Pic related

Bitcoin timeline

Save yourself until 2020 or get wrecked

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first you should update your meme lines
faggot

Bitcoin is never dropping below 6k again you pajeet.

Just trying to help so you don't turn out like me

Back then Bitcoin was only for basement dwellers. Things have changed and everyone has heard of Bitcoin, applications are sprouting like mushrooms and we're at the start of mass adoption. You can't extrapolate the time intervals from the early data because conditions were totally different.

Agreee. This chart takes none of whats coming into account

This is the only reasonable TA I've seen on /biz, ever.

One thing. That graph applies to the entire cryptosphere. So before you start rejoicing, multiply 160 000 by the estimated BTC market cap % first.

pleeeeeease let this come true. no way this is happening but if so, i'll have more than 10 million$ in 2023

Why do you need to brag about that? You should help others instead by volunteering or teaching or being a part of a community. No one wants to hear you are going to be a rich fucking neet while we all starve to death because we didnt sell in december 2017 like you.

t. brainlet

Go cry about your lost bags somewhere else you fucking vagina. This place is for men only.

ok.. so OP sold the dip and is hoping we go lower

/thread

This is why most people won't make money on Bitcoin.

They wait outside the market and never get in until it's too late.

Anyway, enjoy your empty bags, we're leaving you at the station.

Toot toot!

You win some kind of record by how fast you went from based to faggot jesus christ user

Hey its me on mobile yes I know I have a problem with that. I wish I wasn't such a faggot and could stay based. If I do better without dying fast I will do good but hope is fading.

unfortunately your meme lines are wrong because we are currently still in the 3rd cycle but not at the peak yet. We are still in a similar situation to cycle 2 where it looks like the peak after the first halving but then shoots up to the real peak and crashes.

Please?

Wow thank you for explaining user

this guy knows
op is a newfag

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It's because growth is supposed to follow exactly down the middle not bounce off the top and bottom like op's pic is falsely assuming. The accurate meme line for growth should follow along slightly above the bottoms where most of the stable price movement is. The reason for the growth line being slightly above is to account for the fact that these price bottoms are corrective movements to balance out the inflated tops. As you can see the specified area in cycle 2 that I am referring to is more in line with the true growth curve. And if you follow that line out to where we are we are very close to that line. What is most important to notice is also that from a log perspective this bubble has been very tame and any corrective movements have already been priced in. Either we steadily go up or another bubble happens from here.

Pajeets and loosers will look at this chart and think it's bearfag delusion, but in reality it's bullish as fuck

I would love if the chart behaved like that

Pretty impressive curve fitting. I don't think it would hold up against backtesting though

I would too

Most of these fuxk bois don't realize I. Post that shit just to see what the mother fucking audience still has to say about it to Guage.

>applications are sprouting like mushrooms
Like what. All these applications are purely hypothetical.

This, we'll see bitcoin close to 100k before it enter to another long cycle, after that 500k-2m BTC.

imagine being this much of a newbullfag. baka

I'm going to study that's when I get home thank you very much

I didn't see this earlier when I was in class I miss this response from you so thanks very much

checked. I think it is very unlikely that the price of BTC will be in the five digits at the end of this year. That's a pretty bold red line there, Cotton.