RE: RE: How much longer do you think it will last???
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RE: How much longer do you think it will last???

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-Bitcoin launched January 3rd, 2009
-Bitcoin protocol autonomously halves block rewards every 4 years (220,000 blks “I think”)
-first major bull run occurred 2013
-second bull run 2017
-last bull run 2021

Do you see a pattern?

They say history doesn’t actually repeat itself — but it does rhyme.

In the past, about 6mo the after the “halving” supply shock catches up to the demand and prices go up and up into the discovery zone.

The next halving is May ‘24, which means we’re about a year out from the “real” beginning of the bullrun… 🤷‍♂️

However, this time may be different as there is institutional money — and National resources (reserves) — poised to enter. It has been ironic, and indeed serendipitous, that world events have seemingly aligned with btc’s halvings… you’d think it would be the other way around , but the halvings are fixed and immovable — and so they do not respond to anything else. But that is more of a personal theory.

But check this out: everyone with a brain out there knows that the metals are in the accumulation phase. As “paper” price gets slammed the big guns are buying the phyzz tonnes ‘cause they know what’s coming. welshstacker@welshstacker touched on this yesterday Re: the dwindling prominence of the USD and BRICS coming on hard! Would it not also make sense to see a Gold bull in about a year?

Now both BTC and Gold may still yet get the monkey fist in the short term, but I would hazard a guess that accumulation and “cost-averaging” is what the top guns are doing…

Anyway, check out chart below: it is a “stock to flow” chart. The vertical dotted lines are the 4yr halvings.

Thus, we have a year of ambiguity and indecision while the whales slowly slurp up all the dips, halving in May 24, next actual bull-run starts Fall ‘24 and peaks shortly thereafter — although that could be like a Supernova in slow-mo… but think 3months (ish)

Alts trip hard a few months after that as people take profits and load up on fantasy coins —> even if some of them really are gonna’ go the distance. Go Pepe!

I’m a believer D, but I’m also a pragmatist and a gambler. I hold some btc and some Alts and spend time everyday looking and learning about it, and all I can really say with certainty is:

Honey Badger don’t care!

But it does do math very well, and follows a long slow trajectory of emission, that has shown us the model for price.

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Who loves yaz!!?

⚡️✨🤘😎🤘✨⚡️

@thedamus: -Bitcoin launched | Ecency