Topic: Bitcoin Will Hit $288,000 | PlanB, Creator Of Stock-To-Flow Model Explains Why (Read 144 times)
May 24, 2021, 07:48:01 AM
You could at least give your insight about the video just so you know. Also that number is a pretty high number for a prediction, bitcoin has to go a full circle to repeat another 100k after accomplishing one and I don't think that bitcoin is going to be able to do it.
May 23, 2021, 09:15:58 AM
We can sure speculate every day we want but there are no accurate speculation and prediction so far, and we can not know the future for sure, but 1 thing is for sure that Bitcoin will sure skyrocket high from any value he wants, and right now that we have tons of shitcoins and many trusting investors the market of cryptocurrency can sure go beyond any expectation that is for sure,
And if you look at new ad interesting projects right now you will be amazed and the addition of NFT, games that introduce different and interesting aspects can sure make people jump to cryptocurrency, and I have seen friends that are 100% into the stock market that has shifted to cryptocurrency because of its volatile nature and I think people will keep on adapting cryptocurrency for more years to come.
And if you look at new ad interesting projects right now you will be amazed and the addition of NFT, games that introduce different and interesting aspects can sure make people jump to cryptocurrency, and I have seen friends that are 100% into the stock market that has shifted to cryptocurrency because of its volatile nature and I think people will keep on adapting cryptocurrency for more years to come.
May 23, 2021, 08:39:47 AM
Very technical talk. Hard to listen an hour. But we had a perfectly similar dip in 2017 wich plays out exactly like the one now on the stock to flow chart. Other than that, if not, hold 4 years no big deal. We will see if pi cycle top indicator failed or stock to flow, NUPL and 20 other indicators failed.
Maybe the best indicator is the shitcoin market. When that starts going stupid that means BTC loses its scarcity value, then starts coming down, this sours the market mood then shitcoins follow bigly.
May 23, 2021, 08:32:56 AM
Very technical talk. Hard to listen an hour. But we had a perfectly similar dip in 2017 wich plays out exactly like the one now on the stock to flow chart. Other than that, if not, hold 4 years no big deal. We will see if pi cycle top indicator failed or stock to flow, NUPL and 20 other indicators failed.
May 23, 2021, 07:18:59 AM
Duh PlanB would say that about his model. And today's dip still rather much in that plan, even if this means another move below that line.
And heh, if US dollar hyperinflation happens to the tune of Zimbabwe then heh, yeah 100 trillion per coin would be easy. Not in our lifetimes, mind you, and by then, Bitcoin would probably be priced in euro or swiss franc or digital yuan, or Tesla.
And heh, if US dollar hyperinflation happens to the tune of Zimbabwe then heh, yeah 100 trillion per coin would be easy. Not in our lifetimes, mind you, and by then, Bitcoin would probably be priced in euro or swiss franc or digital yuan, or Tesla.
May 23, 2021, 02:14:09 AM
according to my chart, Bitcoin will reach $100 trillion USD per coin once the USA goes into hyperinflation!
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