BTC

Leynnox

BTC is not a 3 years investment. You want quick bucks, you buy stocks, you want to get rich in 10 to 20 years, you buy BTC.

Blaspheman

Nope. BTC is the king. The one and only.

aaaaaaaarrrrrgh

No, that's kinda the opposite of what he said. He said take 100 BTC, leverage-bet on *rising* prices (you now have 0 BTC because you got liquidated), then announce that the remaining coins will be verifiably destroyed, increasing the value of all remaining coins. The leveraged short is a lot more sensible.

Leynnox

Check the market cap for gold, check the market cap for BTC, then check the news about countries building a BTC reserve, now open your calculator and apply gold mcap to BTC.

omg_its_dan

Highly doubtful, but you will still be in a great position. You don’t need 1 BTC. The vast majority of people will never own even close to this amount due to bitcoin’s finite supply.

godofleet

Its not so complicated or scary... 1BTC = 1BTC  Again, zoom out, a 20% drop denominated in fiat in a market that moves 100s of ℅ over the decades isn't a threat, it's just normal market activity.

PapiMak

Just crown him the patron saint of BTC already.

Supaflyray

1 single entity holding 42% of the total supply, releasing 1% of the total supply , and then relocking them up to then sell again. They’re the ultimate whale. Every month they sell their bags, that they premined. That’s not decentralized at all compared to POW or POS systems. Imagine if satoshi’s wallet woke up and started releasing 1% of the total supply of BTC every month. That’s the reality of what’s going on with XRP

carsonthecarsinogen

Highjacking this because you still refuse to answer my question. Send me something of value right now, and I’ll hypothetically pay you in whatever currency you want to match that value so that you’re not at a loss. I live 1000 miles from you, I don’t have access to standard banking for a few reasons, make sure it’s not possible to double spend this value, I also need this “thing of value” to be indestructible because I want it to last my lifetime.. I’ll wait. You said it yourself, value is subjective. The above is not and I see value in the above. In reality what i truly see value in is the inability to debase BTC and its ease of storage and protection. I would love gold but I can’t carry around bars of gold nor do I trust myself to protect a safe full of it from my potentially dangerous government. There’s also no way to verify golds supply, any nation could have massive amounts stored away off books which could in theory devalue the float.

Humphrey-B-Bear

If the amount you're investing is a meaningful enough, then spend a little more time and learn about the "why" of BTC. Too many focus on the $$. Once you understand the "why", you'll worry litte about seeing it go up and down. 100% of buyers who held for a min of 4 years are in the green. It doesn't matter when you board the train. Just get on the train, hold and go make yourself a sandwich.

ClemPFarmer

I bet he bought back in and has plenty of BTC.

Visual_Building_1666

LOTS of excellent advice in your post...WOW. I would only add that investing in a spot BTC ETF is preferable to some, and there is nothing wrong with that. Let Merrill Lynch or Fidelity or whatever investment brokerage one uses deal with safely holding the BTC...also great for Roth IRA accounts.

Lavayo

Put it on the fridge with a magnet, so I don't lose it. Why should anyone involved with BTC at its creation have used floppy discs? BTC is really not that old.

Nachtbeest23

Thank you Trumpdaddy for pumping BTC.

cjneutron

Probably chuckle to myself laughing at whoever wrote that on a floppy considering BTC wallet addresses didn't start using seeds until 2012. And to my knowledge the majority (if not all) of the potential Satoshi wallets all used the original bitcoin core wallet format. Seeds didn't come into play until they started using BIP32 & BIP39.

canadianragweed

I think everything you mentioned aside from maybe XRP has potential. And XRP may, I just don't personally trust them. RWA is no doubt going to be a thing, it's just going to take time. BTC, ETH, and LINK have been and currently are 90% of my crypto portfolio. They are not for sale. I bought XRP and SOL at the right time so I'm still up hundreds of % at current prices but, they are for sale at the right price. SOL is not ETH.

