Do you remember this episode of Simpsons?

bakasabo

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Quote from: Ultegra134 on May 01, 2023, 11:35:56 AM

It's funny that people are using The Simpsons in an attempt to predict the future, not only for Bitcoin; this cartoon has been used for pretty much everything. The Simpsons was always a sarcastic cartoon covering controversial subjects in a subtle way, but in no way could it have predicted anything. In this case, the infinite loop is probably referring to its price, which has no specific boundaries and doesn't have a ceiling, as it could range anywhere from $100 to $200,000 or even more; there's no limit.

I think it's best to lay back and enjoy the journey; we have plenty of years ahead and a possible bright future. For us, trying to find a possible meaning in pretty much everything in an attempt to come up with our own predictions doesn't help at all.

I also find it weird when people try to connect events in Simpsons with real life situations. Simpsons show has been released more than 35 years ago, the amount of episodes will be close to a thousand. Of course something that was shown in the show will appear in real life, because show writers have already written about everything. Simpsons and real life events are the best proof of probability theory.

I dont understand why people make so much drama out that. It was mentioned, that picture was taken from episode 18 season 32. This episode was aired April 11, 2021. That day, Bitcoin price was around $60k. It was the time when Bitcoin started its huge growth. So it is no wonder that Simpsons made a joke about infinite growth.

GreatArkansas

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Quote from: rozak on May 02, 2023, 11:24:51 AM

although I don't like and believe in predictions. but I've read news on social media regarding some of the unique facts of Simpson's predictions that are said to be accurate in the past.
(...)

I think these predictions are fine for me, it's ok to believe in it and it's ok not to believe in it. That's why it's called "prediction" because no one will know the future.
If these Simpsons episodes are really real that were created before the real prediction happened, then I believe it's only pure coincidence sometimes.

blue Snow

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Quote from: elevates on May 01, 2023, 08:31:31 AM

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Many people expect that movie cartoons will affecting also with bitcoin condition. Yes, I expected also, but we shouldn't hope too much because as I know all about prediction is almost coincidence. So in that situation, we must be careful and don't hope it happens for sure. But, when we talk about ATH, because Bitcoin is already almost in 14 years, I will no doubt about it, for sure in one day will pass 70k even if there is and without that movie cartoon.

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Quote from: elevates on May 01, 2023, 08:31:31 AM

That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?

Bitcoin doesn't have infinite price, like no everlasting price in as much as bitcoin is tradable it would never have a last price or the utmost price were we don't expect any further increase in price. Many people are speculating over the price were they have mentioned price to hit $1m, so other people may come up with their own price prediction as well that it could get whatever amount they feels like getting to and yet that isn't the infinite price.

woez

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The Simpsons you mean, where Marge Simpson gets involved in trading cryptocurrencies and sees the value of the cryptocurrencies she invests skyrocket to infinity. Certainly not an accurate representation of the reality of the cryptocurrency market as we have also seen significant increases in the price of Bitcoin in the past but predicting its future value is difficult and highly speculative.

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Quote from: rozak on May 02, 2023, 11:24:51 AM

although I don't like and believe in predictions. but I've read news on social media regarding some of the unique facts of Simpson's predictions that are said to be accurate in the past.
however, no one will ever know the future. it's just a guess and it may happen and also may not happen. Bitcoin is always moving up and down. people try to describe the future situation, but it is not the truth. so just consider it a pleasure.

I agree with you.

This kind of speculation is of little interest, as no one is able to predict anything about the price of Bitcoin.

Maybe in 10 years BTC will be worth 400k usd? But what will 1 usd be worth in 10 years? No one knows.

rozak

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although I don't like and believe in predictions. but I've read news on social media regarding some of the unique facts of Simpson's predictions that are said to be accurate in the past.
however, no one will ever know the future. it's just a guess and it may happen and also may not happen. Bitcoin is always moving up and down. people try to describe the future situation, but it is not the truth. so just consider it a pleasure.

MIner1448

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Predictions that Bitcoin will have infinite value are highly subjective and depend on many factors, including economic and political stability, mass adoption, competition from other cryptocurrencies, and many more. While Bitcoin continues to grow in popularity and usage, no one can accurately predict its future value. But this cartoon has already predicted a lot for us in the world and should not be underestimated.

Mate2237

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I have seen this movie once when 10 or 12 there are about. I am not a fan of that movie so I can not tell what the movie says about Bitcoin in particular or cryptocurrency in general. As it is said somewhere else again, individual can not predict the price of bitcoin though the guess work is always there to do.
The movie characters prediction of bitcoin can not tally with the physical price of bitcoin because the time of the production of the movie is not the same month of the release therefore the price can never be of the same. Assuming the movie predicted $80k and the time of the releasing the movie bitcoin price becomes drastically down. And that would become opposite. The hovering of 28$k -30$k might be a short or long term. And all depend on the demand.

rhomelmabini

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Quote from: pixie85 on May 01, 2023, 03:41:15 PM

Quote from: rhomelmabini on May 01, 2023, 03:09:36 PM

Just a mockery to USD I guess and that Bitcoin infinite price was just a joke and we won't see this in our lifetime. Maybe there's something true on that episode but it's not meant for Bitcoin, maybe it was meant for GME, FOX, or USD. We understand The Simpsons writers predict some interesting futuristic events but this one is likely not so gonna happen thing for Bitcoin, at least in our lifetime.

They were in fact mocking USD because it has infinite supply, as the printer can be run indefinitely, as long as there's demand to keep the price of the dollar above 0.
If USD supply can grow every year and bitcoin's supply is limited to 21m, BTC/USD pair can be pumped into infinity.

You'll see it next year when the FED pivots and starts printing again. USD will once again dive in value as it's done many times in the last 50 years and bitcoin and everything else will go up and they will once again say it's a real estate bubble, bitcoin bubble, stock bubble - the everything bubble just not the USD.

