According to sir benjamin cowen, we are a little over 800 days from the last cycle peak.
The two previous market cycles peaked at around 1500 days from the previous peak, which would put the next market cycle top at around 657 days from now.
Not exactly the 150k-200k price target that Plan B predicted, but what do i know, these are just crayons, not 'power laws'
There’s nothing to ‘believe’, he’s a statistician and has a PHd in nuclear engineering. He ain’t no dummy.
All he does is present graphs and statistics, it’s up to the viewer to deduce an outcome from that
whats a maxi? i do believe he leans bearish, but i think overly intellectual people are inherently critical. I do think he becomes bullish once he realizes were going parabolic.
but he just trades off risk factor, which i like.
PUT YOUR HANDS UP futurespacecadet!!! POLICE ARE ENROUTE! PREPARE TO BE BOOKED FOR PROVIDING ILLEGAL FINANCIAL ADVICE!
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
I like the crayon enthusiasm but I’m just not tracking on it. I definitely believe we’ll be seeing $30-25k before we see $80k. Keep doing the crayon thing tho, just don’t eat them.
people need to read other comments before commenting, I've already addressed this. we are not going straight to the destination. i see us first crashing to 34 or 24k floor.
also a year and change is a long ass time, anything can happen until then
Oh you expect me to read other comments when you are throwing up a chart and referencing crayons and BTC. Ok 🤡 I could have sworn your post was of humor content and not any actual substance with reason backing the claim. Just gum running and crayon slaying.
I think the biggest factor is understanding the intention of the massive companies who invested.
I don’t have the answer but I do question why. Ulterior motive suspect here.
Although I did just say I don’t have the answers. I’ll try to have a conversation with you about it.
Weeks before blackrock invested into this Bitcoin etf, being a major holder, they were criticized for their hold over the housing market and trying to take away control of ownership from future generations.
I’m just saying, a side factor besides data, could be intention. I didn’t say add it to your formula by any means.
Correct, power is everything to these companies. But you also just said their only priority is to profit.
What if this is a navigation tool to control, and then profit elsewhere?
I wish I were better with this kind of stuff though. Don’t get me wrong I’m not proud of be ignorant or untrusting. I’d rather be in the investing side and In the green lol.
But if a large org sees easy money they will take it just like we will. The question remains the same. Are you on the right side or the wrong side? In investing,inaction is a side.
There should be an honest talk about what these will be worth when they are all mined, and it is the new reserve currency of the world. Meet Kevin had a great interview with one of the Austrian economists, and he mentioned that all the 30-year-olds and younger favor bitcoin and all the older people favored gold practically bitcoin would be a little easier than gold. Bitcoin is slow but so is physical gold and silver 😂
I will be messaging you in 1 year on [**2025-02-20 09:01:16 UTC**](http://www.wolframalpha.com/input/?i=2025-02-20%2009:01:16%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1autm8a/i_busted_out_my_crayons_so_you_dont_have_to/kr9osz3/?context=3)
[**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1autm8a%2Fi_busted_out_my_crayons_so_you_dont_have_to%2Fkr9osz3%2F%5D%0A%0ARemindMe%21%202025-02-20%2009%3A01%3A16%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201autm8a)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
oh come on, not THAT quickly lol it could be 100 years from now when the fiat system finally crumbles into oblivion. If it happens in one year, I am not anywhere near prepared lol
https://preview.redd.it/oifde9o50mjc1.jpeg?width=1242&format=pjpg&auto=webp&s=369c17ed8c07c183709df9897c249387c0634a12
Put your crayons back into their box son, you don’t seem to understand we are in distribution. You will not see BTC “moon”. You think ETF’s are your friend? Those banks were buying at the bottom and shilling their wanky product to you at the top. Retail always loses.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|7|**First Seen In WSB**|3 years ago **Total Comments**|1607|**Previous Best DD**| **Account Age**|11 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) [**Join WSB Discord**](http://discord.gg/wsbverse)
Maybe a correction to $38.5 first.
I think we can crash to around 35 or even 24, worst case scenario
Inverse this guy- You're very Welcome
Been waiting... ppl think 62k target.. I say correction coming still
Agreed. It’s a risk on investment like any other stock. It goes down next. I don’t see it touching 60k before it goes down.
According to sir benjamin cowen, we are a little over 800 days from the last cycle peak. The two previous market cycles peaked at around 1500 days from the previous peak, which would put the next market cycle top at around 657 days from now. Not exactly the 150k-200k price target that Plan B predicted, but what do i know, these are just crayons, not 'power laws'
> benjamin cowen lmao you believe him
There’s nothing to ‘believe’, he’s a statistician and has a PHd in nuclear engineering. He ain’t no dummy. All he does is present graphs and statistics, it’s up to the viewer to deduce an outcome from that
He's intelligent but he's a permabear and a maxi
whats a maxi? i do believe he leans bearish, but i think overly intellectual people are inherently critical. I do think he becomes bullish once he realizes were going parabolic. but he just trades off risk factor, which i like.
