ok. thanks. that makes sense. I'm thinking inflation-fiat. lol.

sorry, yeh I meant bitcoin inflation.

Far out

Less Issuance with ≥ Demand activates price discovery mode until exhaustion. You’d think by this time everything would be priced in but the trends remain. The ETF was not priced in. The Halving was not priced in. The SBR is not priced in. No one can predict the future, but in my view, the bigger risk lies in being unprepared for an upward move.

Indeed it has, and it almost certainly will again. Poorly informed noobs will see the performance of the last 2 years as irresistable as it continues to climb early this year and the price will hit mania phase before beginning its crash of 80% or so just as it did in 2013/2017/2021. The average mining cost is the tether to reality. If the purchase price is significantly higher than the cost to mine, like 3 - 5x the mining cost, then mania is present and it's probably a good idea to buy dollars since they're cheap so you can sell them when they are worth more Bitcoin a year later.

Morning fam

Simpsons have predicted bitcoin at $1 smh

upward move means increaased BTC value?

Let’s start the rollercoaster 🎢

Yes. What I mean by upward risk is if the price were to drop, would your view on Bitcoin's value change? In all likelihood, you’ll never buy under $50k again. There greater risk is being left behind. Bitcoin will always find a way to humble you, whether you’re in the game or on the sidelines.

Let’s hope history rhymes