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humblebitcoiner | 2 months ago (raw) | export | reply | flag +9 
 Gold reached a market cap of $18T

$900,000 bear case for #Bitcoin
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mike | 2 months ago (raw) | root | parent | reply | flag 
 That’s not accounting for the 4M lost coins!
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humblebitcoiner | 2 months ago (raw) | root | parent | reply | flag 
 Fair enough! But I thought that every trillion added is around +$50,000 in btc price
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mike | 2 months ago (raw) | root | parent | reply | flag 
 If you’re looking at the price at which Bitcoin will have parity with gold, it’s around $1.125M

But increasing fiat debt, increasing gold price and gold supply, and newly mined BTC change that over time.
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AbstractEquilibrium | 2 months ago (raw) | root | parent | reply | flag 
 $0.46 USD / BTC is indeed bearish