Bitcoin hitting golds market cap circa 2031, estimated price ~$700k
Bitcoin hitting golds market cap circa 2031, estimated price ~$700k
buy my bag
no, not when there is a natural structural populatory deflation going on
Btc reaching current mcap of gold (around 20 trillion) during the 2032-2033 cycle sounds about right. The 2032 halving is also pretty noteworthy in the sense that the block reward will fall below 1 whole btc.
Of course because asteroid mining on the moon will drop the goldprice to ZERO! You go girl!
based on the growth rate from 0-5 we predict at year 10 this person will be 100 foot tall and weight 80,000 pounds
past performance is not a predictor of future performance. like at all.
40 tons at age 10
Of course you are correct, but your example is realistic, if the country of origin of this child is the Estados Unidos.
Correct, that’s why this prediction is not based on past performance but rather accelerational institutional adoption
would you define insititutional, you goddamn retard.
Just because your mom and pops shop buys into a scam doesnt give it any value. And yes black rock and the US gubermint are by trust in them lower than a mom and pop shop
so what they buy gives it negative value among 75% of 15 - 45 year olds
past performance is not a predictor of future performance. like at all.
I mean, it really is though. Performance is not randomly generated.
You see a thing that is obviously "digital gold" sitting right in front of you that has thundered through all major hurdles and crashes over 15 years and are still a bitchy little skeptic lol
You do understand that buttcorns are a trend pattern that dies as soon as people, new people enter it. Its a pyramid scheme that went out of fashion and the greater fools, boomer politicians are currently trying to milk the last retard - unborn children. Who is left after they "pumped your bags"? Nobody. This is V of V of a failed trend, a failed plan by idiots in 2009 for a communist currency reform that is never going to happen
Bitcoin ETFs
Blackrock BTC trust
Goldman Sachs, JPM Chase offering BTC trading desks and custody services
Fidelity launching no fee crypto trading for retirement accounts
European banks developing crypto custody services
smaller countries and major companies like Strategy, Oracle continuing to accumulate BTC
US strategic BTC reserve
rescinding by the US govt of BTC investment warnings for 401k plans
All major developments just since 2024
so? that's a few organizations your grand parents considered "important" - not a single "institution" among them.
When the faggots I dont trust pretend that something has value that objectively has no use case nor value, except interacting with people I dont trust, It has no value, and the people I dont trust are by definition no institutions
What would count as an institution in your extremely limited scope then? Do tell. I’m curious what it would take for you to finally concede the obvious.
At the current moment in time on a global scale, because lets be honest, that is what those megalomaniac fail organizations that are scared their 80 year old socialist pyramid scheme of externalizing risks onto somebody else through "democratic states" in the future is coming to an end aim for, God, thats about it, no other current entity nor organization exists that has even close to universal collective influence on its environment than God. And even that narratives influence is not universal, nor globally consistent
crapto is dead and the proof of the end of the "state" as a form of order
Lmao. What a useless non answer. Can’t believe you even bothered typing it up. Nocoin copers are truly at the end of the rope.
I still think its 1985 and the world will never change
You Boomers will not get it until its way too late, and its already too late - enjoy the anarchy of the new epsiteme. There is nothing like an institution if nobody can hear you over the noise of thousand niggers screeching
I give this cycle 2 or 3 more months before we enter another bear market and bitcoin maxis learn why people don't consider their coin to be 'digital gold'
with no change in rates and depending on how Biden 2.0 Inflation increase bill will turn out, maybe even hikes in July. Awfully optimistic for this V of V of some GenX scam everyone under 35 cringes at
HODLing Bitcoin maxis who’ve been in longer than a couple of years easily mog your entire portfolio and will continue to do so in greater numbers as time passes you by, simple as
Not really, we still have a hype phase over the new regulations being passed by Congress (in particular speculation about the stablecoin market growing to trillions). It is highly doubtful the Fed will hike rakes next FOMC, but chances are they won't lower them.
The S&P will outperform Bitcoin over the next 50 years, cry about it lol.
50
Kek notice you weren't brave enough to say 10 or 20.
hype phase
no hype. Hype implies anybody observing. Nobody gives two shits about crapto. Trend failed in '22 with that artificial as fuck pushed jew. The artificial attempt at hype by some boomer organization is cringe by default, confirming the trend as dead and failed.
This is the equivalent of some Greatest Generation mom and pops shop in the mid 90s buying beanie babies after the trend and ending up burning them at a loss, only that boomers bought i on post Gen-Alphas tab.
Rate hikes
certainly no cuts until Q3 26 - more likely hikes with the amount of inflation Trumps treasury is creating. Yellen was bad, but whoever Trumps treasury failure is, is worse
Dont you have a sub leddit to post your cope?
Tell me greatest fool of a dead pyramid scheme, where do you congregate these days to tell each other to buy the dip?
This shit hole is dead, plebbit is dead, shitter is dead, the tgs are only bots, the discords are dead.... the trend died. Top down doesnt work
Crapto is over and that since 2022
BTC can outperform the S&P over the next 20 years, but eventually its bad design (the security budget issue) will catch up to it and it'll implode. It'll take at least a couple decades until that issue is exploitable, so it doesn't matter in the short term.
