Since the 2017 ATH in #bitcoin
The return in 2 x just over
Basically 100% gain in 7 years
I’m from Feb 2017 when we bought Bitcoin for around 800-1200 bucks ish
I remember we held a Workout Party for when it ATH at $2000 that March
With adoption 1000s of % higher the price has certainly deminished as the worst part of Bitcoin performance in that time
Whilst HashRate and Adoption Moon
Whilst it’s cool to say cheap #sats
The network is becoming expensive to run in $$ and that is only going higher…. A lack in Bitcoin price is becoming costly to progress
Retail at large are now gone and won’t comeback due to the worries of Bitcoin…. In Australia it’s now $71,000 for 1 #btc
This price point has to move up
Or the network moves down
Can’t support this network much longer when the foundation gets a 50% pay cut in 70 days
Price has become the most important part of #bitcoin
In the eyes of the world now…. Bitcoin cannot sustain another 80% drop…. Adoption will disappear forever
Up Only
Or
Fail
DWOLFBTC / D WOLF
npub1znv…hk2l
2024-02-08 23:43:07
Author Public Key
npub1znvyq8yk3e9m4gn67y5ndh5tnne3apnqzue56w4panamkzlgd8mqq6hk2lPublished at
2024-02-08 23:43:07Event JSON
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"content": "Since the 2017 ATH in #bitcoin\n\nThe return in 2 x just over\n\nBasically 100% gain in 7 years\n\nI’m from Feb 2017 when we bought Bitcoin for around 800-1200 bucks ish\n\nI remember we held a Workout Party for when it ATH at $2000 that March \n\nWith adoption 1000s of % higher the price has certainly deminished as the worst part of Bitcoin performance in that time\n\nWhilst HashRate and Adoption Moon\n\nWhilst it’s cool to say cheap #sats\n\nThe network is becoming expensive to run in $$ and that is only going higher…. A lack in Bitcoin price is becoming costly to progress\n\nRetail at large are now gone and won’t comeback due to the worries of Bitcoin…. In Australia it’s now $71,000 for 1 #btc\n\nThis price point has to move up\nOr the network moves down\n\nCan’t support this network much longer when the foundation gets a 50% pay cut in 70 days\n\nPrice has become the most important part of #bitcoin\n\nIn the eyes of the world now…. Bitcoin cannot sustain another 80% drop…. Adoption will disappear forever\n\nUp Only\nOr\nFail",
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