Madara is Madara's transmigrant and no longer Indras.

[Peoples Champ]

That means once Madara died if he were to be reincarnated again it won't be as Indra's transmigrant but as Madara's transmigrant. He basically recreated himself by infusing his body with Ashura's cells and resembles the So6P now.

Spoiler

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He is out of the cycle of Indra's reincarnation and now belongs to a new cycle of Madaras transmigrant. And they will reborn until one of them dominates the world with fear and power.

 

[The Necromancer]

Or... you know... not.

 

[Umari Senju]

I see where you are going with this.

He almost reached the level of Kaguya which means he is at least at the level of Hagoromo at that time. Since these otsutsuki don't seem to die completely, and since Indra chakra has moved on to Sasuke, then I can see what you are getting at. most likely never gonna happen but nice theory.

 

[Solidus Solidus Solidus]

Still better than Tobidara theory.

 

[Angelic.]

himawari is his transmigrant

 

[KesOnFire]

Lost it when Sasuke got it.

 

[SenseiSama]

It's Indra's chakra converted into Hagoromo's, it's not Madara's chakra. Think of it like milk and cocoa powder, it's not milk anymore but the hot chocolate still has milk as it's base. And transmigrants keep their chakra after death.

 

[Peoples Champ]

It's Indra's chakra converted into Hagoromo's, it's not Madara's chakra. Think of it like milk and cocoa powder, it's not milk anymore but the hot chocolate still has milk as it's base. And transmigrants keep their chakra after death.

It's like Hagoromo is not Indra and not Ashura. Madara and Indra used to be the same entity but now he is something else: something by himself. A new soul a new being.

 

[Mad Titan Thanos]

Still better than Tobidara theory.

No Tobidara theories and Itachi wank threads are best threads in NB.

 

[Solidus Solidus Solidus]

No Tobidara theories and Itachi wank threads are best threads in NB.

Itachi > Tobidara.

 

[Reboryushon]

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[KesOnFire]

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Nice gif man

 

[Deviation]

Too bad we will never know as the manga has ended. Any we say is merely speculation.

 

[Peoples Champ]

Too bad we will never know as the manga has ended. Any we say is merely speculation.

Do you feel sorry for someone ?? Why do you say too bad. We're not here to start a new manga but to speculate as you say.

 

[chuloe]

Madara is no longer alive