Do you realize PlanB's stock to flow model puts us at $400k in 2024?
@mydogisahusky trouble might start way before. Not sure usd can survive the shock of a 100k btc
@mydogisahusky true. President has a few magic tricks up his sleeve and is a fan of andrew jackson. End the fed totally possible.
@vbhide @mydogisahusky Around $400K just market cap parity with gold has been reached (around $8 tn). I don't think that's critical for the USD yet. But the next 10x-50x could change a lot. Just imagine all the parked money from real estate moving to Bitcoin: housing will finally become affordable again.
@mydogisahusky @flexbit @vbhide Are you sure the US dollar won't erode value? Maybe $400k today will only be 1/2 value in the future?
@christinabahk @flexbit @vbhide
AFAIK - It's todays value in$. Today's buying power.. BUT..if you are worried, you sell the upward swing over the mean.IE - Next May halving Target is 50k. But historically, on the way up we overshoot by 3x-5x. So we should overshoot up to $100k-200k next May. You could sell a little up there before the crash back to 27k-50k.
@christinabahk @flexbit @vbhide
And I have a feeling you would have alot of buyer interest next Spring. My gut says there are literally less than a million BTC available on the market from here on moving forward. Due to more macro events, people will be desperate to locate any BTC for sale. Anywhere. And price solves everything. THere will be some $ inflation, but huge price upside. If you believe the model. We'll see. :)
@vbhide
The Dollar will be coming down, Trump indicates. It's just a matter of how far, how fast, and how smoothly. President has been a sound money gold standard guy since age 5.