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The Power of Bitcoin: Joe Burnett on Saving Wealth at Scale & Hyperbitcoinization

The Bitcoin Matrix

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How Extreme Bull and Bear Markets Affect Bitcoin

Markets are the most efficient pricing mechanism humans have discovered during times of high energy gravity. Market participants act in their own self interest to close this arbitrage opportunity. Investors start mining just to make US dollar profits and have no intention of holding Bitcoin. Capital simply has other even more attractive opportunities mining Asic manufacturing data center, build outs power production,. That competes with spot Bitcoin bids. Price peaks are not necessarily caused by more self pressure. Instead, it could simply be a lack of new spot bids.

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