Tim Cook is stepping down after 15 years at Apple. The stock returned 20x on his watch. One of the best CEO runs in history.
In that same window of time, bitcoin is up over 7,500x. No CEO. No board. No quarterly earnings. No company.
No other asset comes close.
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@BitcoinNewsCom I am not comfortale with such people associating themselves with Bitcoin in the UK. It just makes the job of education and adoption so much harder
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@ZeroHedge_ The UK and AUS special forces (SAS & SBS) would probably disagree. The difference is they would be in and out, with no fanfare and no fuss and more importantly, no noise.
$300,000 BITCOIN IN 2 YEARS... WITHOUT A BULL RUN?!?!
The Bitcoin bears looked at a 15 year trend structure, a massive drawdown, historically strong forward returns, and a market cap target that still leaves Bitcoin tiny relative to gold, then bravely concluded, “hmm yes, impossible.”
In this video, I walk through the statistical case for $300,000 Bitcoin in 2 years without needing some foam-cannon, cocaine-yacht, CNBC-meltdown blow off top.
Just a reversion toward trend. Just math. Just history.
Just the kind of perfectly ordinary Bitcoin move that sends macro tourists into cardiac arrest.
I break down:
Why $300k is closer to trend reversion than euphoric mania
Historical 2-year forward returns after brutal drawdowns
Why long flat periods in Bitcoin have often preceded savage upside
The market cap math, and why the target is far less insane than the bears want you to think
The funniest part is that the “responsible” people are once again acting like pattern recognition is a psychiatric disorder.
The chart says one thing. The data says one thing.
The bears, as always, are conducting grief counseling in the comments.
Welcome to Bitcoin:
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My nephew turned 3 today.
Everyone else brought toys.
I got him 5 shares of $BTC
15 years later, I hope he looks at it and thinks:
uncle Billy got me started.
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We’re giving away 1x Jade Plus to one of our followers 🎉
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