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Could bitcoin reach $10,000,000 by Q1 2035? Most would dismiss it as impossible—even many long-term bitcoin holders. But two structural transformations suggest otherwise. In my first quarterly letter, I explore why this scenario may be more plausible than it seems.

42,743 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von Joe Burnett, MSBA
Joe Burnett, MSBAvor 1 Jahr

Read the full letter: Q1 2035—$10M Bitcoin →

Profilbild von Michael Anton Fischer
Michael Anton Fischervor 2 Jahren

Struggling with economic concepts? Bitcoin Nation simplifies the foundations of money and explains how Bitcoin can address issues like hyperinflation and economic instability. This accessible guide is perfect for beginners looking to understand the potential of sound money.

Profilbild von George
Georgevor 1 Jahr

The extrapolation sounds super logical to me and aligns with my thinking. The level of asymmetry in this bet is incredible over the medium to long term.

Profilbild von Tomek Ziomek
Tomek Ziomekvor 1 Jahr

Imagine normies or npc buying btc at $7mln? Idk broski. Unless hyperinflation occurs.

Profilbild von GOD EMPEROR ELON ⚡️
GOD EMPEROR ELON ⚡️vor 1 Jahr

Joe is my favorite hopium merchant.

Profilbild von WOLF Crypto
WOLF Cryptovor 1 Jahr

Let's see how it unfolds!

Profilbild von Jonathan
Jonathanvor 1 Jahr

$10M by 2029

Profilbild von God Fearing Atheist 🔸
God Fearing Atheist 🔸vor 1 Jahr

Fairly similar projections. I like them both (bottom)! As Bitcoin's market cap grows, it requires increasingly larger inflows to push the price up by the same X%. For example, I've heard a 30:1 where $1B inflows in the ETFs increase the market cap by $30B. As the total market cap increases, that percentage increase keeps decreasing ($30B/$2T vs $30B/$4T). Hence the diminishing CAGR of the Power Law over time. That' makes sense to me. Over time the yearly inflows will continue increasing, but will result in gradually lower % yearly (average) price increases. Power Law Model: Projects $1.8M per bitcoin by 2035. Saylor’s Bitcoin24 Model: Suggests $2.1M per bitcoin by 2035. Interesting about the Adidas Speedfactories - I had never heard of that before! neat! Amazing stats about gold!!

Profilbild von Inked Investing
Inked Investingvor 1 Jahr

It’s very possible

Profilbild von b·a·b·y·f·a·c·e j·o·h·n·s·o·n 👶🏻🍼
b·a·b·y·f·a·c·e j·o·h·n·s·o·n 👶🏻🍼vor 1 Jahr

In 2045 maybe

Profilbild von Jason Thomas
Jason Thomasvor 1 Jahr

Fuck off.

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