Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
eddie13
on 14/10/2021, 21:47:33 UTC
Are you trying to say that bitcoin is "not" designed to pump forever?
I'm saying the planet isn't designed to pump forever Wink

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Whether we are talking 1 house per BTC or 10 houses per BTC or some other price point, there is a bit of a suggestion that houses (in your example) are as scarce as bitcoin, amiNOTrite?
Make it 100 houses per Bitcoin, 2.1 billion houses on the planet seams about right.

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I will concede with an overall point that our bitcoin price trajectory (including ongoing BTC prices) is going to likely become more and more flat with the passage of time, but I am having some doubts that bitcoin would stay flat relative to any particular asset, such as 10 houses because that would suggest that houses are as rare as bitcoin...
It can't keep going up, otherwise at some point 1 Bitcoin would be worth a billion houses.

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Accordingly, maybe 1 year from now, we have bitcoin valued at 1 house,
then 5 years from now we have bitcoin valued at 10 houses,
then 9 years from now we have bitcoin valued at 16 houses,
then 13 years from now we have bitcoin valued at 24 houses,
then 17 years from now we have bitcoin valued at 34 houses,
then 21 years from now we have bitcoin valued at 44 houses,
then 25 years from now we have bitcoin valued at 52 houses,
then 29 years from now we have bitcoin valued at 58 houses,
A flattening S-curve makes sense.

Your both bearish af..

In 2066 the Milky Way galaxy will be worth approximately 2.1BTC

We will have conquered deep space by then with the power of our Bitcoin profits.. In about 2032..
And then when all the space aliums adopt our BTC monetary system, our stashes will be worth infinity..

HODL