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Martin Mladenov
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🇧🇬 Bulgarian coder working with PHP and JS, a Bitcoin maxi driven by financial freedom. Huge Nostr fan and all about that decentralized life! #bitcoin #nostr
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mvmrik 7 months ago
Gold’s market cap is sitting at $22.341 trillion, while Bitcoin’s is at $2.197 trillion, with its current price at $110,584. First, we need to know how many Bitcoins are out there. If we divide Bitcoin’s market cap by its price, we get roughly 19.87 million Bitcoins in circulation, which makes sense since we know the total supply is capped at 21 million and about 19.7 million are already mined by now. Now, to beat gold, Bitcoin’s market cap needs to go just above $22.341 trillion—let’s say $22.342 trillion to be safe. If we take that number and divide it by the number of Bitcoins, we’re looking at a price of about $1,124,399 per Bitcoin. So, Bitcoin would need to hit around $1.124 million to surpass gold in market cap! Pretty wild, right? image
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mvmrik 7 months ago
I just deleted my youtube channel about Bitcoin. I had been giving it serious attention and trying to upload quality content. There were a lot of people who liked what I was doing. Google decided that the channel didn't follow the rules of omnipresence without pointing out anything specific. I never uploaded anything illegal, giving links to exchanges, giving financial advice, etc. Just information about Bitcoin. Apparently according to Google it is illegal. So I decided to just delete the channel and not upload anything to this platform.
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mvmrik 7 months ago
If Bitcoin's price reaches $152K, it will overtake Apple in market capitalization.image
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mvmrik 7 months ago
Up to $150K for Bitcoin would be a bore. Once it reaches 150K there will be euphoria. Then it will drop to 130K and everyone will complain. Then it will reach 200K and so on.