blueshoyru on Nostr: This is my bearish price prediction At the most basic calculation bitcoin could be ...
This is my bearish price prediction
At the most basic calculation bitcoin could be worth at least 6M
$30,000/0.5% adoption = 6M
But this is far too simplistic, it doesn’t account for the marginal price of available bitcoin for sale. Bitcoin at 6M results in very little liquid supply coming available, meaning the price would likely be much higher
Published at
2023-04-29 23:53:33Event JSON
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"content": "This is my bearish price prediction\n\nAt the most basic calculation bitcoin could be worth at least 6M\n$30,000/0.5% adoption = 6M\n\nBut this is far too simplistic, it doesn’t account for the marginal price of available bitcoin for sale. Bitcoin at 6M results in very little liquid supply coming available, meaning the price would likely be much higher",
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