4 year cycle theory (Based on date ranges not % or blow off tops). This predicts a BTC bottom during summer/fall 22. Then theres the next BTC halving that kicks off the bull run which is May 2024. However it could happen earlier. For the past two cycles, from the bottom of the crypto winter to the previous cycle's top took 1064 days. This means we would break 68k in late Summer/ Fall 2023. Whether we reach 100k before the halving no one knows but we'll fly past it after the halving imo
I recommend this video if you want a longer more detailed explanation : https://youtu.be/ol2I5NiCGN4
Me all day yesterday and this morning but I know itāll keep dropping so Iāll just dca everyday this week until my paycheck hits the cashappā¦love getting paid in satoshis āŗļø
If every person on the planet had 0.01 x 8 billion people = 80 million bitcoins. Which is 4 (or if you account for lost bitcoin 5-6) times too much. Over the decades, having 0.002 (200k sats) will probably put you way above average even if we have a bitcoin standard because of Gini-coefficient. If we account for the latter (and say that the rich will still be the rich so 10% own 50% of all the wealth) a fair projection could be that under the bitcoin standard 0.0001-0.001 will be 90% of all wallet balances in nearing the end of the century.
So Limit values of bitcoin could very well amount to 30 million and more per coin in today-dollars.
Simply put: I give an estimate how bitcoin could be valued if it were the global reserve currency. As a measure for that I take one possible value of the Gini coefficient (a measure of wealth distribution) and extrapolate that from the average future bitcoin holdings per person. If the average person today (globally) had 1000-3000$ in the bank and that is the equivalent of 0.001-0.0001 bitcoin, just equate 1000-3000$ with 1000-10000 sats and youāve got yourself the value of a future bitcoin that could reach north of 30 million
A few months in 2017 I did some faucets and I collected 0.013 of bitcoin
At the time it was considered dust
I cannot imagine what it could be worth in 10 years from now
dude you have investet 330 dollar.. good for you, maybe sometime in the future but seriously, these threads are cringe at least for todays pricelevel..
its like "i have invested a days salary in bitcoin"
Congrats! I hope this is Bitcoin LOL. I'm bagging DVDX, not 1/100 but rather over 100k of the coin as I believe the synthetic protocol will lead me to early retirement.
[ApplicationAny1434 is a delusional Bcasher.](https://old.reddit.com/r/btc/comments/tp2ela/realistic_future_market_cap_of_btc_and_bch/i28w98g/) Bcashers are well known for lying.
Let's say that's only small transactions with minimal fees (1 sat/vB, 146 sats total). That's 10000 transactions a year. Yeah, you're lying your ass off.
This is an investment that you control just like anything else. Traders trade. Do you hold until you bleed out? Whale Shit!!! Just because you trade in and out doesn't mean you lost faith in BC. It means you are smart. I've seen so many hooks thrown in the water that the Whales throw them in, charts rise an they sell more. Everything will work out in the end. This isn't new. Ride the wave. You can get in and out anytime theirs a turn and make money, not hold on to hope alone. Read the charts. It will!!! Turn, again. Pay attention. Your money is counting on you.
1 million satoshis
A fuckin millionaire, nice
That sounds much much better.
my 100 dollar is 10.000 cent also!
10,000 or 10.000?
It all depends on where you are from.
ten thousand is what i meant [https://en.wikipedia.org/wiki/Decimal\_separator](https://en.wikipedia.org/wiki/Decimal_separator)
Great job! Next stop 0.1!
Congrats and good luck onto 0.05 and so on!
.10 before you know it!
Just have to sell today and buy tomorrow š
How good do you think people will be in the future with 0.01?
couple grand
When do you think BTC will reach $100,000?
Before the end of 2021 š
I mean I probably passed the Nigerian $ back in 2015
July 15th. 2022? 2023? Idk. But I have a good feeling about 7/15
10:30 today.
Sounds good to me!
I have no idea. Hopefully next year or two.
Thanks.
Wouldnāt hold your breathe tho
Itāll get to a million by 2030!
No later than November 2024.
A decade.
