/biz/ - Business & Finance

>>18241009
Also i forgot the source

https://bitinfocharts.com/top-100-dormant_1y-bitcoin-addresses.html

>>15316345
Woke

>>14856647
Also the marketcap growth will continue until it reaches gold market cap due to btc stock to flow ratio after the halving and low inflation level.

Today there is 17788175 coins already mined
586825 till next halving to be mined
328500 to be mined from may 2020 to may 2021(halving effects are usually delayed so i added a year here).


This gives us 18703500 BTC in existance by may 2021.
Let's remove Satoshi coins

17703500 in existance by may 2021 now it's estimated that there is 4m bitcoins lost and never moved.

Let's make it 3m for pessimistics reasons.
That gives us 147811500 btc in circulation by september 2021.

If btc had gold marketcap of 7.5 tn the price of a coin would be 510k

BTC only need 14tn marketcap to reach 1M 2x of gold marketcap.

It's only a financial crisis away from that price.

From 2015 june(a year before halving) to 2017 december(a year and half after halving) the marketcap increased 75 times.

I can't check the previous halving due to lack of data.
But if we do the numbers now a year before halving(may 2019) and grow 75 times the marketcap that gives us a market cap of 7.1 Trillion by september 2021 growing at the current rate.

Divide that by existing btc at that date 147811500 gives us a price in september 2021 of 473k per btc.

>>14677790
COPE

>>14654554
I love all of you faggots

>>14615332
1M EOY 2021

>>14596848
Fuking kek

>>14596911
https://schiffgold.com/buy/buying-gold-silver-bitcoin/

We mooning frens

>>14567934

>>14548028
>Iran crisis increasing oil price
>Lower interest rates announced
>Election year gibs debates
>Stock market not even growing with lower interest rates
>Boomers about to retire
>Qe infinity
>Libra to be Tether on steroids
>LTC halving
>BTC AND BCH Halving together

You guys are not paying attention

>>14532486
It's starting

https://old.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/

I hope you have at least 1 bitcoin remaining op.

>>14500145
This rally is about oldfags buying for the halving ,they are not going to dump at 20k.

People are starting to wake up about fiat inflation fucking them in the ass and are using btc as a hedge.

Even the boomers in marketwatch had pro btc comments last week.
The only way that i see btc going back to 7k levels is if higher interest rates are announced instead of lower as everyone expects.

>>14457715
BTC is going to more than 180k by next year.

The inflation level of btc will be bellow fiat currencies and i mean nearly all fiat currencies.

After all the bubble cycle will never happen again , maybe one last small bubble but after that never again.

Assuming a weak halving we grow 115x the bottom like the previous one

3200x115 = 368k

The thing is that as numbers become bigger kyc shit makes it harder to grow more.

But btc will indeed surpass 60k in fact the next halving having an inflationary momentum as well as the typical supply reduction will make btc pass 60k easily.

>>14457833
Not just euro , every currency , go to localbitcoins and look at demand per country , then check the inflation level in every country of the list.
Every country with a bigger inflation than btc inflation rate is giving energy to btc.

BTC is basically feeding from shit fiat currencies.

This bullrun should not be happening , never ever before a halving btc grew so fast , the maximum was 3x in the 365 days previous to the halving.

We already did 4x from the bottom and the halving is 326 days away.

We are in the middle of a revolution in this board even if we meme ourself with pink wojacks and shit like that.

The next year will change the world once btc inflation goes bellow the usd and euro and if a socialist lunatics win in the usa anyone with 1 BTC will become a millionaire.

>>14448699
Leave molyememe in peace he did nothing wrong.

>>14430775
Yes we are in a simulation and it's glitching , now the car on jfk assasination has 3 rows and 6 persons.

Timelines shifted.

>>14429445
Based and halvingpilled

BTC Price collapsed miners are not selling(or someone is buying massive numbers and holding)

https://coin.dance/volume/localbitcoins/ALL/BTC

>>14397134
COPE

>>14388295
Is this from hitchhikers from the Galaxy or something else? Please no meanie

>>14375075
>He thinks we are going to 200k with the greatest bullrun ever
>He does not realize that the previous bullrun had 115x gains from the bottom
>He does not realize that 115x of 3200 is 368k
>It's fine because he can't count to 7
>He does not realize that if this bullrun is stronger than the previous we are going to 1M+

>>14374222
This

>>14371971
18k by the end of the week.

>>14371865

>>14371387
I love you all frens

>>14369212
That btc crossed the rubicon?