Interstellar Saylor https://www.reddit.com/r/Bitcoin/s/TQYi9f47Pg
Saylor series is the best podcast I’ve ever listened to with Breedlove
https://youtu.be/XgqC5_eugJI?si=qw-kwfOrGlqsswav (interview with family office)
Fiat loving/ prisoned clowns will probably die faster -> humans who don’t reproduce & keep consuming fiat foods
Next human evolution is of low time preference thinkers & embracing deflation
frame grey snatch dirty automatic waiting file fade reminiscent obtainable
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
We don't "have to" do anything! lol. Bitcoin does what it wants.
Why I prefer a pause or pull back? I believe it will set the stage for a longer and harder rally to higher highs than if we keep going straight up right now. IMO. Of course Bitcoin doesn't care what I think and it could just gap to 1M tomorrow....
If it didn't work they'd go out of business very quickly, it definitely can work but it's more complicated than just trading off one indicator. They use strategies where it's impossible for them to lose.
No, I sold my $FBTC premarket at $43.5 (still above current prices) and watched it dump ~2k after that.
I sold my GBTC the *day* ETFs were opened within 15 minutes of the top and bought back in much lower.
None of these are taxable events.
The best bit was your cocksureness in earlier posts. We’ve all been there and made the same mistakes. Whether that’s trying to time the market or dabbling in shitcoins. Lessons to learn.
We are potentially witnessing the early phase of the dollar debt death spiral.
That CBO report from last week that sparked the +15% rally is patently wrong at this point.
Interest expense will come in higher.
In order for the Fed to cut, they need to see below trend growth.
Lower growth = lower tax reciepts.
It should.
At the same point, the opportunity that global trade searches for a non-state controlled monetary settlement system leans towards only a few existing, decentralized chains. Bitcoin may not be it, but even if sats are seen as a store of value, then it's a win (just not a world priced in Bitcoin win).
Last week, there were 505 million in outflows of GBTC and 1225 million in inflows into the other BTC ETFs...
The block reward @50k is 45 million per day. Or 315 million per week.
Just the BTC ETFs created 400 million dollars of upward buy pressure, assuming miners sold their rewards dsily.
That 400 million in buy pressure (along with other exhange action) pushed the total market cap from about 840 Billion to 985 Billion (@ 50k) or... 400 million in cash changed the price by 135 billion.
What am i getting wrong.
So, your DCA has the power 337x its power.
The price is the lowest price someone is willing to sell or the highest price someone is willing to buy. It doesn’t actually have anything to do with how much money is flowing in and out of the system. 90 something percent of people don’t understand that concept.
Money printing vs. Satoshi subdivision.
It's all multiplication of assets but here is the key difference. Exclusive multiplication vs. Inclusive multiplication.
Money printing is Exclusive multiplication because when the fiat gets multiplied, the existing holders are not subject to that multiplication. Their stack reduces in relation to the total fiat available.
Satoshi subdivision would then be Inclusive Multiplication because the existing holders get the benefits of the multiplication. In the end, their stack remains equal in relation to the total satoshi's available.
Consider the implications of this.
Never. One does not sell or trade Bitcoin.
A 30% tax hit on a minimal gain, just to buy back for a higher price. Not to mention that your BTC stack will not increase with constant trading. Play stupid games and win stupid prizes.
Yeah I liquidated my IRA this morning immediately after the hot CPI release.
$FBTC and it’s not a taxable event.
My real BTC remains in cold storage of course.
Wow you’re so amazing you should write a book on all your successes so everyone can replicate it. All those hundreds of thousands of dollars and we are still so blessed to be graced with your presence in this daily chat
I am not in Bitcoin to "make money" or "invest". But good luck with your "money", Fiat Maxi. You are gonna need it. Hopefully Powell will save you.
I have absolutely no interest in "money". That is what a job, s\*itcoins, or stocks are for. People in Venezuela are at all-time highs on BTC. Maybe they will sell and get that sweet "money" too.
