The one where after BTC flippens gold it doesn't flip back
The one where web3 supercedes web2
Where culture is collected and accrued digitally instead of physically
Where life is lived mindfully rather than mindlessly
https://twitter.com/zhusu/status/1363035740507017216
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At first it sounded bearish to me, until I unerstood what is meant. Since its creation Bitcoin went through several severe bear periods between the halvings. But what if the mass adoption has increased so much that no such bear periods of 80%+ crashes from tha last ATH are possible? We see the first sign for that - unlike any other period of 12 months, there was only one 30% correction and two 20% corrections. What if this is a sign that such long periods of lack of interest from the big investors are no longer possible? The implications on any sell strategy involving considerations of the previous cycles will be hugely negative. I mean if someone is selling with the hope of buying 80% cheaper, this may turn to be a total disaster with some 30-40% dips occurring here and there. Not only that, but this will make any unnecessary major sell from our stash to be a big mistake. This tweet predicts more than a supercycle, rather an infitite bull market. Well, this may look unrealistic now, but certainly the probability for that is not 0 as some may think based on previous experience. And sometimes the past experience may be misleading.
I 'suspect' that 'everything' is going to correct once people see the reality of the hole that Trump/the pandemic and the economic issues have caused...
thus I see a 30% correction in frigging everything BTC/crypto/stocks/property you name it. Reality sucks and people will have to come to terms with such.
MY GUESS is BTC will correct 30% or more..and just sit around $30 to $40k in the next 3 years till the next halving and then repeat the cycle as in the past
of going 'ape sh*t' FOMO 5x or more around the next halving..that is my 'worst' case....assuming adoption is where I figure this all and the obvious reasons
to get crypto in these times. I suspect that if I'm wrong, I'm really, really wrong and BTC will go to over $100k as a haven for the exact same reasons
I said everything above was gonna tank. But, we've seen this FOMO before with BTC big highs then retreat a few years...next halving comes along and repeats.
Anyway, my expectations are past patterns...my HOPE is that it blows the doors-off the rest of the economy as my 'supposed' 30% correction above guess
indicates. Man, BTC is like 'angry' sex..when it is good it is really good...when it is 'bad' well it is nothing to walk away from either.
Good thing I a 'stubborn' asshole....sh*t sure got real from the like $9,300 BTC price of July 2020! Sheesh! Anyway, above is how I'm 'trying' to
manage my expectations...probably futile..but sh*t to do.
Brad