A few multi-year projections:
2019.01.23 - Bitcoin: Some More Projections
6 years ago by pagandance (55)
$0.03
- Past Payouts $0.03
- - Author $0.03
- - Curators $0.01
13 votes
- + vjbasil: $0.032 (100%)
- + pagandance: $0.001 (100%)
- + eagle2: $0.000 (100%)
- + toufiqurrahman32: $0.000 (100%)
- + alirezasha: $0.000 (100%)
- + daeshawn: $0.000 (2.25%)
- + aiyanna: $0.000 (2.5%)
- + shakailove: $0.000 (2.75%)
- + sweetpee: $0.000 (1%)
- + osobiggie: $0.000 (1.2%)
- + kennybrown: $0.000 (1%)
- + blockgatorsarmy: $0.000 (1.2%)
- + amayahaley21: $0.000 (1%)
is this realistic or just wishfull graphing?
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It's the result of a lot of analysis of past bitcoin cycles. I expect the next slope to be less steep than the last one, but we cannot completely rule that out, even a steeper one.
The steepest slope scenario would lead us to a 3 year cycle, but also to a lower ATH, like 75K by the end of next year.
If the movement is slower but longer, the ATH goes up exponentially, say to 150K in a 4 year cycle, which would be half the multiplication (x50 from 3K to 150K) of the last one (x100 from 200 to 20K).
In a 5 year cycle Bitcoin may go to 300K and if it were to take to the end of 2023 to peak, we could reach a ATH of 600K.
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Incredible!
But is there also a chance that bitcoin goes to zero?
I read in an article somewhere that at the moment it is more expensive to mine a bitcoin than the value of that bitcoin.
In my idea this could mean 2 things: nobody is interested in mining of bitcoin anymore and the value will go down, OR miners will start to higher the prices. gradually in step with the price of the mining and hiogher...
It could be then that people will follow and your scenario might be true.
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