Glass_Number_1707

BTC been grinding for a few days now but be careful. May grind higher or lower. Next is wait for the fed meeting. This has been the year of disruptions. BTC needs a catalyst and if Congress ever gets off their as-es and passes the clarity act that will be a big step forward when it comes to merging into the financial systems. Right now it's a bit of wait and see. Plus stack sats. 🤑

Afraid_Arm4821

the point of buying altcoins is to gamble responsibly, not to invest. Every altcoin chart you mentioned is basically a cardiogram. That pattern exists because alts pump when liquidity is stupid and dump when reality returns. BTC looks like an upward staircase because it’s the only one institutions, governments, and polymarket traders consistently treat like a durable asset. Everything else momentum plays with expiration dates

DifferentMandrill

the point of buying altcoins is to gamble responsibly, not to invest. Every altcoin chart you mentioned is basically a cardiogram. That pattern exists because alts pump when liquidity is stupid and dump when reality returns. BTC looks like an upward staircase because it’s the only one institutions, governments, and polymarket traders consistently treat like a durable asset. Everything else momentum plays with expiration dates

Saylor_Moonboi

You install some bitcoin software on an online computer, and you run the software, and it 'mines' Bitcoin for you. There are two ways to do it, you can join a pool, which is an online group of bitcoin miners, and if you do that, you will receive a tiny amount of bitcoin, vastly less than one, every so often. The other way is to mine blocks directly yourself. If you do that, you will receive basically no bitcoin, unless you get insanely lucky, and if that somehow happens, you would get 3.125 BTC, at least if you get lucky before the next halving, when that reward amount would go down by half.

Long_Tackle_6931

If the seed code inside works I probably wouldn’t move the BTC for many a while. I’m pretty rich myself outside of crypto anyway like $10m+ type, so I’d spend a year or 2 planning what I want to do. Too many consequences from tax, being targeted by USA China Russia cia kgb ccp, entire underworld after me, will be being exposed tank the market because I’m a nobody, would I be accused of theft etc. So no I wouldn’t touch it for awhile and map things out very carefully

Plenty_Ad_9549

Go BTC and hodl 💪

Ahlbie12

Smart money stacking while others panic. BTC ain’t dead yet.

nitroacid411

Here's some new and data recently to help back your calls. *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.

Muriqui91

The coins on that wallet are considered as not accessible or lost. So they count as burned. Keeping that in mind (and for easy math) let's say he has 1M BTC on there. That would mean there will only ever be 20M BTC available. The whole MC is calculated with that in mind. If that wallet ever moves 1 coin; the whole of BTC would crash because there would suddenly be 1M of them available as "extra" supply that wasn't supposed to be available. Would BTC recover? I think so, yes. But I can't know for sure. It'll take a loooong while and I have no idea what the bottom would/could be in this case. Someone correct me if I'm wrong.

RANEDJ

We’re Are Entering The Everything Up Stage $BTC $GBTC

ExternalElk1347

***Lights a bowl*** 🥣 $$$ buys more BTC$$$

CinderMayom

So go all in a massively leveraged short position, and then move a single BTC from that wallet to an exchange?

reliable35

Never get rich from BTC…might do a 2x from here in 5 years… Many large cap Alts meanwhile could easily 5x 10x from here..

j_a_f_89

If that BTC ever moves in any amount, bitcoin will take a significant hit. The assumption we all have is the creator did so in god faith and that those funds are inaccessible.

Truth_Teller3

The instant that wallet moves any BTC the market tanks lol

watch-nerd

10% of your port for moon shot gambling alts. Crypto majors for the rest of the 90%. BTC, ETH, SOL in a 23:5:1 ratio.

megalometoxos

Take 100 BTC for myself, long market x1000 leverage and announce massive burn 😂

mdpmdq

Sats are the fractions of BTC. To put it another way, Sats are to bitcoin what cents are to the dollar.

