Down to about $90k, where would you park it if your trading skills were trash?

[NoahA]

WTF does this thread have to do with parking in BTC? Stay on topic. You're using an analog of $10 BTC to the current mark. BTC was $15 in 2012...

That ship has sailed and making an analog to a 4000x return is pretty stupid, even for ET.

So you're saying Bitcoin can't do a 50-100x from here over a decade or two?

(although I agree its way off topic)

 

[Frederick Foresight]

So you're saying Bitcoin can't do a 50-100x from here over a decade or two?

Don't mind Ms. Natalie Porkman. She's just passing through.

 

[poopy]

So you're saying Bitcoin can't do a 50-100x from here over a decade or two?

(although I agree its way off topic)

Did I state that? Did I state anything remotely close?

 

[Frederick Foresight]

Did I state that? Did I state anything remotely close?

I don't believe you did. But since NoahA brought it up, what do you think are the odds?

 

[NoahA]

Did I state that? Did I state anything remotely close?

Well just saying the ship has sailed implied that the move from $100 to where we are today can't be repeated. Of course the next 100x isn't as realistic, or as easy, but if bitcoin is going where many of us think its going, its very much within the realm of possibility.

 

[poopy]

You HODLers are comical. No, It's not going up 50X in a decade. It will not see $3MM in 10Y, but ET aliases are cheap.

 

[poopy]

Well just saying the ship has sailed implied that the move from $100 to where we are today can't be repeated. Of course the next 100x isn't as realistic, or as easy, but if bitcoin is going where many of us think its going, its very much within the realm of possibility.

You were off by almost an order of mag on your 2012 price so I don't know why we're even bothering to discuss this. This is not a serious discussion.

$3MM in 10Y? No.

 

[poopy]

Where was BTC 3Y ago..? $55K.

You fcking nerds infect every thread with your nonsense. If you're not converting every disposable fiat into BTC (maximalist) then you're FOS.

 

[Frederick Foresight]

You were off by almost an order of mag on your 2012 price so I don't know why we're even bothering to discuss this. This is not a serious discussion.

$3MM in 10Y? No.

But, but, but...the halving. The institutional adoption. And of course:

Bitcoin is the hardest and best money in the history of mankind and this will be true going forward

 

[NoahA]

You HODLers are comical. No, It's not going up 50X in a decade. It will not see $3MM in your lifetime, but ET aliases are cheap.

$50k to $3MM is still a good return!

Many here will of course sell at $1MM, so there will be a ceiling at some point.

I think that before we hit that hyper inflation phase, we will actually go through some deflation. So yes, we might not hit $3MM, but we will see all assets come heavily down in price, perhaps even be priced in sats.