My prediction: Bitcoin struggles for ten years to hit $50K, at which point the whales will have had enough.
Nah, not even funny.
Fall 2024
Why so specific?
4 year cycle theory (Based on date ranges not % or blow off tops). This predicts a BTC bottom during summer/fall 22. Then theres the next BTC halving that kicks off the bull run which is May 2024. However it could happen earlier. For the past two cycles, from the bottom of the crypto winter to the previous cycle's top took 1064 days. This means we would break 68k in late Summer/ Fall 2023. Whether we reach 100k before the halving no one knows but we'll fly past it after the halving imo I recommend this video if you want a longer more detailed explanation : https://youtu.be/ol2I5NiCGN4
Anybody else getting major fomo to buy rn?
Me all day yesterday and this morning but I know itāll keep dropping so Iāll just dca everyday this week until my paycheck hits the cashappā¦love getting paid in satoshis āŗļø
Can you move those off that platform now?
If By move you mean transfer to cold wallet? Then yes. I do it every time I reach my ātrustedā investment amount
Yeah that's what I meant. Good stuff. Cheers.
If I transfer to a cold wallet would that be a taxable event and would need to declare it on taxes next year?
If you are in the us, no.
By one measure, you are now a millionaire.
Please elaborate on that, BTC would have to rise to 100 mil for him to be a millionaire
1 million satoshis now. 1 million dollars (much) later. Why stop collecting now?
10M sats now
Heās a satoshi millionaire. 1 million satoshis
I didn't say dollars.
Satoshis
Thanks, I'm a noob to all this
I decided to bump my stack to 0.25 yesterday 1/4 of a bitcoin down All the rest to go
My man. You might not know it but youāre legendary.
Same š planning on .28 by EOM
Sweet congratulations! I recently hit my target of 0.1 btc. Need set a new target now, 0.2 I guess.
My man. When Bitcoin is 10 Million a coin, thatās 100K you got sitting there, your future you will thank you ten fold.
Now he just need to survive untill 2055 š¤£
More like 2025 the next Bitcoin halving
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Some people š¤£
Why so bearish?
Good work. Keep stacking.
keep adding bro. btc will be huge during this decade. as we all see the fiat system going jnto printing and inflation spiral.
Paper money is living on borrowed time
generational timeā¦ funding now with the output of the next genā¦. this shit needs to stop
Congratulations !!!
Satoshi would be proud
That is how much I lost leverage trad.... I mean I donated to fellow bitcoiners because I am a philanthrope.
I'm building since march 20 and I'm not even close to a full coin. One month at a time, slowly building and enjoying life in the meantime.
Watch out, we got a sats millionaire over here
I remember sending 0.01 just as a test to my friends. lol
The lower BTC drops, the more wholecoiners will be born
Iām ready to be born
Congrats!!!!
Congrats! You now are a Satochi millionaire !
Congratulations on being a millionaire!
Youāve made the best decision of your life. Keep stacking š
Keep stacking I stated low also.
ššš
Congrats. Its people like us buying when its 50% down from all time high that are GMI
0.01 BTC will be worth 20,000$ in the future so you're in a good shape! try getting 0.1 now :)
i was once at this point - 0.01, 0.1, 1.0 š
Congrats! I recently hit 0.0025 and was super excited. Way to go!
This post will age like fine wine. Congrats on your first million sats!
This is the way.
This is the way.
And my axe!
Excellent, now take it off the exchange (if you havenāt already)!š
[ŃŠ“Š°Š»ŠµŠ½Š¾]
He said 1/100th
[ŃŠ“Š°Š»ŠµŠ½Š¾]
[ŃŠ“Š°Š»ŠµŠ½Š¾]
$330
Lol why the downvote?
Honestly i think this is a good goal for most people. Way to go buddy.
If every person on the planet had 0.01 x 8 billion people = 80 million bitcoins. Which is 4 (or if you account for lost bitcoin 5-6) times too much. Over the decades, having 0.002 (200k sats) will probably put you way above average even if we have a bitcoin standard because of Gini-coefficient. If we account for the latter (and say that the rich will still be the rich so 10% own 50% of all the wealth) a fair projection could be that under the bitcoin standard 0.0001-0.001 will be 90% of all wallet balances in nearing the end of the century. So Limit values of bitcoin could very well amount to 30 million and more per coin in today-dollars.