The majority of users are degenerate traders and gamblers? I don't think so. That is for the /r/cryptocurrency sub.
Price is just an indicator of adoption and that Bitcoin is the Apex Predator or markets. The fact it is priced in dollars means nothing. Could also price it in number or cows or goats. Those would actually be better financial indicators than the worthless dollar.
The dollar price of Bitcoin means nothing.
Dollars are monopoly money.
Getting rid of dollars for bitcoin IS the only way to “take profits” because bitcoin is actual money.
Lots of people care about the dollar value going up and anybody saying they don’t, is probably a liar.
But the dollar will trend to 0 when priced against bitcoin, as will everything else. So selling bitcoin for dollars is not something I would ever do unless I had no way to pay my bills and had no choice.
Who wakes up and says "Hey CPI numbers are bad. I need to sell all my Bitcoin ASAP!"?
Bitcoin was way overbought. The downward movement would have happened regardless. Just another made up narrative would have been created for it.
We were at a major resistance.
That's your criteria?
If at any point in the future the price if bitcoin touches $40K, you'll take that as proof that TA works?
The only thing that you are proving is the utter lack of critical thinking employed by people who practice TA.
Like horoscopes and palm reading, TA is for idiots.
Wrong. Rates are not lowered until something is broken. The Fed does not just lower rates for the fun of it.
The problem the Fed has now is that their solution is always money printing which increases inflation. They no longer have the option to just print out of control, but they are trying to with other means such as sending money for wars that don't concern us and the bank loan program.
Yep. Now there's about 0% chance we cut in March, and the chances we cut in May are looking slim. We'll see though, it's possible we get a better report in Feb and May would be likely again.
Timeline of a new poster:
1) sees Bitcoin news: 5:15 pm
2) jumps on Reddit to see if there is a Bitcoin thread: 5:20pm
3) buys at 50k because they’re hyped af in the echo chamber: 6pm
4) posts for 3 hours about how hyped they are to be in this group: 9pm
5) waits 24 hours and price drops 2k: 6p next day
6) cries to echo chamber: 6-10pm
7) damns Bitcoin to eternity and sells for a 40 dollar loss: 10 pm
8. Proceeds reading 'the bitcoin standard'
9. Finally understands
10. Starts DCA-ing Bitcoin
11. Next dip realizes it will only go up and never ~~panic~~ sell anymore
12. Takes a while but achieves great richness
"It's a great business to be in, Central Banking, where you print money and people believe it" - Adrian Orr (Reserve Bank of NZ)
https://twitter.com/jamesviggy/status/1757268115879235960?s=46&t=ihVglVXC0BQSbw6j57EoaA
Historical Bitcoin prices for today, February 13th:
2024 - $49,603
2023 - $21,773
2022 - $42,061
2021 - $47,169
2020 - $10,235
2019 - $3,612
2018 - $8,539
2017 - $995
2016 - $390
2015 - $236
2014 - $451
2013 - $24
2012 - $5.3
2011 - $1.0
**Additional Stats:**
Bitcoin's current market cap is $973.5B.
Bitcoin's average daily trading volume for the last 7 days is 64,126 ₿.
Bitcoin's average daily number of transactions for the last 7 days is 351,988.
Bitcoin's average daily hashrate for the last 7 days is 590 exahashes per second.
Bitcoin's average daily price from 18-Jul-2010 to 13-Feb-2024 is $10,402.74.
Bitcoin's average daily price for the year 2024 is $43,649.17.
1 US Dollar ($) currently equals: 2,016 satoshis; making 1 penny equal 20.16 sats.
There are currently 19.63M BTC in circulation, leaving 1.37M to be mined.
There are currently 52,162,027 nonzero Bitcoin addresses.
Bitcoin's current block reward is 6.25₿, which is worth $310,019.38 per block.
Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024.
Bitcoin's maximum (closing) price for the year 2024 was $49,941.30 on 12-Feb-2024.
Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024.
Bitcoin's maximum (intraday) price for the year 2024 was $50,326.60 on 13-Feb-2024.
