JUST IN: INVESTING LEGEND PETER BRANDT TELLS COINDESK #BITCOIN WILL HIT $300,000 TO $500,000 IN THE NEXT 4 YEARS
"AN INVESTING LOW IS SCHEDULED FOR SEPTEMBER OR OCTOBER OF 2026"
"THAT LOW MIGHT OR MIGHT NOT PENETRATE THE FEB 2026 LOW"
"THE NEXT HIGH WILL BE BETWEEN $300,000 AND $500,000 IN SEPTEMBER OR OCTOBER OF 2029."
BUY THE DIP WHILE YOU STILL CAN
2/ We live in a world of persistent online tracking. Lightning fixes this.
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Time for #ProofOfKeys??@TraceMayer@NickSzabo4
PS—@100trillionUSD, there’s a lot more #bitcoin lending today (specifically, fractional-reserve off-chain phantom claims to bitcoin) vs the last halvening. Fractional reserving suppresses price. How might that impact your SF model?
@bitstein stock-to-flow model is inherently bitcoin only!😮
Going to be hard to deny the worthlessness of altcoins if the model is still correct in a couple years.
Oct 19, 2019: The current Mayer Multiple is 0.90 with a $BTC price of $USD 7,967.86 and a 200 day moving average of $8,809.58 USD. The @TIPMayerMultple has historically been higher 73.52% of the time with an average of 1.48. Learn more at: https://t.co/9n0xlTWuNP
@AwyeeDeaterBob@notgrubles Necessary distinction. If I have BTC on kraken, then I have Kraken BTC not BTC via Kraken. But if I have Bitcoin on Lightning, then I own my keys and I possess BTC via Lightning
I am 2 feet out the door of this current financial system.
I'm already mentally living in 2050.
And even if I dump all of my $ into this invisible ₿ thing,
I would rather be broke knowing I did my part trying to change the world,
Than continue supporting a broken one.
@AleksSvetski@american_hodl@TraceMayer@PeterSchiff Not a chance in hell Central banks use gold as an attempt to maintain central authority over money? I'm not sure if they will or not but to think gold is gonna go without a fight from it's largest owner is wishful thinking
@american_hodl@TraceMayer Gold is still a good hedge against Fiat. I imagine as Bitcoin grows, the fraud found by https://t.co/KMlYy72WqK will become more publicized and gold will re-price much higher in an attempt to challenge BTC for monetary dominance
@AdamPaulMoore@coinbase@udiWertheimer If you have a bank account attached, you have to unlink that, then try to close. Coinbase should really notify the user on this page...
@VladZamfir@VladZamfir I'm afraid that this incentive wouldn't prevent contentious hard forks, just make them less secure when validators possibly remove funds