40 Year Rough Estimate Long

Bitcoin / United States DollarCoinbase

Description

⋅ Mar 13, 2024 9:49 PM

This chart looks silly, I know. Turn on log to see it a bit better. It sounds absurd, but so does just about any market.

The only thing I can see stopping this is a return to the gold standard. As long as money can be printed for free, it will. Bitcoin can't.

I suspect we'll start seeing the qSAT (quadrillionSAT) shorthand or something, because you can always add more zeroes.

Comments

brettfb

⋅ Mar 13, 2024 9:51 PM

People will call this stupid, but look at the current chart with logarithmic off (or even on) and the early days of BTC look basically the same - a flat line and then suddenly, movement.