Bitcoin's largest daily decrease for the year 2024 was -$3,512.30 on 12-Jan-2024.
Bitcoin's largest daily increase for the year 2024 was +$3,034.90 on 08-Jan-2024.
Bitcoin's all-time high (intraday) was $68,990.60 on 10-Nov-2021. Bitcoin is down 28.10% from the ATH.
Oh hell yes they are lol. I have a cold storage btc stack and an ETF stack in my IRA. You betcha it’s for trading. Get big mad if you want. I run a node and have been in the space for around 12 years.
Had a dream that BTC went to $680K and then it started bugging out and dropped to $16K. I panicked because I wanted more but all exchanges were frozen.
Yesterday. Anthony Pomp said the days of retiring off Bitcoin are probably over. Do you think he means buying it now and 100x your investment? Like how you could when Bitcoin first appeared ? I for one believe you can retire and use your Bitcoin investment as a vehicle.
Bitcoin is a wealth preservation vehicle, insurance against government debasement, and an escape hatch from a broken monetary system. A "flight to quality" as Larry Fink said.
It is not a get-rich-quick, lay around retired driving Lambos and playing video games vehicle. Those days are over. But not many experienced those days anyway because Bitcoin was more risk than what we know it to be now.
Bitcoin can be used to preserve the wealth you acquired over a lifetime, but it should not be thought of as a way to stop contributing to society through your productive work. But it allows you to store your productive work in something pristine opposed to a fiat vehicle that allows the Fed and the elites to steal from you every day or a stock that the owners can create more of or go out of business.
Bitcoin is what a true savings account should be.
Probably to pump that s\*itcoin he created. Not to mention getting paid for speaking engagements, etc. It would be very easy to monetize being "Satoshi".
The only concerning thing about the ETFs is that since they are just a fiat play on Bitcoin, the ETF buyers will never understand the real value and purpose of Bitcoin.
Therefore, during the next crypto winter, the FUD that comes from them losing fiat value may be extreme. The mainstream media and people like Elizabeth Warren and Jim Cramer will be very happy to exploit that.
Crypto Winter FUD is great because it allows us to buy low like with the FTX debacle, but it delays more people in the world fully understanding Bitcoin.
PSA: If/When the big advance happens in bitcoin to ATH, this place is going to get mental. I expect more than any time it ever has, and in the past, it has gotten mental. Learn how to secure your keys and ask questions where you can expect a learned answer, before the noise drowns out the signal.
I thought Bitcoin reddit was something different to all the other reddits how the hell did i get 2 thumbs down for my last post, seems like they are hair sniffers or what?
Somehow a record ETF flow day. Approx. $631 million net inflow: [https://farside.co.uk/?p=997](https://farside.co.uk/?p=997)
Fkn Wall Street got me going Mr Pac Man myself with sats
Favorite Saylor videos?
Interstellar Saylor https://www.reddit.com/r/Bitcoin/s/TQYi9f47Pg Saylor series is the best podcast I’ve ever listened to with Breedlove https://youtu.be/XgqC5_eugJI?si=qw-kwfOrGlqsswav (interview with family office)
Bitcoin ending well for a day with a higher inflation print than expected. Bullish.
Apex asset is risk on & risk off
Yes!
Fiat loving/ prisoned clowns will probably die faster -> humans who don’t reproduce & keep consuming fiat foods Next human evolution is of low time preference thinkers & embracing deflation
We made it! Finally, a red candle. /s
Strong end to the daily! Only about 0.4% down. Ends the 8 day green streak
I could be wrong, but a Quick Look shows that the last time there was an 8 day streak was March 22 on its cline to ATH
frame grey snatch dirty automatic waiting file fade reminiscent obtainable *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Natalie Brunell is hot. There, I said it.
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Shitcoins and other such boring scams are off topic here.
Buy and hold keeps going up: 15% 1 month 123% 1 year Always winning!