Mdlage

I have owned BTC, but never owned gold.  I don’t understand why people “stack” gold, vs just buying equities.  BTC is actually reaching a risky point.  I have a friend who is worth…. A lot… I don’t know for sure, but he MAY be approaching the billion level. He recently sold his company for an amount he can’t disclose yet, and he had 9 figures prior to that. So I would imagine he is.  He had always been a bitcoin non believer, he actually had a running bet for 10k with another less rich friend that bitcoin would hit 0 within 10 years, which he lost. He said he’d never own one.  When BTC crossed 100k he bought 50 million worth of them…. He has no intention whatsoever of spending them, or using them as currency, just to sit there and gain value over time ideally.  How many more people are going to buy over that amount who are not obscenely wealthy?  It really NEEDS a legal use case for the everyday person, that they are actually regularly using at some point to justify price appreciation.  I’m not a BTC hater, but it’s also reaching a point that’s hard for the average person to see themselves securing a position in, and also to keep finding people to pay significantly more without real regular use case. 

Illustrious_Way3898

It’s nice, but BTC outperformed ETH so much that the yield is irrelevant. I am pro-ETH, but the price action the past few years have been pathetic. It’s time for ETH to stop with the shitcoin behavior.

DailyUpsAndDowns

BTC is played out. Seriously. Why play with your emotions. The number one most manipulated crypto by and large by the large and in charge enterprises on planet earth. The other commentor dollar_llamas said it best...S&P for your sanity.

Denniszi

Watch them asking you how to buy BTC after seeing that

-Belon-

BTC for it's stature. KAS for it's basically enhanced Bitcoin with modern technologies applied. Why TAO?

adiabatic_storm

It's somewhat subjective and qualitative, but I myself place a huge value on the trustless component. For the average person with a tradfi bank account who never encounters serious fraud, never has their account frozen seized or shut down (whether rightfully and legally or not), never loses money due to a bank run and/or losses above FDIC insured amounts, never has their account balance devalued in a short period due to runaway inflation, never is inconvenienced or damaged due to routine transfers and transactions being held, etc. - these people may not really have a problem with the traditional 3rd party trust based financial system, and find it difficult to understand or value a trustless one. For anyone who has experienced one or more of these issues, though, or who hasn't but wants to guard against them ever happening, Bitcoin is black and white the clear winner and solution to all of the above. Really the only remaining argument against BTC is that adoption is still low enough and volatility high enough to make most average people hesitant to commit large amounts, or to transact in everyday business dealings and bills etc. And while that's a valid concern, it also just goes to show how much upside really is remaining. We're at the tip of the iceberg...

Boohan33

I’m not talking about $BTC and I’m not talking about $TAO short term.

_SlipperySalmon_

You think it is currently overvalued when it's market cap has stayed about flat at 2 trillion and gold has ran up to a 30 trillion market cap? What about gold justifies an increase in 5x the entire cap of bitcoin? Has there been some dramatic new use case discovered in the last year? BTC competes against gold primarily in a "store of value" category (old - analogue vs new - digital)

Thecasasciusdealer

Yes I do, I buy, sell, and authenticate. As far as the premium I’d say it varies but I try to do 3-10k over the base bitcoin value depending on the amount of the BTC, condition and if it’s PGCS certified. I would have to examine it to know exactly but of course the goal is to always maximize the amount you can get for it.

DailyUpsAndDowns

BTC is played out. Seriously. Why play with your emotions. The number one most manipulated crypto by and large by the large and in charge enterprises on planet earth. The other commentor said it best...S&P for your sanity.

Virtual-Metal9290

Yes. There are lots of potential problems: heat management, sound management, electrical load management, negative profitability, hardware depreciation. I run some old miners unprofitably as a greenhouse heater, but the computer tech part of mining BTC is pretty simple these days.

Grooveman07

You hit the nail on the head, they’re creating a false narrative to trick all the ai bots that consider “social sentiment” as a metric to execute trades, they trick individuals into making decisions with bullish phrases “rebound” etc and connect it with absolute bullshit developments “rate cuts” lol BTC hit its ATH at a time of historically high interest rates and they actually think we believe the bullshit that it will go higher because of a 25bps rate adjustment?

Ok_Field_8860

Curious how this is more significant than a limited supply? This adjusts how quickly BTC can be mined. Anything more behind it than that?

