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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


[ - ] GetFuckedCunt 1 point 5 monthsNov 14, 2024 20:36:48 ago (+1/-0)

Can someone rationalize and explain how jews wouldn't already own the majority of bitcoin?

Even when it was a decentralized currency it wouldnt take much effort for the jews to get a monopoly on mining and buying it. They print money out of the federal reserve, they own the casinos and machines to mine more bitcoin than any average person.

[ - ] puremadness 1 point 5 monthsNov 15, 2024 01:54:16 ago (+1/-0)

Correct, there was a small window, but even those players cannot keep up with any real big dogs.
All of our society, worldwide, operates this way.

It isn't good news.

[ - ] Crackinjokes [op] 0 points 5 monthsNov 16, 2024 19:24:50 ago (+0/-0)

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.

[ - ] FreeinTX 1 point 5 monthsNov 14, 2024 20:32:30 ago (+1/-0)

Not sure why that matters.

Gold is a commodity used to hedge inflation and does both very well.

Bitcoin is a ponzie scheme used to make huge money overnight with massive spikes in volatility.

They are not the same.

[ - ] DitchPig 0 points 5 monthsNov 14, 2024 23:19:10 ago (+0/-0)

The rug pull is going to be epic.

[ - ] xmasskull 0 points 5 monthsNov 14, 2024 20:04:49 ago (+0/-0)

So,what does this mean to the average "Joe"?