Bitcoin hit another All Time High today $94,740 per Bitcoin
Total market cap : 1.98 Trillion
Total market cap : 1.98 Trillion
Sci/Tech Official Bitcoin to infinity ♾️ thread
- Thread starter SiLVa_ABCTT
- Start date
Bitcoin permabull American Hodl explains out the MSTR trade and why 8 months ago.
Worth a listen
View: https://twitter.com/walkeramerica/status/1766179253895233956
Worth a listen
View: https://twitter.com/walkeramerica/status/1766179253895233956
95K!
The best buys have been the 2 I've said, Doge & XRP.
The whales are "fed"eral.
It will crash when they pull a cork, whether nuclear, biological, monetarily, "force majeure", cyber, "terror" or combos.
And like any majority stockholder, they will own it all, like Rothschild & Great Britain after the Napoleanic wars.
But I'm 100% for it, because people seem to only fight for freedom when their money's involved.
The whales are "fed"eral.
It will crash when they pull a cork, whether nuclear, biological, monetarily, "force majeure", cyber, "terror" or combos.
And like any majority stockholder, they will own it all, like Rothschild & Great Britain after the Napoleanic wars.
But I'm 100% for it, because people seem to only fight for freedom when their money's involved.
But they have way less activity, and money flows coming in because of lack of use cases.
Neither have been back to the ATH, in dollar terms, when denominated in Bitcoin it’s even worse.
Those might be a good trade in a short term but long term neither have the same fundamentals that keep Bitcoin stronger, more decentralized and higher value.
It’s not even close.
97K
I can only assume the options trading for the Bitcoin ETFs is what is causing this run up.
I wonder how soon we hit 100K and what will happen at that point. Fomo is real some real money might flow in.
I can only assume the options trading for the Bitcoin ETFs is what is causing this run up.
I wonder how soon we hit 100K and what will happen at that point. Fomo is real some real money might flow in.
You're missing the fucking point as usual.
Until nuclear war, EMP's are off the table, and freedom reigns supreme universally, the superior asset class, bitcoin, is not where anyone with a brain should be speculating, and THAT is what is happening pre-peace.
ATH doesn't fucking matter, memes, psychology, and percentage matter.
Is it hard to see for you?
DOGE being up 400% in like 2 months?
Or that an auto money making machine buys btc for central banks?
Everyone gets bitcoin, and wants it.
But your day-to-day nut-busting over it like everyone should go in NOW is stupid.
They should go all in when arrests are being made for Pfizer & crooked politicians, and there's peace globally.
Converting real assets into digital wallets pre-war & HODL'ing is pee wee herman level intelligence.
When will “nuclear war, and EMP’s be off the table?” You have an opportunity to secure assets now but you rather wait for the prospect of some hypothetical Armageddon before you do that? Ok. Doesn’t make sense to me but you can do what you want.
Thinking that “freedom will reign supreme universally” is a something to strive for but very unlikely going to happen.
Nothing wrong with investing in something you think has more value than just what the current dollar price is.
ATH doesn’t really matter for Bitcoin because it’s short term and there will be higher ATHs but the ATHs do matter because they impact the memes, psychology and percentage.
Doge being up 400% doesn’t mean anything unless you have it, cash out and profit before it dumps again. It seems you’re missing the point. When Bitcoin dips there are legit reasons why it comes back up and Doge can’t.
Central banks are not currently buying Bitcoin, if you can prove otherwise, please do. And if you think they will buy it, does it not make sense to front run them?
lol sounds salty as fuck. 1st of all, I’ve been telling people to learn about Bitcoin since it was 4K. Not just NOW. You can ignore the thread if it bothers you so much cupcake.
I’m going to keep advocating that people should learn more about it and posting updates. And yes I will bust nuts all over this place as higher highs come and go. Get over it.
I’ve never said to go all in on anything but most people don’t even take the time to understand it and they should.
Holding off on securing some because of any particular geopolitical world events is really dumb. Makes no sense. But feel free to wait while everyone else secures some of their wealth in the best performing asset that exists.
