fillippone
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June 06, 2019, 05:47:51 PM



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#Bitcoin aiming for 100trillionUSD (after 2028)?!
All physical commodities are nicely lined up on the stock-to-flow / market value grid.
I added diamonds (S2F19, market value $1.5trn).
Bitcoin seems to grow towards the 1 free spot on the S2F periodic table

https://twitter.com/100trillionUSD/status/1136569340692770816

PlanB every day surpassing, BTC>Rocket.

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Great work as always! If we pessimistically project (straight line) the MC of BTC to 50T some day and remove the aprox 4M BTC lost,
it will get us to a BTC price of aprox. $3.000.000/BTC. Stack them sats man!!

https://twitter.com/Wuuzzaa1/status/1136582427403534337

I am a great admirer of Plan B, but this graph has a great problem:
Diamonds are way more common than tough on the Earth, and the only reason why they retain an high value is strict supply side management by the only one producer of such.
De Beers not only manage roughly 90% of Diamond production, carefully managing how much diamonds get on the market (so they are actually able to tilt the SF on the upside), but also are controlling the nascent business of artificial diamonds.
They are using their massive financial power to buy and put out of business every artificial diamond producer, threatening the production of diamond at a lower price than anyone else can sustain (seems counter intuitive, but dumping the nascent market is actually very effective way to put a lot of competitors out of business).