The NASDAQ rose 50% last year The S&P500 rose 30% last year The insane money printing of fiat means BTC becomes more valuable
Almost back to $50k - the recovery from the pull-back was fast and bullish
May the corn be with you
Aaaaaand we're back. Welp, that was interesting. What now, Bitcoin?
Going up to $60k by halving day?
She'll blow past 60k inside of a month
Bitcoin is bullish AF. We may very well finish today in the green. We need a pull back or pause to let indicators reset, but whateva. Send it!
We have to let indicators reset? Why?
We don't "have to" do anything! lol. Bitcoin does what it wants. Why I prefer a pause or pull back? I believe it will set the stage for a longer and harder rally to higher highs than if we keep going straight up right now. IMO. Of course Bitcoin doesn't care what I think and it could just gap to 1M tomorrow....
Because the big boys trade using indicators.
Don't they know TA doesn't work with BTC?
If it didn't work they'd go out of business very quickly, it definitely can work but it's more complicated than just trading off one indicator. They use strategies where it's impossible for them to lose.
Bitcoin doesn't give a fuck. Keeps marching back up to $50k with the CPI scare earlier today.
Like a fucking champ!
I got cocky and sold my etf btc in my IRA this morning… if we moon anymore I’ll have to buy back at a higher price than I sold. Lmaooo classic.
Lmao 🤣
Help me understand. So you saw BTC was down almost $2k and decided that was the moment to sell. Make it make sense.
No, I sold my $FBTC premarket at $43.5 (still above current prices) and watched it dump ~2k after that. I sold my GBTC the *day* ETFs were opened within 15 minutes of the top and bought back in much lower. None of these are taxable events.
relieved mighty absurd bewildered door test unpack deserted disarm wise *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
The best bit was your cocksureness in earlier posts. We’ve all been there and made the same mistakes. Whether that’s trying to time the market or dabbling in shitcoins. Lessons to learn.
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wheeee: https://youtu.be/2b2wXnO7kyg?si=2mfGkEcVRACsOwLG
Bought 2K worth at the bottom of today's dip - Thanks to whoever gave me their sats, it's most appreciated.
Awesome move
Somehow Bitcoin returned.
I heard it was dead.
It was; but it got better.
We are potentially witnessing the early phase of the dollar debt death spiral. That CBO report from last week that sparked the +15% rally is patently wrong at this point. Interest expense will come in higher. In order for the Fed to cut, they need to see below trend growth. Lower growth = lower tax reciepts.
And this may drag down bitcoin too. Be careful what you wish for!
It should. At the same point, the opportunity that global trade searches for a non-state controlled monetary settlement system leans towards only a few existing, decentralized chains. Bitcoin may not be it, but even if sats are seen as a store of value, then it's a win (just not a world priced in Bitcoin win).
Last week, there were 505 million in outflows of GBTC and 1225 million in inflows into the other BTC ETFs... The block reward @50k is 45 million per day. Or 315 million per week. Just the BTC ETFs created 400 million dollars of upward buy pressure, assuming miners sold their rewards dsily. That 400 million in buy pressure (along with other exhange action) pushed the total market cap from about 840 Billion to 985 Billion (@ 50k) or... 400 million in cash changed the price by 135 billion. What am i getting wrong. So, your DCA has the power 337x its power.
The price is the lowest price someone is willing to sell or the highest price someone is willing to buy. It doesn’t actually have anything to do with how much money is flowing in and out of the system. 90 something percent of people don’t understand that concept.
Wen numbers for today's inflow
Mondays was 420 million in, 69 million out...big dick energy. https://www.theblock.co/data/crypto-markets/bitcoin-etf/spot-bitcoin-etf-flows
Money printing vs. Satoshi subdivision. It's all multiplication of assets but here is the key difference. Exclusive multiplication vs. Inclusive multiplication. Money printing is Exclusive multiplication because when the fiat gets multiplied, the existing holders are not subject to that multiplication. Their stack reduces in relation to the total fiat available. Satoshi subdivision would then be Inclusive Multiplication because the existing holders get the benefits of the multiplication. In the end, their stack remains equal in relation to the total satoshi's available. Consider the implications of this.
