Been seeing this floating around Twitter:
“Take a look at the past halvings:
2012 BTC halving:
Price: $182
After a year: $510
2016 BTC halving:
Price: $661
After a year: $2,600
2020 BTC halving:
Price: $8,600
After a year: $58,000”
And I find it interesting…here’s why:
In 2012 we saw a 2.802197802197802x
In 2016 a 3.933434190620272x
In 2020 a 6.744186046511628x
Notice anything? Or the lack there of? WHERE ARE THE DIMINISHING RETURNS?!
From 2012-2016 there was a 1.403696122927235x in returns
From 2016-2020 there was a 1.714579606440072x in returns…
Due to the lack of metrics in the grand scheme it is difficult/ineffective to try and establish a pattern SO EARLY. Believe me we are SO EARLY. BUT…
Following the numbers we have so far, it would not be surprising to see a 2.094315983925094x in returns when comparing 2024 to 2020…
This would mean potentially a 14.12445663577389x in the year following the halving!!!
This seems too good to be true, and I’m planning on sticking to my predetermined plan for #Bitcoin accumulation…BUT I would not be surprised to see a ~$390k+ #Bitcoin by 2025.
Don’t get me wrong NGU is the least of my worries…but I do believe you must first appreciate NGU to fully appreciate 1 #BTC = 1 #BTC.
Thank you for joining my Ted Talk! Sorry that it was so long winded! 😅
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@RepMaxineWaters@SBF_FTX This tweet is tone deaf as hell. SBF should be brought up on fraud charges rather than being thanked like he’s doing people a favor