redlion on Nostr: Dr. Jeff don’t you think since we only really have 2 cycles -2017 and 2021 where a ...
Dr. Jeff (npub1k7v…c04l) don’t you think since we only really have 2 cycles -2017 and 2021 where a decent percentage of people knew about bitcoin that 2021 cycle is just as likely to be the norm and 2017?
Also as an asset grows larger and larger wouldn’t there be smaller returns? We had only a 3x from peak to peak from 2017-2021. Trying to wrap my head around 475k. Want it to be true but I expect with wars, and things getting more chaotic that there will always be someone to blame for bitcoin not reaching the price point we think. Was burned by the 100k fever in 2021 so that doesn’t help.
Also as an asset grows larger and larger wouldn’t there be smaller returns? We had only a 3x from peak to peak from 2017-2021. Trying to wrap my head around 475k. Want it to be true but I expect with wars, and things getting more chaotic that there will always be someone to blame for bitcoin not reaching the price point we think. Was burned by the 100k fever in 2021 so that doesn’t help.