If I had to guess, I'd say probably 90% of us are at least satoshi millionaires.
That's big, trust me.
Just wait 2 more cycles.
You'll see.
Discussion
Okay❗️🤙
far away from that
Far away from two cycles?
Or far away from having 1 million sats?
Agree. That's what they mean when they say Bitcoin is deflationary.
it is a long way for a new runner, but i try my best!
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I think the expectations are highly above the reality as each halving reduces inflation by a smaller and smaller amount which will approach being irrelevant sooner rather than later. The only upside will be from adoption. Look at it this way, after the first halving 50%of bitcoin was already mined, ans just another 25% was going be mined during the second halving. Then third only produxed 12.5% and currently the 6.25 % at the end. So each time the multiplier will also be dived by 2. If it was let's say 1000% first cycle, second maybe 500 % third 250% and next 125% and so on. So maybe don't expect it to go over 69k (top) x225% =155k
Next cycle maybe just 155k x (1+1.25/2)= 252k at the end of the 2028 cycle which ends around 2032
Markets are irrational...
If global inflation keeps rising, and by design it does, the price denominated in monopoly cash, aka us dollars, can go up forever.
However bitcoin is not a get rich quick tool, so if we all become milionaire in dollars we probably just maintained our current purchasing power.
💯🫡🫂💜
A dream that’s far far from reality for me.
That’s a joke right?
Why would I joke?
Because to be a Satoshi millionaire it’s only .01 BTC I’m living off disability currently and I still manage to buy 1 million satoshi’s every few months.
For me it’s different
When you go to buy it’s either
1. Sorry not available in your region
2. Banks block card transactions
3. Banks lock your credit card
And the list goes on and on
Finding someone who does it charges a high fee.