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Topic: What can we expect from this statement of Michal Slayer.. (Read 470 times)

legendary
Activity: 2534
Merit: 1338
Hey frankly you are right bro, it is better to push towards an achievable price and a price range of $68k in 4 years looks to me like a sure bet on Bitcoin price for the long term. 4 years is a good space of time and there is a high assurance that Bitcoin will surpass that price it is better and more peaceful to set an achievable price range and not speculate for a short-time pump Bitcoin price that looks impossible to achieve in a short time-based.
While the prediction being made by Saylor is basically in a time frame and a range which basically guarantees it will happen and it should not be controversial at all, I still think it is important that it was made, newbies may believe that bitcoin reaching 69k was an one-off event and this is not true, we will reach that price again, it is just that it will take some time for all the circumstances to align themselves so we can see those levels once again.
hero member
Activity: 1498
Merit: 711
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Any analysis of Bitcoin increment without a cogent reason and source is not reliable, bitcoin can get increase if it have much demand, someone can make the correction of bitcoin by investing money and with that bitcoin can be increase in the market. So i don't believe on exaggeration, assumptions and prediction, because i believe on my personal theory, in bitcoin
But, even if the predictors came up with their own source I think there's still no guarantee's that it will came into reality. The demand in btc is still there and will continue the longer we go so $69k is pretty possible but I don't think it will take us 4 years to get there. A correction is when the price falls by some percent. It's not easy for some average guy to correct the price of btc but that job is being done by the whales due to their power.

We know when the prediction is exaggerated so we won't likely believe on it but it's possible for us to believe in some predictions which are realistic because our predictions are also similar or close to that.
Theirs no prediction of Bitcoin that have fifty five percent (%55) assured, because everyone is exaggerating, so you can wake from sleep now and the price of Bitcoin changes, so it's possible that the price acceleration is not dependable by us, or our prediction, because from my understanding of cryptocurrency and especially bitcoin price, we don't have to make over emphasis of the price. If the demand of bitcoins is higher by the supply, it will surprise you that the price can reach five hundred ($500) within short space of time.
hero member
Activity: 1022
Merit: 667
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$68k within 4 years is a safe bet.. its like saying tomorrow the sun will rise

though its not pushing any boundaries of going to exaggerated amounts. so its not like he is suggesting a foolish pump and dump this year

in essence its no news.. and requires no drama
Hey frankly you are right bro, it is better to push towards an achievable price and a price range of $68k in 4 years looks to me like a sure bet on Bitcoin price for the long term. 4 years is a good space of time and there is a high assurance that Bitcoin will surpass that price it is better and more peaceful to set an achievable price range and not speculate for a short-time pump Bitcoin price that looks impossible to achieve in a short time-based.
hero member
Activity: 2688
Merit: 588
Any analysis of Bitcoin increment without a cogent reason and source is not reliable, bitcoin can get increase if it have much demand, someone can make the correction of bitcoin by investing money and with that bitcoin can be increase in the market. So i don't believe on exaggeration, assumptions and prediction, because i believe on my personal theory, in bitcoin
But, even if the predictors came up with their own source I think there's still no guarantee's that it will came into reality. The demand in btc is still there and will continue the longer we go so $69k is pretty possible but I don't think it will take us 4 years to get there. A correction is when the price falls by some percent. It's not easy for some average guy to correct the price of btc but that job is being done by the whales due to their power.

We know when the prediction is exaggerated so we won't likely believe on it but it's possible for us to believe in some predictions which are realistic because our predictions are also similar or close to that.
hero member
Activity: 1498
Merit: 711
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I don't believe that Bitcoin will be worth $68,000 but $500,000 in a decade is totally possible. I see it more as a store of value similar to Gold and Silver. As we approach the law of diminishing returns in terms of Bitcoin mining, we may need to add some other goodies to the blockchain. Although it's hard to see how this will turn out when Bitcoin is famous for its immutability. With that said, I am still bullish on Bitcoin over the long term as it has shown incredible resilience in the face of adversity and I am confident that the community will find the best way to overcome some of these barriers and bring in more people. Let's prepare for this crypto revolution.
Do you know that Bitcoin government does not have influence on bitcoin and secondly, bitcoin technology and adoption is still going on, i believe that if bitcoin survive this 2022 bearish season, it will be of surprise how the increment is going to take place in 2023, because i understand that the more the Bitcoin is running to any year the More people and investors is going to queue up to its investment, so therefore i believe that theirs every possibility that leads bitcoin to such price, if more investors comes in.
hero member
Activity: 2856
Merit: 674
It was proven that there's no accurate prediction when it comes to Bitcoin. I believe that as history tells it.
So, would you believe one guy that says Bitcoin will go here and there this time and that time. I guess not or should not.
Most investors want the bigger number especially when you are a bag holder. Creating a hype is their priority so they can take advantage of the pump, sell it and then buy back when the value sinks. It's all business for them.


