Bitcoin is now predicted to go to 10M within 10 years...

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I sometimes wish these shitty predictions to happen so they can shut the f*ck up and do something else. How many times have they said some rubbish like that?

If you made 10 millions on a coin is because someone else gave it to you. Now people of the internet, I am talking to all of you, raise your hand if you are willing to pay 10 m for a shitty coin. Not everyone at once, please, respect your turn.
 
The article was from 2018, so we lost already 4 years of these 10 years. I suppose that the move up should go dramatically faster in the remaining 6 years. Let's do some math because that's always interesting as we can check reality with predictions:

LINE1: prices and predictions for 2018 and the same day 10 years later. BTC was in 2018 around 8500$. Watch the average compounded rate of return that should be generate DAILY, WEEKLY and MONTHLY to reach the target.

LINE2: What was the result after the first 4 years, so 40% of the period already past: BTC is today around 44000$. Due to the underperformance of the first 4 years, the compounded rate of return for the remaining period should increase around 29% to still reach the target.

LINE3: What did in REALITY happen? What was the real return for the first 4 years? The compounded rates of return are all 42% lower than needed for the prediction to become reality. So in the first 4 years they were dramatically behind and had difficulties to even get close to 50% of the needed compounded rates of return. The actual returns should DOUBLE for the remaining years to reach the target.

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virtusa said:
The article was from 2018, so we lost already 4 years of these 10 years. I suppose that the move up should go dramatically faster in the remaining 6 years. Let's do some math because that's always interesting as we can check reality with predictions:

LINE1: prices and predictions for 2018 and the same day 10 years later. BTC was in 2018 around 8500$. Watch the average compounded rate of return that should be generate DAILY, WEEKLY and MONTHLY to reach the target.

LINE2: What was the result after the first 4 years, so 40% of the period already past: BTC is today around 44000$. Due to the underperformance of the first 4 years, the compounded rate of return for the remaining period should increase around 29% to still reach the target.

LINE3: What did in REALITY happen? What was the real return for the first 4 years? The compounded rates of return are all 42% lower than needed for the prediction to become reality. So in the first 4 years they were dramatically behind and had difficulties to even get close to 50% of the needed compounded rates of return.

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Oh no, documented calculations of actual performance.

Bitcoiners don't like that.
 
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