Replying to Avatar Samson Mow

In 2017 it took ~9 months for #Bitcoin to go from $1k to $20k. The block subsidy was 12.5, there was a lot more BTC sloshing around on exchanges, mining was boiling the oceans, and there was zero institutional money coming in.

$1k to $20k is 20x.

$50k to $1M is 20x.
Avatar
Cláudio 2y ago

I think 8M by 2025. Well, this is my projection and Michael Saylor as well. Also believing by 2038, #bitcoin hit 1B (Fidelity CEO said that). They are the money guys, I’m with them.

Reply to this note

Please Login to reply.

Discussion

Avatar
TanukiBTC ⚡ 2y ago

8M by 2025? lol wut?

Avatar
Cláudio 2y ago

Scarcity + halving + institutional funds + less btc available.

Avatar
TanukiBTC ⚡ 2y ago

At this price we would need inflows of 26 Mio USD every 10 mins due to mining. Or 3744 Mio per day. And that just to sustain the price. I’m also a bull. But we need more halvings and less new supply before we can moon up there, imo.