Global Arena Holding Inc (GAHC)

[AAAtrades]

If you think about it, Bitcoin is basically like the gold price and GAHC is a gold exploration company.

This is why GAHC will generally move much higher in correlation to the Bitcoin price. It is by no means a perfect correlation but a correlation nonetheless.

I have been binging on youtube videos about the blockchain etc. and the more I look into it, the more it seems to suggest that bitcoin price will continue to go higher by an order of magnitude.

Let's assume that in our optimistic case for Bitcoin, the monetary base grows to $1 trillion dollars within ten years, which would represent a fraction of the U.S. dollar's total money supply and about half the value of the global market for gold. We could then divide this monetary base by the total number of bitcoins expected in circulation by 2024 (thanks to the known mining schedule). With 21 million BTC in circulation, we could see a $50,000 bitcoin with a $1 trillion monetary base.