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From $10k, it’s a 50x when it hits the MC of gold and a 1,000x when it replaces fiat money globally.
I couldn't find one person who knew how to buy it in 2012. Then I spent time sofa surfing & abusive relationships and crapy part time jobs. This year I moved back in with the folks & hit 1Bitcoin.
Hoping I can hit 2 Bitcoin but that's a pipe dream!
Maybe after 5 years or so I can actually ENJOY MY LIIIIIIFE
Thank you Bitcoin!!!
Now I got my mum on it!
Governments will do everything in their power to prevent this. Including placing BTC holders in mortal peril. They will, of course claim you are a criminal for possessing the asset to feign justification for your demise when you attempt to "resist justice".
Hey, TGC! Great video. What we're looking at is the INVERSE to the Law-of-Diminishing-Returns! — Get $ome
great video
But wait, I’m a dummy. What is the place to invest and how much? Links? Any direction, please ??
unbelievable stuff 🙂 great input
I get notifications way late. Like after a day on this channel.
The bots are controlling Bitcoin so if it even makes $12K by years end, I will be happy, but not very happy.
Add links to the charts beo
What happens when all the BTC is nearly mined out and miners drop off? Won't BTC be vulnerable to attack?
Im always buying BTC, every dip. In it for the long haul.
Wow great information. Very exciting. Great vid to show skeptics!
This forecast completely overlooks the consequence of a new fiat with the gold-backed standard restored. After the dollar crashes, why wouldn't that restoration happen? Hasn't China, Russia, and others been aggressively collecting gold in the last several years? Wouldn't they want to be the next world reserve currency? Haven't they been planning for that outcome? Bitcoin Bulls have acknowledged a return to gold backed money would dissipate Bitcoin's future swell.
Amazing, thanks Phil.
Great content Phil! You have been constantly educating us with fundamental information and not just speculation 🙂 I will make sure to give a nice donation when the time will come 😉
One of the best YouTube videos on this topic I’ve ever seen. Shows a true and deeper understanding than most. Thank you for the insight
Thanks Phil, this video was enlightening. As for the "stock to flow " indicator, I can't seem to locate it in trading view. I typed several keywords and nothing. If you could shed some light. Appreciate it
First time I've heard of this indicator, very educational. Makes me feel better for holding on to Bitcoin through 2018 while the price was getting crushed. I was really wanting to use Cryptos as part of my retirement plan but according to your analysis its not going to get "interesting" until 2024-25 time frame. Guess I shouldn't quit my day job just yet. Thanks
Excellent post! Thanks!
Bitcoin is all speculative and doesn't have any true value
10million is nothing… I'm waiting for 1billion dollar bitcoins.. lol
Well done Phil… great work as always! ???
Let it fall or buy now? comment below! 🙂
Dang Phil you are the mad scientist of BTC! What an AWESOME VIDEO, I like following the smartest guy in the room with things i get into. Wowsa!!!!
Great job Phillip.
who is going to keep running the machines when the last BTC is mined? Giving its essential goal is to be decentralized (meaning in the hands of as many people as possible). The mega farms going to compete just for the sake of trying to be the one that gets 51% bandwidth and steals/deletes (for the lels) all data? I think POS might be one solution for the future and imo ultimately, in the distant future there will be many interoperable blockchains based around POS (or more advanced governance) with real market value and not just bunch of millennials trying to dump on each other.
How do you consider manipulation of gold, silver or Bitcoin in perspective of stock to flow? Do you agree that manipulation on the long term is irrevelant?
Wow! Thanks a million Phil! Time to start considering the social responsibility of wealth…this can and hopefully will be the start of a responsible consciousness toward mankind. Exciting times for sure
I will be thanking myself ten years from now for accumulating BTC these days. It's inevitable. Awesome video. ?
Wow awesome insights, this is amazing! Thank you! I will HODL my BTC !!!