Bitcoin's FIAT price this year will reach 5+ times the average production cost to mine a Bitcoin globally before the major correction phase begins. The ratio between the FIAT price and the production cost reveals to us that it is in fact Bitcoin's FIAT price that is inflated. This price inflation is due to the mania phase of the cycle and not that the dollar is collapsing. It could be argued that buying lots of dollars at that point when they're cheap would be advantageous, as when the correction occurs they could be used to acquire much more Bitcoin and help stabilize the price long term.
But if Bitcoin's FIAT price and average production cost both go up equally, then that is the indicator that it is the dollar collapsing and not Bitcoin being overpriced. If the price of both rise quickly, and at the same rate, it is highly likely that every asset is doing the same. HODL as hard as you can in this case because this is FIAT collapse.
TheBitcoinBattery
npub1kl…fq497
2025-01-02 05:38:02
Author Public Key
npub1kl8aguhljq6yrmrv64dm2phew3pprfhx3ef9yh2zg3gkn0dq8adqzfq497Published at
2025-01-02 05:38:02Event JSON
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"pubkey": "b7cfd472ff903441ec6cd55bb506f9744211a6e68e52525d42445169bda03f5a",
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"tags": [],
"content": "Bitcoin's FIAT price this year will reach 5+ times the average production cost to mine a Bitcoin globally before the major correction phase begins. The ratio between the FIAT price and the production cost reveals to us that it is in fact Bitcoin's FIAT price that is inflated. This price inflation is due to the mania phase of the cycle and not that the dollar is collapsing. It could be argued that buying lots of dollars at that point when they're cheap would be advantageous, as when the correction occurs they could be used to acquire much more Bitcoin and help stabilize the price long term.\n\nBut if Bitcoin's FIAT price and average production cost both go up equally, then that is the indicator that it is the dollar collapsing and not Bitcoin being overpriced. If the price of both rise quickly, and at the same rate, it is highly likely that every asset is doing the same. HODL as hard as you can in this case because this is FIAT collapse.",
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}