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Miss Hong Kong Explains ‘Bitcoin Time Traveller’ On Largest TV Channel

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The winner of the Miss Hong Kong 2015 pageant has appeared on the territory’s hottest TV channel explaining the ‘Bitcoin Time Traveler’ idea.

Explaining The ‘Bitcoin Time-Traveler’ Concept

The speculation stems from a Reddit put up made in 2013, by a consumer named Luke Magnotta. In it, he claimed to be a time traveler from the 12 months 2025 and gave an in depth description of how Bitcoin had created a political dystopia.

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A part of the put up detailed the rise in bitcoin value up till 2013, and the way it will proceed to rise sooner or later. Basically it acknowledged that the approximate tenfold will increase every year would decelerate to happen each two years. So the sequence of $0.1 – 2010, $1 – 2011, $10 – 2012, $100 – 2013, would proceed as follows:

$1000 in 2015, $10,000 in 2017, $100,000 in 2019, and $1 million in 2021.

However That’s Simply One other Loopy Conspiracy Concept

Nicely, that’s what most imagine, and that was definitely the theme of (no less than) that section of the present. Of of the opposite panelists defined the Avril Lavigne conspiracy idea; that she didn’t simply sell-out her skate-punk roots, however as a substitute died in 2003, and was changed by a extra pop-friendly double.

Nevertheless it has not too long ago gained media consideration once more, with sure teams suggesting that the prediction is coming true.

I imply, it demonstrably isn’t true, as bitcoin value crossed the $100 mark and hit $1000 in 2013, just some months after the put up was made. However bear with me…

In very basic phrases, when you squint your eyes a bit, and simply look at it momentarily.

Ignoring apparent bubbles, bitcoin securely handed the $1000 hurdle on 2nd January 2016. That’s very nearly 2015. And bitcoin definitely crossed the $10,000 mark in 2017… if we contemplate 2018 to be an over-correction and $10ok to be an inherent worth.

So, $100ok Worth Goal For 2019?

Critics of the ‘Bitcoin Time Traveler’ idea level out that, if a time traveler had precise data, would he not give actual costs moderately than a tough schematic of good points.

Which is a good sufficient level.

Nevertheless, potential self-cannibalist, John McAfee, sees it as some type of vilification. In a latest tweet, he drew consideration to the story, noting that 2021 is simply someday away from his predicted $1 million bitcoin date of 31st December 2020.

Thoughts you, in 2021 the greenback apparently isn’t used any extra, so possibly it’s a moot level?

So, might Luke Magnotta be an actual time-traveler? Is he actually right here to avoid wasting us from a future they intend to nuke (as the unique put up goes on to say)?

Or is that this just a few early FUD, probably created by a forward-looking central financial institution already operating scared?

I assume we simply wait and see.

What do you concentrate on the Bitcoin time traveler idea? Add your ideas under!

Pictures through Shutterstock

The put up Miss Hong Kong Explains ‘Bitcoin Time Traveller’ On Largest TV Channel appeared first on Bitcoinist.com.

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