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RE: Could there be merit in the recent bull market expectations?

in #bitcoin6 years ago

Earlier today I wrote a 2012-2014 with 2018-2022 comparison post, based on my research. I'm not a prediction guy, but I like facts and comparison. And the fact that 2014 is pretty similar to 2018 got my attention. If we're to follow the 2012 - 2014 growth and patterns, the next big peak in BTC's price will be around 300000$ in 2022. I will be quite funny & life changing if it happens this way.
Here is the full comparison article, if you're interested.
Cheers!

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Thats a very optimistic view of things.
The thing is that there must be a ceiling somewhere. 300k is a 100 times increase in MC. That puts BTC at 7 trillion USD surpassing the market cap of GOLD.
Consider the market cap of the crypto market at that time.

As much as i believe in crypto and would love BTC to moon seeing it in 3 year time at 20k USD and having STEEM at 10 USD would make me more then happy.

You're absolutely right, 7 trl in MC for crypto is much, but who knows what the adoption of blockchain will bring us. And yes, STEEM at 10$ would be great.