Bitcoins cagr from the beginning of the decade to now has been about 43% which seems disappointing to us as Bitcoiner’s.
But here’s some evidence we are all just delusional and fucked in the head 😂
Amazon is 32% a year since 1997
Nvidia is 36% per year since 1999
Apple is 18% per year since 1980
Warren buffet did 20% per year over the course of his investing career.
Jim Simmons 39% per year
George Soros 30% per year
Peter lynch 29% per year
Even Moore’s law itself only cagr’d at 41%
We are literally cagr’ing at 43% a year as a 1.4 trillion dollar asset and everyone is bored and underwhelmed lol amazing
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Replies (27)
I haven't seen that sentiment here, but sounds like you're looking at the degens on twitter.
In fairness they think Bitcoin is another name for Strategy. Or derivatives contracts.
Don't mind them; they'll be too broke to go online before long.
Most people bought last top and cagred at 4% or bought this top and are under wather.
All while nvidia doubled in past few months.
When you earn Bitcoin, it doesn't matter what the value in fiat is. 1 Btc = 1 Btc
Get on the Bitcoin Standard
Bitcoin is money. Use it as such.
Yeah people don’t know math. 43% up from here gets us back to $103k, already up 20% from the bottom at $60k.
I think anything less than best performance at all times is disappointing to people.
Outperforming the greatest investors in history AND Moore’s law while a tech sector crash or macro winter happens? Yeah, we’re completely out of touch. Stay bored, keep stacking. 🤝
Stunning reality check! I still want BTC to gittyyup!
dca if everyone’s friend
Really? The math is simple
Unless you believe that real inflation is greater then 43% per year you are consistently gaining purchasing power
Right, so this statement is correct on a long enough timescale.
Looking at that list, what's even more amazing is it does it without fraud and psychopathy. Just tick tock
Bitcoin’s value is built on speculation and greater fool theory, and is beginning to face diminishing returns.
In the long term, it is unlikely for Bitcoin to overperform other assets.
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This page shows Bitcoin's CAGR displayed in table and chart format. Want to know what CAGR means? Click here to learn more. Year CAGR (%) Bitcoin C...
Here for it, for my kids
Yes but also cmon we need a biblical bull run.
I feel it in my balls it is coming when we least expect it. Screencap dis.
Jim Simons - legend
I chated with him a few times
The RenTech campus near Stony Brook SUNY had free lecture series once a month
Virtually all long term employees at RenTech are multi-millionaries, even the kitchen staff
worth a listen:
MOAR CAGR PLZ
TIME PREFERENCE is a fork in the road. I watch traffic and judge 🧐
Would be cool to see your comparison of the products and services built around Bitcoin vs Monero and the acceptance/adoption rates for the two.
Move your reference to the past 5 or 6 years. Lots of long term hodlers haven't had that same performance, even with steady DCA
This is the 6 year cagr
To be fair we were told there would be BTB
People aren’t underwhelmed because Bitcoin is underperforming.
They’re underwhelmed because Bitcoin has permanently broken their expectations.
Bitcoin fixes perspective.
Probably bc 90% of people around bought in post 2020 lol
What abouy Nancy Pelosi? 🤣
The 21 million question is Bitcoin's future CAGR which, of course, none of us know.
Saylor says he is operating under a 30% assumption -- so he is quite happy to pay the first 11.5% to those willing to invest their money with him. Same with Strive, etc.
They call it digital credit. Sounds fancy and cutting edge. But it is simply a bet on future CAGR.
For my taste, better to stay humble and stay out of the prediction markets. The future of bitcoin adoption, and why people buy it in the future, will be different from the past.
hits