according to this S2F Model we are also right on track.
30,000$ by the end of 2020. But if we see another stock market crash and BTC stays immune to this, we could price movements accelerating imho.
You are viewing a single comment's thread from:
according to this S2F Model we are also right on track.
30,000$ by the end of 2020. But if we see another stock market crash and BTC stays immune to this, we could price movements accelerating imho.
Last time it went down during the "stockmarketcrash" as quickly as normal assets because of liquidity problems. Even assets like gold and silver went down pretty hard these days. Hope it will be different in the next downswing and ceyptocurrency can decouple!
And the downspirale in stocks will come, maybe at Earnings for Q2 in July. These will be miserable, like we have never seen before. Or when CoVid starts to spread again and anpther lockdown is "necessary"....
Don't get me wrong, I am really bullish on Cryptos, but this virus and the shutdown of economy(!!) are a big, big wildcard
it is definitely a big wildcard and almost all governments worldwide misuse it
Pretty amazing how accurate this thing has been. The big tell will be end of 2021 and if bitcoin ever got near $100k or not.
and how much a unit of bread will cost by then...
Likely more than it does right now, which underscores why you can't be holding fiat in the near future.
there is a German company that actually fixed one of their bread products to 22.316 Satoshis - still many now the horrors of the hyperinflation era.
That is pretty interesting. I hadn't heard that. We need a lot more things priced in satoshis going forward...