currently quotation.
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Ultegra134
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May 01, 2023, 04:35:56 PM |
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That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
That is just a joke from The Simpsons series to show how absurdly profitable and valuable Bitcoin can be. It's illogical and abstract to think Bitcoin will have an infinite price futurely, like it would be regards any other asset or currency. And actually Bitcoin has already gone beyond dollar's value, since 1 BTC worths 28,188$ on the currently quotation. It's funny that people are using The Simpsons in an attempt to predict the future, not only for Bitcoin; this cartoon has been used for pretty much everything. The Simpsons was always a sarcastic cartoon covering controversial subjects in a subtle way, but in no way could it have predicted anything. In this case, the infinite loop is probably referring to its price, which has no specific boundaries and doesn't have a ceiling, as it could range anywhere from $100 to $200,000 or even more; there's no limit. I think it's best to lay back and enjoy the journey; we have plenty of years ahead and a possible bright future. For us, trying to find a possible meaning in pretty much everything in an attempt to come up with our own predictions doesn't help at all.
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Mpamaegbu
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May 01, 2023, 04:43:59 PM |
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That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
Well, the price of Bitcoin has already gone beyond the USD value as it's now. About the infinite value, we're beginning to see and take note of that in terms of its relevance in today's world. However, The Simpsons failed to put year and the expected price tag to Bitcoin so as to bring its forecast closer home. There shouldn't be any wild goose chase for that's what that episode did with its display.
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mendace
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May 01, 2023, 07:32:26 PM |
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I don't know how to answer your question, what does infinite value mean? How could any coin have infinite value? So with 1 btc I could buy the whole world? Is this the infinite value? or maybe it refers to the bitcoins issued which as we all know will be 21 million?
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Potato Chips
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May 01, 2023, 07:51:12 PM |
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It's funny that people are using The Simpsons in an attempt to predict the future, not only for Bitcoin; this cartoon has been used for pretty much everything. The Simpsons was always a sarcastic cartoon covering controversial subjects in a subtle way, but in no way could it have predicted anything.
Indeed! hence, it's best to just take it as a meme If we think about it, The Simpsons is a long ass show and according to fandom.com, 740 episodes have been broadcasted so it wouldn't be strange that a couple of stuff they did looked the same or similar in our present time.
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SatoPrincess
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May 01, 2023, 07:54:08 PM |
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I don’t see much difference between this topic and the one about time travel, both discusssions are based on premise of a theory that’s not real, time travel is not possible and the Simpsons do not predict the future. It’s silly to think a cartoon prediction will be your reason for investing in bitcoin, I can’t take a person who believes in such things serious.
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Hispo
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May 01, 2023, 07:57:13 PM |
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The fact in the screen they are implying the whole economy of the United States also just lost one quarter of its value in the at the same time Bitcoin is being valued for an infinite quantity of money is very interesting. We could argue that some of the writers of that episode feel personally bullish about Bitcoin and decided to add that little easter egg. However, considering the fame that show has to allegedly predict future events, then I would not be sure on how to feel, a country losing one quarter of its value is a serious matter.
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rhomelmabini
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May 01, 2023, 08:09:36 PM |
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Just a mockery to USD I guess and that Bitcoin infinite price was just a joke and we won't see this in our lifetime. Maybe there's something true on that episode but it's not meant for Bitcoin, maybe it was meant for GME, FOX, or USD. We understand The Simpsons writers predict some interesting futuristic events but this one is likely not so gonna happen thing for Bitcoin, at least in our lifetime.
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BIT-BENDER
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May 01, 2023, 08:30:35 PM |
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That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
Bitcoin already has its own value already it’s you that choose to see it in the value of The USD and not just you, Bitcoin is valued in USD to easy the process of explaining its monetary value. Bitcoin unlike stablecoin isn’t pegged to the USD. But what we can expect in the near future is probably when large adoption of bitcoin has been reached there won’t be a need to be valuing the worth of bitcoin into the USD, this future is very possible.
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pixie85
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May 01, 2023, 08:41:15 PM |
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Just a mockery to USD I guess and that Bitcoin infinite price was just a joke and we won't see this in our lifetime. Maybe there's something true on that episode but it's not meant for Bitcoin, maybe it was meant for GME, FOX, or USD. We understand The Simpsons writers predict some interesting futuristic events but this one is likely not so gonna happen thing for Bitcoin, at least in our lifetime.
They were in fact mocking USD because it has infinite supply, as the printer can be run indefinitely, as long as there's demand to keep the price of the dollar above 0. If USD supply can grow every year and bitcoin's supply is limited to 21m, BTC/USD pair can be pumped into infinity. You'll see it next year when the FED pivots and starts printing again. USD will once again dive in value as it's done many times in the last 50 years and bitcoin and everything else will go up and they will once again say it's a real estate bubble, bitcoin bubble, stock bubble - the everything bubble just not the USD.
