DoomPosting
Peter Thiel thinks Bitcoin won’t go up that dramatically from here “Already got the ETF”
Biggest Bitcoin bull wave of all time?
— 2011, and it’s not even close
Bitcoin expected annualized returns continue to get smaller each year, forever
Drawdowns likewise smaller
Returns still good, but Bitcoin alone no longer enough to be printing peanuts into palaces
Price forever going higher,
but climbing rate forever slowing
Full-on communists now embracing bitcoin. No longer the big ballsy move it was over a decade ago
You didn’t think it’d be that easy, did you anon?
Bigger returns require being more ahead of the curve
Thiel wasn’t wrong
— 2011, and it’s not even close
Bitcoin expected annualized returns continue to get smaller each year, forever
Drawdowns likewise smaller
Returns still good, but Bitcoin alone no longer enough to be printing peanuts into palaces
Price forever going higher,
but climbing rate forever slowing
Full-on communists now embracing bitcoin. No longer the big ballsy move it was over a decade ago
You didn’t think it’d be that easy, did you anon?
Bigger returns require being more ahead of the curve
Thiel wasn’t wrong
💯2
Terrifying chart #2
Again, what if the size of the outsized BTC returns are gradually converging to something tiny, e.g. tvm?
Totally plausible.
Is BTC still a great long-term investment?
Sure.
Likely still well above most public market stocks, and better drawdown profile than before
Still wifechanging money returns?
Probably not.
Regular retards likely to screw it all up if they try to outperform bitcoin?
Sure.
Never underestimate human stupidity.
So it’s so over?
Ofc not. Bitcoin’s likely never going away, and will continue to excel, but it’s far from the last huge thing there will ever be.
In fact, number of huge opportunities may be increasing, at least for now.
But be early.
Again, what if the size of the outsized BTC returns are gradually converging to something tiny, e.g. tvm?
Totally plausible.
Is BTC still a great long-term investment?
Sure.
Likely still well above most public market stocks, and better drawdown profile than before
Still wifechanging money returns?
Probably not.
Regular retards likely to screw it all up if they try to outperform bitcoin?
Sure.
Never underestimate human stupidity.
So it’s so over?
Ofc not. Bitcoin’s likely never going away, and will continue to excel, but it’s far from the last huge thing there will ever be.
In fact, number of huge opportunities may be increasing, at least for now.
But be early.
🔥3😱1🏆1
All signs point to German govt
+ Dumping to cover their own overspending,
+ Massive incompetance in not even realizing what are the superior ways to conduct such sales, as more competant govts have done before
+ Zero care because, like with airdrops, they see their cost basis for these stolen coins as zero
+ Dumping to cover their own overspending,
+ Massive incompetance in not even realizing what are the superior ways to conduct such sales, as more competant govts have done before
+ Zero care because, like with airdrops, they see their cost basis for these stolen coins as zero
😡4