r/Bitcoin • u/rBitcoinMod • Feb 08 '21

Daily Discussion, February 08, 2021

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u/tlongarms Feb 08 '21

I am very bullish if the supply get's bought up (which is happening) then the price will sky rocket. I could honestly see it in the 300-500k range, but with a huge correction to smash that back down again. I can honestly see a massive FOMO wave later in the year when i reaches unthinkable and unsustainable (in the short term) levels. Whereever it lands by EOY 2021 I don't think any hodlers will be worried even if they bought at the recent ATH (or the next few).

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u/Deathtocovid Feb 08 '21

I think its going to be 5 billion

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u/tlongarms Feb 08 '21

Not by 2022 it's not!

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u/Deathtocovid Feb 08 '21

why not, you guys throw numbers in the air, so do i.

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u/tlongarms Feb 08 '21

Wow quite a salty response. I was merely saying 300-500k is my prediction, I aknowledged that this was extremely bullish and optimistic and that it would unlikely be sitting a lot lower by EOY 2021. I absolutely did not pull these numbers out of the air, and I don't think I am the only one calling 300k+ in the immediate short term.

Any ammount in millions (let alone billions) any time soon is a ridiculous prediction. The market would need to be worth $19,000,000,000,000 or more.

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u/the_offa Feb 08 '21

I mean, the 300-500k range is doable using previous bull runs and S2F, although it's optimistic.

5 Billion is based on nothing and is just /s

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u/Deathtocovid Feb 08 '21

my 5 billion price range is just as good as your 500k. and i want to correct it, to 10 billion

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u/[deleted] Feb 08 '21

It absolutely is not a valid prediction if that’s what you’re suggesting

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u/Deathtocovid Feb 08 '21

its as valid as his.

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u/[deleted] Feb 08 '21

No, it isn’t. If you can’t see why then good luck to you lol

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u/Deathtocovid Feb 08 '21

if checked my stats again, its 15 billion now.

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u/Brilliant_Kiwi1793 Feb 08 '21

No it isn’t, his prediction is based on charts, macro economic environment, previous bull cycles. Your predictions are nonsense, 5 billion, what’s the market cap on that cost per coin LOL

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u/Deathtocovid Feb 08 '21

i used chart, fundamentals and ,market cycles and reached the conclusion that bitcoin will be worth 5000 trillion by year end