Replying to Avatar Carl B Menger

Price range for #Bitcoin in the 4th halving cycle if we end up following previous cycles.

Upper bound ~ $4,500,000

Lower bound ~ $140,000

*3rd halving cycle was cut short IMO due to FTX, Celsius, … bankruptcies.

Avatar
HODLFast ⚡⚓ 1y ago

Do they (nation-states)have enough corn to sell every pump in order to break the momentum?

Reply to this note

Please Login to reply.

Discussion

Avatar
BoomTown 1y ago

For the foreseeable future, yes. But the opportunity cost they’re imposing on themselves is significant.

The United States apparatus holds 1% of coins. Just let them ride and HODL…as far as nation states go the USA would still be the best positioned economically both with bitcoin and our natural resources.