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/biz/ - Business & Finance

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13261543 No.13261543 [Reply] [Original]

>https://www.reddit.com/r/Bitcoin/comments/93nfkk/delugional/?sort=top
>Bitcoin investor: I've got two data points and if I draw a straight line between them, it shows a 10x return over three years.
>Bitcoin community: Well clearly you should extrapolate that to infinity.

>> No.13261570
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13261570

The delusion goes so deep that it comes back around to being reality

>> No.13261616

>>13261543
I mean that's charts literally an inverse to what central banks are doing...

>> No.13261627
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13261627

>>13261543

>$100k bitcoin in 2019

>> No.13261633

>>13261627
only 20x from here

>> No.13261636

>>13261627
HAHAHAHAHHAHAH I didn’t even bother to look at the axis

>> No.13261685

>>13261627
That's a 2.1 trillion market cap assuming all bitcoin was mined and in circulation. The world currently has 217 trillion dollars in circulation plus 1.2 quadrillion in cultures traded. That puts 100k btc at less than .. 02% of the total economic market. Not really that hard to grasp actually.

>> No.13261697

>>13261685
Futures not cultures.
Also assumes btc is all available and not lost. Considering satoshi wallet has 1m in it and might not get dumped... That's a near 5% discount to that figure.

>> No.13261699

>>13261616
this. very well said.

>> No.13261707

>>13261699
Thanks. Beartard boomers that refuse to accept the outer gonna get burned.

>> No.13261711

>introduce futures
>put a needle in the 2017 bubble
>accumulate BTC < 4k
>delist futures
>PAMP IT
fucking like clockwork. This was all planned out years ago.

>> No.13261727

>>13261711
Truly a genius move by the bankers. Then they begin moving btc in to piss poor economic regions while fudding it in developed countries... Genius plays.

>> No.13261739

>>13261727
Yes. Glad someone else sees this so clearly. What do you hold btw? Only BTC? I hold ETH and LINK too.

>> No.13261741
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13261741

>>13261711
checkd

>> No.13261776

We are going to make it finally

>> No.13261789
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13261789

>>13261739

>> No.13261791

>>13261789
If you trust me, buy 1k LINK.

>> No.13261801
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13261801

>>13261776
Spread the word. The Word of the Infinite Bull has came forth. The First Trumpet of Satoshi has been sounded.

>> No.13261809

>>13261791
That's not the only service I use. I don't hold all on one

>> No.13261813
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13261813

>>13261739
>>13261741
>>13261789

>> No.13261832

>>13261813
T. Shorted btc at 3k.
Enjoy your fate chattel

>> No.13262174

>>13261711
Nobody "plans out" anything. Things just happen for no reason.

>> No.13262182

>>13262174
Cringe and bluepilled.

>> No.13262189

>>13261813
Nice reddit filename.

>> No.13262200

>>13261697
Look up 'HODL Waves'. A good amount of BTC (20% ish) lives in UTXOs that have not been spent in 5+ years, and are probably lost.