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/biz/ - Business & Finance

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15416495 No.15416495 [Reply] [Original]

>"The predicted market value for bitcoin after May 2020 halving is $1trn, which translates in a bitcoin price of $55,000. That is quite spectacular. I guess time will tell and we will probably know one or two years after the halving, in 2020 or 2021. A great out of sample test of this hypothesis and model.
>People ask me where all the money needed for $1trn bitcoin market value would come from? My answer: silver, gold, countries with negative interest rate (Europe, Japan, US soon), countries with predatory governments (Venezuela, China, Iran, Turkey etc), billionaires and millionaires hedging against quantitative easing (QE), and institutional investors discovering the best performing asset of last 10 yrs.
>We can also model bitcoin price directly with SF. The formula of course has different parameters, but the result is the same, 95% R2 and a predicted bitcoin price of $55,000 with SF 50 after May 2020 halving."

Scarcity and disinflation make it the best store of wealth in our lifetimes.

https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

Good currencies are spent and bad stores of value, Idiots spend BTC. I bet you won't tell your grandkids you bought COTI or any other shit besides BTC

>> No.15416902

Why noone comment on this lol, just goes to show the amount of disbelief

>> No.15416916

https://www.bloomberg.com/news/articles/2019-08-23/third-biggest-cryptocurrency-barely-causes-a-ripple-amid-rally

https://www.youtube.com/watch?v=jYsWwqTdvNQ

>> No.15416921

>>15416902
Biz is no longer what it was on early 2017 there are only linkers and pajeets shillers now.
Btc is not going to break 20k but it will stabilize at 16k. And total Mcap will be 500b

>> No.15416923

>>15416902
They're too busy buying LINK XRP BCH and now RSR

>> No.15416936

>>15416921
you're going to have a lot of disappointed holders and miners. If BTC never reaches ATH, then very few of the alts can even survive. They need BTC's gains to live

>> No.15417005

>>15416936
I think it works the other way around too, btc needs alts to pump for it to continue rising. Alts act as fuel for BTC and vice versa

>> No.15417054
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15417054

>>15416921
>Btc is not going to break 20k

>its not going past 1$ are you crazy?
>no way will it ever break 10$
>are you serious? 1000$ is the ceiling

>> No.15417129

>>15417005
>btc needs alts to pump for it to continue rising
in 5 years of crypto I have never heard anyone say this before.
Everyone knows alts follow BTC, I do think they can have beneficial effects on each other or draw each other down with bad news but every alts follows BTC's price 95% or more of the time. Least correlated crypto to BTC is BCHSV. Make sense now?

>> No.15417403

>>15416495
Everyone knows BTC is going to the moon, the question is when and whether or not we can make more on the short-term PND shitcoins to accumulate more

>> No.15417984

>>15417403
https://medium.com/@satoshiknotabolo/2019-crypto-market-trends-turn-deflationary-pt-1-f9e3bfa8cfc1
this type of shitcoin is the current trend I stay small % of my portfolio in any alt though

>> No.15417997

>>15417984
https://www.deflationarycoinmarketcap.com/