Pinned
This is the biggest story in finance. Yet few are aware what's happening.
Jesse Myers
22.1K posts
Jesse Myers
@Croesus_BTC
Head of Bitcoin Strategy @smarterwebuk |
Creator of Bitcoin valuation framework used by @saylor |
Views my own. past: Stanford MBA, Bain & Co
- The #Bitcoin halving was exactly 11 months ago. I gave this presentation at MIT the day after the halving... Explaining why it would take 12 months before Bitcoin's price really starts to run. That time is nearly here, finally. Buckle up!
- The #Bitcoin halving was almost 6 months ago. I gave this presentation at MIT the day after the halving... Explaining why it would take 6 months before Bitcoin's price starts to run. That time is nearly here, finally. Buckle up!
- The #Bitcoin halving was exactly 12 months ago. I gave this presentation at MIT the day after the halving... Explaining why it would take 12 months before Bitcoin's price really starts to run. That time is finally arriving. Buckle up!
- Well I'm glad this 1910 cartoon of the proposed Federal Reserve was totally overblown...
- Quick math: -330k BTC mined / year this halving era -FTX has -$1.4B in BTC on books, meaning 80k BTC -Assuming incurred this year, means FTX "increased" BTC supply issuance 25% this year -Others likely did same No wonder we're under prior cycle highs. Halving math interference.
- I just sold all my #Bitcoin. It's going to $20k, maybe lower. We are in a bear market now. (No I didn't - that would be fucking stupid.)
- Blackrock officially recommends a 2% allocation to #Bitcoin The world has $900T in assets. 2% of that would mean a Bitcoin valuation of $18T... aka $900k per BTC. Are you paying attention?
- If you're wondering what's happening with #Bitcoin... Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst... But, that's not the main story here. The main story here is that we are 6+ months post-halving. And that means a supply shock has