I always find it funny how people that want “freedom universally” completely disregard the real universal freedom Bitcoin provides and protects against when it comes to central banks dilution of the dollar. They are their own worst enemy and constantly shit on people providing solutions to current problems. It’s just negative and counterproductive nonsense.
I have Uphold for crypto.
Don't have any bitcoin except for a small amount that was gifted to me - but I do have some XRP in there. It's doubled.
Is Uphold a good place to do this in? I keep reading about wallets but I am fucking clueless on this shit
I don’t hold any XRP. Never bought into the hype because it was started and founded by scammers and they continue to dump it so it made no sense. Even with all the shit they were promoting and marketing to gullible people that thought it would replace Bitcoin it wasn’t worth it to me.
A lot of hype to get XRP up 86% from a year ago, but even with this recent move up, it’s still way down- 65% from all time highs.
In the same year time frame Bitcoin is up over 170% and hitting all time highs almost daily right now.
A lot of hype to get XRP up 86% from a year ago, but even with this recent move up, it’s still way down- 65% from all time highs.
In the same year time frame Bitcoin is up over 170% and hitting all time highs almost daily right now.
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Doge is up 400% from a year ago and yet still down 35% from all time highs.
And this whole recent move wouldn’t have happened without Elon and the Department of Government Efficiency being memed all over the place- again just dumb money that will get diluted and dumped on because there is no real use for it.
And this whole recent move wouldn’t have happened without Elon and the Department of Government Efficiency being memed all over the place- again just dumb money that will get diluted and dumped on because there is no real use for it.
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99K!!
It will get there.
Depending on how we smash through 100K-120K could be fast. As long as no nuclear war breaks out. 😬
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Here's How Government Can "Confiscate" Your Bitcoin: Samson Mow
JAN3 boss Samson Mow explains how US government may seize institutional Bitcoin
u.today
**Gold confiscated in 1933 "voluntarily"**
Mow referred to executive order 6102 issued by U.S. president Franklin D. Roosevelt in 1933 in order to limit private ownership of gold in the country. Back then, the dollar was still on the gold standard. U.S. citizens were offered to turn in their gold "voluntarily" or threatened with a $10,000 fine or 10 years in prison (or both).
Read more on U.Today Here's How Government Can "Confiscate" Your Bitcoin: Samson Mow
Lol there is no shot at the moon with XRP.
It’s still down 44% from its all time high back in the ass end of 2017.
That’s 7 years since its last high.
When you measure in Bitcoin terms, at the all time high in 2017 you could have gotten 5,925 XRP for 1 Bitcoin.
Now it would cost 64,900 XRP for 1 Bitcoin.
Your holding an asset that’s losing value massively compared to Bitcoin. Just saying. There are reasons why XRP is a shitcoin.
I have 2 questions
@SiLVa_ABCTT .
I know a decent amount about bitcoin.
My wife and I have about $ 1000 USD in it.
She baught back when bitcoin was $20000 but got ripped off for around half of it. She didn't know shit about it back then. I was trying to explain it to her.
Anyway that's my backstory.
I'm not a bitcoiner. It's way to culty for me .
There's nobody I've ever met, in person or online that hates the entire monetary system more than me.
To call it a house of cards or ponzi scheme is a massive understatement. I mean that with no exaggeration. There's no description in the English language that encapsulates the scam.
I believe bitcoin is every bit as sound as fiat ( not a complement)
It's also not a bubble ( it will never go to zero, not even close. )
( sorry for the long preface ) I'm not going to read the books you suggest. I've already invested more than enough time on this shit. But since you have , I'll ask you.
- there's been a long standing " debate " on wether it's a store over value or medium of exchange.
Personally I think it's some bullshit created by the NSA and satoshi was not real ( beside the point.)
Question 1)
Bitcoin ain't worth shit without the dollar .
Yes or no ?
Question 2) if bitcoin was the viable currency that all people accepted ( reserve currency) ( hardest currency). What would happen in a recession???
If people are out of work, spending thier savings ect. And the bitcoin losses value.l ? Would this not result in a downward spiral. ?
In the case of the great depression the dollar strengthened. This would no happen with bitcoin ( mathematically)
Please answer these questions honestly.
They are not ment to be gotcha .I won't persist with my scepticism.
