FTFY


Don't be using that "c" word.. you cunt (said lovingly).  In these times, "we" prefer to use the term "soft" when we are referring to "landing(s)".


Quoted for visability.

Regarding the substance of your assertions, we still have to zoom out, no?

Should we be getting overly excited based on short-term BTC price moves, and also even if we look at our current price of about $20,660, we are still about 13% below the 200-week moving average...

yeah.. sure.. better to have pumps up rather than having pumps down, but still time for citttteeee? 

I question getting hopes up too soon based on blips that are described as "speed pumps".


Regarding the 1st price list, it's unclear from where those numbers come, and the ONLY logical explanation that I can imagine would be that the BTC price might be on a specific day in each year.. Otherwise, they hardly seem to be representative. unless we might say low price for the year, or high price for the year or moving average price for the year.. and in any event it would be nice to have disclosure of the categorization regarding how those numbers were picked for each of the corresponding years.

In regards, to the second table listing bitcoin growth timelines, I have some difficulties considering that we are already past 100 million bitcoin users.  Sure it is possible that we have reached those numbers, and if you think about it, if the bitcoins were equally distributed, that would be 0.21 BTC per person, and we know that some users have way more than that, which would imply that some users have way less than that... like way the fuck less. .. like some people are being counted as users, and maybe they ONLY own an account on Coinbase (with zero balance) or maybe their Bitcoin holdings may well only be a few satoshis..

How many satoshis would be enough when 21 million satoshis is the current mean, if we were to divide 21 million users into 2.1 quadrillion satoshis..? 

Maybe we have millions of supposed bitcoiners who are ONLY holding around a few thousand satoshis and they count as bitcoin investors... even tens of thousands of satoshis would not cost very much at today's prices to bring your own holdings above the mode.. .. bringing yourself above the mean would be a bit more challenging for newbies with little income (cashflow), but it still may well be doable to get a few million satoshis for less than $1k... because right now you could buy 1 million satoshis for right around $207.. and maybe you would have to pay more depending on the fees that you might have to pay.