Bitcoin Confession (Patreon)

I spent a large part of the afternoon working on my fifth model to estimate the true number of wholecoiners. The results are startling, and I'll be sharing them in a video in the next few days.

The scarcity of wholecoiners is staggering. There will be FAR LESS than 1 million people in the world who will ever own one whole Bitcoin, and the number is shrinking every day. This scarcity makes Bitcoin a very attractive asset, and I believe that it is only a matter of time before the price of Bitcoin explodes.

My worst-case scenario is that Bitcoin will reach 600,000 by 2030. This would represent a 20x return from today's prices. Given the scarcity of wholecoiners and the potential for future growth, I believe that this is a very conservative estimate.

The scarcity of wholecoiners is only going to increase over time, so the math is making me extremely bullish, more than ever before.

I will buying in at the next Layer Out Level below at 29.26K and change. Bigger buys 3x if we go to 27.2K etc.