Bitcoin increases by a factor of 10 every 2 years?

in #bitcoin5 years ago (edited)

According to this little tidbit from a time traveler that is exactly the case.

I have not yet pulled up the charts to verify...

But according to him, bitcoin first increased by 10X ever year. Then the pace slowed.

Now, we increase at a rate of 10X every 2 years.

Which would mean that after $10k in 2017, we are due to hit $100k before the end of 2019!

(Source: https://twitter.com/crypto_rand/status/1133299180041056256)

So far his math has worked out (according to him).

We have 6 months left to judge if he is right this time.

I am betting not.

We shall see!

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Just hoping this actually plays out!

dude did we miss the dip to get back in?

There will always be dips! 30% dips are the norm during these bull markets.

Possibly. But there will be a dip at some point.

Hope you are correct Sir 🧐

Hopefully the time traveler is!

Would have been an easier sell if he had said he was from the year 2050.

He did call the $10k by 2017 5 years ago... not bad. Things looked a lot different back then.

So many people making calls, someone's occasionally going to hit a few numbers. I just meant it's easier to suspend disbelief a littler farther in the future. We could be exploring space and found a wormhole by then!

Haha true. And quantum computing could change bitcoin mining forever.

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