As the market bleeds a little today you'd think it was World War 3 out there.
Devastating losses!
The infinite greed of the market has no bounds. Even during a mega-bubble year where everything is massively overvalued:
MOAR MOAR MOAR MOAR WEN WEN WEN WEN
It's embarrassing really.
Get a grip.
Bitcoin Doubling Curve
| 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|
| $100 | $200 | $400 | $800 | $1600 |
| 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| $3200 | $6400 | $12800 | $25600 | $51200 |
Once again, just as a reminder, Bitcoin can crash all the way down to $16k right now and the price is still doubling perfectly every year. Of course it's not going to do that. We are only x3.25 above the curve during a mega-bubble year, and history has shown that the price will go x10-x15 the curve at the next peak. Considering bullish scenario after bullish scenario popping up left and right, I'm gonna say closer to x15 the curve. That's $384,000 BTC at the end of the year. Or perhaps 'only' $256k... QQ
In any case, there's a lot of crazy stuff going on. Mindsets are flipping bullish. Morale is gaining some traction. There are a lot of milestones around here that are going to be hit or will be hit soon that should give a lot of users some hope for the future.
Unit-Bias #1: Triple Digit Blog Rewards!
Users see that third digit and start to get excited.
Much wow, very three digits.
You'll know we're near the peak when we hit 4 digits.
Easy x10
Massive upvotes
My upvote is approaching that mythic $10 level.
Already up to $7+... Being able to generate over $100 in raw inflation a day is a unit-bias extravaganza.
Can't dust this!
Even my 1% upvote is now higher than 2 cents. That means that my bare minimum upvote won't get dusted by the witnesses and they will pay out actual rewards.
$1 LEO
We did it! LEO smashed the $1 mark. Wowsers! We've dipped a bit recently due to the peg to ETH, but Q2 is just about to start so no worries there. April 1 is still the best day to buy Bitcoin for the last ten years. See for yourself on the charts!
I'm also very interested to see how the new LEO peg holds up: Of course I'm referring to our peg to BNB on the bLEO/BNB LP farm via CubDeFi. Which peg will be stronger? BNB or ETH? Or perhaps LEO will forge its own path as it often does.
$50k BTC & $100k BTC
These are huge unit-bias levels. Already made it past $50k, and I'm almost certain that $100k will get broken before June is over. Six figure BTC gonna generate a lot of hype.
$1 Hive
This is a huge one. When Hive hits $1 again, users gonna go nuts. When Hive finally flips Steem again, people gonna go bonkers.
Conclusions
Lots of milestones hit and many more within the grasp of the mega-bull market. Only a week longer until stinky Q1 is gone and Q2 reigns supreme. Summertime going to surprise a lot of folks.