Prabuddha-Peramuna

I get why you feel bummed, bro. Anyone would. Buying at 120k and watching it slide to 90k feels terrible in the moment but honestly, if your plan is to hold for 10–15 years, this drop barely even registers on that kind of timeline. You’re actually in a better position than you think. My approach is similar but with a twist: I hold BTC long-term, but I don’t DCA into it every month. For me, there are other coins that have way more multiplication potential, so that’s where I use DCA. Bitcoin, I treat differently. It’s the foundation the long-term store of value, not the high-growth play. For BTC specifically, I use **Value Averaging** instead of traditional DCA. Meaning I only add more when it drops 20% or more. Buying strength in alts and buying fear in BTC is a really healthy balance. And honestly, you seem to have the right mindset being able to sleep through a 50% drawdown is basically the only requirement for a long-term Bitcoin holder. The people who made life-changing gains in BTC weren’t the ones who bought at the perfect price… they were the ones who *didn’t panic sell* when it dipped. So yeah, holding your 0.4 BTC for a decade+ is completely valid. No need to overreact to the short-term volatility. Zoom out the real game is played on the 10–15 year chart, not the 10–15 day chart. You're good. Stick to your plan.

SeriousGains

I saw somewhere that MSTR was actually valued below its BTC holdings as of late. ELI5 how it makes sense to short in that case?

Medium_Change4574

Depending on how much they already know, the simplest and effective way is just saying there will never be more than 21 million BTC and the dollar can be printed indefinitely so number go up

kirtash93

I am one of them but I dont hold 1000 BTC, I hold 1000 different tokens /s

coinfeeds-bot

tldr; The number of Bitcoin addresses holding over 1,000 BTC has increased during the recent market dip, indicating strong accumulation by large holders such as institutions and high-net-worth investors. This rise in activity coincided with Bitcoin's drop to $80,000 and rebound above $90,000, suggesting major players bought the dip. The trend reflects sustained confidence in Bitcoin's long-term value despite market volatility. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

RustyNards

What happens to the value of BTC when MSTR and others become a net seller, instead of a buyer? At some point they will have to sell and realize gains/losses. Correct?

user_name_checks_out

> I think a lot of ppl who knew about BTC in 2009 are now in their 50’s. *50s. Plural, not possessive. The reason that I did not buy bitcoin in 2009 was not because there was no market, it was because I had not yet heard of bitcoin.

BlueM92

Better to spend your money on BTC than this poison

Aggressive_Spell2314

I think a lot of ppl who knew about BTC in 2009 are now in their 50’s.

eghoostly

Spot on—QT wraps Dec 1, and the balance sheet’s about to swell past COVID peaks at $20B+/month just to keep reserves ample.   That’s not ‘easing,’ it’s de facto liquidity tsunami for risk assets. BTC’s grinding that $91.7K wall right now (up 4% today to ~$91K), but with RRP draining and TGA drawdowns accelerating, this is the stealth QE nobody priced in yet.  COVID added $4T in months; this could eclipse it by EOY if deficits balloon under Trump. Buckle up—$100K BTC by Santa rally? Easy if we break 92K clean.

MechRxn

You’re missing my point, what does it do that benefits people? It provides visibility which people do not want. Sure it runs 24/7 but I would argue that has drawbacks too. Please tell me what BTC does that revolutionizes banking / investing / monetary policy?

UnhealthyFailure

I’m currently baiting the universe. I bought $50k Canadian worth when 110,000USD BTC price. Then immediately it started dropping. Good thing I have $10K CAD in my account to DCA. So I’m looking forward to a huge crash. Go ahead fucker, crash I beg you crash all the way down to $40k like people are saying. Then I can by 0.25 BTC. I’m fucking waiting.

Aggressive_Spell2314

not sure, lost contact. Almost everyone who bought bitcoins back then were engineers. I have another engineer friend who bought BTC cheap in early 2010, not sure exactly when. He said one of his colleagues at work retired in 2017. Those days are over. BTC is not a multiplier anymore. It’s just best to hodl as a long-term investment.

justadud3x

Since you call yourself dealer, i guess you trade them? Whats the current premium for them? And a friend of a friend would like to know the current value of a 2013er 0.5 BTC coin, unredeemed.

