Global Feed Post Login
Replying to Avatar griffin goldsmith

#btc  #bitcoin  chart post from earlier.

Do you think we could hit:

4-year 100% Compound Annual Growth Rate (CAGR), we can use the formula:

Final Amount = Initial Amount * (1 + Growth Rate)^Number of Years

In this case, the initial amount is $100,000 USD and the growth rate is 100% (expressed as 1.00). The number of years is 4.

Final Amount = $100,000 * (1 + 1.00)^4

Final Amount = $100,000 * 2^4

Final Amount = $100,000 * 16

Final Amount = $1,600,000 USD

100% CAGR with all the tailwinds ahead of us for the next 4 years, ETF, FASB, Halving, adoption growth. etc… it’s possible

What do you guys think? To high?

Avatar
pistachio3 2y ago

Cathie wood agrees!

Reply to this note

Please Login to reply.

Discussion

No replies yet.