Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by fillippone (3)
Indeed, I will tell you more: the Stock to flow is going to break 100% in the future.
That’s probably going to become true, when 99% of the coins have been mined - or maybe a bit sooner like around the 2032 halving.
In a few halving at best, the stock to flow is going to break, ~
Call it for what it is, 2-3 halvings (2024, 2028, 2032 max).
~ either because Bitcoin is going to break, ~
What if, it doesn’t “break”, and becomes kinda stable up there - let’s say around the $4M USD mark.
It will continue to be deflationary in it’s nature, far less volatile, making the boom and bust cycles a thing of the past. Stablecoin bitcoin.
~ or because the dollar is going to break.
That’s already broken man!
Your choice.
Not really. It’s a no-brainer.
Let’s pretend that we are already there (2032-33, $4-5M per coin), and you still have the choice between BTC and FIAT. What’s it going to be?
~ go to $10m, $20m, $50m, even $100m. Over time.
I really don’t see that Dabs, like ever. Unless you’re talking about the Idiocracy Era (year 2500+).