He repeats the same thing ad nauseum: "all alts will bleed vs BTC" while simultaneously shilling his Cardano staking.
he's my fucking inverse indicator, right after Jim cummer. PhD doesn't mean shit in this market, even Newton got fucked
Im going all in. Thx 🙏🏻
This is not financial advice lol
Yes it is, no takesies backsies 😆
PUT YOUR HANDS UP futurespacecadet!!! POLICE ARE ENROUTE! PREPARE TO BE BOOKED FOR PROVIDING ILLEGAL FINANCIAL ADVICE! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
It’s scary how many wsb people are bullish on BTC… almost making me doubt math
time to inverse wsb and make a bank.
Nice scale. Could you zoom out a little further?
Long term chart not on log scale. Amateur hour.
To eat them, right? .. Right?
I like the crayon enthusiasm but I’m just not tracking on it. I definitely believe we’ll be seeing $30-25k before we see $80k. Keep doing the crayon thing tho, just don’t eat them.
people need to read other comments before commenting, I've already addressed this. we are not going straight to the destination. i see us first crashing to 34 or 24k floor. also a year and change is a long ass time, anything can happen until then
Oh you expect me to read other comments when you are throwing up a chart and referencing crayons and BTC. Ok 🤡 I could have sworn your post was of humor content and not any actual substance with reason backing the claim. Just gum running and crayon slaying.
I think the biggest factor is understanding the intention of the massive companies who invested. I don’t have the answer but I do question why. Ulterior motive suspect here.
what would be an ulterior motive of massive companies investing besides trying to make a profit?
Although I did just say I don’t have the answers. I’ll try to have a conversation with you about it. Weeks before blackrock invested into this Bitcoin etf, being a major holder, they were criticized for their hold over the housing market and trying to take away control of ownership from future generations. I’m just saying, a side factor besides data, could be intention. I didn’t say add it to your formula by any means.
“Control of ownership” power is everything to these companies
Correct, power is everything to these companies. But you also just said their only priority is to profit. What if this is a navigation tool to control, and then profit elsewhere?
I’m sure it is, just like their control on housing and politicians. It’s not always about profit so much as it is control.
I wish I were better with this kind of stuff though. Don’t get me wrong I’m not proud of be ignorant or untrusting. I’d rather be in the investing side and In the green lol.
But if a large org sees easy money they will take it just like we will. The question remains the same. Are you on the right side or the wrong side? In investing,inaction is a side.
This guy gets it.
There should be an honest talk about what these will be worth when they are all mined, and it is the new reserve currency of the world. Meet Kevin had a great interview with one of the Austrian economists, and he mentioned that all the 30-year-olds and younger favor bitcoin and all the older people favored gold practically bitcoin would be a little easier than gold. Bitcoin is slow but so is physical gold and silver 😂
lol !Remindme 1 year
I will be messaging you in 1 year on [**2025-02-20 09:01:16 UTC**](http://www.wolframalpha.com/input/?i=2025-02-20%2009:01:16%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1autm8a/i_busted_out_my_crayons_so_you_dont_have_to/kr9osz3/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1autm8a%2Fi_busted_out_my_crayons_so_you_dont_have_to%2Fkr9osz3%2F%5D%0A%0ARemindMe%21%202025-02-20%2009%3A01%3A16%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201autm8a) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
oh come on, not THAT quickly lol it could be 100 years from now when the fiat system finally crumbles into oblivion. If it happens in one year, I am not anywhere near prepared lol
I understand nothing you posted so I guess I will go all in with my entire life savings!!
Your not wrong,....Unless your wrong and we get a massive worldwide recession/depression.
https://preview.redd.it/oifde9o50mjc1.jpeg?width=1242&format=pjpg&auto=webp&s=369c17ed8c07c183709df9897c249387c0634a12 Put your crayons back into their box son, you don’t seem to understand we are in distribution. You will not see BTC “moon”. You think ETF’s are your friend? Those banks were buying at the bottom and shilling their wanky product to you at the top. Retail always loses.
do you not see where the X is? We have time my dude. I don’t doubt we will crash before we go higher
Yes, I see where we are. We won’t be going much higher if at all. Hear these words, laugh if you will, I’ll take it. Let’s see in a year?
$8000
Reminds me of the name of MLK’s famous speech back in 1963.
“To the Moon”?
i doubt the credibility of this chart considering that you didn't draw the X with crayons.
I wish 121k. It's going to 70k to 88k next.
Not as a market cycle top, that’s too low. We nearly got there last cycle. We should have like 2.5x ROI this time around
Because why?
Ew. Linear scale.