/biz/ - Business & Finance

>>18903146
nice :)

So a 4.7 trillion dollar market cap? Hmm

>>18903172
thank you anon
>>18903200
Market cap is a meme and not to be worried about

>>18903146
Screencapped for 2 years from now.

>On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf
The most in-depth paper written on bitcoin EVER
Princeton university

>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf

"Second, the transaction market cannot generate an adequate level of
“mining” income via fees as users free-ride on the fees of other transactions in a block and in the
subsequent blockchain. Instead, newly minted bitcoins, known as block rewards, have made up the bulk
of mining income to date. Looking ahead, these two limitations imply that liquidity is set to fall dramatically
as these block rewards are phased out. Simple calculations suggest that once block rewards are zero, it
could take months before a Bitcoin payment is final, unless new technologies are deployed to speed up
payment finality. Second-layer solutions such as the Lightning Network might help, but the only
fundamental remedy would be to depart from proof-of-work, which would probably require some form
of social coordination or institutionalisation."

>>18903146
BASED AND HALVINGPILLED

>>18903200
The more brrrrrrrr they do the easier it is to achieve that marketcap.
We may actually see 500k with the current brrrrr.

>>18903146
Post an anime girl next to your prediction and autists will post it every day for months

>>18903324
>Simple calculations suggest that once block rewards are zero, it
>could take months before a Bitcoin payment is final,


NOOOOOOOOO NOT THE HECKING 2141yearinos

>>18903146

put me in the screenshot

>>18903324

>Simple calculations suggest that once block rewards are zero, it
could take months before a Bitcoin payment is final

oh no, if nothing changes between now and 2140 we're all screwed!

>>18903146

>>18903793
this

>>18903793
>>18903677
NOOOOOO you guys aren’t listening, BTC is trash, you have to buy XRP!!

there's some sperg on youtube who makes a really convincing argument that btc bubble cycles are lengthening, and the boom/bust gap is shrinking

>>18903677
lmao leave it to /biz/ to fud on a day where literally everyone currently on this board will be long dead

When dogecoin wakes up I'll know we're in a bullrun

>>18903324
We're fucked in 121 guys I'm selling

>>18904145
>Years

>>18903146
Also while this is fun and all, I just hope the price of a cup of coffee isn't something like $30.00 and houses starting at 500k for a 2 bedroom

Satoshi betrayed us, we were all supposed to be in this together.

>>18904205
>500k for a 2 bedroom
Sounds like Canada

>>18903146
Its impossible.
You need much more capital now to reach those levels.
15k EOY and say thanks

>>18903146

>>18904415
>hurr durr 5t is alot of money
checkout this fucking flyover fag...

>>18903146
Yes we are just going to constantly ramp up for a year without any giant dips at all.

>>18903660
Actually spent half an hour to find one but couldn't - will next time though tya
>>18904415
>falling for the market cap fud
shamefur. MC is just the price of the last trade no matter how small. Buying an apple for 1 gorrilian doesn't mean you can sell all apples for eleventy brazillian gorillian

>>18903146
Itneresting, it will be about $15,000 to mine 1 bitcoin, after the halving.

>>18904422
What matters more: that bitcoin went from 20k to (now) 9k, or that it went from $0.08 to 9k?

>>18903660
>Post an anime girl next to your prediction and autists will post it every day for months
lol

>>18904783
none of those things matter, but the current trend is a downward trend. past performance does not predict the future.

>>18904422
Same trend as 2014-2016 bullish as fuck

>>18904824
>past performance does not predict the future.
Tue. Butt he future predicts the past. OR no, the present predicts the he who controls does the past..?

>>18903660
>>18904816
this. untill it isnt an official prophecy

>>18903146
lold @ vegetaposting for some reason I found that term so funny thx for putting this together

>>18904084
This. We could peak in summer 2022.