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livingfree
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May 01, 2023, 08:46:06 PM |
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I am not sure if that should give positive feeling or they're just trolling around. I guess the feeling and understanding from that episode varies from everyone who looks at it.
They've got some other episodes too that have shown bitcoin's value but then, it's just a parody and there's no need to think of it. With all of those episodes that have successful predicted situations, this has given the thought that whatever they show is something interesting and we should care about.
But, still, they're just made by imagination and creative minds of Matt.
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JoyMarsha
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May 01, 2023, 09:14:10 PM |
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Before bitcoin reaches its infinite value, it must advance one value at a time. By the way, Let it first cross all the tenths of thousands, hundreds of thousands, and millions of prices before we begin to reason about the infinite value price of bitcoin.
For bitcoin to reach her new ATH of $69k, it took more than a decade. Then calculate how long it will take for her to reach an infinite value after it must have crossed all the hundreds of thousands of values plus the millions price. Talk more about the limitless value you hold in your heart by Simpson's.
The infinite prediction by Simpson will take a very long year for it to happen. We may all have left this mother earth by then. The new world generation might be the one to see it happen(if it is to happen)
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Aikidoka
Sr. Member
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Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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May 01, 2023, 09:32:41 PM |
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Hasn't The Simpsons been known to predict future events or give hints about them in some of its episodes, and have some of those predictions turned out to be accurate? It could be mere coincidence, as it's unlikely that the show's creators have actual knowledge of what will happen in the future unless if he/she a witch lol ~snip~ The last time Bitcoin created a new ATH was on November 10th, 2021. We saw the USD value of Bitcoin on the verge of crossing 70k. At the moment it is hovering around 28k to 30k. That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?
When you say "the bitcoin price to go beyond a USD value" what exactly do you mean? Note that Bitcoin's price exceeded $1 in value between February and April 2011, which was over 12 years ago. As for when Bitcoin's value will rise a lot again, I have no idea to be honest and it's really difficult to predict. However, I believe it may happen within the next two years, perhaps around 2025 and I estimate that the value of 1 bitcoin could reach anywhere from $100,000 to $120,000. It would be probably 1million in 10 years:D but infinite value? I don't think so.
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rhomelmabini
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May 02, 2023, 02:30:49 PM |
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Just a mockery to USD I guess and that Bitcoin infinite price was just a joke and we won't see this in our lifetime. Maybe there's something true on that episode but it's not meant for Bitcoin, maybe it was meant for GME, FOX, or USD. We understand The Simpsons writers predict some interesting futuristic events but this one is likely not so gonna happen thing for Bitcoin, at least in our lifetime.
They were in fact mocking USD because it has infinite supply, as the printer can be run indefinitely, as long as there's demand to keep the price of the dollar above 0. If USD supply can grow every year and bitcoin's supply is limited to 21m, BTC/USD pair can be pumped into infinity. You'll see it next year when the FED pivots and starts printing again. USD will once again dive in value as it's done many times in the last 50 years and bitcoin and everything else will go up and they will once again say it's a real estate bubble, bitcoin bubble, stock bubble - the everything bubble just not the USD. Well, government will still exist next year so it will have the same narrative about Bitcoin. Moreover, I'm not that buying that infinite value of Bitcoin but if somehow it does (which I really think it's not), it's not that bad though, I'd be happy more than ever if it happens considering I have been holding it since the last COVID crash.
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Mate2237
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May 02, 2023, 03:06:30 PM |
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I have seen this movie once when 10 or 12 there are about. I am not a fan of that movie so I can not tell what the movie says about Bitcoin in particular or cryptocurrency in general. As it is said somewhere else again, individual can not predict the price of bitcoin though the guess work is always there to do. The movie characters prediction of bitcoin can not tally with the physical price of bitcoin because the time of the production of the movie is not the same month of the release therefore the price can never be of the same. Assuming the movie predicted $80k and the time of the releasing the movie bitcoin price becomes drastically down. And that would become opposite. The hovering of 28$k -30$k might be a short or long term. And all depend on the demand.
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MIner1448
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Tontogether | Save Smart & Win Big
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May 02, 2023, 04:14:48 PM |
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Predictions that Bitcoin will have infinite value are highly subjective and depend on many factors, including economic and political stability, mass adoption, competition from other cryptocurrencies, and many more. While Bitcoin continues to grow in popularity and usage, no one can accurately predict its future value. But this cartoon has already predicted a lot for us in the world and should not be underestimated.
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