Topic: What can we expect from this statement of Michal Slayer.. - page 2. (Read 484 times)

Looking from the past, Bitcoin pump happen on 2017 and 2021, so the next should be on 2025.

I think the inflation and recession problem on Western countries will be solved ASAP since there's no any big events comes up. Previously on 2008 where inflation is really high due to gas price increase, but after few years the gas price become normal again and the Western economy back. As long as Russia invasion is already ended, I think that's the beginning of Western economy will back to new normal.

Based on being an investor, I don't think he's trying to manipulate the market like Elon or any other shark. His prediction is just an unbiased view of the market as he has not sold any bitcoins since holding, not only has he not sold, but has continuously DCA during periods when bitcoin falls further.

Based on what is happening with bitcoin, widely used and adopted by many large companies, many countries and has become legal in two countries El Salvador and Central African Republic. Then we can think of more countries that will accept bitcoin and the $500k price point is also what I want it to achieve.

Indeed. And people are speculating more than the price of the previous ATH which is also what I believe. Reaching $80k, $90k...that gonna be possible but of course, we can't assure as well when exactly this will come knowing that the market is unpredictable. Though we never know the market, I still put some consideration into the other's opinion for might they are right and it was stated by Michal Slayer 4 years from now which is possible after halving and Bullrun where prices are probably on the decline already.

In the last bull market, Bitcoin was around $70,000, so  the in the 4-years Bitcoin could go up to $68,000 normally. I have a bit of confusion working with such a statement. Where we expected last year maybe Bitcoin could be $100k. But within 4 years I hope it will definitely reach that target and cross $150k. Because four years is a long time and Bitcoin does not need much time to reach all those places when it comes to bullish.

As for the speculation, I think it is quite conservative for a period of 4 years, because it turns out that the next halving will not have any impact on the price. I would not agree with that statement (if it is true), and this with $500k is quite frivolous for anyone - because the next decade means that it can happen in 8 years (2030), but also that it can happen in 2039, which is just guessing and shooting at the target blindfolded.


This is not something I can agree with either, because gold is still a completely different category and something that countries will not just give up and replace with Bitcoin. It is possible that some countries like El Salvador will buy Bitcoin, but that some mass exchange of gold for Bitcoin will happen is not something we will experience in this or the next decade.

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@Flyingjack123, if you don't mind editing the title, it's not Slayer, it's Saylor.

Honestly anyone can say anything about any situation if they want to, I won't care about it at all and it's not up to me to decide neither. Market will make decisions based on what's going on and who says what, and I am honestly sure that the market won't make a single decision based on what he says.

Some people may think it otherwise and that's understandable, because they really believe in him, but I do not. Look at what happens when Elon speaks and look at what happens when this guy speaks and you see why one of them should be cared and the other shouldn't be. That's my understanding of the situation, maybe I see it differently but that's about the reality not feeling.

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.

Well, it is still just his own opinion and market manipulation and maybe he is right but never I should believe that because 4 years from now, that might be another bear season. Unless, if he will say 2 years from as halving will come during that time and expect Bullrun. Honestly, $68,000 is not quite too high but if we talk about $500k in the next decade, I can't imagine that price, it was overpriced and it was impossible. Imagine, $500k is too expensive and I can't say who will be able to take the risk from that price.

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.

$68k (basically previous ATH) in 4 years is too low in my opinion. In other words when the reversal happens and the market starts recovering, we could surpass it in less than a year or even in 6 months. In 4 years half a million dollar is more likely target.
If you look at the price history in the past 13 years  you'll understand what I just said a lot better.

But the real question is "when will that reversal start"?
The problem is that the Western economy is falling apart with inflation+recession they are facing and it is not going to get any better this year either. With the coming winter things are going to get a lot worse and it will affect bitcoin price too. But next year when the new world order is solidified and at least the EU economy is completely migrated to elsewhere (the capital is already fleeing Europe) we can see the world economy back to [new] normal.

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.

