Using conservative assumptions, #Bitcoin is headed to $5,000,000. It is estimated it will take about 23 years to reach this value, an annualized average return of 22%. However, prior to 2031, the average return should be much higher than 22%. After 2031, the return would be

#Bitcoin

This is one of the most amazing #Bitcoin observations ever. A short 🧵and a #QED for now...

I made this chart 5 months ago because I was curious to see how #Bitcoin tracked prior recoveries from bear markets. This shows the past two recoveries. I averaged them and found the standard deviation to give an indication of an expected range. Months ago I picked a date,

Americans lost $5.6 Billion to #crypto scams in 2023. Not defending crypto, but for comparison, Americans lost $634 billion in purchasing power due to #government #money printing in 2023. #Inflation: 120x more damage to the American consumer than crypto scams

#Bitcoin is approaching 100% uptime. #Few

#Bitcoin ETF investors demonstrate that they will buy at any price, comparable to Michael Saylor⚡️'s approach.

#Bitcoin "ETF drawdowns can significantly predict Bitcoin price drawdowns" 12-14 days in advance. #ChatGPT

Almost 1 in 10 Pennsylvania voters think the US is in an #economic depression.

For Sale 1980's style mobile #phone. #Motorola. Manufactured before all this shit went down. $1,000,000. Serious inquiries only. No #terrorists.

The Index of Leading Economic Indicators continues its decline. The index has now given up all gains over two presidential administrations. Whenever this index drops below 5%, it indicates a #recession is in progress, which in this case was late 2022. Excluding the GFC in

Too Much #Crypto Has Been Lost Forever, But ‘Smart Wallets’ Can Stop The Attrition "Studies suggest that Cane Island’s estimate is indeed accurate" @canedigital bitcoinist.com/too-much-crypt…

What does October hold for #Bitcoin? In Forecasting Uptober, @canedigital provides a simple formula that predicts Bitcoin's October performance based on recent changes in Metcalfe Value. This model is statistically significant with a 95% confidence interval. Metcalfe values

#Gold: Based on this model gold => $3100. That assumes the price of #silver remains unchanged. If silver climbs also, gold would go higher than that.

100%. #Government waste is a form of #currency debasement. cane-island.digital/currencybook

I have yet to see an #Election2024 issues list that singles out the #debt as a concern. This is not just telling, but a warning. You should be afraid. Hard (scarce) assets should be the core of-if not 100% of-your portfolio.

#Bitcoin ignition right on schedule. If in 30 days we start to feel the g-forces of acceleration, it will be an amazing but not entirely unexpected repetition of history. 🚀

#thanks!

National Treasury Employees Union, whose employees literally include people that issue #government #debt and IRS #tax collection agents, endorses Harris.

This cycle will be lower because this #economy is terrible for most people. Any increase in #money supply will be used to catch up on #debt and cost of living expenses, not 'speculative' #Bitcoin investments, or any other savings and investment for that matter. To wit: