I'm inclined to agree with Dave the Wave. The hype cycles will get less and less dramatic with the passage of time. While the s2f figure will double every four years, so will money already in Bitcoin. Also, the drop in new supply per block will be half as much as the previous time each time the mining rewards are reduced by 50%. So, maybe not $300k but something like $100k. But if I'm wrong - and I'd love to be - I'll know when/if the price breezes past $100k. :)
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Makes a lot of sense. I'd still be absolutely thrilled with $100k, that's already life-changing gains. $300k would just be a ridiculous cherry on top. Do you agree with Dave the Wave on time as well? In other words, do you think the top will be end of 2022 VS end of 2021?
It's really hard to say. Because the 2016 halvening was in July and this years halvening was in May, I believe that could mean the top could be between October and November next year. But if Dave is onto something, then we could see it in December 2021 or January 2022. I really don't know. But I will be prepared for the early scenario as well.