>>18903200


Yes. I expect the entire crypto market to have a 10-15 trillion cap at the peak of next bullrun.

here i go for next bread

What if it it just goes to like $50k in 2 months. Just because it followed a certain pattern before doesn't mean it's going to follow it again.

>>18903146
>>18903241
Matches up with the most recent ~$5 trillion btc mcap prediction by planB putting us at $288k
>R^2= 0.997

>>18904947
normie hype predicts a big sell the news dump

>>18906919
What the green and blue dots at top right

>>18904084
I think the boom bust gap is shrinking. But the halving has a set cycle the bubble can't lengthen too much it will interfere with the beginning of the next (lower boom bust gap again) cycle. My thoughts

>>18903677
There will be a new reserve currency by then anyway

>>18904084
Yeah this cycle is too short. And too drawn out to get to 20k. May well peak in summer season like 2011 but in 2022

>>18906392
But but..This time it's different

>>18907158
This is literally how clickbaity crypto YouTube every single day ever except when it dumps. Nothing new to see there at all.

all you tards standing on the same side of a trade. easiest pump and dump targets ever. especially with tether involved and an unstable and faltering economy to blame it on. crypto is fuck and price is being pumped by chinks

>>18903146
>>18906896

>>18907363
It's the U.S real estate value, two different estimates with the green dot supposedly being more accurate, from this article: https://medium.com/greyswandigital/testing-plan-s-cross-asset-stock-to-flow-model-on-housing-c84889304ddf

It's pretty amazing that stock-to-flow ratio and market value are so highly correlated, at leat for commodities/assets with a decently high SF. I guess in a year's time we will see if the model still holds true

>>18904422
sigh... zoom out.

>>18908719
Based. Thank you for that link; I’m OP but can’t prove it

>>18908880
Np, here is planb's most recent article if you haven't read it, is a good one
https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12

that's great and all but what about link

>>18904383
actually its 700k for a 1 bedroom apartment :)

>>18909623

>>18909692
mmmhmmmmm yess I love it.

>>18903146

Hahaha yeah not likely

>>18909692
Id just remove the $33 figure. 288k is approx 31x the current btc price, so there’s no way link will do less than a 31x considering 1. it has an actual use case and 2. Almost all alts have a greater multiplier in gains than btc. This means $114 at the absolute minimum, and even that is unrealistically low.

>>18903146
sell the news

Too slow.

>>18903200
Calculating market cap in USD will on longer make any sense soon

>>18910123
Fuck bros I cant believe we are going to be lambo rich

>>18903146
Lol BTC crashed pre halving and after halving the last time it happened, there is nothing accurate in your post

>>18907363
lol, never considered the meme potential of turd meisters doodles

>>18906919
this dog turd of an analysis was already found to be statistically invalid

>>18910598
"/biz/ must know" is the first thing I thought of. They're like a masticated Wojak

>>18905582
who is this cute boy

>>18910727
Sai Chan

>>18903324

>>18907158
this is one of the few times I would pay attention to sentiment. I recommend holding from here on out.

>>18910641
Proof

>>18910749
wow it's really a boy, I am on fire today

>>18910412
Believe it. XRP did a 630x from the 2016 halvening.
Lisk (ranked 10 around the 2016 halvening) did a 100x

I just sold to $ at least it's free. I could hodl some before better than nothing...

Free 52$ OXT

https://coinbase.com/
earn/oxt/invite/y3pchr8j

>>18910412
you think btc pumps that much and chainlink stays alive?

keeping this bumped

>>18904441
2 trillion is 30 years of your life assuming everyone makes more than 150k/year
You either know very little about money or are just genuinely stupid.

>>18903146
i think cycles are getting longer and flatter but OP's hypothetical #s would look something like this

at this point, halving is just a retarded meme that means nothing. Can't wait for this shit to end so this pile of garbage can continue to dump and give it's place to something that actually has a future.

>>18912460
That’s awesome!

>>18912488
>something that actually has a future
like?

>>18913283
Xrp

>>18913927
debatable

>>18913283

BCH
XMR