It would be more interesting if it was accurate. The 2011 bubble was ~3000% (from $1 to $32), the early 2013 bubble was ~1500% (from $13 to $260), and only the last rally was 600% (from $200 to $1200).
ahh, thanks for accuracy and context. I would be greatly appreciative if we could only go up by 300% this time? OK?
That would be great.
300% is a likely ballpark of where the next surge will take us. That's why I think its going to be a while before we are at 10k. I think its going to take maybe 4 or 5 more surges.
Like for a rough guess, not at all really serious:
700 ---> 2100 300% then
1500 ---> 3750 150% then
3000 ---> 5250 75% then
4500 ---> 6750 50% then
6000 ----> 9000 50% and so on...
I agree, that's more probable than another 10X spike, but as the surges are coming closer together, we're still only looking at another 12-24 months before the $10K mark.
