2025-03-17, 23:59 UTC
332 days after halving
Current: $84,013.95
2012 scaled: $929,724.40
2016 scaled: $280,829.16
2020 scaled: $430,828.99
Discussion
Textbook super-cycle.
This account should be renamed to "your daily dose of depression."
😮 crazy
This cycle is definitely not taking off as well as previous cycles, but there's still hope.
The theory of diminishing returns is that as the asset gets bigger, it takes more money to make it grow. But, the incoming whales have figured it out how to buy OTC (over the counter), so it doesn't affect the price. Eventually, it's inevitable that the OTC desks will run out of Bitcoin. After that, the price is off to the races!
:-(