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Reply to: Bitcoin $100,000

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Previously on "Bitcoin $100,000"

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  • Zigenare
    replied
    Originally posted by willendure View Post
    Before the last halving, stock-to-flow of BTC was roughly equal to that of Silver. Both had a market cap of around $1tn.
    After last halving, stock-to-flow of BTC is a little below that of Gold. Gold has a market cap of $18tn.

    Face peeling volatility, but the direction of travel is clear.
    Until it all turns to rattulip.

    The gamble is "If I pay this money now, will someone more gullible pay me more tomorrow?". Firstly I'm not that gullible in the first place and secondly I'm not that lucky - for those reasons, I'm out!

    Leave a comment:


  • Uncle Albert
    replied
    I got given a miniscule amount of bitcoin in a promotional thingy a few years ago.

    It's now worth an amazing £2

    I might sell up and retire to Swindon.

    Leave a comment:


  • NotAllThere
    replied
    Originally posted by willendure View Post
    Before the last halving, stock-to-flow of BTC was roughly equal to that of Silver. Both had a market cap of around $1tn.
    After last halving, stock-to-flow of BTC is a little below that of Gold. Gold has a market cap of $18tn.

    Face peeling volatility, but the direction of travel is clear.
    Oh yes. Number go up.

    Leave a comment:


  • willendure
    replied
    Before the last halving, stock-to-flow of BTC was roughly equal to that of Silver. Both had a market cap of around $1tn.
    After last halving, stock-to-flow of BTC is a little below that of Gold. Gold has a market cap of $18tn.

    Face peeling volatility, but the direction of travel is clear.

    Leave a comment:


  • willendure
    replied
    Originally posted by Zigenare View Post

    Which tells you everything you need to know
    Its now a more important phenomenon than Amazon?

    Leave a comment:


  • Zigenare
    replied
    Originally posted by woody1 View Post
    From 500 bucks to $100k in 8 years (+20,000%). That's some doing.

    https://www.google.com/finance/quote...xAX&window=MAX

    With a market cap of $2tn, it's now bigger than Amazon.
    Which tells you everything you need to know

    Leave a comment:


  • woody1
    started a topic Bitcoin $100,000

    Bitcoin $100,000

    From 500 bucks to $100k in 8 years (+20,000%). That's some doing.

    https://www.google.com/finance/quote...xAX&window=MAX

    With a market cap of $2tn, it's now bigger than Amazon.

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