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re: Why are so many ppl still hung up on the “non-physicality” or “non-productivity” of BTC?
Posted on 3/5/24 at 9:28 pm to TigerTatorTots
Posted on 3/5/24 at 9:28 pm to TigerTatorTots
So I could have bought a single BTC in 2012 for $6 (which I looked at doing and decided no), and I could trade that one BTC today for a $65,000 car?
And this seems normal or typical?
How can anyone predict if BTC will be worth $10K or $100K the end of 2024? Seems like both are equally possible.
And this seems normal or typical?
How can anyone predict if BTC will be worth $10K or $100K the end of 2024? Seems like both are equally possible.
1
Posted on 3/5/24 at 9:42 pm to Grinder
quote:
How can anyone predict if BTC will be worth $10K or $100K the end of 2024? Seems like both are equally possible.
Supply/demand
Demand far out pacing supply right now, mostly due to the ETFs. Then in about 1.5 months, the supply gets cut in half for the next 4 years. If demand continues at this pace, it will further accelerate the imbalance
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