The ultimate log chart pill for Bitcoin.
There was never a bear market. Its just been a bull market since 2009.
The ultimate log chart pill for Bitcoin.
There was never a bear market. Its just been a bull market since 2009.
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>Sometimes you see a chart that makes you salivate uncontrollably
This is that chart, user
Everybody that posts this is absolutely fucking retarded.
You must know that halving = 50% less reward per block, not 50% less bitcoin per block. The supply of bitcoin is NOT getting smaller, it is NOT becoming scarcer, the gain of miners is becoming scarcer, the supply remains 21M.
We now have scarcer supply than when halving takes place, and by the halving there will be more btcs mined compared to now. Why doesn't the price rise to 100k now?
BECAUSE YOU NEED AN INCREASE IN DEMAND
Disinflation + growing demand = price up
>Source: Reddit
>disinflation
fucking moron
Fucking based, keep digging, this how our currency should behave if the wealth was not fucking siphoned away by (((them))).
Don't sell your cones kids.
The demand for bitcoin comes from greed. All we need is a few celebrities tweeting about how much money they've made with some bitcoin, maybe elon making a couple tweets about it. Jow Forums is just a drop in the financial bucket and let's face it nobody pays attention to this shit board, we're a collection of people mocked for being "degenerate gamblers". I personally am looking forward to dumping my bags on normies at $80-90K and will buy back in at the new low of $20K in 2023.
Why Jow Forums and it's pajeets don't just come together for targeted shilling of one single coin to normie spheres is beyond me. If Jow Forums can create a worldwide CTF hunt and get the cheeto emperor into office why can't we meme ourselves into being millionaires?
>March 2018
this has literally nothing to do with halvings which is what the growth in ops chart is based on