quoting2024 - We consolidate shitcoin market caps to Bitcoin. Everyone learns there's no second best. Blackrock, Fidelity, et al kick off an epic gold rush of old money that's been waiting for institutions to validate the risk for them. My estimated market cap at peak ~$3-4 trillion and spot price between $150k to $200k.
nevent1q…wg06
2028 - Bitcoin investment is something everyone's doing. Bitcoin capable POS systems are starting to proliferate and stores taking Bitcoin are becoming more common. We flip the gold market cap at $15 trillion putting BTC spot price between $600k-$750k. Cycle bear markets don't result in huge draw downs anymore. The bear bottom is at most 40% down from peak.
2032 - The store of value proposition of Bitcoin is confirmed for basically everyone now. Countries are stockpiling Bitcoin. The US has held off on entering but the BRICS Bitcoin entry this cycle has forced their hand. They're all buying as much as they can but people have learned that Bitcoin is the future. Pricing Bitcoin in dollars isn't very useful since the Americans have had to resort to negative interest rates and yield curve control for several years to afford their debt burden. Dollars are still taken but payment processors convert it almost immediately to Bitcoin to avoid inflation erosion.
David on Nostr: Putting it here to look back on in 10 years. ...
Putting it here to look back on in 10 years.