Published 8 Oct 2026, 14:30 UTC · fetched 6 Nov 2026, 14:18 UTC
Sminston With 👁
@sminston_with
Did you know you can measure Bitcoin the way you'd measure a factory? 🏭 It costs $50.4K in machines and electricity to produce one coin. It sells for $83.3K. So you're paying a 39% markup over production cost. Here's what matters. Across sixteen years, every time that markup was under 35%, Bitcoin was higher twelve months later. Every single time, no exceptions. Above 65% markup? Higher only 37% of the time. Today's 39% is at the cheap end of that range, and 70% of the last five years were pricier than right now. Might make sense to pick some up. NFAView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 82952.53 / 82638.89 − 1 = +0.4%d × r = +0.4% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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