Biz is more delusional than reddit

>reddit.com/r/Bitcoin/comments/93nfkk/delugional/?sort=top
>Bitcoin investor: I've got two data points and if I draw a straight line between them, it shows a 10x return over three years.
>Bitcoin community: Well clearly you should extrapolate that to infinity.

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The delusion goes so deep that it comes back around to being reality

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I mean that's charts literally an inverse to what central banks are doing...

>$100k bitcoin in 2019

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only 20x from here

HAHAHAHAHHAHAH I didn’t even bother to look at the axis

That's a 2.1 trillion market cap assuming all bitcoin was mined and in circulation. The world currently has 217 trillion dollars in circulation plus 1.2 quadrillion in cultures traded. That puts 100k btc at less than .. 02% of the total economic market. Not really that hard to grasp actually.

Futures not cultures.
Also assumes btc is all available and not lost. Considering satoshi wallet has 1m in it and might not get dumped... That's a near 5% discount to that figure.

this. very well said.

Thanks. Beartard boomers that refuse to accept the outer gonna get burned.

T. Shorted btc at 3k.
Enjoy your fate chattel

Nobody "plans out" anything. Things just happen for no reason.

Cringe and bluepilled.

Nice reddit filename.

Look up 'HODL Waves'. A good amount of BTC (20% ish) lives in UTXOs that have not been spent in 5+ years, and are probably lost.