Definitely, no one can precisely tell what will be the future price of bitcoin 5 or 10 years from now, what we hear every time are pure speculations, and Michael is not an exception. However, I believe $68k will not only be achieved in 4 years, but most likely higher than that. But if the market will stay dumping the whole time, maybe Michael may be right in his own price prediction.
sr. member
Activity: 2296
Merit: 348
It's clear that people are not entirely sure on what to do, and I understand that because after all we are talking about something that is risky here, it's our money and that is not something we can part very quickly. However, at the same time it's so easy for some newbies to see these type of people and invest accordingly, which is something I will never understand, it never made sense to me at all.

I am not saying do not listen to him, he has invested billions into bitcoin so there must be some truth in what he says, even if it is not a fact and it may not go up, at least he truly does believe it will, because why would he invest so much otherwise. However, still be careful about it when investing.
legendary
Activity: 2716
Merit: 1225
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https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade.
The "Bitcoin returning to $68,000 within 4 years" prediction is a very safe prediction. To be frank, Bitcoin staying at that price in the next four years would be after it must've done a fresh ATH that will surpass what it did in 2021. Four years from now will be 2026 and that should be two years after another Bitcoin halving. Every halving and post halving years have shown that Bitcoin would cap its previous ATH. $68k was for 2021, next halving in 2024 will be way above that; hopefully.
sr. member
Activity: 1610
Merit: 294
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https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement



I don't believe that Bitcoin will be worth $68,000 but $500,000 in a decade is totally possible. I see it more as a store of value similar to Gold and Silver. As we approach the law of diminishing returns in terms of Bitcoin mining, we may need to add some other goodies to the blockchain. Although it's hard to see how this will turn out when Bitcoin is famous for its immutability. With that said, I am still bullish on Bitcoin over the long term as it has shown incredible resilience in the face of adversity and I am confident that the community will find the best way to overcome some of these barriers and bring in more people. Let's prepare for this crypto revolution.
sr. member
Activity: 1666
Merit: 268
You mean saylor the slayer lol , a man like him with a lot of concernment in his own business ... he could say A now and say Z the next day , i wouldn't care too much for whatever this guy speculate , too dumb to just believe on such boombastic random speculation that actually could also come from a mouth of someone who just getting to know about a thing.

Let's just straight to the goal of bitcoin itself without too much paying attention on such things. If you believe it simply just do it.

It's true we don't trust Michael Saylor too much, whose statements are often changing and inconsistent. After all, it is better for us to invest
in Bitcoin not because of the influence of others, but because of the results of research and analysis that we do ourselves. Trusting others too much
in the end will only bring disappointment, so it's better to make decisions based on our own analysis. Especially the words of a businessman like
Michael Saylor, at least I'm sure he's saying something for his own benefit. Michael Saylor is also not a fortune teller and what he says there is
no guarantee it will be true, so why think about what he says. Everyone is free to make predictions, so let Michael Saylor have anything to say
about Bitcoin. The most important thing is that we have our own predictions, because in the crypto world we can trust ourselves. Because
we trust someone too much later we will often take the wrong step.
legendary
Activity: 2674
Merit: 1048
You mean saylor the slayer lol , a man like him with a lot of concernment in his own business ... he could say A now and say Z the next day , i wouldn't care too much for whatever this guy speculate , too dumb to just believe on such boombastic random speculation that actually could also come from a mouth of someone who just getting to know about a thing.

Let's just straight to the goal of bitcoin itself without too much paying attention on such things. If you believe it simply just do it.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
Any analysis of Bitcoin increment without a cogent reason and source is not reliable, bitcoin can get increase if it have much demand, someone can make the correction of bitcoin by investing money and with that bitcoin can be increase in the market. So i don't believe on exaggeration, assumptions and prediction, because i believe on my personal theory, in bitcoin
sr. member
Activity: 2828
Merit: 344
win lambo...
We can expect nothing to be honest. He is a very smart guy, but like all very smart guys he also makes mistakes. Now he has become bearish, consistent with the current situation. Let's see what he said not long ago:

Michael Saylor goes nuts: he predicts a $15 million Bitcoin price.


His predictions have the same credibility as any others we may see in this section.

