/biz/ - Business & Finance

High hopium, my guess is it will reach 100k indeed but around 2034 after several halvings

>>56401073
Everyone thinks 100k is a given in 2024-2025.
Therefore, it won't happen.

>>56401073
Ah yes the log graph back tested to fit my narrative.

>>56401081
at this rate with inflation, overpriced cardboard boxes, out of control retail theft, and massive debt, I won't be surprised if it hits $100k by next year.

>>56401093
Btc is not good at dealing with inflation because its correlated directly with work and energy so it will tumble and tumble around 40k all 2024 just after the halving might go over 45 and correct again, still buying bags every chance I get though

>>56401073
wow then i'd have 100k bros

This one is not the log graph. It is what happens when you take the cube root instead of the log - BTC growth is linear. Here's the min and max levels out to 2030 with some halvenings drawn in .

(as an aside, this also shows why you should learn to code - stuff like this is a piece of cake to make and your choices with all the normal tools are normal or log)

Oh, and OP is right and is understating it. See chart above.

>>56401073
> find 2 random peaks
> connect line
> yep, a candle broke it, now that means a 4x incoming guaranteed
fucking lol.

>>56401203
Yeah personally I disagree with OPs timing but I do think it'll get there. What OP is missing is that before his green rectangle the market shat itself in 2020 and they turned the money printers to WTF. We havent had that crash yet.

>>56401073

>>56401183
What do you reckon would be the real maximum at 2030?

>>56401083
>Everyone thinks 100k is a given in 2024-2025.

literally nobody except retard maxipads

>>56401259
According to that chart, up to 400k. Hard to say though, if its relative to the USD, I highly doubt the USD will exist by then or if it does it'll be like Zimbabwe dollars and BTC will be worth way more USD without having more value.

On that note, I dont think people in the US realise how fucked they are. Their ENTIRE MILIRARY and ALL discretionary spending are paid for with debt. And now the carcass is being bled dry for the last pieces in Israel and Ukraine.

What happens when you have to pay off a massive debt and half your population, who were economic migrants and where you get your tax dollars from, fuck off home leaving the debt to half the people?

Hey retard maxipads

please tell me where is all this money coming from?

And all these greater fools where are they coming from?

>>56401278
you just print it duh

>>56401288
I can tell you. BTC correlates with M0 money supply (the money printer). When they print it, a lot flows directly into crypto.So after the 2020 crash where they went crazy, BTC also went crazy afterwards.

If they do that they did in 1929 and deliberately fuck everyone by turning OFF the money taps BTC will die also.

Oh and on that note, the funny thing is that everyone thinks it was the halvening that caused the 2020 boom.


What I think it REALLY was was all the money printers being fired up like crazy then after the Feb crash. The timelines just overlapped.

>>56401564
>>56401579
Whats your price prediction for 2030?

I have no crypto right now, most of my money goes to stocks.
I want to diversify a little, I wanted to just throw $100 in something to start.

I was thinking either BTC, ETH, or XMR
Opinions?

>>56401564
I'd be ok with this and I'm neck deep in btc. An extreme deflationary event would benefit the younger generations regardless of the death of btc.

>>56401073
>stockmoney lizards
kys. all that faggot does is draw up arrows on BTC charts gets 10,000 likes. retard. he's bee doing the same for years.

>>56401073
25

>>56401073
Way too early that break out in 2020 was a bit after the halving, so assume crab action till june next year
But after that its of to the races

>>56401073
ATH is reclaimed only after halving

>>56402334
This. However, if enough people have that mindset, it's possible it'll break out early from people trying to frontrun.

I have been here 5 years and never saw a chart get predicted accurately

>>56401250
Yes, I'm sure they will deploy a scam "pandemic" again.

How do you pay taxes on btc?

Like if I buy from 10 different exchanges, do I need to go and request tax forms from all of them?
How does it work if some of it is peer to peer?
What happens if I sell or trade?

>>56401073
Wrong. We are literally in the 2019 peak, therefore BTC to 12k early 2024

>>56401073
Cartesi and Qanx Bros gonna be the real winners when this happens

>>56402857
>Another COVID-tier scam pandemic is on schedule

Another fucking moron.

>>56401083
Or - it can exceed expectations and rip to $500k, leaving many swing traders who liquidated at $100k seething for years to come. Happens every cycle.

Just keep stacking and hold forever. It’s that simple.

>>56401083
>>Everyone thinks 100k is a given in 2024-2025.
>Therefore, it won't happen.

everyone thinks the stock market will go up long term

therefore, it won't happen

>>56401073
If BTC does almost 3x , imagine what other alts will do and that's the reason I'm accumulating XDA and QANX

>>56401073
Is this both the same time passed for both cycles in your comparison?

>>56401183
So retest the bottom trend line early 2024?

>>56401073
Hiw come we never rugged like 2018? Look at the charts. This cycle has been tame. Feels like it too. 2018 broke me.

>>56404863
As an asset class gets bigger it becomes less volatile. Eg. The s&p 500 vs a penny stock

>>56404736
Lol destroyed that midwits take in two sentences.

Yes, but by that estimate I would be fucking rich. And the world wouldn't want that for me

>>56404863
Alt market is 99.9% depression

>>56402225
fuck them, it's their fault, they all say btc is a scam while voting for high taxes liberal left goverments, fuck the millenials and zoomers, they don't deserve anything good in life
also deflation, it's not gonna happen, the governments need high inflation to devalue the debt

>>56401073
The fact that BTC can do 10x is the reason why other alts will do 3x. Right now, I'm hunting FGC on Dextrade at $3, retards can buy at $5 on other exchanges.

>>56401073
I'm also bullish for next year, and I'm preparing for it with my stables staked on SpoolFi

>>56404863
It's 2015 all over again
>>56407051
We will definitely need all the liquidity that we can get by then

>>56404756
Alt coins are going to crash and burn

>>56402811
yeah pandemics are the only thing that cause crashes
were you born in 2019 or something?

>>56404682
I agree with this anon. Once 100k is breached everyone and their dog will be calling for 200k. I think we top about 180k, similar to how last cycle we had fomo at 80k for a certain ride to 100k that never eventuated.

>>56401093
Correct
Idiots thinking anything priced in dollars is going to be successfully suppressed while food and fuel go through the roof are bad actors running psyops or future pesants.

>>56408493
I honestly think we'll truly top aroun 110-120k being conservative about it. And then we'll see it plumet to about 60-70k. Once it reaches 100k might be time to start putting some shorts in. I say normie FOMO will kick off at around 70-80k and that will be the pump to 100-120k

>>56405676
Yea I completely agree. That's why I live and die on the btc standard.

>>56408652
You might be right. The only way to time it is gauging normie sentiment. I will not be left holding a bag next bear even if it means missing out on an extra 20% of hypothetical gains if I'd held a bit longer.

>>56404736
I said in 2024-2025 you stupid nigger

>>56408703
You won't sell. Your greed will take over and you'll hold all the way back down again. I guarantee it.

>>56401083
Dude, no one is thinking about crypto right now. We're literally in the attention depression.

>>56401250
This

>>56408660
>>56405676
Deflationnary dollar is too late for the dollar, even if they stop doing inflation bitcoin is simply better money, ignoring that everyone mostly hates the us