Mate if you think that a  3.5x in 4 years and 25x in 10 years is not good enough, then probably don't do investing. Gotta get the "get rich quick" mindset out of bitcoin or with investing in general. Want faster money? Go start a business.

My opinion is that Michael Saylor is going to say that Bitcoin is going up forever, because he's literally said already that Bitcoin is going up forever.  His reputation, company, and wealth are all tied to this happening, so of course he's going to say that.  I'm not a huge fan of Saylor promoting Bitcoin like a Ponzi scheme, but most shitcoins are seeing even more bulltardesque promoters so I guess it's not the worst thing for Bitcoin to have one as well.  Although I would argue the amount of Bitcoin Saylor has amassed in itself is a negative for Bitcoin and if one man ends up with unfathomable wealth, then maybe Bitcoin isn't doing what it's supposed to.

LMAO.

I also think he is playing safe. As I have commented in another thread on our local board, I believe that just as last year, in a bullish scenario we had exaggerated price predictions, now, in a bearish scenario, we are probably seeing predictions below what the market will return.

We all like to see the price go up but I am not so much concerned about the price as I am that we are heading towards a future with more and more government control, and bitcoin gives us a space of freedom.

$50,000 bitcoin was a dream 11 years ago, but that worked out pretty well for those who believed it.

If you buy at $50, if it goes to $70,000 does it really "crash" to $19,000?
Hodler's don't worry about such statements. We just hodl.  And over the years, our perspective of the value of Bitcoin matures. We don't only put a USD value on it.
$19,000 is the new $50.   In 11 years, you'll hardly believe you were so wise as to buy at this price.

the concept of the market is more than just the speculation

imagine i asked you "what are your life values"
you would tell me about your morals, ethics, desires and opinions"
which may not match everyone elses

thus "values" are speculative and individual
peoples values are subjective and varied and yes volatile if trying to measure them

but bitcoin has an underlying value(.. singular not plural).. an amount no one wants/can go below

no where on the planet can anyone acquire bitcoin for less than $15k right now by any means imaginable

call that the bottomline..the no mans land border. the underlying value line

above that line are the subjective and speculative values of individual preference/reason

then at the top is a limit where no one is willing to go above. where the price is soo premium even the most eager investor things enough is enough. because even in the most expensive mining cost region of the planet everyone including their mother can get bitcoin cheaper by other methods than the public markets

this window can be defined. and the speculative price does sit within this window

you cannot predict the price at any given time. but you can see where the window will be to work out that $250k right now us 2.7X above the top of the window. and 12x above price. thus not really in the realm of realistic possibility for 2022(now)

I am more convinced with the 4 years price target on Bitcoin by Michael Saylor, it's like we will visit again the all-time high in just a span of 4 years which. But for the next decade, $500,000 for me seems impossible but we'll never know, we never expected the growth of Bitcoin in terms of price especially when early days of it, maybe we will just touch 6 digits price or sideways to 5 digits to 6 digits price.

Its becoming a culture in crypto and speculation has something to do with it. Speculations are already keeping new users coming in crypto in hopes to get rich every 4 years. $68k in 4 years still is somehow high still but its happening ever after halving. The trend continues to higher ATH to higher ATH.

Given the current economy and people starting to look at BTC because they can't trust banks? $500K in the next decade is very possible.

We must not expect much out of this, he gave his opinion and that is it, bitcoin returning to the previous ATH in a four year window is a reasonable prediction, so there is not much we can say there, and about bitcoin reaching 500k during the next decade, who cares? If you are a long term holder and you are planning to hold for that long then it does not matter if bitcoin reaches 200k or even 500k dollars per coin, what matters is that you will be in a better economic position than the one you are currently experimenting.

I guess 4 years is already long enough to expect a $68k price for bitcoin. It may even be possible by next year once the bear market is over and bullish season will start to enter. With positive news that are expecting to hit the market that will create a huge impact on the price of bitcoin, that way bitcoin will easily touch $68k even before halving happens.