Wednesday, December 30, 2020 5:28:00 PM
@real_vijay
If you had the worst timing on earth and bought the exact top of the 2017 #Bitcoin
bull market, you would be up almost 47% today, for an annualized return of almost 14%.
Try having such awful timing and getting such incredible returns anywhere else.
If you had the worst timing on earth and bought the exact top of the 2017 #Bitcoin bull market, you would be up almost 47% today, for an annualized return of almost 14%.
— Vijay Boyapati 🦢 (@real_vijay) December 30, 2020
Try having such awful timing and getting such incredible returns anywhere else.
Looking To 2021
Due to these facts, when I’m looking ahead to 2021 I can hardly contain my excitement. I am most excited to see how bitcoin mining impacts the energy production and power-generation industries. It is also exciting to see governments get involved in mining due to the fact that Bitcoin is an immutable energy-demand market. There is nothing to slow down this growth throughout 2021.
I fully expect more governments to announce some kind of oversight, nationalization and commitment to the process of mining bitcoin. I fully expect the network hash rate to grow above 275 Th/s (about 100 percent growth from its current level) before the end of 2021. I fully expect the price to rise above $75,000 before the end of the year.
https://bitcoinmagazine.com/articles/mining-institutional-adoption-and-community-voice-defined-bitcoins-2020
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