/biz/ - Business & Finance

if you think bitcoin is going to 100k youre so fucking stupid. think about how the marketcap will have to scale

>>15919310
you are an idiot. btc is going to 100k. just not this year. by the end of 2020.

>>15919310
I remember hearing this a lot for 20k back in the day

>>15919310
>100K with 19 million coins
>1.8 trillion
>total market cap of gold 8 trillion

you are a retard to think it can't

>>15919341
Lmfao you think bitcoin will double amazon and apple.
Enjoy your monetary loss

No, the cheat code is:
buy below 2 year MA
sell when price breaks (2yearMA * 5) to the downside

>>15919310
The last BTC will be mined in 2140. Imagine thinking it will never go to $100k cuckbucks in that entire time.

>>15919292
DELET THIS

>>15919341
Especially considering there is not 19mil coins in circulation. So many are fucking lost.

>>15919389
BTC only needs 2x to be more worthy than the most worthy bank in the world and all it's assets.

This is trololo chart from 2014 keep it away from newfags.

>>15919395
delet

>>15919292
this is more accurate

>>15919292
I guess thats how it should work.. but instead of depending on all these curves check out coins like Telecoin and LITE as they have a much better form of transcations and security..

>>15919292
that curve is clearly wrong though

>>15919420
Aprox 5m lost pic related, every old btc video or shitpost still has a donation address and in most cases they have 100k+ dormant because the owner lost the keys.

>>15919389
apple and amazon cant be the world’s default currency. usd fiat is worth like 100 trillion

>>15919332
Exactly

>>/biz/thread/S430845#p431216

Now delet op.

>>15919443
Does anyone know what charting software was used to make this? or what website this was on?

>>15919456
My god if it truly was 5m lost how are we not at 1mill already

>>15919310
you are correct

Can you give me an estimate on how marketcap will scale?

I mean seriously guys, bitcoin now has the market cap of Apple. Its not going to keep mooning, its going to plateau there is onyl so much money in the world and India is not going to get sick of hoarding gold

so come one guys

is 35k realistic for next year?

>>15919832
Because the marketcap is extremly small , while brainlet above thing this is bearish because muh apple or amazon are more worthy the reality is that this is extremly bullish.

Lot's of money out there for btc to grow , here is the secret tough.

The bog monetary base from the federal reserve data:

https://fred.stlouisfed.org/series/BOGMBASE

This chart shows how the usd monetary base started to collapse when btc reached the ath.
The world is being starved of usd so btc price is being supressed , this is why there is now a shitstorm in turkey , india , argentina and lot's of countries.

International trade is being fucked by lack of usd , as a result btc can't grow that much for the time being , because international trade is slowing fast.
But once this is reverted we will see btc above 200k faster than you can imagine.

>>15919845
For the last 11 years boomers been buying property not to use it but as a hedge against inflation.
Now the state is going towards them and taxing them to death so property won't be a hedge against inflation for much longer.

That is the market that crypto is going for , and it's worth trillions.

>is 35k realistic for next year?

It's in the posibilities but 2021 is when the true bull market comes.(2017 levels of price growth).

>>15919431
>This is trololo chart from 2014
Can you please go back to the website you came from and stay there?

>>15919862
i love those fred charts

but guys when will the bognadoff go up?

who decision made it go down?

>>15919887
https://bitcointalk.org/index.php?topic=831547.0

>>15919887
get rekt >>15919963

>>15919310
what is inflation?

>>15919431
USDT is not real money and it's the only thing keeping this shit alive.

>accumulate below the curve
Yeah, like accumulating at $8k is the same as accumulating at $3k and people have infinite money to put into crypto.

>>15919395
Delete this right now

>>15919292
Less than 800k BTC wallet addresses in the entire world are worth at least 1BTC. Let that sink in. Out of a planet of 7 billion+ people. And those don't all belong to 800k different people. Most of them are the same people with multiple wallets

>>15919310
uhhh only 5x thats fuck all for btc

>>15919389
why not....who else out there is you know printing/selling money.

>>15919395
>>15919438
>>15921319
But it only went under the 2yr MA once in the last 4 years...

>>15919431
worthy bank

did you not see 2008.

they were all neo-nationalised.

>>15921414
That's right goyim, don't trust that method.

>>15921442
That method would have only made you money in 2018, it would have had you completely miss the recent pump.

>>15919310
> if you think bitcoin is going to 100k youre so fucking stupid. think about how the marketcap will have to scale
This is what you sound like. Put a bullet through your pea brain.

Complacency.

>>15919310
I'm not saying that it's 100% going to 100k but you're retarded if you think with absolute certainty that it's not going to 100k, I don't think it's gonna go there this year or next year but by 2023 it probably is. Blockchain is the future and BTC is the grand daddy of them all.