FlimsyConclusion

Canadian here. I use NDAX, has a 0.2% transfer fee regardless of the amount. So I've set up a small weekly deposit into BTC as it is down trending, and will likely keep this going long term.

AutoModerator

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ChainConcepts

Guy who initially didn’t understand or value Bitcoin is now giving advice to everyone about how Bitcoin markets will operate. SMH. Even with institutional adoption, halving cycles will absolutely play a role. This is the LAW of supply and demand, literally at the core of the Bitcoin protocol’s disinflationary design. Markets, mature or not, cannot defy gravity. It’s true that macro factors and tradfi plays a role, but I think the halving cycle continues to play a role. Growth just becomes asymptotic similar to the Bitcoin supply. For example we may see a logarithmic growth curve. That is, BTC price increasing *but at a decreasing rate*, relative to supply schedules, ceteris paribus.

Aggressive_Spell2314

you deleted your reply. you responded to my post and said you couldn’t buy bitcoin because there was no market in 2009. from what I remember, you got BTC for either CPU mining or through P2P transaction.

Froz3n_Cornchip

It’s like another small rally, makes you think we are on our way back and then plummets even lower than before. Eh I can’t tell you what you should do with your BTC. I’m not a 100% holder. I have a bag that I hold, and a smaller bag that I take profits from to try buy back more in the bear market. If we hit new ATH I will be taking more profits. Good luck mate.

Jazzlike-Check9040

MSTR is not BTC

DryMyBottom

BTC is collecting nice little green candles right now

PatMu5tard

BTC looks primed for another move up

inadyttap

Show the BTC USD chart?

Utopian-Mind

I studied in business university. So everything new in finance and industry is discussed by someone somewhere in university. Your ear listens to many things. But the Blockchain and BTC financial system was so novel and complex at that time to understand and grab into that no one much cared about it.

FilmDazzling4703

BTC standard time

Notrustjustverify

No one knows, there are still people from the last bottom saying they’ll buy BTC at 10k.  DCA and chill.

Froz3n_Cornchip

Sorry mate but no one knows, we all have our guesses but not even BTC CEO knows. Thats why most people DCA and throw more money on big dips.

Easik

It's not special at all, it's code. There is always market consensus on what's valuable and what's not, as well as how to secure that value. Right now, BTC has a lot of money behind securing it's value and it has consensus that it's valuable. ETH is PoS. Every developer has a different opinion on which PoS chain can provide the best value to their customers and which chain they should use. There will always be a fractured developer base building value into the PoS chains. Everyone has pretty much accepted (aside from BTC maxi) that BTC isn't going to be the main chain for developers and dapps.

HammersGhost

I doubt it. People are people and will look for opportunities in alts. People also trade alts to roll profits into BTC.

RamoneBolivarSanchez

Retarded bank says XLM is better than BTC because it’s centralized. Keep moving people, nothing to see here

Mattie_Kadlec

It felt the same way when BTC went down back to $3K a while ago. Online sentiment was worse than now but I kept seeing headlines similar to this one. It’s not just about understanding that you “need to invest for the long-term”, you also need to know what that actually means.

retro_grave

What are the expected terms for BTC collateralized loans? That will tell us how confident their magic ass number is.

CYOP4567

BTC Logic: What goes down must go back up.

Regular-Signal228

CZ sold his house and bought BTC and it plummeted afterwards. Stay cool

croatiatom

I don’t think you understand the concept. You are spending an asset that you believe will increase in value. You could pay your bills in fiat and save in BTC, but you don’t.

yell0w8

i don't know the abbrivations you are using, but the trend of BTC is downwards, for now at least

2_The_Moon_And_Back

I cannot believe you forgot “BTC sneezes, alts bleed”

VariatCA

It is for everyone who bought the bottom last week. BTC's up nearly 14% from last Thursday night's lows, and ETH is up about 16%. That's practically matching the S&P's year-to-date gains in less than 6 days from buying at that level.

DaveinOakland

If I had any extra cash I would have dumped it all into BTC last week.

