You probably first heard of Bitcoin in 2013 or 2017 when friends and family were talking about the wild swings in price. Bitcoin’s market cycle is typically around 4 years and some hypothesize the cycle is induced by halvings (a reduction in new supply). The idea being a reduction in supply + increase in demand = number go up. We can call this Bitcoin’s viral marketing loop. Satoshi describes it succinctly:
Really great read Dan. I have been scratching my head about this super cycle and wether or not it will play out. Please talk about it more, specifically price targets. IE- bitocin going to “100k” then drawing down to “30k”. Thanks dan!
You mention great content that makes it easier to turn non bitcoiners into beleivers. I am trying to get my mid 50s parents to invest, any suggestions on what to share with them?
Brilliant content as usually. This is the Bitcoin`s century. A gift made by men for men. I`ll defend and support this gift for the rest of my life, things so beatiful and precious like this happen few times in a century.
Really wonderful article Dan, Thank you! I believe everything written to be spot on. This cycle definitely has a very different feel
to it. The fomoing in of these large institutions has given it the super solid legs to rise upon. As mentioned, we are lucky enough to be alive for this amazing event in human history where, as a collective, we’re actually moving towards doing something right. Something that actually helps propel humans forward, to actually evolve as a species.
I don't understand how it is different? I mean it just feels like the same schema is repeated every 4 years but at a larger scale. This is what logarithmic chart is about! In 4 years when half the planet had heard of BTC and when many more services will start to accept BTC, we will say it's different. But imo we will repeat the same schema again at a 10x scale. The only time it will be different is when it can not scale anymore.
1995, after Andreesen dropped the first browser on us, thru 2000, it was only whitepapers and a ton of ideas, most lacking, that were pulling in millions upon millions from VC's -- reminiscent of 2017 ico's -- after the crash, a few quiet years passed and a lot of good work was done, and then the market established itself with good tech that got widespread adoption... We are in the 'good tech & adoption phase', and given the financial, political, and social situations, we are at an inflection point. The next 12 to 36 months will be whats in future history books. We are front-running the biggest financial transition in history -- fascinating times.
A Bitcoin Supercycle
Really great read Dan. I have been scratching my head about this super cycle and wether or not it will play out. Please talk about it more, specifically price targets. IE- bitocin going to “100k” then drawing down to “30k”. Thanks dan!
You mention great content that makes it easier to turn non bitcoiners into beleivers. I am trying to get my mid 50s parents to invest, any suggestions on what to share with them?
Great article, Dan!
Brilliant content as usually. This is the Bitcoin`s century. A gift made by men for men. I`ll defend and support this gift for the rest of my life, things so beatiful and precious like this happen few times in a century.
As always, invaluable content Dan which I just sent to family! Happy Holidays, and HODL on!
Great work Dan and I'm glad I found you..
I own Zero Coins. How much of a portfolio do you think should be in Bitcoin?
Fantastic article! Thank you!
Really wonderful article Dan, Thank you! I believe everything written to be spot on. This cycle definitely has a very different feel
to it. The fomoing in of these large institutions has given it the super solid legs to rise upon. As mentioned, we are lucky enough to be alive for this amazing event in human history where, as a collective, we’re actually moving towards doing something right. Something that actually helps propel humans forward, to actually evolve as a species.
To reach 100 K next year, we need about 10 K appreciation per month. keeping my fingers crossed, sounds unbelievable. Love your writings and podcasts.
What are your thoughts on some other factors 1) ETFs 2) BTC moving off Exchanges 3) Government Regulation. Do you think these has impact (pos or neg)
I don't understand how it is different? I mean it just feels like the same schema is repeated every 4 years but at a larger scale. This is what logarithmic chart is about! In 4 years when half the planet had heard of BTC and when many more services will start to accept BTC, we will say it's different. But imo we will repeat the same schema again at a 10x scale. The only time it will be different is when it can not scale anymore.
Maths are strong 💪😳
Am I wrong?
Really great to re-read this article, thanks DAN!
Excellent writing. Congrats
Do you think Bitcoin will drop at all? And how do you feel about Ether and Link?
Thanks,
Someone late to the party but loves to party!
1995, after Andreesen dropped the first browser on us, thru 2000, it was only whitepapers and a ton of ideas, most lacking, that were pulling in millions upon millions from VC's -- reminiscent of 2017 ico's -- after the crash, a few quiet years passed and a lot of good work was done, and then the market established itself with good tech that got widespread adoption... We are in the 'good tech & adoption phase', and given the financial, political, and social situations, we are at an inflection point. The next 12 to 36 months will be whats in future history books. We are front-running the biggest financial transition in history -- fascinating times.