Long term, Equities will overperform BTC and chances are if crypto even remains by then BTC will no longer be king.
I get the impression that half the reason the Trump admin is pro crypto is bc stablecoin issuers shore up the dollar system by buying treasuries
cointelegraph.com
Btc has become so boring.
Not even a 2x from its last ath 4 years ago... Might as well buy Berkshire stocks.
Same roi by now without the ponzi.
BTC can outperform the S&P over the next 20 years
It will do so massively. Maybe once it stabilizes ~$10m and just starts tracking with inflation our grandkids can consider getting back into stocks, until then nocoiners will be cryin in the rain
I BUY THESE BEANIE BABIES FOR MY GRAND CHILDREN
ON THEIR TAB
THEY PAY THE INTERESTS
PROMISED
socialists
ponzi
btc has no yield, monkey
true, its by default a pyramid scheme, in a deflationary environment - what could go wrong. Right, no exponential increase in greater fools possible
Some of us make good incomes and get excited about 30-60% returns, kiddie
No saar please! I must keep gambling the rupee Saar! I must hit 1000x to make the 20 USD Saar please!!
1 BTC is 1 BTC, it is not any scheme whatsoever.
Now trading BTC for USD on the other hand is a speculative market and can be construed into being a ponzi scheme, but the same holds true for Gold.
And 1 buttcorn is essentially worthless outside being uncovered collateral of second degree of another uncovered pyramid scheme, stable coins which are just uncovered public boomer debt WHEN the boomer is now in a risk to profit world deflationary - the boomer is onl going to cost, no more risk can be parked on his head, is now a liability and there is not enough new collateral on two legs to cover the boomer liability bulge.
And what happens to collateral in such an environment where implied risks go exponential with every boomer dying or going into retirement, it deflates
fiat-backed stablecoins if they aren't fraudulent are literally riskless, they always have $1 for every 1 coin they print. Are you stupid?
no they are not riskless, they carry practically infinite risk, same as the collateral for that crap, buttcorn and real estate. There aren't going to magically appear more people out of nowhere that can cover the the uncovered boomer debt from the past 40 years
I'll describe it to you since you seem financially illiterate. First of all, ignore the term stablecoin and let us refer to them as what they actually are, narrow banks.
Narrow banks work by this simple principle
You give Bank X $1000
Bank X buys $1000 worth of Treasuries
Bank X gives you 1000 Bank X Notes (read stablecoins)
at a later point in time, you give Bank X 1000 Bank X Notes
Bank X sells or borrows against the $1000 worth of Treasuries backing those notes (such as through a repurchase agreement)
Bank X gives you $1000
At any point in time, Bank X has at least 100% reserves for all Bank X Notes they print in liquid assets such as Treasuries. This is Narrow Banking, which is different than Fractional Reserve Banking where the bank leverages their bank notes against their collateral, running at <100% reserve (what most banks do since it prints money, but carries the risk of a bank run). Unless Bank X is *lying*, Bank X always have enough collateral to cover for their obligations and is never really in any risk, and thus those who give them money also carry little risk.
*what most banks do since it makes more money
reserve requirements for private banks have been 0% for 6 years
That has very little to do with the bank's business requirements (which can be very different from their regulatory requirements), and the GENIUS Act about to be passed requires stablecoin issuers like Circle and Tether to have 100% reserves annually audited.
its no about the current fantasy valuation of collateral asset like real estate mortgages, 401ks and other shit that is basically just derivatives of private banks and the treasury in tandem fucking 400 years of civilization trying to "print" themselves out of a natural structural deflation
It doesnt change the underlying problem. Structural deflationary environment with collateral values that are going to be worth less overall because of a decline on demand. I know a marxist believes demand is a flat constant, but thats why marxism is considered a religion, not even an ideology
I wonder if all this cope will make you feel any better when Bitcoin maxis continue to BTFO your portfolio for the next 2 decades
they wont. Default is a given. Default under the current parameters is state failure, not some idealistic romantic currency reform on the most useless database ever created by humans
It will be $3k in November
no you didn’t just turn $10k into $70k in 5 years!!! It’s definitely not going to continue on like this just trust me!!
Lotta FUDing for an unpaid chud!
All these big boys buying and the price is going down
We have now 2 study cases what happens when a territory that run on fiat, private bank more or less money creation when natural deflation hits. Japan and China. he former has been dying a slow dead for 30 years with no change whatsoever and it looks like its finally dying with rates going moon on its debt. China due to socialist bio politics (drown your girl babies) has also entered natural deflation and its attempt to print itself out by 4xing its monetary base from 22-25 didnt help. but pumped some foreign equity bubbles.
Europe and the US are next. There is no printing out of deflation
certainly no cuts until Q3 26
Oh boy.
It will be $3k in November
maybe closer to 20k
But who will be buying all the stablecoins with dollarinos?
No, serious question.
"Trillions in stablecoins" would mean trillions of real units of USD being spent on stablecoins...
Who's got that amounts of USD to spend on something resembling an USD if not the Fed?