Topic: Bitcoin price: with 12 years from nothing to maturity - page 3. (Read 411 times)

Reaching 1 mil per bitcoin seems impossible for next year because the marketcap won't be have so much gain to reach that price, it only could happen if the big world leaders promotes bitcoin to their country but it's something that sounds impossible to happen.

Having an astrology analysis to bitcoin price is quite interesting though. I don't know what is behind it and how the analysis goes but you should put 1 or 2 years ahead you predict price so it will be more quite interesting.
You could also do it with alts and create a continous thread, i'm sure many people will watch it 

I never traded using astrology either however if you guys are ever on crypto Twitter there is some girl there which made tons of money trading Bitcoin using astrology. No idea if it’s real because it’s possible she could of deleted some of her unsuccessful predictions however some of them turned out to be true.

She didn’t necessarily predict a price or a direction but she would give a date, like 6 months into the future and on that particular day Bitcoin either had a huge bullish or bearish day. And it was exactly on that day that she predicted. No idea if it was just luck but maybe astrology has something to do with trading.

Way to trick me into reading pseudo-astro-TA by leaving it out of the title ha!

What's interesting, from my own pseudo-familiarity of that calendar:
1. The first cycle happened in the year of the Tiger. Typically the year of maximum economic spurt. But because the tiger is cruel and forceful, the boom must come at the expense of others. A new cycles looms every 12 years... the next Tiger comes Feb next year, a few months from now. Here's the caveat: it's the water element, so it's the most sedate of the tigers.

2. The monkey is supposed to be chaos, neither good nor bad, but extremes in either way. 2016 was pretty benign in this regard.

Perhaps this, indeed, is the full maturity of Bitcoin. I don't think so though. Many surprises unseen en route.

Are you an astrology expert or something?
I've never seen someone to make analysis of the Bitcoin price based on zodiac signs.
We already know that it is almost impossible for the Bitcoin price to hit 1 million dollars.You just need common sense and basic understanding of economy and finance.There's no need to be expert in astrology or numerology in order see this conclusion.
Why don't you create a horoscope for Bitcoin?That would be interesting.
I guess that the future of Bitcoin is aligned by the stars.Everything is determined and we are all a bunch of puppets that have no agency and autonomy.The stars are what controls our lives,so we have to trust the astrologists more than any other experts and scientists.

It is interesting to look at this zodiac circle:

31.10.2009 0.001 usd
31.10.2010 0.20 usd (+ 200 times), Tiger, red
31.10.2011 3.19 usd (+ 15.95 times), Rabbit, green
31.10.2012 11.20 usd (+ 3.51 times), Dragon, yellow
31.10.2013 216.00 usd (+ 19.29 times), Snake, blue
31.10.2014 348.67 usd (+ 1.61 times), Horse, black
31.10.2015 311.24 usd (+ 0.89 times), Sheep, white
31.10.2016 686.24 usd (+ 2.20 times), Monkey, grey
31.10.2017 5734.00 usd (+ 8.36 times), Rooster, brown
31.10.2018 6309.11 usd (+ 1.10 times), Dog, purple
31.10.2019 9550.60 usd (+ 1.51 times), Pig, pink
31.10.2020 13803.41 usd (+ 1.45 times), Rat, orange
31.10.2021 61343.90 usd (+ 4.44 times), Ox, beige.

Every year is unique, and they together form almost eight orders of magnitude (100 000 000 times) increases (+4.5 times or +350% per year, on average). The maximum rise potential from 0.001 usd is ca nine orders of magnitude (1 000 000 000 times) in nowadays purchasing power because there is no more money in the world 

I think, one thing is sure:
Bitcoin price has no potential to rise more than approximately one order of magnitude (10  times). The maximum price can not significantly exceed 1 000 000 dollars per bitcoin in nowadays purchasing power even with best scenario (mass adoption, becoming the currency of the world). We can say that bitcoin price has achieved (almost) full maturity in just 12 years - eight from nine orders of magnitude.
This means that there will be no price gain per year comparable to 2020-2021 (or the 2009-2021 average) without huge price crash - no room for 300% or higher price rises per year (in nowadays purchasing power) from present level.