Epileptic_Fridgeboy2

I think in the same way you should diversify your investments, you should also diversify your purchase strategy. Keep a steady DCA policy going, but also pragmatically ringfence a chunk of your BTC for selective buying/selling close to lows/highs (it doesn't even need to be precise at all). I prefer that approach, it's certainly made me a lot more money than just DCA'ing over the years. But I agree, for people who just want to relax and leave it alone, DCA'ing by itself will still work.

nitroacid411

Been a good week. Here's some current data trending *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.

justlukedotjs

I want to invest in public L1 chains.... if we don't support them then we get CBDC hell. The blockchain/decentralized/Web3 future is bigger than just BTC. We CAN have full decentralization and ownership in a way that has never been possible before. Even things as "simple" as owning your actual email address.. or your social media profiles. Big tech won't have custodial ownership and control over all of your data.

Zealousideal_Rain_79

Unfortunately, we are unlikely to see an altcoin season in this cycle. Retail investors were negatively impacted by tariffs, and many who purchased coins in previous cycles and were scammed are now reluctant to engage with crypto. Additionally, the BTC cycle appears to have ended after dropping below the 50-week moving average.

justlukedotjs

Why? Set smart SLs, and buyback is there is a sell-off. You're trying to accumulate BTC... not FIAT.

justlukedotjs

You can wait, I guess.... the entire economic system is currently in the process of transitioning over to blockchain. If CBDCs do become the norm (God help us for starters...) you'll wish you had a bag of BTC if you currently dont.

JakRenden2

Only 10k? If BTC can go to 100k why can't XRP at least go to 50k?! /s

justlukedotjs

NFA, but yes. MACD hasn't dipped this low since the "crash" *between* the ATH peaks in the 2021 bull run. Also, RSI hasn't dipped this low into oversold since Feb in the lead up to the current ATH. This is currently a strong recoil effect from a massively oversold position. I bought in at 82k, my SLs are already above my buy-in, so I'm in free-money territory. Breaking and holding support >92k is going to be huge. BTC is in a good position. We're literally tracking with the macro uptrend perfectly. Dips on or below this trendline are all buys imo. https://preview.redd.it/sqv0kq29wt3g1.png?width=1454&format=png&auto=webp&s=70e125f03bfcdae53e8952b3add589c19d44207c

theincognito66

of course, but there are approximately 60 million millionaires. My hypothetical asks what would happen if they all wanted to purchase a full coin, since they would likely have the funds available to do so. There will never be 60 million BTC - so they each could not have one. Furthermore, much of the supply is owned already. Imagine what would happen to demand and therefore, the price.

mR_m1m3

>admit you have nothing constructive back to say but I did... after all, the fact that you mentioned Bitcoin implies they are somehow similar in terms of supply held by the creator of each, which they very much are not. and pretending that it's cool and not a threat to the coin's price is delusional. >jumped straight the BTC argument that I opened up at the start yeah, because it was, as you said, at the start. and I have ADHD, so I politely let you know that what you, I have no doubts, carefully constructed, I'm not reading and responding to all that, our points of view clearly differ and I respect that, after all - only time can tell, no reason to argue over digital coins, I did my research, you did yours, our verdicts are different, that's all, I don't need any lessons :) >Zip it! The crickets are telling. I meant nothing but respect until this far, but this kind of shit makes you look like pathetic internet macho, I'm too old for this shit >Fare well to you! and here we go back to (almost) nothing, but respect

stocksinya

Don’t sweat the dips. They make you a better investor. .com crash, GFC all fun times. Live through those and a 70% dip on BTC feels like a party! 10m is pretty high. I’d cut any estimate in half to get a more realistic estimate. BTC is gonna do what BTC is gonna do. No one can predict it.

Indi_Cat123

Just admit you have nothing constructive back to say because you are ill-informed. And jumped straight the BTC argument that I opened up at the start as an example. Zip it! The crickets are telling. > so let me summarize: I wish you nothing but luck with your investments, I truly do. but my opinion on XRP is negative, as simple as that! Fare well to you!

ShitcoinJoe

I think Peter Schiff can actuall do it 😂. But I also think that he likes BTC and just plays his role.

braamdepace

lol what was your life savings in before this? Cash. You DCA’d into cash just to yolo into BTC? Peak