 
And he is too optimistic when it regards to predicting Bitcoin makes us not believe him in all of his Bitcoin predictions. I'm not certain but I think he has no basis for what he said, it is just like what appears in his mind will come out in his mouth. Might say he was a smart guy but not as smart as it was in crypto, it could be in some other place.

Bitcoin will do the rallies a few years from now but totally we don't have any clue when it was the time. However, I don't think it become bullish 4 years from now.

hero member
Activity: 3052
Merit: 606
$68k within 4 years is a safe bet.. its like saying tomorrow the sun will rise

though its not pushing any boundaries of going to exaggerated amounts. so its not like he is suggest a foolish pump and dump this year

in essence its no news.. and requires no drama
This is just another trying hard influencer that keeps creating speculations so that he will draw attention from the people. Other than that, his opinions and insights are not relevant at all. Well, this is my own point of view, and that others may still agree with Michael. For me, as long as the market returns to bullish and attract positive news by that time, definitely $68k will always be easy to achieve.
legendary
Activity: 3248
Merit: 1160
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$68k within 4 years is a safe bet.. its like saying tomorrow the sun will rise

though its not pushing any boundaries of going to exaggerated amounts. so its not like he is suggest a foolish pump and dump this year

in essence its no news.. and requires no drama
Yeah it’s more on playing safe. But 4 years I think is too long as bitcoin could reach another all time high even next year as long as the market also cooperate. With consistent positive news that may hit the crypto market and from the support of big institutional investors, bitcoin will not find it hard to surge again and skyrocket until it reaches a new height.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement


I am not the kind of trader who will trade depending on anyone's predictions.  But even if his prediction doesn't come true, I think so the price of bitcoin will increase more than 80k in last 2yrs .  Market is dumping now there is no good signal so it can be sure that as much as nothing gonna change money.
full member
Activity: 1134
Merit: 140
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement
I think we can expect that many people will question his statement. Like you, you seem to disagree with it because you think it's too long already only to return to its previous ATH but for a $500k increase, I think I can agree with that since $500k is a massive amount already for just a speculative asset like bitcoin.

Before Saylor came up with that statement, there are already posts here before which states that the bull run can return 2 to 3 years from now and then the potential increase of btc will be $100k. Maybe he only get his inspiration on those posts? Because, sometimes experts do also lurk online especially in this forum to read some information about cryptocurrencies.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement
4 years is not that long, and this is the usual scenario every time we hit the bear market.
This can be the safest speculation because it’s hard to know if the economy of many countries will start to recover in the next three years, we are still experiencing the problem from pandemic especially on printing too much money and with the limited supply. Bitcoin can reach new peak though in less that 4 years, once there’s a big news in the market probably it can be hit easily but if we didn’t saw improvements, then we might wait longer for that new peak.
Reaching 68k with 4 year difference is definitely a safe bet, it's not going to be that late and it's not going to be that low if you ask me, but if that's your goal than anything quicker or higher would help you out a lot. I personally believe that the best thing to do would be making sure that you are on the right path, and that will only happen if you have the long term mindset and this allows people to be on the long term mindset.

I personally believe we will reach 68k levels again by 2023 sometime, and be over 68k+ in 2024 as well, that's what I believe it will happen, that looks a lot quicker and higher but it is once again a reason to keep buying and holding bitcoin for sure.
legendary
Activity: 1372
Merit: 2017
We can expect nothing to be honest. He is a very smart guy, but like all very smart guys he also makes mistakes. Now he has become bearish, consistent with the current situation. Let's see what he said not long ago:

Michael Saylor goes nuts: he predicts a $15 million Bitcoin price.


His predictions have the same credibility as any others we may see in this section.

 
hero member
Activity: 2954
Merit: 796
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement



Micheal Saylor is a Microstrategy and has been buying tons of bitcoin and just like everyother investors who have shares in other investments, they all talk and predict how far a price can go and they do that to ive confidence to others who have invested on similar thing especial now that there is fear in hear and there of bear market.
I think these are just specualations, but I think we will see $64k again because judging by that 4 years he stated, we would have seen another bull run after the next bitcoin halving, we all know what usually happens after that, bitcoin price will soar into another level.

Maybe and maybe not because it’s very hard to pump the price now at that level knowing that there’s a lot whale that trapped on 30K to 40K. Only new whale can make this price pump happened because retail investors will never fully commit on buying if there no major increase on volume coming from huge buy. But my concern is just new whales will surely know that there’s other whale like Microstrategy trapped and they will not allow to let there money become an exit liquidity from those trapped whales for a long time.
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