MultiversX Tracker is Live!

The Final USD Price pt2

Bitcoin Reddit

More / Bitcoin Reddit 105 Views

As a follow up to my initial post, I'd like to provide clarification on a few things.

  1. Total World's Wealth ($) / # of bitcoin in circulation = Final USD Price of Bitcoin
  2. When Bitcoin achieves the Final USD price in point #1, the entire world will be valued equally by both the USD & BTC paradigms.
    1. This has to happen in order to move to a bitcoin standard.
    2. This is likely to be a moment/instant in time.
    3. We will likely only know this after the fact.
    4. When this point is achieved, any additional dollars printed afterwards only make USD worth less and will not make BTC increase in value any more. After all 21M = 21M :)
  3. No matter how high the USD value is for point # 1, it is an achievable number which we will see in our lifetimes. How?
    1. More people DCA into cold storage.
    2. Wall St shows up and creates the spot ETFs.
    3. When the spot ETF's are required to purchase bitcoins to 'back' the fund, available btc supply will be very low due to reduced block rewards + increase in DCA and cold storage.
  4. The Final USD Value for Bitcoin will also be the First Satoshi Value for Earth:)
submitted by /u/mikeb550
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments