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Kurifodo
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 Posted: Fri May 22, 2020 6:18 am Post subject: CLIFFORD'S PREDICTION: 1 BITCOIN = $50,000 IN 2021 |
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Remember how precise I was with predicting the end of the bull run and where the price would settle after the last halving? Well, here is my next prediction using the same model as last time.
Bitcoin price will hit 50k (give or take 10%).
The current market has been in this model since fall of 2017, and we are about to break this trend very soon. When the trend is broken, macro bull market will pump to 100k.
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To0k
How do I cheat?
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| Posted: Fri May 22, 2020 8:48 am Post subject: |
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| Your predictions are always off. Atleast now we know BC will never reach 50k
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HotHeap
!BEWARE! Deletes post on answer
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| Posted: Fri May 22, 2020 7:06 pm Post subject: |
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| I predict btc going to 1k and lower once countries start banning it
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Kurifodo
I post too much
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| Posted: Mon May 25, 2020 9:08 am Post subject: |
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This bull run will be different than all other bitcoin bull markets because the buyers are institutions and high net worth individuals. Coronavirus has only accelerated the digitalization of our culture and our economy. If the federal reserve is making their own crypto currency pegged to USD, it's only natural if you have a digital gold counterpart and bitcoin is serving as that vehicle.
Bitcoin is very scarce right now, largely thanks to groups like Greyscale buying up all the supply. This trend will only continue and it will fuel bitcoin's rise in price as high networth investors fomo in. It's hard to call the top, but I think a $50,000 bitcoin is actually a CONSERVATIVE number, with possibilities of $100,000-$400,000 by December 2021.
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Kurifodo
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| Posted: Tue Nov 17, 2020 4:24 am Post subject: |
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Csimbi
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| Posted: Tue Nov 17, 2020 5:00 am Post subject: |
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| I think it will 5000 (going down).
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Kurifodo
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| Posted: Tue Nov 17, 2020 5:14 am Post subject: |
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| Csimbi wrote: | | I think it will 5000 (going down). |
I can predict with 100% certainty that bitcoin will never trade at $5000 again.
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Kurifodo
I post too much
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| Posted: Wed Jan 06, 2021 2:13 am Post subject: |
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| Clifford wrote: | This bull run will be different than all other bitcoin bull markets because the buyers are institutions and high net worth individuals. Coronavirus has only accelerated the digitalization of our culture and our economy. If the federal reserve is making their own crypto currency pegged to USD, it's only natural if you have a digital gold counterpart and bitcoin is serving as that vehicle.
Bitcoin is very scarce right now, largely thanks to groups like Greyscale buying up all the supply. This trend will only continue and it will fuel bitcoin's rise in price as high networth investors fomo in. It's hard to call the top, but I think a $50,000 bitcoin is actually a CONSERVATIVE number, with possibilities of $100,000-$400,000 by December 2021. |
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zyndr0m
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Location: Japan!
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| Posted: Wed Jan 06, 2021 2:57 am Post subject: |
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| CEF RS made me rich.
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HitIer
How do I cheat?
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| Posted: Wed Jan 06, 2021 6:10 pm Post subject: |
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| Csimbi wrote: | | I think it will 5000 (going down). |
bullshit
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With self driving cars, CE can work in real life
| t328163 wrote: | | Your username derives from the fact that this site cannot format special characters lol. |
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lmfao, on reddit i'd get banned |
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br0l0ck
Cheater
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| Posted: Thu Jan 07, 2021 4:22 pm Post subject: |
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| it will fall back down to 10k within 3-6 months, closer to 3 than 6.
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Kurifodo
I post too much
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| Posted: Mon Feb 08, 2021 8:01 am Post subject: |
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| Clifford wrote: | This bull run will be different than all other bitcoin bull markets because the buyers are institutions and high net worth individuals. Coronavirus has only accelerated the digitalization of our culture and our economy. If the federal reserve is making their own crypto currency pegged to USD, it's only natural if you have a digital gold counterpart and bitcoin is serving as that vehicle.
Bitcoin is very scarce right now, largely thanks to groups like Greyscale buying up all the supply. This trend will only continue and it will fuel bitcoin's rise in price as high networth investors fomo in. It's hard to call the top, but I think a $50,000 bitcoin is actually a CONSERVATIVE number, with possibilities of $100,000-$400,000 by December 2021. |
Bitcoin surges above $44,000 to record after Elon Musk’s Tesla buys $1.5 billion worth
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HackOtaku
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| Posted: Mon Feb 08, 2021 12:29 pm Post subject: |
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| Clifford wrote: | | Clifford wrote: | This bull run will be different than all other bitcoin bull markets because the buyers are institutions and high net worth individuals. Coronavirus has only accelerated the digitalization of our culture and our economy. If the federal reserve is making their own crypto currency pegged to USD, it's only natural if you have a digital gold counterpart and bitcoin is serving as that vehicle.
