In 8 years the block reward is going to be sub 1 bitcoin… but you’re bearish lol

Reply to this note

Please Login to reply.

Discussion

They will just have to get #bitcoin at the price they deserve for not doing the work today 🤷🏼‍♂️

But less than 1 btc, that means less yield! Bearish cash flow forecast.

-Fiat maxi probably

Sub 1 BTC enough to pay for 10 minutes of the global Bitcoin mining.

Let that sink in.

☝️

Watch the hashrate, it's the real signa-carrier in the price discovery noise. It's immune to, drastic, sharp, or prolonged bearish hashrates. Always UP. 📈

Consider the future .781BTC block reward. That .781 reward will cover the input block power cost with EASE. So exactly 2 epochs from now, take a wild guess how much BTC will be worth. All while hitting ever higher hashrate ATHs. Piled on top of 8 years of dollar hyper inflation.

"Step back. You're about to see some serious shit."

Except I'm not bearish.

🐂🐂🐂

we will be 65

You think that’s bearish? We’re close to 65% of block templates being constructed by AntPook

AntPool* or one of the many pools who use AnyPool Web Services (AWS)

Long term thinking is hard for the common man.

*the block subsidy.

The reward might be way more than that.

And what really matters is the value of the reward.