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Exeunt tell us how big crypto is going to get in the next 5 years (DTP)

right now bitcoin is $200billion marketcap what's your fu...
Aphrodisiac Jewess Gas Station
  08/28/20
he doesn't do specific predictions. wouldn't be very "m...
Navy Black Woman
  08/28/20
Maybe if someone didn’t throw a fit about his assuranc...
Fantasy-prone henna foreskin
  08/28/20
this thread is not about assurances, just to clarify what he...
Aphrodisiac Jewess Gas Station
  08/28/20
i'm not asking for him to be specific in a "gotcha"...
Aphrodisiac Jewess Gas Station
  08/28/20
i think aggregate market cap could exceed $1 trillion within...
gold supple knife
  08/28/20
very shallow analysis crypto *does* deserve its stench of...
Aphrodisiac Jewess Gas Station
  08/28/20
investing is about making correct predictions. theses should...
gold supple knife
  08/28/20
"theses should be simple so as to be robust" no...
Aphrodisiac Jewess Gas Station
  08/28/20
Dtp done here
Hateful Kitchen Preventive Strike
  08/28/20
...
blue theater
  08/28/20
he's really gone off his rocker lately. completely unhinged
Aphrodisiac Jewess Gas Station
  08/28/20
cr
gold supple knife
  08/28/20
i didn't say $1 trillion, i said over $1 trillion. you can't...
gold supple knife
  08/28/20
Next bubble peaks at 4-5 trillion but then crashes to a tiny...
Hateful Kitchen Preventive Strike
  08/28/20
and then the one after that? it'll be $50 trillion right?
Aphrodisiac Jewess Gas Station
  08/28/20
Ofs
Hateful Kitchen Preventive Strike
  08/28/20
To be fair, I like how this was viewed as "crazy&quo...
Cerebral Potus
  10/14/23
...
clear really tough guy messiness
  09/14/20
180
180 mauve trump supporter locale
  10/19/20
i think this holds up well
gold supple knife
  10/16/21
this poast made me resume crypto investment in Sep 2020.
bonkers sadistic bawdyhouse associate
  10/17/21
180
gold supple knife
  10/17/21
this was a 180 analysis
gold supple knife
  10/14/23
...
Aphrodisiac Jewess Gas Station
  08/28/20
execunt, could you share us your portfolio breakdown? I r...
180 mauve trump supporter locale
  08/28/20
He also likes ftt a lot
Hateful Kitchen Preventive Strike
  08/28/20


Poast new message in this thread



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Date: August 28th, 2020 3:39 PM
Author: Aphrodisiac Jewess Gas Station

right now bitcoin is $200billion marketcap

what's your future expectation and why?

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40830371)



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Date: August 28th, 2020 3:42 PM
Author: Navy Black Woman

he doesn't do specific predictions. wouldn't be very "magical" if he were wrong, so he has to be as vague and mysterious as possible when posting about crypto

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40830387)



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Date: August 28th, 2020 3:43 PM
Author: Fantasy-prone henna foreskin

Maybe if someone didn’t throw a fit about his assurances he’d make complete predictions

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40830393)



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Date: August 28th, 2020 3:45 PM
Author: Aphrodisiac Jewess Gas Station

this thread is not about assurances, just to clarify what he's talking about

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40830400)



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Date: August 28th, 2020 3:44 PM
Author: Aphrodisiac Jewess Gas Station

i'm not asking for him to be specific in a "gotcha" sort of way, but to explain his reasoning and clarify what he's talking about.

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40830397)



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Date: August 28th, 2020 5:18 PM
Author: gold supple knife

i think aggregate market cap could exceed $1 trillion within five years in the next bubble. give it more than 50% chance.

rationale is simple: demand for crypto has been ratcheting up over time with each bubble. after each bust, the price of BTC (and other cryptos) finds an equilibrium price that is much higher than what prevailed prior to the bubble. for example, prior to the massive pump in 2017, BTC's price was around $1000. after the bubble burst, the price fell to what felt at the time like a catastrophic low of $3500--3.5x the price that prevailed just 2 years before. this is a continuation of a pattern that has occurred at least 3x before.

of course, that begs the question: why would demand for crypto rise over time. this is where most normies and even some very smart investors make a crucial mistake, because they cannot imagine demand for crypto rising over time. they think "dur hur fake money go to zero" and pat themselves on the back during the crashes while having forgone 100x returns.

crypto demand comes from several places:

1) speculative demand, which is to say crypto has value simply because it is an instrument of gambling. lots of assets have speculative demand (e.g. TSLA stock). volatile, lottery-like assets tend to be persistently overpriced because of it. the gambling industry is huge, which is why casinos, horse tracks, robinhood, lotteries, etc. experience in aggregate of hundreds of billions of dollars in flows every year. it is undeniable that crypto has accrued tremendous and durable value simply due to the number of gamblers/speculators entering the ecosystem.

