@thetrutherpill@Atinsgod@MarioNawfal Aren’t you looking with eye patches on? Europe is massive, there is a big difference between low, middle, upper middle and high classes. There are many millions living comfortably in Europe.
A guy on Bitcointalk drew this in Excel in 2013 when bitcoin was $25. He never touched it again. It’s still 100% right ,let's see what it predicts...
On the 13th Feb 2013 a user called dacoinminster dumps whatever price history he can find into a spreadsheet, lets Excel fit a power trendline, and writes it down:
Price = 4.42 × 10⁻¹⁷ × (days since Jan 3, 2009)^5.6
He wasn’t building a theory of money. He was arguing 2011 had been the bubble and 2013 wasn’t. The line said about $27 that week. Price was $25.
Nobody refit it. No “updated for this cycle.” Same two numbers for 13 and a half years.
Let's take a look at how this formula predicts Bitcoin's price in the near future.
Detailed explanation in first comment below and see chart as well pls. 👇👇👇
@righetous9195@ekwufinance US national debt was $3 trillion in the 80s. It's $40.1 trillion today. Debt-to-GDP was around 30-50% and is now over 120-125%. I’m no economist, but that looks like no bueno.
@chicagolawyerRE@ekwufinance US national debt was $3 trillion in the 80s. It’s $40.1 trillion today. Debt-to-GDP was around 30–50% and is now over 120–125%. You’re right, everything is fine.
@DayTrader_Steve@damskotrades I didn’t say you would get 60k again. “Best entries” depends on your definition but the fact is we are just at the start of the bull market and pull backs are normal.
@Geiger_Capital Trump is just a puppet like all the other presidents have been. There’s a bigger plan behind it all and the president doesn’t have any say in it - they only execute.
@Hye7910z@benjamincowen I have breaking news for you, you will be screwed either way. You still think the two parties are any different - they all work for the same boss.