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RE: The fractal relationship between bitcoin’s first two bubbles and what they might tell us about a third

in #bitcoin7 years ago (edited)

Here I have extrapolated the trendline to 1 million. But maybe it is a little bit too flat because 2042 will be a little bit late for the 1 million dollar.

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I honestly think we'll hit 1 million much sooner than 2042. I think we will see that number at the peak of one of the next bubbles, sometime in the 2020s, but as a stable fair value, probably will take a while longer.

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