@SiLVa_ABCTT .I know a decent amount about bitcoin.
My wife and I have about $ 1000 USD in it.
She baught back when bitcoin was $20000 but got ripped off for around half of it. She didn't know shit about it back then. I was trying to explain it to her.
Anyway that's my backstory.
I'm not a bitcoiner. It's way to culty for me .
There's nobody I've ever met, in person or online that hates the entire monetary system more than me.
To call it a house of cards or ponzi scheme is a massive understatement. I mean that with no exaggeration. There's no description in the English language that encapsulates the scam.
I believe bitcoin is every bit as sound as fiat ( not a complement)
It's also not a bubble ( it will never go to zero, not even close. )
( sorry for the long preface ) I'm not going to read the books you suggest. I've already invested more than enough time on this shit. But since you have , I'll ask you.
- there's been a long standing " debate " on wether it's a store over value or medium of exchange.
Personally I think it's some bullshit created by the NSA and satoshi was not real ( beside the point.)
Question 1)
Bitcoin ain't worth shit without the dollar .
Yes or no ?
Question 2) if bitcoin was the viable currency that all people accepted ( reserve currency) ( hardest currency). What would happen in a recession???
If people are out of work, spending thier savings ect. And the bitcoin losses value.l ? Would this not result in a downward spiral. ?
In the case of the great depression the dollar strengthened. This would no happen with bitcoin ( mathematically)
Please answer these questions honestly.
They are not ment to be gotcha .I won't persist with my scepticism.
I know it’s beside the point but felt like addressing this.
It very well could have been created by someone at the NSA. It was their encryption algorithm that is used but that’s because it’s good encryption, the government still uses that for encryption. Even if it was, it’s open source code. So it really doesn’t matter who created it. Cypherpunks are where the prerequisite ideology of Bitcoin was born. And they would agree with you on the monetary system.
It’s just better money. Hard money. We price it in dollars because that’s the world reserve currency that most people measure things by today.
Bitcoin still has value even if no dollars existed. It would be denominated in something else, in fact it already is. If you lived in another country like Canada it’s already well over 100K CAN.
The properties of Bitcoin is what I believe give it its ultimate value as better money. Settlement world wide on a decentralized network. Censorship resistant digital scarcity, peer to peer transactions and monetary policy that is based on sound money principles is what makes it unique.
Sovereignty with your money like you’ve never had with fiat dollars via a bank.
Bitcoin disintermediates the banks. I think that’s of tremendous value.
Now that being said, what final dollar value it is, I think is still yet to be determined. I don’t think the dollar is going anywhere for a long time. It might not be a physical dollar into the future, shit most of them aren’t physical now anyway. But some form of digital dollar/stablecoin/CBDC will likely always be around. And with further surveillance of all our digital data, I’d rather have my money in something that’s limited supply, decentralized and not under the government’s control or any other single entity.
Hard to say. It’s a hypothetical situation.
If bitcoin were to become a global reserve asset, it would have to herald a new era of fiscal discipline. Unlike fiat, bitcoin's fixed supply imposes natural constraints on government spending, which would in turn force policymakers to operate within the bounds of sound money principles. Recessions might not even happen. At least that is the theory.
Reckless deficit spending, forever wars, and currency debasement would become relics of the fiat past. A bitcoin-based financial system wouldn’t just rein in excess, it would also encourage investment in ultra-long-term, ambitious projects. Bitcoin could be used to underwrite energy resource development and infrastructure revitalization. Freed from the distortions of fiat monetary policy, markets could allocate capital efficiently(not in crypto bullshit or other nonsense tech bubbles), fostering an explosion of productive growth.
Again, this is all speculation in theory. It’s way too hard to say one way or another but I do have a more positive outlook. But ultimately, I don’t have a crystal ball either.
I'll never shit on 180% gains.
And I'm not comparing it to bitcoin. I'm well aware I missed that boat. LMAO. Been fun to watch from the sideline though.
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I don't even know how to respond. Read you're own post/s.
I'm not trying to be a belligerent dick head.
Do you understand how unsatisfactory your answer is?
Im not going to harras your page. I appreciate your response.
BTC will ontntinue to go way up . That's for sure. I'm happy for you/s.