My Bitcoin price predictions:
2024 = 58k
2025 = 58k
2030 = 58k
2040 = 58k
2050 = 58k
2140 = 58k
Discussion
Sounds about right
That's some crazy whipsawing volatility! Yee haw! 🤠
Bitcoin is the most stable stablecoin.
Meanwhile the so called stablecoins pegged to fiat are going down in value LOL
A good read here
Another thing I want to add to this.
People should start valuing their labor and products in sats.
Saying that a beer cost 1200 sats ($1) or something like that, it means you are still "pegged" to fiat world, because you are always go back and make the fiat conversion of your sats.
I'll give an example how I do it.
I do some work, during a week. All fine.
But when I am about to make the invoice to the client, first I calculate in sats: (not in fiat)
- how many hours I've spent doing that work
- how much energy, materials, consumables etc to do that work
- calculate how many sats were spent per hour or per day and the total cost in sats
- add a 1-5% to the final cost, as being my research, previous time spend to learn
- add a 25-30% as profit
- then make the invoice in sats. No matter how much is the BTC/USD
That's how you will find out that Bitcoin IS the ultimate stablecoin!
STOP THINKING IN FIAT.
START EARNING IN SATS
Totally agree 💪
Would be helpful to have an augmented reality app that switches whatever fiat price your looking at into sats. Was thinking the app would be called reality. Go to a grocery store and look at prices through the camera of your phone, the price would show in satoshi's. Adding the satoshi value of labor formula from above into another tab would be pretty cool too.
Instead of wasting time making that app, spend that time and energy into onboarding merchants and you will have for sure all the prices displayed in sats.
😂😂😂
This is awesome.
I want to see how this works out.
Hahaha 😂
also
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