Users: sandunes: 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!

Image added via SlopeCharts
slopechart_$BTC.jpg

Comments

sandunessandunes
Addendum for the Optimists: 1% of all earthly transaction activity puts King Blippy at about $22,000 per Koin. Add zeroes as needed for whatever prognostications you may have. 
 
Subtract zeroes as needed for whatever efficiency gains you can imagine. 1 week 1 day ago
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