2) ideology. crypto appeals to people who are ideologically opposed to government control and value their privacy. prior to BTC, most of these people--many are kooks--tended to hoard gold, guns, and ammo. now some own BTC.

3) utility. crypto is now liquid enough that you can store and transmit large amounts of value across borders, regardless of government regulations. there is a lot of demand for illicit money and crypto's utility for these purposes has gone up over time because it's now mixed in with "legitimate" speculative activity. five years ago, you'd have trouble cashing out $1m BTC in thailand or whatever due to lack of liquidity/fiat off-ramps; now you can do that fairly easily.

the # of people willing to seriously consider crypto as a legitimate asset to own--even if for gambling purposes--is going up over time as boomers die and young people who have been raised with BTC start to earn more money. also, the longer crypto sticks around, the more liquid it becomes, the more people who were previously resistant will consider it to be a "legitimate" asset to own, which is what we've seen in xo. five years ago, few owned BTC. now many own something.

of course, the processes driving crypto's value upward will eventually find an equilibrium. but given how little penetration and the stench of illegitimacy crypto has, we are likely a long way off.

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40830905)



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Date: August 28th, 2020 6:44 PM
Author: Aphrodisiac Jewess Gas Station

very shallow analysis

crypto *does* deserve its stench of illegitimacy

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831225)



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Date: August 28th, 2020 6:51 PM
Author: gold supple knife

investing is about making correct predictions. theses should be simple so as to be robust. in trading/investing, there are two camps: people who want to be "right" and people who want to make money. you fall into the camp of wanting to be "right"--wasting tons of time arguing, spinning verbiage. that's why you've failed to make money, and why crypto tards have made bank.

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831260)



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Date: August 28th, 2020 6:55 PM
Author: Aphrodisiac Jewess Gas Station

"theses should be simple so as to be robust"

no, they should be simple enough to state but backed up by in-depth reasoning. yours is on par with a first-year analyst at any of those hedge funds you look down on.

i failed to make money because BTC 4x'd from my entry point, while i was attempting to make 100x gains.

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831275)



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Date: August 28th, 2020 7:45 PM
Author: Hateful Kitchen Preventive Strike

Dtp done here

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831488)



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Date: August 28th, 2020 9:02 PM
Author: blue theater



(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831815)



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Date: August 28th, 2020 9:08 PM
Author: Aphrodisiac Jewess Gas Station

he's really gone off his rocker lately. completely unhinged

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831847)



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Date: August 28th, 2020 9:30 PM
Author: gold supple knife

cr

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831985)



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Date: August 28th, 2020 9:30 PM
Author: gold supple knife

i didn't say $1 trillion, i said over $1 trillion. you can't put a precise long-term price target on something as volatile as crypto. in one week the price could move 30%.

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831993)



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Date: August 28th, 2020 9:33 PM
Author: Hateful Kitchen Preventive Strike

Next bubble peaks at 4-5 trillion but then crashes to a tiny pink 1 trillion, still a good 4x current mkt cap Cr

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40832010)



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Date: August 28th, 2020 9:34 PM
Author: Aphrodisiac Jewess Gas Station

and then the one after that? it'll be $50 trillion right?

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40832012)



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Date: August 28th, 2020 9:34 PM
Author: Hateful Kitchen Preventive Strike

Ofs

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40832015)



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Date: October 14th, 2023 3:57 PM
Author: Cerebral Potus

To be fair,

I like how this was viewed as "crazy" a few years ago.

Haha yeah, "trillions of dollars," I mean holy shit, that's unfathomable wealth -- money printers just don't just, like, print that sort of money, retard!

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#46935732)



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Date: September 14th, 2020 6:07 PM
Author: clear really tough guy messiness



(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40919502)



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Date: October 19th, 2020 12:49 AM
Author: 180 mauve trump supporter locale

180

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#41139899)



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Date: October 16th, 2021 11:53 PM
Author: gold supple knife

i think this holds up well

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#43284276)



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Date: October 17th, 2021 1:26 AM
Author: bonkers sadistic bawdyhouse associate

this poast made me resume crypto investment in Sep 2020.



(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#43284516)



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Date: October 17th, 2021 1:34 PM
Author: gold supple knife

180

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#43286136)



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Date: October 14th, 2023 3:55 PM
Author: gold supple knife

this was a 180 analysis

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#46935726)



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Date: August 28th, 2020 8:57 PM
Author: Aphrodisiac Jewess Gas Station



(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40831788)



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Date: August 28th, 2020 11:42 PM
Author: 180 mauve trump supporter locale

execunt, could you share us your portfolio breakdown?

I remember it was something like BTC, ETH, XTZ,

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40832593)



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Date: August 28th, 2020 11:43 PM
Author: Hateful Kitchen Preventive Strike

He also likes ftt a lot

(http://www.autoadmit.com/thread.php?thread_id=4613374&forum_id=2#40832596)