Will Bitcoin Hit $1,000,000 After The Halving?
Blockware Podcast · Mitchell Askew
Show Notes
Joe Burnett is joined by "Rational Root" to discuss Bitcoin scarcity, the halvings, the "diminishing returns" theory, and why the future is incredibly bullish.
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Joe: https://twitter.com/IIICapital
Root: https://twitter.com/TheRationalRoot
Blockware: https://twitter.com/BlockwareTeam
00:00 Intro
00:59 Blockware Marketplace
02:02 How much BTC is actually available for trade?
12:33 Is the theory of “diminishing returns” legit?
21:25 Examining historical Bitcoin data & on-chain analysis.
25:33 Bitcoin HODLers are now in control, unlocking savings technology.
30:33 Why didn’t Bitcoin hit $100k in 2021?
34:15 Bitcoin demand, 4 year cycles, and psychology.
38:58 Was Spring 2021 the true market top?
42:05 What caused the 2022 bear market?
51:15 BTC, Global Liquidity & Macro.
56:41 Closing thoughts.