๐๐ถ๐๐ฐ๐ผ๐ถ๐ปโ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ฎ๐ป ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐๐ช๐๐ ๐๐ฎ๐๐๐ฒ๐ฟ ๐ง๐ต๐ฎ๐ป ๐ฌ๐ผ๐ ๐ง๐ต๐ถ๐ป๐ธ
๐ ๐ฐ๐ถโ๐ณ๐ฆ ๐ญ๐ช๐ฌ๐ฆ๐ญ๐บ ๐๐๐ง ๐ต๐ฐ๐ฐ ๐ฃ๐ฆ๐ข๐ณ๐ช๐ด๐ฉ.
Hereโs why.๐
Many analysts and enthusiasts attempt to forecast Bitcoin's future price by dividing Bitcoinโs total potential market capitalization โ all the money that will soon flow into Bitcoin โ by its maximum supply of 21 million. However, this method overlooks one crucial factor: ๐๐๐ ๐๐๐ฉ๐ช๐๐ก ๐๐ข๐ค๐ช๐ฃ๐ฉ ๐ค๐ ๐๐๐ฉ๐๐ค๐๐ฃ ๐๐ซ๐๐๐ก๐๐๐ก๐ ๐ค๐ฃ ๐๐ญ๐๐๐๐ฃ๐๐๐จ ๐๐จ ๐๐๐ง ๐ก๐๐จ๐จ ๐ฉ๐๐๐ฃ ๐ฉ๐๐ ๐ฉ๐ค๐ฉ๐๐ก ๐จ๐ช๐ฅ๐ฅ๐ก๐ฎ.
Estimating the exact number of bitcoin on exchanges is challenging, due to the decentralized and often private nature of transactions. But it's clear that the actual figure is a ๐ด๐ฎ๐ข๐ญ๐ญ ๐ง๐ณ๐ข๐ค๐ต๐ช๐ฐ๐ฏ of the total supply. This scarcity, coupled with increasing demand, suggests that current estimations of Bitcoin's future price might be extremely conservative.
The amount of bitcoin available for sale is important because it represents the supply that can be bought at that time, as long as exchanges are honest and arenโt selling paper bitcoin โIOUsโ. ๐ ๐น๐ฎ๐ฟ๐ด๐ฒ ๐ฝ๐ผ๐ฟ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ฝ๐น๐ ๐ถ๐ ๐ฒ๐ถ๐๐ต๐ฒ๐ฟ ๐น๐ผ๐๐, ๐ต๐ฒ๐น๐ฑ ๐ถ๐ป ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ ๐๐๐ผ๐ฟ๐ฎ๐ด๐ฒ, ๐ผ๐ฟ ๐ป๐ผ๐ ๐ณ๐ผ๐ฟ ๐๐ฎ๐น๐ฒ ๐ฎ๐ ๐ฎ๐ป๐ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ. This significantly reduces the available supply, and makes any purchase that more effective at moving the price skyward.
Bitcoinโs current location on its adoption curve shows that itโs on its way to becoming a predominant store of value and medium of exchange, free from censorship, debasement, and top-down manipulation. If demand for a money with these qualities continues to grow, and if Bitcoin takes even a ๐ง๐ณ๐ข๐ค๐ต๐ช๐ฐ๐ฏ of the global monetary base, the valuation could reach astronomical figures.
So when considering Bitcoin's future price, ๐ช๐ต'๐ด ๐ฆ๐ด๐ด๐ฆ๐ฏ๐ต๐ช๐ข๐ญ ๐ต๐ฐ ๐ง๐ฐ๐ค๐ถ๐ด ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐ฆ๐ง๐ง๐ฆ๐ค๐ต๐ช๐ท๐ฆ ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ ๐ข๐ท๐ข๐ช๐ญ๐ข๐ฃ๐ญ๐ฆ ๐ฐ๐ฏ ๐ฆ๐น๐ค๐ฉ๐ข๐ฏ๐จ๐ฆ๐ด ๐ณ๐ข๐ต๐ฉ๐ฆ๐ณ ๐ต๐ฉ๐ข๐ฏ ๐ต๐ฉ๐ฆ ๐ต๐ฐ๐ต๐ข๐ญ ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ. This approach paints a much more bullish picture of Bitcoin's potential valuation than most people are willing to see, and demonstrates just how early we all are.