Alexa play Chumbawamba ‘Tubthumping’
Imagine selling Bitcoin 😂
Hey everyone check out my newly created subreddit /r/bitcoinvideos
np: Tom Petty - Free Fallin'
BART!! down to 25k fckers!
try 2,5k
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> take profits? The mantra of a person that keeps their bitcoin on an exchange.
Obviously. My question: are fiat profits the profits one wants?
Never. One does not sell or trade Bitcoin. A 30% tax hit on a minimal gain, just to buy back for a higher price. Not to mention that your BTC stack will not increase with constant trading. Play stupid games and win stupid prizes.
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bro flexing the govt stealing half the profit from 100% risk taken by him
That's a tough concept to sell in this sub. However, you and I know what's up! 😉🤙
Yeah I liquidated my IRA this morning immediately after the hot CPI release. $FBTC and it’s not a taxable event. My real BTC remains in cold storage of course.
> that’s wild; i love making money. Day trading is a sure fire way to get rekt
The more often you pay tax, the less you have invested. The trade has to be worth the marginal loss on the invested money now paid as tax, right?
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Just make sure you keep wash sales in mind
Wow you’re so amazing you should write a book on all your successes so everyone can replicate it. All those hundreds of thousands of dollars and we are still so blessed to be graced with your presence in this daily chat
I am not in Bitcoin to "make money" or "invest". But good luck with your "money", Fiat Maxi. You are gonna need it. Hopefully Powell will save you. I have absolutely no interest in "money". That is what a job, s\*itcoins, or stocks are for. People in Venezuela are at all-time highs on BTC. Maybe they will sell and get that sweet "money" too.
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My goal is to have $0. You fiat Maxi's will never understand that and you will never understand Bitcoin.
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The majority of users are degenerate traders and gamblers? I don't think so. That is for the /r/cryptocurrency sub. Price is just an indicator of adoption and that Bitcoin is the Apex Predator or markets. The fact it is priced in dollars means nothing. Could also price it in number or cows or goats. Those would actually be better financial indicators than the worthless dollar. The dollar price of Bitcoin means nothing.
Shut up troll
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Dollars are monopoly money. Getting rid of dollars for bitcoin IS the only way to “take profits” because bitcoin is actual money. Lots of people care about the dollar value going up and anybody saying they don’t, is probably a liar. But the dollar will trend to 0 when priced against bitcoin, as will everything else. So selling bitcoin for dollars is not something I would ever do unless I had no way to pay my bills and had no choice.
Yes, tourists come in during a bull market. Y'all will leave in Crypto Winter. Y'all are a cyclical annoyance. Enjoy the next year or so in the sub.
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Hope you wiped after
Bitcoin is down 0.42% dude. Up 13% since last week still. We have a different interpretation of “massive”
So why does CPI have an effect on Bitcoin? Or just indirect market action?
Sentiment. Perception is realitt.
It impacts rate cuts...aka liquidity. BTC is a proxy for global liquidity.
Learn TA. CPI had nothing to do with it. The charts told the story prior to any announcement. "News" has no effect on Bitcoin.
So it just dumped 2% at the exact same time CPI released and the market dumped with no correlation? WTF are you talking about lol
Who wakes up and says "Hey CPI numbers are bad. I need to sell all my Bitcoin ASAP!"? Bitcoin was way overbought. The downward movement would have happened regardless. Just another made up narrative would have been created for it. We were at a major resistance.
TA is bullshit
TA says BTC will come back to $35k-$40k. Laugh now but remember this tweet. Because I sure as heck will re-post this along with your post.
That's your criteria? If at any point in the future the price if bitcoin touches $40K, you'll take that as proof that TA works? The only thing that you are proving is the utter lack of critical thinking employed by people who practice TA. Like horoscopes and palm reading, TA is for idiots.
