This is what I saw in @100trillionUSD model when he first revealed it. It gives a great valuation for not only bitcoin but gold and silver too (and other similar assets). It's super powerful for relative valuations and outright valuations for all these assets. Amazing work.
@jeitoapp @PrestonPysh@JeffBooth I agree entirely. You've been seeing it in Japan since 1989 and you're seeing it in the US now: gov buys equities in (and eventually owns) the stock market .
@PrestonPysh@JeffBooth The simplicity is striking:
1. Technology is exponentially deflationary
2. To maintain a 2% INFLATION target, debt must grow exponentially
3. Meaning money must be devalued exponentially
4. Which props up asset values exponentially
5. Which hurts the "have-nots" exponentially
@DimiDimiDimii@PrestonPysh@JeffBooth Wonderful summary. If I can:
1. Technology is exponentially deflationary
2. To maintain a 2% INFLATION target, debt must grow exponentially
3. Meaning money must be devalued exponentially
4. Which props up asset values exponentially
5. Which hurts the "have-nots" exponentially
@TeddyCleps QQ: what timeframes do you personally use this for? I'm an amateur trader and focused on 4H+ timeframes - can it be used for that?
Really loving the visual of this thing. Thanks for making it available!
@scottmelker Awesome! How old?
I've got a 9-month old that has recently mastered trying to pull himself up to stand and smashing his face into the wall/furniture/etc
Monday I will publish my third article!
Title is "Bitcoin Stock-to-Flow Cross Asset Model".
Tweaking text, finishing calculations & charts, preparing for review🤞
In short - if considering Bitcoin accumulation for long-term positions which will be held for at least 1 year, "dollar cost averaging" (buying in increments over the next 30 days) should be a good strategy.
Thank you Patrick for sharing this DM, it's a great example of miner capitulation/deathspiral FUD
- 2012&2016 halving data shows that difficulty will NOT adjust downward, but will keep rising post halving
- Miners have ALREADY invested in new hw and are prepared for -50% revenue