/biz/ - Business & Finance

>>13582819
>always do opposite of what /biz/ says
nice, just sold 100k!

>>13582845
that just means trust yourself

>>13582845
>/biz/ tells me to hold
>/biz/ tells me to sell
WHAT DO I DO
AAAAAAAAAAA

>>13582856
You sell
Then you hodl
Win!

>>13582819
Don't know about his forecasts, but he is spot on about December 15th 2018 being the bottom.
I mulled & checked back on this exact date all through Feb & March.

>>13582902
He's also spot on about April. The only thing left is to see if he is right in July.
Why didn't he give May and June numbers though?

>>13582902
>his

>>13582919
Forgot pic, everyone looks at BTC chart, I'm actually more interested in the Global Crypto Marketcap.

>>13582919
Because he doesn't know WTF is going on is just giving ballpark numbers.

>>13582926
This actually looks very possible. Brb taking a loan and going all in.

>>13582926
this would be the biggest crash in the history of crashes

>>13582926
56000 is too pesimistic anon and way below other halvings.

First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)

Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)

Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)

Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.

That gives us a price of 182k somewere around 2021.


And this is assuming a massive slowing down in the price increases happening between halvings.

Also bitcoin will have lower inflation than the usd and eur early next year.

Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.

But we will have lower inflation than the usd and eur so relative to fiat it will be a constant growth so maybe John does not eat his dick.

Hell even if we instead of 115 let´s say we grow 5 times less than that that´s 23 times the bottom of 3200 giving us a 73k price.


However there is no reason why this halving should have less effect , in fact it should even be stronger than the previous one since this one will bring btc inflation bellow that of fiat for the first time ever.

I am thinking more and more that we are going to 320k but this will not be a fast increase to a new ath but a larger but bigger than ever.

Something that will reach 320k by 2023 more or less.
Why?The detail is in the inflation , the btc inflation rate is that of the mining rate ,next year btc inflation will be 1,80% , if you include that lot´s were lost or not in use and not in the market it will be even lower , probably 1% inflation per year.

>>13583377
Continue.... What will happen when btc has less inflation than fiat?

Same thing that happens to housing which has less inflation than fiat.
It goes up non stop relative to fiat because fiat is worse less relative to a good that has less inflation.

BTC and BCH will enter into that realm next year, we never seen something like this.

It may literally be ethernal bullrun relative to fiat , tough i think we are in for one last bubble and then ethernal bullrun slow but constant increasing 1k per month non stop until fiat is reformed.

big if true

>>13583377
Chekt

>>13582919
To be fair, 9000 is the only number that really matters meme wise.

Will BTC dip between now and July?

>>13582926
Im thinking of this as well
Anon will earn the trust of biztards who will fomo into guaranteed 87k
They all will hodl after 56k prophecy only to be wiped out completely at 60-70k

Yesterday an Anon used the Data as a guide to see what mining would be like for the next year vs buying Fiat. Needless to say, buying was safer but after a year of mining it becomes more profitable

>>13582942
I unironically took a loan against my properties to buy bitcoin one month ago

>>13584455
Based and checkpilled