Sunday 28 February 2021
Beeple links physical and digital art on blockchain
https://www.youtube.com/watch?v=PSm1rdd1ywc&ab_channel=JMSVlogs
Predictions- DeFi and NFTs will be massive, web 3.0 blockchain tech will displace Web 2.0 companies
Starting from 2021 to 2030 DeFi, NFTs, Web 3 blockchain will disrupt many many existing sectors and even established web 2 players
Thursday 11 February 2021
NVDA stock at 610 will double if Jensen follows Tesla and puts BTC on balance sheet
NVDA share price now 610 USD so I suspect Jensen will put BTC on his balance sheet as I suspect he has billions of spare cash he does not know what to do with (assuming ARM fails to go through).
This will push up the price of ETH, which means NVDA gets more profits which means Jensen has more cash which means he can buy more BTC, which makes a positive cycle.
Tuesday 9 February 2021
I wanna be your doge
So messed up I want you here
In my room I want you here
Now were gonna be face to face
And I'll lay right down in my favourite place
Now I wanna be your doge x3
Well come on (Elon)
Now I'm ready to close my eyes
Now I'm ready to close my mind
And now I'm ready to feel your hand
And lose my mind on the burning sand
Now I wanna be your doge x3
Well come on (Elon)
(guitar solo)
Bitcoin effectively traded at 77k USD today!
Bitcoin has already been priced at 77k USD today..
Microstrategy is a 2 billion USD software company that now owns 5.8B worth of BTC so in theory its market cap is 7.8 billion USD. However it trades at a market cap of 11.8 billion.
Institutions have been buying MSTR stock as a proxy for BTC since regulations do not allow them to buy it easily.
This means BTC is undervalued or MSTR is over-valued. Or both. So if we price BTC according to the premium built into the MSTR stock price then BTC is worth much more than its current price of 46k.
This means that BTC is actually currently worth about 77k. By extension ETH is actually worth perhaps 3k today.
Don't be surprised if Apple, Microsoft, Amazon or Google launch a crypto exchange and BTC hits 1 million USD this year
50k to be hit in a week, ETH will also jump to 2.5k soon
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