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Un Otaku
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Bearish
$BTC TE THEY ARE LYING BTC IS NOT GOING TO REACH $200,000 THIS YEAR!!!!! If there are $1,800,000,000,000 in BTC currently: $93,000 BTC x 19,000,000 BTC that exist (approx) then $3,000,000,000,000 would need to enter the BTC market for the price to rise to approximately $200,000.
To give you an idea, the annual GDP of the USA is $20,000,000,000.
Elon Musk has $400,000,000,000.
This means that Elon Musk could not double the price of BTC.
Do you understand what I am trying to explain?
THERE IS NOT ENOUGH MONEY IN THE WORLD FOR BTC TO DOUBLE THIS YEAR!!!!!!
Obviously, I know that the value of BTC does not only depend on the amount of money moved in the system, but also on scarcity, but that is a different topic that can affect the long term, not this year.
To give you an idea, the annual GDP of the USA is $20,000,000,000.
Elon Musk has $400,000,000,000.
This means that Elon Musk could not double the price of BTC.
Do you understand what I am trying to explain?
THERE IS NOT ENOUGH MONEY IN THE WORLD FOR BTC TO DOUBLE THIS YEAR!!!!!!
Obviously, I know that the value of BTC does not only depend on the amount of money moved in the system, but also on scarcity, but that is a different topic that can affect the long term, not this year.
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