me neither.

maybe the old ATH, but even the old ATH have never really been a problem to bitcoin.

usually once the bull run has started, it doesn't really stop at anything.

Which phase are we in?

Well yes, obviously you can't go from $0 to $1 million with nothing in between, but what i mean is that the dream of many people who think a slow growth is natural or ideal is literally impossible.

It either grows exponentially (and due to that one law of which is can't remember the name from, that states that the value of a network is N^2 where N s the number of users, t's actually and exponential function of an exponential function, as you can also see in the chart), or it doesn't grow at all (and withers and dies).

although there might be time periods where it doesn't grow because it lacks traction, but as long as growth picks up again later that's fine, and perfectly natural.

you're wrong, slow adoption is impossible.

either we reached the limit of what bitcoin will ever become, or we will see exponential growth.

Save yourself, and come back to us....


 

Fak gave up on bitcoin and went awol.

Buy youre Trezor now, $20 discount  

MUST LISTEN To THIS

https://www.hvst.com/posts/66742-raoul-pal-the-era-of-doing-nothing-and-getting-paid-for-it-is-over

Raoul Pal: "The Era Of Doing Nothing And Getting Paid For It Is Over"
Today's podcast is a little different. I speak with Raoul Pal and we cover a number of topics, running from one to another as they crop up. I hope you'll enjoy it as much as I always enjoy speaking with Raoul.

For those of you who've never heard of Raoul - he is first and foremost one of the most congenial, open minded, and thoughtful guys you could ever have the pleasure of discussing the truly mind boggling and fascinating world of global macroeconomics with.

He's also a world renowned global macro investor, an investment strategist, economic historian, traveler, rum drinker, and co-founder of Real Vision TV, together with Grant Williams who I spoke with some time ago. Here's some of the topics Raoul and I cover in the podcast:

The end of financialization of the economy. The era of doing nothing and get paid for it is over. Why Raoul thinks that’s a good thing (especially if you’re an entrepreneur) and he also lays out the way to profit from it.
Why markets around the world are so fragile today and why the investment environment is so dangerous, especially for less liquid investments.
Helicopter money - as Raoul said, “We’re getting there, it just depends which format we’re going to get.”
Why debt is like 700 beers (plus Raoul’s take on the possibility of a debt jubilee).
Which chart is showing one of the biggest head and shoulders tops in history.
How Raoul looks at Bitcoin and why he thinks Bitcoin has a huge runway (but with one important caveat)... and why - on the other side - he doesn’t see a lot more runway left in startup investing, or as Raoul calls it, “lottery ticket investing”.
Why venture capital is, in fact, in a "terrifying situation".
And much more.

Your guess is as good as mine. I like Cameron's guess of $40,000

As far as the Gibraltar ETI...I thought there was already something similar in Switzerland. I'm really not a big stock market guy, I just think it opens up to a lot of big investors. Plus I could invest my tax deducted retirement into bitcoins (if I paid taxes).

The more people who are able to check a box at work to have some of their retirement go toward a bitcoin investment the higher the price will go. That is a market not yet tapped. And it is huge.

The part about the Winklevoss twins being impatient implies that they are still actively trying to get this to work and by changing exchanges they are showing that they're willing to do what it takes to get it done.
 
As far as lowering the price? No. We already see that people are willing to spend double the bitcoin price for bitcoins on the exchange market if they have a broker handling it. The more people who are able to check a box at work to have some of their retirement go toward a bitcoin investment the higher the price will go. That is a market not yet tapped. And it is huge.

It's all speculation as to when it will happen though. They said that it usually takes 2 years from the initial filing. It's been over 3 years.

That is a market not yet tapped. And it is huge

ETF is bullshit (not bullish). winklewees are ever failing wannabes burning through daddy money.

trading paper coins will certainly not lead btc price higher.

just look at how gold ETFs are used to lower its price, flooding the market with their monkey gold.

What happened to Fak, did he abandon his post?