Bitcoin 2013
Engineer/Humorist
Just Bitcoin, baby™
BSA: Bitcoin Saves America™
Bitcoin is the tip of the spear™
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@tortomus@GaryCardone IMHO, yes.
an abrupt S-curve, Bitcoin price adoption is most unlikely. Up and to the right will be the trend logarithmically (very much Saylor-like prediction actually)
@GaryCardone the 20 yr estimate graph reflects the "average retail cost to mine 1 Bitcoin" of $85K in June 2026. Although Oppenheimer claims it's $87K.
If $60K Bitcoin price persist, expect hashrate to modestly decline the next 2-4 weeks & miners turn off inefficient equipment to wait it out
@GaryCardone@dotkrueger it's a BUYING opportunity this far below the retail cost to mine 1 Bitcoin.
The Retail cost to mine 1 Bitcoin is currently at $85K
@Quantum_Profit@100trillionUSD it's all related. miners turning off machines is a sign of a bear market and the lowering of Bitcoin prices. 20% downside in the Bitcoin price for such situations (or slightly lower absent an FTX/Luna type of apocalypse)
@100trillionUSD Bitcoin price predictor: using 'retail cost to produce 1 Bitcoin' as a guide. With 20% downside always on the table due to market turbulence and miners turning off machines