Bitcoin is very scarce right now, largely thanks to groups like Greyscale buying up all the supply. This trend will only continue and it will fuel bitcoin's rise in price as high networth investors fomo in. It's hard to call the top, but I think a $50,000 bitcoin is actually a CONSERVATIVE number, with possibilities of $100,000-$400,000 by December 2021. |
Bitcoin surges above $44,000 to record after Elon Musk’s Tesla buys $1.5 billion worth |
You have any opinions on MicroStrategy?
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Kurifodo
I post too much
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| Posted: Mon Feb 08, 2021 1:56 pm Post subject: |
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| HackOtaku wrote: | | Clifford wrote: | | Clifford wrote: | This bull run will be different than all other bitcoin bull markets because the buyers are institutions and high net worth individuals. Coronavirus has only accelerated the digitalization of our culture and our economy. If the federal reserve is making their own crypto currency pegged to USD, it's only natural if you have a digital gold counterpart and bitcoin is serving as that vehicle.
Bitcoin is very scarce right now, largely thanks to groups like Greyscale buying up all the supply. This trend will only continue and it will fuel bitcoin's rise in price as high networth investors fomo in. It's hard to call the top, but I think a $50,000 bitcoin is actually a CONSERVATIVE number, with possibilities of $100,000-$400,000 by December 2021. |
Bitcoin surges above $44,000 to record after Elon Musk’s Tesla buys $1.5 billion worth |
You have any opinions on MicroStrategy? |
Short answer: strong buy if you are bullish on bitcoin, intrinsic value will mirror bitcoin and it's only trading 4x its balance sheet (which is a fair valuation imo)
Longer answer: Let's pretend MSTR is valued 100% off it's balance sheet (because it basically is): To calculate the the balance sheet, tally all the assets they own (70,000 BTC) subtract the debt (600 million) = 2,500,000,000 USD. MSTR has a marketcap of 8 billion, their balance sheet is worth 25% of the marketcap of the company. It's trading 4 multiples above it's balance sheet, which isn't that bad imo. The market is always pricing in the future, and that's why it's normal for a company with a bright future to trade many times higher than it's intrinsic value.
They are also a somewhat stagnant software company, with good cash flow who spent 25% of their revenue last year buying back their own stock (which makes the price go up).
source used: https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/events-presentations/Q4-2020-MicroStrategy-Earnings-Presentation.pdf
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HackOtaku
I posted the 500000th topic
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| Posted: Mon Feb 08, 2021 3:08 pm Post subject: |
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| Clifford wrote: | | HackOtaku wrote: | | Clifford wrote: | | Clifford wrote: | This bull run will be different than all other bitcoin bull markets because the buyers are institutions and high net worth individuals. Coronavirus has only accelerated the digitalization of our culture and our economy. If the federal reserve is making their own crypto currency pegged to USD, it's only natural if you have a digital gold counterpart and bitcoin is serving as that vehicle.
Bitcoin is very scarce right now, largely thanks to groups like Greyscale buying up all the supply. This trend will only continue and it will fuel bitcoin's rise in price as high networth investors fomo in. It's hard to call the top, but I think a $50,000 bitcoin is actually a CONSERVATIVE number, with possibilities of $100,000-$400,000 by December 2021. |
Bitcoin surges above $44,000 to record after Elon Musk’s Tesla buys $1.5 billion worth |
You have any opinions on MicroStrategy? |
Short answer: strong buy if you are bullish on bitcoin, intrinsic value will mirror bitcoin and it's only trading 4x its balance sheet (which is a fair valuation imo)
Longer answer: Let's pretend MSTR is valued 100% off it's balance sheet (because it basically is): To calculate the the balance sheet, tally all the assets they own (70,000 BTC) subtract the debt (600 million) = 2,500,000,000 USD. MSTR has a marketcap of 8 billion, their balance sheet is worth 25% of the marketcap of the company. It's trading 4 multiples above it's balance sheet, which isn't that bad imo. The market is always pricing in the future, and that's why it's normal for a company with a bright future to trade many times higher than it's intrinsic value.
They are also a somewhat stagnant software company, with good cash flow who spent 25% of their revenue last year buying back their own stock (which makes the price go up).
source used: https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/events-presentations/Q4-2020-MicroStrategy-Earnings-Presentation.pdf |
I bought $400 worth when I asked and made $30 in that time. Still a poorfag so I cant invest big but I'm feeling more confident about long term prospects of cryptos.
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