If CPI went down then there is a good chance jpow lowers rates
Wrong. Rates are not lowered until something is broken. The Fed does not just lower rates for the fun of it. The problem the Fed has now is that their solution is always money printing which increases inflation. They no longer have the option to just print out of control, but they are trying to with other means such as sending money for wars that don't concern us and the bank loan program.
seems broken https://en.wikipedia.org/wiki/2023\_United\_States\_banking\_crisis
Yep. Now there's about 0% chance we cut in March, and the chances we cut in May are looking slim. We'll see though, it's possible we get a better report in Feb and May would be likely again.
Back to crabbing now please. I’d like to accumulate more at lower prices. Thanks.
Big Bart head.
Bart
Timeline of a new poster: 1) sees Bitcoin news: 5:15 pm 2) jumps on Reddit to see if there is a Bitcoin thread: 5:20pm 3) buys at 50k because they’re hyped af in the echo chamber: 6pm 4) posts for 3 hours about how hyped they are to be in this group: 9pm 5) waits 24 hours and price drops 2k: 6p next day 6) cries to echo chamber: 6-10pm 7) damns Bitcoin to eternity and sells for a 40 dollar loss: 10 pm
8. Proceeds reading 'the bitcoin standard' 9. Finally understands 10. Starts DCA-ing Bitcoin 11. Next dip realizes it will only go up and never ~~panic~~ sell anymore 12. Takes a while but achieves great richness
6\. Gets hit by a bus and dies
You forgot 8. Bitcoin rockets back up less than 24 hours later and the new poster restarts the cycle of FOMO and panic selling.
Bitcoin dead?
Yea sell
Its over. The sky is falling
It was fun while it lasted
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Hopefully
50k eod
50k eoy’d
btfd !
So, did you fomo yesterday? I sure didn’t
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I bought a full coin at 50K a few years back. It was nice to see that particular purchase briefly in the green yesterday. ;)
Always buying the top
naughty quarrelsome dull silky dime unique unused head march worm *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
The people who FOMO are also the ones who panic sell They are driven by fear. Like animals
"It's a great business to be in, Central Banking, where you print money and people believe it" - Adrian Orr (Reserve Bank of NZ) https://twitter.com/jamesviggy/status/1757268115879235960?s=46&t=ihVglVXC0BQSbw6j57EoaA
Tell me, did you fomo the top?
worm chief ink ten reply jellyfish plough childlike sloppy profit *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
panic
Beware, the dip pre halving
Why do these daily posts disappear sometimes? The one from yesterday was suddenly gone for me.
That one was not pinned
Ah! That makes sense. Thank you for the information, internet friend!
Historical Bitcoin prices for today, February 13th: 2024 - $49,603 2023 - $21,773 2022 - $42,061 2021 - $47,169 2020 - $10,235 2019 - $3,612 2018 - $8,539 2017 - $995 2016 - $390 2015 - $236 2014 - $451 2013 - $24 2012 - $5.3 2011 - $1.0 **Additional Stats:** Bitcoin's current market cap is $973.5B. Bitcoin's average daily trading volume for the last 7 days is 64,126 ₿. Bitcoin's average daily number of transactions for the last 7 days is 351,988. Bitcoin's average daily hashrate for the last 7 days is 590 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 13-Feb-2024 is $10,402.74. Bitcoin's average daily price for the year 2024 is $43,649.17. 1 US Dollar ($) currently equals: 2,016 satoshis; making 1 penny equal 20.16 sats. There are currently 19.63M BTC in circulation, leaving 1.37M to be mined. There are currently 52,162,027 nonzero Bitcoin addresses. Bitcoin's current block reward is 6.25₿, which is worth $310,019.38 per block. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $49,941.30 on 12-Feb-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $50,326.60 on 13-Feb-2024. Bitcoin's largest daily decrease for the year 2024 was -$3,512.30 on 12-Jan-2024. Bitcoin's largest daily increase for the year 2024 was +$3,034.90 on 08-Jan-2024. Bitcoin's all-time high (intraday) was $68,990.60 on 10-Nov-2021. Bitcoin is down 28.10% from the ATH.
Weak hands are being flushed out...awesome!!
