View: slopechart_$BTC.jpg
slopechart_$BTC.jpg
The Daily BlipperPunk - Special Edition
Some time ago I performed the following exercise analog style. Since then, A.I. has come along.
Current Float: 2.56 million Bitcoin
About 10% of Bitcoin is used for something besides gambling every day.
Speculation ignored, Bitcoin must hold a minimum value of $6,500 per coin to support the other activity.
Current technology allows for each coin to trade up to 20x a day (and more) currently, and up to 1,000x in the future is not unlikely.
$650 and lower.
Minus speculation, Bitcoin currently represents %.0003 of the world's economic activity.
HAPPY MONDAY!
Comments
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Subtract zeroes as needed for whatever efficiency gains you can imagine. 1 week ago