BEHOLD - Future bitcoin prices in fiat revealed!!! Since abou | r/Bitcoin

BEHOLD - Future bitcoin prices in fiat revealed!!!

Since about 90% of the posts here relate to bitcoin's least interesting attribute (ie: fiat price), I thought I'd provide some highly valuable technical analysis that I've compiled after years of in-depth research.

My method involves a complex open source system that analyzes supply and demand for the world's first and only truly scarce digital asset. It takes into account all possible black swan events, government bans, alt coins, hard forks, media FUD, etc.

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Bitcoin fiat price and fiat value over time

Visualizations are made via MS paint. Fiat/bitcoin is represented by the orange line and the left axis, while fiat value (ie: purchasing power) is represented on the right axis and via the green line.

Since lines can be confusing, I will point out a few key takeaways.

First, you'll note that bitcoin's fiat value varies greatly over the short term, but appears to only increase over the long term. The signal here is undeniable but unfortunately, the AI model I used wasn't able to provide units for the time axis. Sadly, the best guidance also appears to be the hardest, namely to just buy and hold. Conversely, your odds of getting fiat rich quickly appear to be minimized the shorter your time horizon is.

Second, we see that fiat value itself is less variable but trending toward zero over time. Those looking to get fiat rich may wish to revisit this strategy as their purchasing power seems to only be eroding over time.

A common question I see is whether now is a good time to buy bitcoin. This is a tough one based on the training data set. Since there is a 100% chance that bitcoin will gain in value over the long term and a 100% chance that fiat value is going to zero, it is really important to do your own research on this topic. If you decide that bitcoin isn't right for you, you may be looking to get fiat rich quickly, and in that case, you should probably not buy bitcoin. A post-hoc analysis also revealed a significant inverse relationship between looking to get fiat rich quickly and intelligence, but that will be explored in more depth in posts to follow.

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