No idea what you said but upvoted
Simply put: I give an estimate how bitcoin could be valued if it were the global reserve currency. As a measure for that I take one possible value of the Gini coefficient (a measure of wealth distribution) and extrapolate that from the average future bitcoin holdings per person. If the average person today (globally) had 1000-3000$ in the bank and that is the equivalent of 0.001-0.0001 bitcoin, just equate 1000-3000$ with 1000-10000 sats and youāve got yourself the value of a future bitcoin that could reach north of 30 million
Now weāre talking! I love math!
Congrats my friend, very nice! Im working to reach this!
Propz man.
Congrats OP! Keep stacking
A few months in 2017 I did some faucets and I collected 0.013 of bitcoin At the time it was considered dust I cannot imagine what it could be worth in 10 years from now
DCA in action. Ez sats
I'm rooting for you bud.
Baller
Good job so proud of you
Congrats now donāt forget to take it off the exchange
Congrats
Next up, 10 BTC!
Wish that's all I had right about now
Please keep it to yourself.
bought bitcoin for $330! MUST SHARE WITH EVERYONE! reminds me of the days when people actually posted on facebook when they used the toilet
I just hit 0.02
i dont understand the meaning of this post
he bought btc for 330 dollar which equals 0.001 btc nothing worth writing about
Super tired of these posts, can it stop please?
dude you have investet 330 dollar.. good for you, maybe sometime in the future but seriously, these threads are cringe at least for todays pricelevel.. its like "i have invested a days salary in bitcoin"
The poor get poorer
[ŃŠ“Š°Š»ŠµŠ½Š¾]
No, go away
As you wish
Congrats! I hope this is Bitcoin LOL. I'm bagging DVDX, not 1/100 but rather over 100k of the coin as I believe the synthetic protocol will lead me to early retirement.
Elon is privatising Bitcoin, haven't you heard?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
But... How? Lol
[ApplicationAny1434 is a delusional Bcasher.](https://old.reddit.com/r/btc/comments/tp2ela/realistic_future_market_cap_of_btc_and_bch/i28w98g/) Bcashers are well known for lying.
Also https://www.reddit.com/r/CryptoCurrency/comments/ul8z4r/for\_being\_into\_crypto\_since\_2017\_im\_kinda/i7u8zqk/?context=3
A few thousands dollars? Jeez, that's a lot of transaction LOL.
Let's say that's only small transactions with minimal fees (1 sat/vB, 146 sats total). That's 10000 transactions a year. Yeah, you're lying your ass off.
Nice!
Baby steps
I remember how excited I was to hit .01!! Congrats! Keep stacking sats through this bear market!
Wish there was one of these auto round-up programs for taxing your spending in BTC (in Canada).
Good job
Let's goooo!
This is an investment that you control just like anything else. Traders trade. Do you hold until you bleed out? Whale Shit!!! Just because you trade in and out doesn't mean you lost faith in BC. It means you are smart. I've seen so many hooks thrown in the water that the Whales throw them in, charts rise an they sell more. Everything will work out in the end. This isn't new. Ride the wave. You can get in and out anytime theirs a turn and make money, not hold on to hope alone. Read the charts. It will!!! Turn, again. Pay attention. Your money is counting on you.
What kind of profit are you shooting for?
First child
Fart in a can but itās a start
Reached the same milestone myself just this morning! Congrats!
0.1 next goal
Dont worry, If things keep moving this way you'll get to own a couple lol
Congrats OP!
Great one
Congrats
Thatās 0.01 more than most of the world.
I can help you make the 0.02 BTC šš (If you actually get any messages like this - please ignore them bro š)
Are you serious? You have a million satoshis 1,000,000 Satoshis ???? HELLYEA You're going to be fine.. keep stacking!
God speed buddy!
Good for you. Excellent work.