Songbird Ecosystem

Ethereum

songbird

Prophet

Telegram

Twitter

Discord

ZERO

Pro Shares became famous last summer when it announced it would be unveiling the United States’ first bitcoin-based exchange-traded fund (ETF). Pro Shares Has Gone from Hero to Zero Many analysts and traders had mixed feelings about the product. On one hand, traders in the U.S. would now be gaining access to a product they [&#8230;]

The Pro Shares Bitcoin ETF Has Seemingly Crashed

BTC bears have successfully suppressed Bitcoin price below $25,000 for 147 daily closes, but derivatives data shows no desperation from pro traders

Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish

LINK

&lt;table&gt; &lt;tr&gt;&lt;td&gt; &lt;a href=&quot;https://www.reddit.com/r/Bitcoin/comments/ynt13h/video_pro_bitcoin_bitcoin_is_matrix_crypto_valuta/&quot;&gt; &lt;img src=&quot;https://external-preview.redd.it/oZHJweAUkB32sNFnGtdn51VfX-dPZUXb6QIiuqQVzB8.jpg?width=320&amp;amp;crop=smart&amp;amp;auto=webp&amp;amp;s=9dc75770cd75718abbfc35e70b136be51c693ca9&quot; alt=&quot;Video pro bitcoin bitcoin is matrix crypto valuta&quot; title=&quot;Video pro bitcoin bitcoin is matrix crypto valuta&quot; /&gt; &lt;/a&gt; &lt;/td&gt;&lt;td&gt; &amp;#32; submitted by &amp;#32; &lt;a href=&quot;https://www.reddit.com/user/nesto5&quot;&gt; /u/nesto5 &lt;/a&gt; &lt;br/&gt; &lt;span&gt;&lt;a href=&quot;https://www.youtube.com/watch?v=K_KmURoU0jE&quot;&gt;[link]&lt;/a&gt;&lt;/span&gt; &amp;#32; &lt;span&gt;&lt;a href=&quot;https://www.reddit.com/r/Bitcoin/comments/ynt13h/video_pro_bitcoin_bitcoin_is_matrix_crypto_valuta/&quot;&gt;[comments]&lt;/a&gt;&lt;/span&gt; &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

Video pro bitcoin bitcoin is matrix crypto valuta

&lt;!-- SC_OFF --&gt;&lt;div class=&quot;md&quot;&gt;&lt;p&gt;&lt;strong&gt;I understand assumptions are bad, I am not a prophet, and we have no idea what the future holds. This is nonetheless a fun exercise, and I would be interested in hearing what people think. Please, I am not trying to predict the price, it is just an exiting task.&lt;/strong&gt; &lt;/p&gt; &lt;p&gt;Assumption is that the following are somewhat constant: &lt;/p&gt; &lt;ol&gt; &lt;li&gt;Demand for bitcoins &lt;/li&gt; &lt;li&gt;Hashrate &lt;/li&gt; &lt;li&gt;Energy prices &lt;/li&gt; &lt;li&gt;Hardware costs&lt;/li&gt; &lt;/ol&gt; &lt;p&gt;In 2044, the mining reward will be ~0.0977 BTC. With the above assumptions, 1 bitcoin should be worth ~$1,000,000 then. &lt;/p&gt; &lt;p&gt;In 2056, the mining reward will be ~0.0122 BTC. With the above assumptions, 1 bitcoin should be worth ~$10,000,000. &lt;/p&gt; &lt;p&gt;Thinking: &lt;/p&gt; &lt;p&gt;As far as I can tell, the above four factors are more or less what dictate the value of the mining reward in fiat terms, which is currently, ~$125,000. &lt;/p&gt; &lt;p&gt;Bitcoin price = Mining reward in dollars / mining reward in bitcoins&lt;/p&gt; &lt;p&gt;And, the four factors are all likely to go up, rendering the above numbers quite bearish.&lt;/p&gt; &lt;/div&gt;&lt;!-- SC_ON --&gt; &amp;#32; submitted by &amp;#32; &lt;a href=&quot;https://www.reddit.com/user/Leading-Fail-7263&quot;&gt; /u/Leading-Fail-7263 &lt;/a&gt; &lt;br/&gt; &lt;span&gt;&lt;a href=&quot;https://www.reddit.com/r/Bitcoin/comments/yaztxs/do_you_disagree_with_this_thinking/&quot;&gt;[link]&lt;/a&gt;&lt;/span&gt; &amp;#32; &lt;span&gt;&lt;a href=&quot;https://www.reddit.com/r/Bitcoin/comments/yaztxs/do_you_disagree_with_this_thinking/&quot;&gt;[comments]&lt;/a&gt;&lt;/span&gt;

Prophet Prijs

Mijn Notities

Crypto Converter

Bezittingen

Invloed Metrieken

Gerelateerde activa

Trending Cryptocurrencies

Vergelijkbare marktkapitalisatie

Prophet Nieuws

The Pro Shares Bitcoin ETF Has Seemingly Crashed

Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish

Video pro bitcoin bitcoin is matrix crypto valuta

Do you disagree with this thinking?

Controleer ook Prophet Prijs Op