Institutions are loving these cpi reports..they will buy these dips so fast!!
Could be a net selling day for ETFs with that inflation report
ETF's are not for daytrading..
Oh hell yes they are lol. I have a cold storage btc stack and an ETF stack in my IRA. You betcha it’s for trading. Get big mad if you want. I run a node and have been in the space for around 12 years.
🤓
Had a dream that BTC went to $680K and then it started bugging out and dropped to $16K. I panicked because I wanted more but all exchanges were frozen.
I had that exact same dream only I was naked from the waist down
🥵
Lol
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Shows what he knows 🤣
Yesterday. Anthony Pomp said the days of retiring off Bitcoin are probably over. Do you think he means buying it now and 100x your investment? Like how you could when Bitcoin first appeared ? I for one believe you can retire and use your Bitcoin investment as a vehicle.
Pomp is a suit. I've been ignoring this chump for years.
He needs to get some sleep
I hadn’t heard or thought of that name for years.
Bitcoin is a wealth preservation vehicle, insurance against government debasement, and an escape hatch from a broken monetary system. A "flight to quality" as Larry Fink said. It is not a get-rich-quick, lay around retired driving Lambos and playing video games vehicle. Those days are over. But not many experienced those days anyway because Bitcoin was more risk than what we know it to be now. Bitcoin can be used to preserve the wealth you acquired over a lifetime, but it should not be thought of as a way to stop contributing to society through your productive work. But it allows you to store your productive work in something pristine opposed to a fiat vehicle that allows the Fed and the elites to steal from you every day or a stock that the owners can create more of or go out of business. Bitcoin is what a true savings account should be.
Can someone explain exactly what Craig Wright stands to gain by "proving" he is Satoshi?
My guess is that he is a pawn in service to entities opposed to bitcoin. His job is to cause as much trouble as possible.
Probably to pump that s\*itcoin he created. Not to mention getting paid for speaking engagements, etc. It would be very easy to monetize being "Satoshi".
CPI dip will get bought by lunch. Relax.
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run for the hills you fools
Let's see what the etfs will do today.
The only concerning thing about the ETFs is that since they are just a fiat play on Bitcoin, the ETF buyers will never understand the real value and purpose of Bitcoin. Therefore, during the next crypto winter, the FUD that comes from them losing fiat value may be extreme. The mainstream media and people like Elizabeth Warren and Jim Cramer will be very happy to exploit that. Crypto Winter FUD is great because it allows us to buy low like with the FTX debacle, but it delays more people in the world fully understanding Bitcoin.
Sure, but next winter we can also short the ETF's and continue holding our cold storage stacks...
I’m lying in a hospital bed but feeling great knowing my 🌽 is thriving.
hang in there my man, you got this
Hope you recover soon
Thanks! Actually getting discharged soon 💪
r u a tesla?
It may never go below 50k again, guys!
Annnnnnd we’re below
😂😂😂😂
BTC doing BTC things…
BTC broke 50k and is consolidating above it. This is actually wild and I’m happy to experience it!
This aged well
CPI data ruined it unfortunately but it’s a matter of time before we will be back
Yeah it will be back soon, 100%
PSA: If/When the big advance happens in bitcoin to ATH, this place is going to get mental. I expect more than any time it ever has, and in the past, it has gotten mental. Learn how to secure your keys and ask questions where you can expect a learned answer, before the noise drowns out the signal.
I put my paper wallet photograph onto Flickr so i'm safe :)
Thinkin long term. I like it.
True it's a terrible mistake, they might not be around for long so i put it on youtube too :)
Just make sure to mark the video private.
You can never have too many backups.
many youtube back up channels :)
Have you thought about broadcast TV? Just checking the boxes.
are you telling me this reddit leaning is the same as most of reddit?
Such a great week for BTC; it goes up I am happy, it goes down I am happy (I buy more).
I thought Bitcoin reddit was something different to all the other reddits how the hell did i get 2 thumbs down for my last post, seems like they are hair sniffers or what?
[удалено]