The final bitcoin is projected to be mined in 2140. Transactions can only be processed through the mining of new bitcoin. Therefore when the final coin is mined the transactions will cease and everyone will be left holding a valueless mathematical hash.
Bitcoin should be lower, it's a bear market. This time period last cycle we were at the cycle lows of $3k, which was the previous cycle's high. Bitcoin being normal we would be closer to $17k. It's higher than it should be because of all the uncertainty in traditional options. Normal investing advice isn't working when bond prices are inverted.
Next do gold.
2018: $1,269/troz
Today: $1913/troz
Well there's your indicator, plain as day.
Now do Bitcoin
Bitcoin expires in 2140. There is no longterm generational wealth in ElectroFunds.
But for fun...
Bitcoin 2021: $65,000
Bitcoin today: $30,000
Yep. The sharks are eating the minnows.
That’s one of the reasons Monero is far superior
Expires? What exactly do you mean?
Nice cherry-picking, see you next year when it gets over $300K.
By the way, Bitcoin was $4-16K in 2018. Better than gold no matter where you measure from.
It's not hard to see what's happening unless you are willfully ignorant.
The final bitcoin is projected to be mined in 2140. Transactions can only be processed through the mining of new bitcoin. Therefore when the final coin is mined the transactions will cease and everyone will be left holding a valueless mathematical hash.
https://www.coindesk.com/learn/what-happens-when-all-bitcoin-are-mined/
Bitcoin should be lower, it's a bear market. This time period last cycle we were at the cycle lows of $3k, which was the previous cycle's high. Bitcoin being normal we would be closer to $17k. It's higher than it should be because of all the uncertainty in traditional options. Normal investing advice isn't working when bond prices are inverted.
I'm just holding Bitcoin. There is no second best IMO.
It's digital gold. And it's the only one that will be classified as a commodity by governments who don't want to be left in the dark ages.
We're either blowing ourselves up, or being saved by Bitcoin.