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The market capitalization of Bitcoin will be equal to the market capitalization of gold with less than nine times increase in bitcoin. And that is now seeming well within reach.

submitted by Crackinjokes to technology 5 monthsNov 14, 2024 19:52:34 ago (+3/-1)     (technology)

With Bitcoin just coming out of it s last happening and just starting to equalize and it's last happening peak at $70,000 now reaching 90 crossing 100 is no longer implausible at all as expected and that puts it within 300,000 this cycle if you know anything about how these halving cycles have worked in the past. Values often jump 10 times.




6 comments block

It doesn't matter if they do them that's the key about Bitcoin unlike stocks or anything else it really doesn't matter whether there's even a concentration of ownership itself gauge is itself against dumping or manipulation of mining or anything else. So it always adjusts it's difficulty to maintain its value unlike anything else. That's like one of the major technological pieces of genius about bitco in.