Bullish enough for you?๐ Give this a ๐๐ถ๐ธ๐ฒ๐ค and a ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ this to look back on later.
Why are ๐บ๐ฐ๐ถ bullish on Bitcoin?
Tell me in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
Many analysts and enthusiasts attempt to forecast Bitcoin's future price by dividing Bitcoinโs total potential market capitalization โ all the money that will soon flow into Bitcoin โ by its maximum supply of 21 million. However, this method overlooks one crucial factor: ๐๐๐ ๐๐๐ฉ๐ช๐๐ก ๐๐ข๐ค๐ช๐ฃ๐ฉ ๐ค๐ ๐๐๐ฉ๐๐ค๐๐ฃ ๐๐ซ๐๐๐ก๐๐๐ก๐ ๐ค๐ฃ ๐๐ญ๐๐๐๐ฃ๐๐๐จ ๐๐จ ๐๐๐ง ๐ก๐๐จ๐จ ๐ฉ๐๐๐ฃ ๐ฉ๐๐ ๐ฉ๐ค๐ฉ๐๐ก ๐จ๐ช๐ฅ๐ฅ๐ก๐ฎ.
Estimating the exact number of bitcoin on exchanges is challenging, due to the decentralized and often private nature of transactions. But it's clear that the actual figure is a ๐ด๐ฎ๐ข๐ญ๐ญ ๐ง๐ณ๐ข๐ค๐ต๐ช๐ฐ๐ฏ of the total supply. This scarcity, coupled with increasing demand, suggests that current estimations of Bitcoin's future price might be extremely conservative.
The amount of bitcoin available for sale is important because it represents the supply that can be bought at that time, as long as exchanges are honest and arenโt selling paper bitcoin โIOUsโ. ๐ ๐น๐ฎ๐ฟ๐ด๐ฒ ๐ฝ๐ผ๐ฟ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ฝ๐น๐ ๐ถ๐ ๐ฒ๐ถ๐๐ต๐ฒ๐ฟ ๐น๐ผ๐๐, ๐ต๐ฒ๐น๐ฑ ๐ถ๐ป ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ ๐๐๐ผ๐ฟ๐ฎ๐ด๐ฒ, ๐ผ๐ฟ ๐ป๐ผ๐ ๐ณ๐ผ๐ฟ ๐๐ฎ๐น๐ฒ ๐ฎ๐ ๐ฎ๐ป๐ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ. This significantly reduces the available supply, and makes any purchase that more effective at moving the price skyward.
Bitcoinโs current location on its adoption curve shows that itโs on its way to becoming a predominant store of value and medium of exchange, free from censorship, debasement, and top-down manipulation. If demand for a money with these qualities continues to grow, and if Bitcoin takes even a ๐ง๐ณ๐ข๐ค๐ต๐ช๐ฐ๐ฏ of the global monetary base, the valuation could reach astronomical figures.
So when considering Bitcoin's future price, ๐ช๐ต'๐ด ๐ฆ๐ด๐ด๐ฆ๐ฏ๐ต๐ช๐ข๐ญ ๐ต๐ฐ ๐ง๐ฐ๐ค๐ถ๐ด ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐ฆ๐ง๐ง๐ฆ๐ค๐ต๐ช๐ท๐ฆ ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ ๐ข๐ท๐ข๐ช๐ญ๐ข๐ฃ๐ญ๐ฆ ๐ฐ๐ฏ ๐ฆ๐น๐ค๐ฉ๐ข๐ฏ๐จ๐ฆ๐ด ๐ณ๐ข๐ต๐ฉ๐ฆ๐ณ ๐ต๐ฉ๐ข๐ฏ ๐ต๐ฉ๐ฆ ๐ต๐ฐ๐ต๐ข๐ญ ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ. This approach paints a much more bullish picture of Bitcoin's potential valuation than most people are willing to see, and demonstrates just how early we all are.
Bullish enough for you?๐ Give this a ๐๐ถ๐ธ๐ฒ๐ค and a ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ this to look back on later.
Why are ๐บ๐ฐ๐ถ bullish on Bitcoin?
Tell me in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