Question for Oldfags:

No, not in the same way. The only reason fags think 2021/22 is happening is because the last cycle was 4 years. We didn't have that (irrelevant) statistic back then.

There were different views about whether there'd be another crazy spike like 2013, same as now. Some permabears, some bulls.

Really no one legit know.

When it really kicked off in fall 2017, though, I think the Futures start date in December was seen as an obvious top for those in the know. The price it would hit before then, who was to say. 10k became certain at some point.

no

Can you actually imagine though? A world where a single Bitcoin is worth like 100 million dollars, no Fiat currency exists and then the fucking Cthulu wallets of Satoshi Nakamoto start to move and the entire economy crashes from the sheer insanity of that happening?

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I was looking at a 3k BTC thinking it was really expensive

Can't remember this from 2017, I really found out about this only this year.

I would die happy

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No, December was crazy, I got in at March 17 2017, all the year was steady gains and trades, then the dip from China “banning” cryptos in July or august, after that was again steady gains and then December came and it was fucking crazy how it got up, as of that behavior I got out at December 14 because I thought that was completely bubble, but no one ever talked of it reaching that fast 18k, in March btc was at 1.2k, so to answer you no one thought of it exploding too fast, but there were a lot of bets calling it even higher, the most famous is macaffe, and at that time I saw the videos of an old men, don’t remember his name, he spoke of btc doing something like toothed growth to 20k and the biggest distribution of wealth
Sorry for my grammar, English is not my first language

but think about the implications of that for a second, would there even be a crash? demand for BTC would be insatiable, there would be no more fiat currencies to run to. Stablecoins stop mattering. The scarcity equation is flipped, where fiat crashes into crypto not the other way around (your dollar is worth less Bitcoin every second). Also checked.

>The only reason fags think 2021/22 is happening is because the last cycle was 4 years. We didn't have that (irrelevant) statistic back then.
you're retarded. it's all based on the stock to flow of bitcoin, and the profitability of mining.
>editors note: if the person spouting their shitty opinion doesn't minimally understand stock to flow and bitcoin mining when talking about crypto, their opinion should be immediately discarded.

I think the entire world would just go insane. Imagine trillions of dollars, more than half the entire world economy suddenly being in free use of a single person. Governments would be powerless and the guy would have full power over the entire world.
Maybe that's Satoshi's endgame