Hey, Bitcoin enthusiasts! I've got some fascinating insights to share with you today about Bitcoin's potential to surpass gold in value. I'm diving deep into the world of cryptocurrency predictions with my BAM (Bitcoin's Ascendancy Model) projections. Buckle up! Let's break down the BAM model: X = 66,800 \times (1 + 0.938)t Y = 2,196.10 \times (1 + 0.035)t Z = \frac{19,660,000}{2{\lfloor\frac{t}{4}\rfloor}} In plain English, this equation takes into account several key factors: - (X): Bitcoin's future value - (Y): Adjustment for U.S. dollar interest rate - (Z): Impact of halving events - (P{BTC}): Current price of Bitcoin ($66,800) - (P{USD}): Current price of gold ($2,196.10) - (S{BTC,0}): Initial supply of Bitcoin (19.66 million) - (r{BTC}): Annual growth rate of Bitcoin (93.8%) - (r_{USD}): Annual growth rate of gold (3.5%) - (t): Time period in years According to my BAM projections, Bitcoin could potentially surpass gold in about 8-10 years. It's a bold statement, but one that's backed by careful analysis and consideration of market dynamics. Of course, these are just projections, and the cryptocurrency market is notoriously unpredictable. As they say, crypto's as unpredictable as a cat on a skateboard! So, what are your thoughts on my BAM model? Do you agree with the projections, or do you think I'm way off base? Let's start a discussion in the comments below! [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments