My starting assumption as we enter this bitcoin bull market is that we’ll see 2 mini bull runs. The first one started a few months ago, driven by the improving global liquidity conditions and the optimism over a US Bitcoin spot ETF. This run-up will probably grind steadily upward until the ETF is approved (likely … Continue reading Bitcoin will see 2 mini bull runs, and BTC > $100K may become the new normal
In some important ways, Bitcoin can be understood as an emerging religious movement. A newly-created, digital-native organized-religion for the 21st century. Whether you like Bitcoin or hate it, you can probably agree that people in the space have an almost evangelic level of passion and fervor. Sometimes annoyingly so, as the existence of r/buttcoin proves. … Continue reading How Bitcoin is the first digital religion: from rituals to saints to schisms
There are two analysts that I closely follow for levelheaded analysis of Bitcoin price and potential. The first is Bob Loukas who tweets occasionally and publishes regular YouTube videos: https://www.youtube.com/channel/UC0zGwzu0zzCImC1BwPuWyXQ The second is David P Bitcoin who tweets regularly and publishes a monthly Substack: https://twitter.com/davidpbitcoin I want to share a few excerpts from David’s most … Continue reading My favorite (reasonable) Bitcoin price analysts: @BobLoukas and @DavidPBitcoin
tldr: Ethereum’s market cap will surpass Bitcoin’s by 2030 I think that over the next 2 halving cycles, Ethereum’s market cap will overtake Bitcoin’s. I own both assets and probably will for a very long time. Below are the reasons why I think this will happen. This is a very draft-y article, but I wanted … Continue reading Why Ethereum will eventually flippen Bitcoin
Many people think of bitcoin as digital gold. And that is true, but bitcoin is also much more. This misunderstanding is part of why bitcoin is still so undervalued. For example, bitcoin is both a bearer currency and a payment network. It’s like the USD + PayPal, if they were inseparable from each other. Admittedly … Continue reading If gold were just like bitcoin…