Well, government will still exist next year so it will have the same narrative about Bitcoin. Moreover, I'm not that buying that infinite value of Bitcoin but if somehow it does (which I really think it's not), it's not that bad though, I'd be happy more than ever if it happens considering I have been holding it since the last COVID crash.

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Hasn't The Simpsons been known to predict future events or give hints about them in some of its episodes, and have some of those predictions turned out to be accurate?

It could be mere coincidence, as it's unlikely that the show's creators have actual knowledge of what will happen in the future unless if he/she a witch lol Grin

Quote from: elevates on May 01, 2023, 08:31:31 AM

~snip~
The last time Bitcoin created a new ATH was on November 10th, 2021. We saw the USD value of Bitcoin on the verge of crossing 70k. At the moment it is hovering around 28k to 30k.
That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?

When you say "the bitcoin price to go beyond a USD value" what exactly do you mean? Note that Bitcoin's price exceeded $1 in value between February and April 2011, which was over 12 years ago.

As for when Bitcoin's value will rise a lot again, I have no idea to be honest and it's really difficult to predict. However, I believe it may happen within the next two years, perhaps around 2025 and I estimate that the value of 1 bitcoin could reach anywhere from $100,000 to $120,000. It would be probably 1million in 10 years:D but infinite value? I don't think so.

JoyMarsha

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Before bitcoin reaches its infinite value, it must advance one value at a time. By the way, Let it first cross all the tenths of thousands, hundreds of thousands, and millions of prices before we begin to reason about the infinite value price of bitcoin.

For bitcoin to reach her new ATH of $69k, it took more than a decade. Then calculate how long it will take for her to reach an infinite value after it must have crossed all the hundreds of thousands of values plus the millions price. Talk more about the limitless value you hold in your heart by Simpson's.

The infinite prediction by Simpson will take a very long year for it to happen. We may all have left this mother earth by then. The new world generation might be the one to see it happen(if it is to happen)

livingfree

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I am not sure if that should give positive feeling or they're just trolling around. I guess the feeling and understanding from that episode varies from everyone who looks at it.

They've got some other episodes too that have shown bitcoin's value but then, it's just a parody and there's no need to think of it. With all of those episodes that have successful predicted situations, this has given the thought that whatever they show is something interesting and we should care about.

But, still, they're just made by imagination and creative minds of Matt.

pixie85

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Quote from: rhomelmabini on May 01, 2023, 03:09:36 PM

Just a mockery to USD I guess and that Bitcoin infinite price was just a joke and we won't see this in our lifetime. Maybe there's something true on that episode but it's not meant for Bitcoin, maybe it was meant for GME, FOX, or USD. We understand The Simpsons writers predict some interesting futuristic events but this one is likely not so gonna happen thing for Bitcoin, at least in our lifetime.

They were in fact mocking USD because it has infinite supply, as the printer can be run indefinitely, as long as there's demand to keep the price of the dollar above 0.
If USD supply can grow every year and bitcoin's supply is limited to 21m, BTC/USD pair can be pumped into infinity.

You'll see it next year when the FED pivots and starts printing again. USD will once again dive in value as it's done many times in the last 50 years and bitcoin and everything else will go up and they will once again say it's a real estate bubble, bitcoin bubble, stock bubble - the everything bubble just not the USD.

BIT-BENDER

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Quote from: elevates on May 01, 2023, 08:31:31 AM

That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?

Bitcoin already has its own value already it’s you that choose to see it in the value of The USD and not just you, Bitcoin is valued in USD to easy the process of explaining its monetary value.

Bitcoin unlike stablecoin isn’t pegged to the USD.

But what we can expect in the near future is probably when large adoption of bitcoin has been reached there won’t be a need to be valuing the worth of bitcoin into the USD, this future is very possible.

rhomelmabini

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Just a mockery to USD I guess and that Bitcoin infinite price was just a joke and we won't see this in our lifetime. Maybe there's something true on that episode but it's not meant for Bitcoin, maybe it was meant for GME, FOX, or USD. We understand The Simpsons writers predict some interesting futuristic events but this one is likely not so gonna happen thing for Bitcoin, at least in our lifetime.

Hispo

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The fact in the screen they are implying the whole economy of the United States also just lost one quarter of its value in the at the same time Bitcoin is being valued for an infinite quantity of money is very interesting. We could argue that some of the writers of that episode feel personally bullish about Bitcoin and decided to add that little easter egg.

However, considering the fame that show has to allegedly predict future events, then I would not be sure on how to feel, a country losing one quarter of its value is a serious matter. Tongue

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I don’t see much difference between this topic and the one about time travel, both discusssions are based on premise of a theory that’s not real, time travel is not possible and the Simpsons do not predict the future. It’s silly to think a cartoon prediction will be your reason for investing in bitcoin, I can’t take a person who believes in such things serious.

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Quote from: Ultegra134 on May 01, 2023, 11:35:56 AM

It's funny that people are using The Simpsons in an attempt to predict the future, not only for Bitcoin; this cartoon has been used for pretty much everything. The Simpsons was always a sarcastic cartoon covering controversial subjects in a subtle way, but in no way could it have predicted anything.

Indeed! hence, it's best to just take it as a meme Cheesy

If we think about it, The Simpsons is a long ass show and according to fandom.com, 740 episodes have been broadcasted so it wouldn't be strange that a couple of stuff they did looked the same or similar in our present time.

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I don't know how to answer your question, what does infinite value mean? How could any coin have infinite value? So with 1 btc I could buy the whole world? Is this the infinite value? or maybe it refers to the bitcoins issued which as we all know will be 21 million?

Topic: Do you remember this episode of Simpsons? (Read 244 times)